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p-Hydroxycinnamic Acid Market Share & Growth | Forecast 2031

p-Hydroxycinnamic Acid Market

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Segments - by Types (98.0% and Others), Applications (Chemical Industry, Food Industry, Health Industry, Cosmetic Industry, and Pharmaceutical Industry), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author :

Riddhesh Dani

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Harneet Meher

Editor :

Shruti Bhat

Report Description

The Global p-Hydroxycinnamic Acid Market size was valued at USD 139.67 Million in 2022 and is expected to surpass USD 198.8 Million by 2031, expanding at a CAGR of 4% during the forecast period, 2023 – 2031. The growth of the market is attributed to its drivers such as demand from various industries.

The p-hydroxycinnamic acid is an organic compound that is a hydroxy derivative of cinnamic acid. It is a crystalline solid that is slightly soluble in water, but very soluble in ethanol and diethyl ether. P-hydroxycinnamic acid (pHCA) is used as flavoring agents as well as precursors of chemicals. These compounds are present in plants at low concentrations; therefore, complex purification processes are usually required to extract the product. The manufacturing has a shortcoming, such as the generation of toxic sub products or a low concentration in plant material.

Alternative production methods are being developed to enable the biotechnological production of cinnamic and (pHCAs) by genetically engineering various microbial hosts, including Escherichia coli, Saccharomyces cerevisiae, Pseudomonas putida, and Streptomyces lividness. Hydroxycinnamic acids and their derivatives display antioxidant, anti-collagenase, anti-inflammatory, antimicrobial, and anti-tyrosinase activities, as well as ultraviolet (UV) protective effects, suggesting that they can be exploited as anti-aging and anti-inflammatory agents, preservatives and hyperpigmentation-correcting ingredients.

Collagen is often recovered from the hides, skin, and bones of cows and pigs, while elastin has been recovered from the ligaments of cow, pork, fish, and chicken. Hydroxycinnamic acids can be found in derivative forms, such as amides and esters. P-hydroxycinnamic exhibit multiple physiological functions, such as antioxidant, anti-inflammatory, anti-microbial, anti-collagenase, and anti-melanogenic activity.

Market Trends, Drivers, Restraints, and Opportunities

Several use of p-Hydroxycinnamic acid in chemical, food health, cosmetic, and pharmaceutical sectors is driving the market.
Lack of awareness about the product is estimated to hamper the market growth.
R&D investments and technological advancement in medical field is projected to drive the market.
High price of the product is projected to hinder the market growth.

Scope of p-Hydroxycinnamic Acid Market Report

The report on the global p-Hydroxycinnamic Acid market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	p-Hydroxycinnamic Acid- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (98.0% and Others) and Applications (Chemical Industry, Food Industry, Health Industry, Cosmetic Industry, and Pharmaceutical Industry)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Cayman Chemical, NATIONAL ANALYTICAL, TCI Chemicals, AdooQ BioScience, and Nanjing NutriHerb BioTech.

p-Hydroxycinnamic Acid Market Segment Insights

The 98.0% segment is estimated to hold major market share

Based on types, the p-Hydroxycinnamic acid market is segmented as 98% and others. The 98.0% acid is a biological percent in which p-hydroxycinnamic is achieved at its full capacity. This is related to plant metabolite which exhibits antioxidant and anti-inflammatory properties. Its damaged bacteria show the activity by interacting in bacterial DNA. In western blot, p-coumaric is also used as an enhancer in chemiluminescent substrate.

The health industry segment is anticipated to expand at a robust CAGR during the forecast period

On the basis of applications, the global p-Hydroxycinnamic acid is fragmented into chemical industry, food industry, health industry, cosmetic industry, and pharmaceutical industry. It occurs commonly in plant origin. Caffeic acid is the predominant hydroxycinnamic acid in many fruits, constituting over 75% of total hydroxycinnamic acids found in plums, apples, apricots, blueberries, and tomatoes. In Health care industry p-hydroxycinnamic acid is used for HCA treatment of keratinocytes which lowered the production of the pro-inflammatory cytokines. Certain allergies are treated using these chemicals.

The market in North America is projected to hold a major market share

In terms of regions, the global p-Hydroxycinnamic Acid market is classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is subjected to hold major share in the p-Hydroxycinnamic Acid market. This is because U.S. is leading in the production of chemicals.

Asia Pacific is still one of the consumers, but slowly the countries in the region have started to manufacture their own chemical over the period of time.

Segments

The global p-Hydroxycinnamic Acid market is segmented on the basis of

Types

98.0%
Others

Applications

Chemical Industry
Food Industry
Health Industry
Cosmetic Industry
Pharmaceutical Industry

Regions

Asia Pacific
North America
Latin America
Europe

Key Players

Cayman Chemical
NATIONAL ANALYTICAL
TCI Chemicals
AdooQ BioScience
Nanjing NutriHerb BioTech

Competitive Landscape

The global p-Hydroxycinnamic Acid market is highly competitive and major market players include Cayman Chemical, NATIONAL ANALYTICAL, TCI Chemicals, AdooQ BioScience, and Nanjing NutriHerb BioTech.

Chemical industry contributes a significant amount to the GDP of countries and it is because of this reason many countries have started to invest in this market. The companies are benefiting from the government grants. In India chemical industry contributes 7% to the GDP. If the chemicals are not pure enough then it may affect the solution and cannot be used in its desired purpose.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. p-Hydroxycinnamic Acid Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. p-Hydroxycinnamic Acid Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. p-Hydroxycinnamic Acid Market - Supply Chain
  4.5. Global p-Hydroxycinnamic Acid Market Forecast
     4.5.1. p-Hydroxycinnamic Acid Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. p-Hydroxycinnamic Acid Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. p-Hydroxycinnamic Acid Market Absolute $ Opportunity
5. Global p-Hydroxycinnamic Acid Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     5.3.1. 98.0%
     5.3.2. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global p-Hydroxycinnamic Acid Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     6.3.1. Chemical Industry
     6.3.2. Food Industry
     6.3.3. Health Industry
     6.3.4. Cosmetic Industry
     6.3.5. Pharmaceutical Industry
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global p-Hydroxycinnamic Acid Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. p-Hydroxycinnamic Acid Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
8. North America p-Hydroxycinnamic Acid Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     8.4.1. 98.0%
     8.4.2. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     8.7.1. Chemical Industry
     8.7.2. Food Industry
     8.7.3. Health Industry
     8.7.4. Cosmetic Industry
     8.7.5. Pharmaceutical Industry
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
9. Latin America p-Hydroxycinnamic Acid Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     9.4.1. 98.0%
     9.4.2. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     9.7.1. Chemical Industry
     9.7.2. Food Industry
     9.7.3. Health Industry
     9.7.4. Cosmetic Industry
     9.7.5. Pharmaceutical Industry
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
10. Europe p-Hydroxycinnamic Acid Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe p-Hydroxycinnamic Acid Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     10.4.1. 98.0%
     10.4.2. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     10.7.1. Chemical Industry
     10.7.2. Food Industry
     10.7.3. Health Industry
     10.7.4. Cosmetic Industry
     10.7.5. Pharmaceutical Industry
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
11. Asia Pacific p-Hydroxycinnamic Acid Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific p-Hydroxycinnamic Acid Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     11.4.1. 98.0%
     11.4.2. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     11.7.1. Chemical Industry
     11.7.2. Food Industry
     11.7.3. Health Industry
     11.7.4. Cosmetic Industry
     11.7.5. Pharmaceutical Industry
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
12. Middle East & Africa p-Hydroxycinnamic Acid Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa p-Hydroxycinnamic Acid Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa p-Hydroxycinnamic Acid Market Size and Volume Forecast by Types
     12.4.1. 98.0%
     12.4.2. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa p-Hydroxycinnamic Acid Market Size and Volume Forecast by Applications
     12.7.1. Chemical Industry
     12.7.2. Food Industry
     12.7.3. Health Industry
     12.7.4. Cosmetic Industry
     12.7.5. Pharmaceutical Industry
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa p-Hydroxycinnamic Acid Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global p-Hydroxycinnamic Acid Market: Market Share Analysis
  13.2. p-Hydroxycinnamic Acid Distributors and Customers
  13.3. p-Hydroxycinnamic Acid Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Cayman Chemical
     13.4.2. NATIONAL ANALYTICAL
     13.4.3. TCI Chemicals
     13.4.4. AdooQ BioScience
     13.4.5. Nanjing NutriHerb BioTech

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