(I-BusinessNews.Com, August 09, 2021 ) Amyl Cinnamic Aldehyde Market size is forecast to reach $1,019.7 million by 2026, after growing at a CAGR of 4.9% during 2021-2026. Globally, amyl cinnamic aldehyde is synthesized by aldol condensation with a heavy aroma of jasmine and is commonly used in the manufacture of personal care products such as perfumes, deodorants, and many others. It produces a jasmine-like floral fragrance, when other volatile chemicals of floral character are added to it. Amyl cinnamic aldehyde is also used in various end-user industries and applications such as household care, where it is used in detergents, liquid detergents, and fabric softener. Furthermore, increasing consumption of food products with natural flavoring agents is anticipated to create new opportunities for the growth of the global amyl cinnamic aldehyde industry in the forecast era.
Impact of Covid-19
The COVID-19 pandemic and the resulting government-ordered lockdowns have led to a profound recession impacting virtually every region of the world in 2020; the consumption and production of food and beverages, and personal care and home care products was also hit, leading to the declination of the amyl cinnamic aldehyde market.
Amyl Cinnamic Aldehyde Market Segment Analysis- By Type
Synthetic amyl cinnamic aldehyde held the largest share in the amyl cinnamic aldehyde market in 2019. Because of rising prices of natural oils, many manufacturers of amyl cinnamic aldehyde have been using synthetic sources instead of natural oils to provide customers with cost-effective and high-quality goods. The amyl cinnamic aldehyde acetal derivatives have demonstrated impressive fragrance characteristics. The lower aliphatic ethanols generate jasmine-like acetal derivatives, while the higher aliphatic ethanols generate acetal derivatives with a cocoa-like smell. In consumer end-use products, including deodorants, detergents, fabric softeners, shampoos, cleaners and soaps, the synthetically generated amyl cinnamic aldehyde is commonly used as an aroma chemical. Thus, with an increase in the demand for synthetic amyl cinnamic aldehyde the market is anticipated to rise in the forecast period.
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Amyl Cinnamic Aldehyde Market Segment Analysis- By End Use
Personal care sector held the largest share in the amyl cinnamic aldehyde market in 2020 and is projected to grow at a CAGR of 5.2% during the forecast period 2021-2026. In the personal care industry, non-food-grade natural and synthetic amyl cinnamic aldehyde are widely used. Amyl Cinnamal is a pale yellow liquid with a floral fragrance reminiscent of jasmine, also called alpha-amyl cinnamic aldehyde. Amyl cinnamal acts as a fragrance component in cosmetics and personal care items and is used in the formulation of bath products, bubble baths, body and hand products, and shampoos. It is also commonly found in commercial products such as home care products such as detergents, fabric softeners, and cleaners as fragrances. Amyl cinnamic aldehyde is an economical ingredient that quickly blends and helps in fixing fragrances. Rising usage of synthetic fragrance alpha-Amyl cinnamaldehyde owing to its jasmine-like odour is also anticipated to drive the market growth. Thus, with an increasing use of personal care products in day to day life will raise the market demand for amyl cinnamic aldehyde over the forecast period.
Amyl Cinnamic Aldehyde Market Segment Analysis- Geography
North America region held the largest share with 33.2% in amyl cinnamic aldehyde market in 2020. Globally the demand for amyl cinnamic aldehyde is dominated by North American region due to the higher demand for personal care and home care products along with higher consumption of packaged foods. According to International Trade Administration (ITA), in 2017, Mexico ranked in the world’s top 10 cosmetics and personal care products markets, and continues to be the second largest beauty products market in Latin America. Due to the availability of a range of domestic and imported brands and strengthening economy, consumption of cosmetics in Mexico has increased steadily over the past 15 years. Nevertheless, current market conditions such as New Mexican administration economic instability, a powerful U.S. dollar, and the renegotiation of the North American Free Trade Agreement have contributed to more modest business growth projections at least until 2020. Thus, the demand for the amyl cinnamic aldehyde market is therefore anticipated to increase in the forecast period.
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Amyl Cinnamic Aldehyde Market Drivers
Increasing Demand for Amyl Cinnamic Aldehyde in Food and Beverage Industry
Aldehyde occurs in a large range of foods and food components as natural (flavoring) constituents. There is a floral, tropical, rosy and honey-like taste and a fruity nuance of natural amyl cinnamic aldehyde food grade. It is prominently used as flavoring agents in different forms of food and beverage products. Generated from natural oils, the natural amyl cinnamic aldehyde is primarily used in the food and beverage industry. Also, amyl cinnamic aldehyde is widely found in many Indian foods and medicinal and cosmetic products. Thus, amyl cinnamic aldehyde has a high potential for human consumption in India. Therefore, with the increasing demand for food and beverages worldwide the demand for the amyl cinnamic aldehyde market is also expected to grow in the forecast period.
Rising Population will Tend Towards the Increasing Usage of Personal Care Products
The increasing consumer population plays a crucial role in the growth of the overall market, as amyl cinnamic aldehyde is commonly used in the Fast-moving consumer goods (FMCG) industry. In addition, as amyl cinnamic aldehyde is mainly used because of its floral fragrance in personal care products, the population’s increasing disposable income has a significant impact on the global market dynamics. The increase in the number of consumers in various countries such as India, China, Indonesia, Thailand and Vietnam and Latin American and African nations is anticipated to drive the demand for personal care and household care items in the next few years. According to the International Trade Administration (ITA), in 2018, Thailand’s demand for beauty and personal care products was estimated at around $6.2 billion and is forecast to hit $8.0 billion in 2022. Over the last six years, Thailand’s beauty industry has grown by 7.2-7.9 percent annually. Also, according to the food and agriculture organization (FAO), it is estimated that the world population will rise from 7.5 billion in 2020 to 8.2 billion in 2030. Thus, the rising population will drive the market demand for amyl cinnamic aldehyde in the upcoming years.
Amyl Cinnamic Aldehyde Market Challenges
Health Effects of Alpha-amylcinnamic Aldehyde
Apparently, sensitivity to alpha-amylcinnamic aldehyde (alpha-AcAld) is rare, but it sometimes accompanies perfume allergy in Mycolog cream, that is similar to the allergy to alpha-amylcinnamic ethanol (alpha-AcAlc). Of fourteen person’s sensitive to either chemical, ten reacted to both. Amyl cinnamic aldehyde causes chronic recalcitrant vulgar eczema. This causes sensitization to occur, and the re-exposure to a suspected substance reproduces the eruption. Use of other potent sensitizers, e.g. ethylenediamine, to treat irritation and chronic high absorption eczema can partially explain the development of a relatively weak sensitizer allergy. Hence, health effects of alpha-amylcinnamic aldehyde in humans will further create hurdles for the amyl cinnamic aldehyde market in the forecast period.
Amyl Cinnamic Aldehyde Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the amyl cinnamic aldehyde market. Major players in the amyl cinnamic aldehyde market are Emerald Performance Materials, Kao Global Chemicals, Simalin Chemicals Industries Limited, BASF SE, Huntsman Corporation, Kalpsutra Chemicals, Inoue Perfumery MFG, Emerald Kalama Chemicals, Penta International Corporation, and Killicks Pharma among others.
Key Takeaways
North America dominated the amyl cinnamic aldehyde market due to the growing cosmetics and personal care products market in countries such as Mexico and the U.S.
Rising use of Alpha-Amyl cinnamaldehyde as synthetic fragrance & suspected allergen, will further drive the market for amyl cinnamic aldehyde over the forecast period.
Rising demand for amyl cinnamic aldehyde owing to its floral fragrance in the production of personal care products such as perfume, deodorants, creams and lotions, talcum powder is estimated to drive the market growth.
Related Report:
A. Cinnamic Aldehyde Market
https://www.industryarc.com/Report/15551/cinnamic-aldehyde-market.html
B. Aldehydes Market
https://www.industryarc.com/Report/15385/aldehydes-market.html
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