Fior Markets have recently added a new research review in its database titled, Global Ferulic Acid Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 which offers an acknowledged and extensive analysis of the immediate state of the market. The report analyzes, tracks, and presents the worldwide market size of the leading players in each region around the world. It offers an acknowledged and extensive analysis of the immediate state of Ferulic Acid market. The research report comprises an exhaustive and specialized study of the present industry state offering insights into market dynamics and key players. In addition to the historical condition of the market, this report also provides profitable market strategies to exploit the development of the market in the forecast period.
Ferulic Acid is extracted from Rice Bran Oil. It is one of the most powerful natural anti-oxidants. Ferulic acid is a natural chemical that is found in the cell walls of plants. It is called phytochemicals, which are found in a wide variety of plant species. The official name for this product is 4-hydroxy-3-methoxycinnamic acid.
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Scope of the Report:
First, the ferulic acid industry concentration is relatively low and the industry scale is relatively small, there are more than 30 companies in the global market in 2014 and Delekang is the largest.
Second, many companies are with their own technology as this industry is not with high technology barrel. And all manufactures in the world are committed to the improvement of product. Such as manufacturers in China are actively in introducing global advanced technology and put lots of time and money in the improvement of their product performance.
Third, these six years, as the development of economic, this industry developed as well, and the application field had been widened. And in the coming years, the demand of ferulic acid will still raise in a rate around 4.36%.
Fourth, the import and export percent of this industry is relatively high. China, as the major region in the production, is a major export country. And the export volume in 2014 was about 58.13% of the production volume in China.
Fifth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, as the major application field for ferulic acid is pharmaceutical industry, the need in the future will be uncertain.
Sixth, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The worldwide market for Ferulic Acid is expected to grow at a CAGR of roughly 6.1% over the next five years, will reach 75 million US$ in 2024, from 53 million US$ in 2019.
This report focuses on the Ferulic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
An exhaustive study of market competition by vital manufacturers in the industry: Delekang, Top Pharm, Healthful International, Ankang, Huacheng, Hubei Yuancheng, App Chem-Bio, Yuansen, Shanghai Bettersyn Biotech, Oryza, OkayasuShoten, Leader, TSUNO, Tateyamakasei, CM Fine Chemicals,
The production process is analyzed with respect to various aspects like manufacturing plant distribution, capacity, commercial production, R&D status, raw material source, and technology source. A vast selection of secondary sources, databases, and directories are employed for the completion of the research report. Primary sources comprise suppliers, business specialists from leading industries, service suppliers, distributors, and other organizations.
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