According to the research report titled ‘Natural Ferulic Acid Market Size By Purity (Natural Ferulic Acid <98% [By Application {Cosmetics, Pharmaceuticals, Functional Food & Dietary Supplements}], Natural Ferulic Acid >=98% [By Application {Pharmaceuticals, Food Preservatives, Cosmetics}]), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Switzerland, Belgium, Denmark, Japan, India, China, Vietnam, Thailand, Indonesia, South Korea, Australia, Colombia, Brazil, Venezuela, Argentina, Iran, Saudi Arabia, Egypt, UAE, South Africa, Nigeria, Morocco), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available at MarketStudyReport.com, the global natural ferulic acid market is expected to cross USD 55 million by the year 2025.
 

According to the report, rapid urbanization coupled with rising adoption of poor lifestyle are leading to rising prevalence of chronic diseases, especially in India and China, which in turn is driving the natural ferulic acid market growth. Natural ferulic acid improves heart health and helps in reducing high cholesterol levels and high blood pressure. High occurrence rates of obesity and growing middle class population are also aiding the expansion of the market.
 

As per purity, the report cites that 98% pure natural ferulic acid segment is expected to register substantial growth during the estimated timeframe. Natural ferulic acid which are 98% pure increase the shelf life of convenience food products. The product is extensively used as a preservative in food items due to its properties such as color retention and autooxidation. Increasing awareness pertaining to healthy lifestyle has led to rising consumption of organic food products. Moreover, evolution of fast paced lifestyle and escalating disposable income has led to growing demand for convenience food items which in turn is facilitating the business scenario.
 

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Considering the geographical landscape, the report states that North America natural ferulic acid market exceeded USD 5.5 million in the year 2018. Growing demand for organic personal care products and rising elderly population are contributing towards popularity of the product across North America. Rising adoption of anti-aging skin products among millennials in order to remove dark spots, prevent wrinkles, and fight acne are propelling the market growth.
 

The prominent companies operating in the natural ferulic acid market are Blue California, Nutragin Biotechnology Co. Ltd., Cayman Chemical, ChemFaces, Shaanxi Guanjie Technology Co. Ltd., Oryza Oil & Fat Chemical Co. Ltd., Yuancheng Inc., Kingherbs Ltd., Xi’an App-Chem Bio (Tech) Co. Ltd., Hunan Huacheng Biotech Inc., Hiahang Group, Zhonglan Industry Co. Ltd., Kowa India Pvt. Ltd. and Sisco Research Laboratories Pvt. Ltd.