Projected Growth: Synthetic Cinnamaldehyde Industry to Reach USD 556.2 Million by 2033, with a CAGR of 6.7% | FMI Reports

The synthetic cinnamaldehyde industry surged to USD 284.2 million in 2022 and is expected to maintain robust growth, reaching USD 556.2 million by 2033, with an anticipated compound annual growth rate (CAGR) of 6.7% from 2023 onwards. This growth is primarily driven by its extensive use in the flavor and fragrance industries, as well as …