Global Syringic Acid Market Size, Share, Trends, Industry Growth by Purity (98% Purity, 99% Purity, Purity More Than 99%), by End-Use (Pharmaceuticals, Cosmetics, Food and Beverages, Others), by Region and Forecast to 2030

Report ID: RC36641 | Report Format: PDF + Excel | Starting Price: 3600/- USD |

The global syringic acid market size is anticipated to grow at a significant CAGR of over 6.5% during the forecast period from 2024 to 2030. The market is primarily driven by the increasing demand for natural antioxidants across various industries. As consumers become more health-conscious and seek out products with natural ingredients, the interest in syringic acid, known for its potent antioxidant and anti-inflammatory properties, has surged. This compound is increasingly being utilized in the pharmaceutical and nutraceutical sectors for developing dietary supplements and functional foods aimed at promoting health and preventing chronic diseases. Additionally, the cosmetic industry is witnessing a growing trend toward incorporating natural and effective ingredients into skincare formulations, further propelling the demand for syringic acid as a beneficial additive.

Another significant driving factor is the expanding research and development efforts focused on the health benefits of syringic acid. Studies have highlighted its potential therapeutic effects, including its role in cardiovascular health, anti-diabetic properties, and cancer prevention. As more scientific evidence supports these claims, the interest from pharmaceutical companies and researchers is likely to increase, leading to greater investments in product development and innovation. Furthermore, regulatory agencies are gradually recognizing the importance of natural compounds, creating a favorable environment for the approval and incorporation of syringic acid in various products. This combination of health awareness, scientific validation, and regulatory support is set to fuel the growth of the syringic acid market in the coming years.

Market Snapshot:

Benchmark Year 2023
Market Size lock
Market Growth (CAGR) > 6.5% (2024 – 2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players Shaanxi Pioneer Biotech Co., Ltd., Boc Sciences, Jiangxi Duyuan Chemical Co., Ltd., Hunan Huakang Pharmaceutical Co., Ltd., and Cayman Chemical Company

To know more about the research study, request sample papers

Market Trends:

Rise of Natural Ingredients: There is a notable shift in consumer behavior toward natural and organic ingredients across various industries, particularly in pharmaceuticals, cosmetics, and food products. As consumers become increasingly health-conscious and environmentally aware, they are actively seeking out products that are free from synthetic additives and harmful chemicals. Syringic acid, recognized for its potent antioxidant and anti-inflammatory properties, fits perfectly into this trend. Its incorporation into formulations not only aligns with consumer demand for clean-label products but also enhances the appeal of these products as health-promoting. This growing preference for natural ingredients is compelling manufacturers to innovate and reformulate their offerings to include compounds like syringic acid.

Increased Research and Development: The scientific community is increasingly focusing on the health benefits of syringic acid, leading to a surge in research and development activities. Numerous studies are exploring its potential applications in managing chronic diseases, such as diabetes and cardiovascular conditions, due to its ability to reduce oxidative stress and inflammation. This expanded understanding of syringic acid’s therapeutic effects is encouraging pharmaceutical companies and researchers to invest in the development of new products that incorporate this compound. As more scientific evidence validates its health benefits, there is a greater likelihood that syringic acid will be integrated into mainstream healthcare solutions, driving demand in the market.

Growth in the Cosmetic Industry: The cosmetic sector is experiencing significant growth, particularly in the areas of anti-aging and skin health products. Consumers are increasingly looking for effective skincare solutions that provide visible results while also being gentle on the skin. Syringic acid’s antioxidant properties make it an attractive ingredient in formulations aimed at combating oxidative stress, which is a major contributor to skin aging. Its inclusion in high-end cosmetic products is on the rise, as brands seek to differentiate themselves by offering formulations that leverage the benefits of natural compounds like syringic acid. This trend not only enhances the market for syringic acid but also aligns with the broader movement toward clean and effective beauty products.

Sustainability and Eco-Friendly Practices: As industries pivot toward sustainable practices, the demand for plant-derived compounds like syringic acid is increasing. The growing awareness of environmental issues has prompted both consumers and companies to prioritize sustainable sourcing and eco-friendly production methods. Syringic acid, which can be extracted from renewable plant sources, supports these initiatives and appeals to environmentally conscious consumers. This trend is particularly relevant in the cosmetics and food industries, where transparency in ingredient sourcing and production processes is becoming a critical factor for consumers when making purchasing decisions.

Emerging Markets: The demand for natural health products, including syringic acid, is rising rapidly in emerging markets, particularly in regions such as Asia-Pacific and Latin America. As awareness of the health benefits of natural ingredients increases in these regions, companies are recognizing the opportunity to expand their offerings and explore new market segments. The growth of middle-class consumers with disposable income and increasing health consciousness in these regions is driving the demand for health-focused products. Companies are likely to focus on localization and tailor their products to meet the specific needs and preferences of consumers in these emerging markets, further enhancing the potential of syringic acid.

Market Opportunities:

The global syringic acid market presents numerous opportunities driven by the increasing demand for natural and effective ingredients in various industries. As consumers continue to prioritize health and wellness, there is a growing interest in products that incorporate natural compounds with proven benefits. This trend is particularly prominent in the pharmaceutical and nutraceutical sectors, where syringic acid can be used in dietary supplements aimed at promoting overall health and preventing chronic diseases. The ongoing research validating syringic acid’s therapeutic effects offers a unique opportunity for manufacturers to innovate and develop new formulations that leverage its health benefits. By investing in research and development, companies can create targeted products that cater to specific health concerns, tapping into the expanding market for functional foods and supplements.

Moreover, the expanding cosmetic industry offers significant opportunities for syringic acid as an ingredient in skincare formulations. With an increasing focus on natural beauty products, brands are actively seeking effective yet gentle ingredients that provide anti-aging and skin health benefits. Syringic acid’s antioxidant properties make it an ideal candidate for inclusion in premium skincare lines aimed at health-conscious consumers. Additionally, the rise of e-commerce and online retailing provides a platform for companies to reach a broader audience, particularly in emerging markets where demand for natural beauty products is on the rise. By strategically positioning syringic acid in both the pharmaceutical and cosmetic industries, companies can capitalize on these growth opportunities and strengthen their market presence.

Market Restraints:

The global syringic acid market faces several restraining factors that could impede its growth. One significant challenge is the limited awareness and understanding of syringic acid among both manufacturers and consumers. While its health benefits are being increasingly recognized, many potential users remain unaware of its applications and advantages compared to other widely known ingredients. Additionally, the market is characterized by intense competition from alternative natural antioxidants, such as ferulic acid and various vitamins, which may overshadow syringic acid in product formulations. Moreover, regulatory hurdles and the need for extensive clinical research to substantiate health claims can delay product development and market entry.

Market Insights:

The global syringic acid market is bifurcated into purity, end-use, and geography. On the basis of end-use, the pharmaceuticals segment dominated the market in the benchmark year 2023, primarily due to the increasing recognition of syringic acid’s potential health benefits and therapeutic applications. The demand for natural ingredients in dietary supplements and functional foods is on the rise as consumers become more health-conscious and seek preventive healthcare solutions. Syringic acid’s antioxidant and anti-inflammatory properties make it an attractive option for formulating products aimed at managing chronic diseases, such as diabetes, cardiovascular issues, and other inflammatory conditions. This growing awareness is encouraging pharmaceutical companies to invest in research and development to incorporate syringic acid into new and existing products, driving its demand in the sector.

Moreover, the pharmaceutical segment benefits from the stringent regulations that promote the use of natural ingredients in health-related products. As more scientific studies validate the efficacy of syringic acid, regulatory bodies are likely to support its use in supplements and therapeutic products. This can lead to a surge in product formulations that highlight syringic acid as a key ingredient, further solidifying its presence in the pharmaceutical market. Additionally, the rising trend of personalization in healthcare—where consumers seek tailored health solutions—creates opportunities for syringic acid to be integrated into specialized formulations designed to meet specific health needs.

Market Trends for Pharmaceuticals Sub-category:

  • Increasing Focus on Natural Ingredients: There is a growing trend within the pharmaceutical industry towards incorporating natural ingredients in health products. As consumers become more aware of the potential side effects of synthetic compounds, there is a shift towards plant-derived and naturally occurring substances like syringic acid. This trend is driven by the demand for safer, effective, and sustainable health solutions, making syringic acid an attractive option for pharmaceutical formulations.
  • Rising Popularity of Preventive Healthcare: The increasing emphasis on preventive healthcare and wellness has led to a surge in the demand for dietary supplements and functional foods that promote overall health. Syringic acid’s antioxidant and anti-inflammatory properties position it as a valuable ingredient in supplements aimed at disease prevention and health maintenance. This trend is particularly relevant in addressing chronic diseases such as cardiovascular issues and metabolic disorders.

Market Opportunities for Pharmaceuticals Sub-category:

  • Research and Development Investments: The ongoing research validating the health benefits of syringic acid presents significant opportunities for pharmaceutical companies. By investing in R&D, companies can develop innovative products that leverage syringic acid’s therapeutic potential, such as dietary supplements, nutraceuticals, and pharmaceuticals targeting specific health conditions. Collaborations with research institutions can enhance the credibility of these products, further appealing to health-conscious consumers.
  • Personalized Nutrition and Supplements: The trend towards personalized healthcare solutions is creating opportunities for syringic acid to be integrated into customized formulations that cater to individual health needs. As consumers increasingly seek tailored products that address specific health concerns, pharmaceutical companies can create targeted syringic acid-based supplements. This approach can enhance customer loyalty and brand differentiation in a competitive market.

The syringic acid market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

  • 2020-22 – Historical Year
  • 2023 – Base Year
  • 2024-2030 – Forecast Period

Market Segmentation:

By Purity:

  • 98% Purity
  • 99% Purity
  • Purity More Than 99%

By End-Use:

  • Pharmaceuticals
  • Cosmetics
  • Food and Beverages
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, the Asia-Pacific region is the dominant area in the global syringic acid market in the benchmark year 2023, primarily due to the rapid growth of the pharmaceutical and cosmetic industries in countries such as China, India, and Japan. The increasing demand for natural and plant-derived ingredients in these sectors has led to a surge in the utilization of syringic acid, which is known for its antioxidant and anti-inflammatory properties. As consumer preferences shift towards health-conscious and clean-label products, manufacturers in the Asia-Pacific region are increasingly incorporating syringic acid into their formulations. This trend is further amplified by government support for the growth of the herbal and natural product sectors, encouraging research and development initiatives that enhance the use of syringic acid in various applications.

Moreover, the Asia-Pacific region benefits from a vast agricultural base, providing a steady supply of raw materials for the production of syringic acid. The presence of a large population that is becoming increasingly health-conscious and aware of the benefits of natural ingredients contributes to the growing demand for syringic acid in dietary supplements and functional foods. Additionally, the rise of e-commerce platforms facilitates greater accessibility to syringic acid-based products, enabling companies to reach a broader consumer base. With the combination of a robust manufacturing infrastructure, increasing consumer demand, and supportive regulatory environments, the Asia-Pacific region is positioned as the dominant player in the Syringic Acid Market, driving growth and innovation in the industry.

Competitive Landscape:

Some of the prominent market players operating in the global syringic acid market are Shaanxi Pioneer Biotech Co., Ltd., Boc Sciences, Jiangxi Duyuan Chemical Co., Ltd., Hunan Huakang Pharmaceutical Co., Ltd., and Cayman Chemical Company. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Shaanxi Pioneer Biotech Co., Ltd.
  • Boc Sciences
  • Jiangxi Duyuan Chemical Co., Ltd.
  • Hunan Huakang Pharmaceutical Co., Ltd.
  • Cayman Chemical Company
  • Toronto Research Chemicals
  • Alfa Aesar (Thermo Fisher Scientific)
  • Kraton Corporation
  • Nanjing Sinuo Biotech Co., Ltd.
  • Chengdu Biopurify Phytochemicals Ltd.

Key Questions Answered by Syringic Acid Market Report

  • Global syringic acid market forecasts from 2024-2030
  • Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
  • Syringic acid submarket forecasts from 2024-2030 covering the market by type, application, end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level syringic acid markets from 2024-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Contents:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Syringic Acid Market Portraiture
2.2. Global Syringic Acid Market, by Purity, 2023 (USD Mn)
2.3. Global Syringic Acid Market, by End-Use, 2023 (USD Mn)
2.4. Global Syringic Acid Market, by Geography, 2023 (USD Mn)

 

3. Global Syringic Acid Market Analysis


3.1. Syringic Acid Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Market Trends
3.5. Attractive Investment Proposition
3.6. Competitive Analysis
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrants
3.7.4. Threat of Substitutes
3.7.5. Degree of Competition
3.8. PESTLE Analysis

 

4. Global Syringic Acid Market by Purity, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. 98% Purity
4.3. 99% Purity
4.4. Purity More Than 99%

 

5. Global Syringic Acid Market by End-Use, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Pharmaceuticals
5.3. Cosmetics
5.4. Food and Beverages
5.5. Others

 

6. North America Syringic Acid Market Analysis and Forecast, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. North America Syringic Acid Market by Purity, (2020-2030 USD Mn)
6.3. North America Syringic Acid Market by End-Use, (2020-2030 USD Mn)
6.4. North America Syringic Acid Market by Country, (2020-2030 USD Mn)
6.4.1. U.S.
6.4.1.1. U.S. Syringic Acid Market by Purity, (2020-2030 USD Mn)
6.4.1.2. U.S. Syringic Acid Market by End-Use, (2020-2030 USD Mn)
6.4.2. Canada
6.4.2.1. Canada Syringic Acid Market by Purity, (2020-2030 USD Mn)
6.4.2.2. Canada Syringic Acid Market by End-Use, (2020-2030 USD Mn)
6.4.3. Mexico
6.4.3.1. Mexico Syringic Acid Market by Purity, (2020-2030 USD Mn)
6.4.3.2. Mexico Syringic Acid Market by End-Use, (2020-2030 USD Mn)

 

7. Europe Syringic Acid Market Analysis and Forecast, 2020 - 2030 (USD Mn)


7.1. Overview
7.2. Europe Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.3. Europe Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4. Europe Syringic Acid Market by Country, (2020-2030 USD Mn)
7.4.1. Germany
7.4.1.1. Germany Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.1.2. Germany Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4.2. U.K.
7.4.2.1. U.K. Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.2.2. U.K. Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4.3. France
7.4.3.1. France Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.3.2. France Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4.4. Spain
7.4.4.1. Spain Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.4.2. Spain Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4.5. Italy
7.4.5.1. Italy Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.5.2. Italy Syringic Acid Market by End-Use, (2020-2030 USD Mn)
7.4.6. Rest of Europe
7.4.6.1. Rest of Europe Syringic Acid Market by Purity, (2020-2030 USD Mn)
7.4.6.2. Rest of Europe Syringic Acid Market by End-Use, (2020-2030 USD Mn)

 

8. Asia Pacific Syringic Acid Market Analysis and Forecast, 2020 - 2030 (USD Mn)


8.1. Overview
8.2. Asia Pacific Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.3. Asia Pacific Syringic Acid Market by End-Use, (2020-2030 USD Mn)
8.4. Asia Pacific Syringic Acid Market by Country, (2020-2030 USD Mn)
8.4.1. China
8.4.1.1. China Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.4.1.2. China Syringic Acid Market by End-Use, (2020-2030 USD Mn)
8.4.2. Japan
8.4.2.1. Japan Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.4.2.2. Japan Syringic Acid Market by End-Use, (2020-2030 USD Mn)
8.4.3. India
8.4.3.1. India Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.4.3.2. India Syringic Acid Market by End-Use, (2020-2030 USD Mn)
8.4.4. South Korea
8.4.4.1. South Korea Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.4.4.2. South Korea Syringic Acid Market by End-Use, (2020-2030 USD Mn)
8.4.5. Rest of Asia Pacific
8.4.5.1. Rest of Asia Pacific Syringic Acid Market by Purity, (2020-2030 USD Mn)
8.4.5.2. Rest of Asia Pacific Syringic Acid Market by End-Use, (2020-2030 USD Mn)

 

9. Latin America (LATAM) Syringic Acid Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Latin America Syringic Acid Market by Purity, (2020-2030 USD Mn)
9.3. Latin America Syringic Acid Market by End-Use, (2020-2030 USD Mn)
9.4. Latin America Syringic Acid Market by Country, (2020-2030 USD Mn)
9.4.1. Brazil
9.4.1.1. Brazil Syringic Acid Market by Purity, (2020-2030 USD Mn)
9.4.1.2. Brazil Syringic Acid Market by End-Use, (2020-2030 USD Mn)
9.4.2. Argentina
9.4.2.1. Argentina Syringic Acid Market by Purity, (2020-2030 USD Mn)
9.4.2.2. Argentina Syringic Acid Market by End-Use, (2020-2030 USD Mn)
9.4.3. Rest of Latin America
9.4.3.1. Rest of Latin America Syringic Acid Market by Purity, (2020-2030 USD Mn)
9.4.3.2. Rest of Latin America Syringic Acid Market by End-Use, (2020-2030 USD Mn)

 

10. Middle East and Africa Syringic Acid Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. MEA Syringic Acid Market by Purity, (2020-2030 USD Mn)
10.3. MEA Syringic Acid Market by End-Use, (2020-2030 USD Mn)
10.4. Middle East and Africa Syringic Acid Market, by Country, (2020-2030 USD Mn)
10.4.1. GCC
10.4.1.1. GCC Syringic Acid Market by Purity, (2020-2030 USD Mn)
10.4.1.2. GCC Syringic Acid Market by End-Use, (2020-2030 USD Mn)
10.4.2. South Africa
10.4.2.1. South Africa Syringic Acid Market by Purity, (2020-2030 USD Mn)
10.4.2.2. South Africa Syringic Acid Market by End-Use, (2020-2030 USD Mn)
10.4.3. Rest of MEA
10.4.3.1. Rest of MEA Syringic Acid Market by Purity, (2020-2030 USD Mn)
10.4.3.2. Rest of MEA Syringic Acid Market by End-Use, (2020-2030 USD Mn)

 

11. Competitive Landscape


11.1. Company Market Share Analysis, 2023
11.2. Competitive Dashboard
11.3. Competitive Benchmarking
11.4. Geographic Presence Heatmap Analysis
11.5. Company Evolution Matrix
11.5.1. Star
11.5.2. Pervasive
11.5.3. Emerging Leader
11.5.4. Participant
11.6. Strategic Analysis Heatmap Analysis
11.7. Key Developments and Growth Strategies
11.7.1. Mergers and Acquisitions
11.7.2. New Product Launch
11.7.3. Joint Ventures
11.7.4. Others

 

12. Company Profiles


12.1. Shaanxi Pioneer Biotech Co., Ltd.
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Boc Sciences
12.3. Jiangxi Duyuan Chemical Co., Ltd.
12.4. Hunan Huakang Pharmaceutical Co., Ltd.
12.5. Cayman Chemical Company
12.6. Toronto Research Chemicals
12.7. Alfa Aesar (Thermo Fisher Scientific)
12.8. Kraton Corporation
12.9. Nanjing Sinuo Biotech Co., Ltd.
12.10. Chengdu Biopurify Phytochemicals Ltd.
Fill the given form to inquiry before buying for Global Syringic Acid Market Size, Share, Trends, Industry Growth by Purity (98% Purity, 99% Purity, Purity More Than 99%), by End-Use (Pharmaceuticals, Cosmetics, Food and Beverages, Others), by Region and Forecast to 2030 Market Report

(Additional country analysis and conmapny analysis will be added according to the request, we provide free report customization)
(Report covers the impact of COVID-19 on the market)

Request Report Sample
Inquiry Before Buying
Schedule a Call


Select License Type
$ 3600/- Single User License
$ 6995/- Corporate License

Paypal Certified Payment
For Any Assitance

Email: sales@researchcorridor.com
Why To Choose Us:
  • Markets in over 100+ countries analyzed granularly
  • 35% of our total client are returning clients
  • 1000+ customers globally
  • 100+ paid data sources mined to bring cutting-edge insights
  • 24x5 availability - we are always there when you need us
  • "Free of Cost Report Customization" is available
  • Request a regional report at Best Price

Impacts of COVID-19
COVID-19 Impact on the Global Syringic Acid Market Size, Share, Trends, Industry Growth by Purity (98% Purity, 99% Purity, Purity More Than 99%), by End-Use (Pharmaceuticals, Cosmetics, Food and Beverages, Others), by Region and Forecast to 2030 Market


Our Clients