Ferulic Acid Market to Reach USD 153.21 Million by 2035

According to analysts at Vantage Market Research, the Global Ferulic Acid  Market size is worth USD 83.45 Billion in 2024 and is projected to reach USD 153.21 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 7.9% from 2024 to 2035. Key trends of market include growing demand for natural antioxidants, increased use in anti-aging skincare, expanding applications in functional foods, advancements in extraction technology, and a shift toward sustainable sourcing.

Market Overview

The Ferulic Acid market is experiencing steady growth, driven by its increasing applications in cosmetics, pharmaceuticals, and food industries due to its potent antioxidant properties. The growing aging population and rising awareness regarding the age-related skin problems such as dull skin, wrinkles, fine lines and many others led to increase the demand for the products that retain the glowing and youthful appearance. Ferulic acid is one of those ingredients that often used in skincare products because of its antioxidant properties. Ferulic acid fights free radicals and may slow the aging process at the cellular level. Free radicals play an important role in wrinkles, age spots, and other visible signs of aging in skin. It protects an important structure such as collagen and elastin. 

There is also the possibility of an allergic reaction to ferulic acid. This is because of the ingredient such as corn, barley, wheat and bran. If the person has pre-existing allergy to its raw materials, then it may cause itchy rash, hives, redness and skin peeling. This may hamper the market growth. However, the ferulic acid is safe for most skin types and manufacturers ensures the raw materials used in making ferulic acid-based products which may reduce the adverse health effects. 

BASF creates healthy beauty through R&D innovation, leading sustainable lifestyle

• In February 2023, Themed around "Sustainable technology perfects healthy beauty", BASF showcases its innovative personal care solutions at the “2023 Personal Care and Homecare Ingredients” (PCHi). Apart from sunscreen, cleansing and skincare products that mark the defining feature of BASF, new arrivals, Postbiolift® and Phytocine®,- impress visitors at the trade show

Key Takeaways from the Report

• In 2024, Asia Pacific dominated the market with 38.20% market share. Market is driven by abundant raw material availability, growing industrial applications, and increasing consumer awareness of its benefits
• Based on the Types, the Natural ferulic acid category accounted for significant market share of 54.80% in 2024. The segment is driven by increasing consumer preference for organic and plant-derived ingredients
• In 2024, by Purity Level, Medium purity dominated the market share of 44.30%. The segment is driven by increasing demand from industries seeking cost-effective yet effective solutions, as well as rising consumer preferences for natural and functional ingredients
• By Application, Cosmetics and Personal care dominated the largest market share. The segment is driven by rising consumer demand for natural and organic products has further boosted the use of ferulic acid

Top Companies

• Ankang
• Delekang
• Cayman Chemical Company Inc
• CM Fine Chemicals GmbH
• Healthful International
• Oryza Oil & Fat Chemicls Co. Ltd.
• Sisco Research Laboratories
• Zhejiang Delekang Food Co. Ltd.
• Suzhou Leader Chemical Co. Ltd.
• Okayasu Co. Ltd.

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

Latest News

Tsuno Group successfully developed and applied for a patent for a stable formulation with a high dosage of FERULIC ACID, a rare natural plant-derived ingredient having the function of absorbing UV

• In January 2024, Tsuno Group Co., Ltd., headquartered in Katsuragi-cho, Ito-gun, Wakayama, and led by President: Fumi Tsuno and Matsumoto Trading Co., Ltd., headquartered in Chuo-ku, Tokyo, with CEO Shunsuke Matsumoto have successfully developed a new sunscreen formulation with Ferulic Acid. Ferulic Acid is a rare natural plant-derived 　UV absorber that has been difficult in stability and solubility at the high concentrations of ferulic acid