IMARC Group’s latest research report, titled “Bio Vanillin Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global bio vanillin market reached a value of US$ 165.37 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 251.96 Million by 2027, exhibiting a CAGR of 7.10% during 2022-2027.
Bio vanillin is prepared from natural and renewable raw materials, such as wheat, rice, plants, vegetables, coffee seeds, tea leaves, etc. It produces lesser CO2 emissions than conventional vanillin synthesized from crude oil. In addition to this, bio vanillin has high antioxidant levels, which assist in providing various health benefits, including minimizing the risk of developing chronic diseases. It is also colorless and has a wide pH range, thermal stability, aromatic properties, etc. Consequently, bio vanillin is gaining extensive traction as a natural fragrance in the personal care industry.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by source, application and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Bio Vanillin Market
- Strategies of major players and product offerings
The growing utilization of natural ingredients, owing to the increasing consumer awareness towards the negative health impact of artificial flavors present in food items, is primarily driving the bio vanillin market. Additionally, the widespread product adoption as a chemical intermediate in the manufacturing of medicines and syrups for adults and children is further catalyzing the market growth. Besides this, the inflating need for prescribed drugs, on account of the rising prevalence of chronic diseases, is acting as another significant growth-inducing factor. Moreover, the emerging trend of label-free cosmetics is propelling the demand for bio vanillin as organic preservatives that can be blended with other ingredients easily. Apart from this, the leading manufacturers are using biotech processes, such as plant tissue culture, fermentation, microbial conversion, etc., to retain the nutritional content and natural flavor of the product, which is anticipated to fuel the bio vanillin market over the forecasted period.
Key Players Included in Global Research Report:
- Advanced Biotech
- Apple Flavor & Fragrance Group Co. Ltd
- Archer-Daniels-Midland Company
- BASF SE
- Borregaard AS
- Camlin Fine Sciences Ltd.
- Evolva Holding SA
- Liaoning Shixing Pharmaceutical & Chemical Co. Ltd.
- Oamic Biotech Co. Ltd.
- Prinova Group LLC (Nagase America LLC)
- Solvay S.A.
- Sulzer Ltd.
- Symrise AG.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Source:
- Rice Bran
Breakup by Application:
- Food and Beverages
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Bio Vanillin Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Bio Vanillin Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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