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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Bio vanillin is prepared from natural and renewable raw materials, such as rice, wheat, plants, vegetables, coffee seeds, and tea leaves. It produces less carbon dioxide (CO2) emissions than conventional vanillin synthesized from crude oil. At present, it is widely utilized as a vital ingredient in various food products as it has high antioxidant levels, which provide several health benefits, such as reducing the risk of developing chronic diseases. Nowadays, manufacturers are using biotech processes, such as microbial conversion, plant tissue culture, and fermentation, to retain the nutritional content and natural flavor of vanillin.
Bio vanillin is employed in the food and beverage (F&B) industry as a natural flavoring agent to improve the aroma and shelf-life of various food products. Therefore, the increasing demand for natural ingredients due to the rising consumer awareness about the negative health impact of artificial flavors present in food items represents one of the key factors influencing the market positively. This can also be attributed to the introduction of stringent regulatory policies regarding the clean labeling of food products. Apart from this, bio vanillin is used as a chemical intermediate in the production of medicines and syrups for adults as well as children. This, in confluence with the escalating need for prescribed drugs on account of the growing prevalence of chronic diseases, is augmenting the utilization of bio vanillin in the pharmaceutical industry. Besides this, as bio vanillin is colorless and has a wide pH range, thermal stability, and aromatic properties, it is gaining traction as natural fragrances in the cosmetics and personal care industries. Furthermore, the emerging trend of label-free cosmetics is driving the adoption of bio vanillin as organic preservatives that can be easily blended with other ingredients in different cosmetic and personal care products.
IMARC Group provides an analysis of the key trends in each sub-segment of the global bio vanillin market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source and application.
Breakup by Source:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Symrise AG.
|Base Year of the Analysis||2021|
|Segment Coverage||Source, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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. and Symrise AG.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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