Bio Vanillin Market Growth, Size, Share, Trends & Industry Analysis To 2027


Bio Vanillin Market Growth, Size, Share, Trends & Industry Analysis To 2027

The latest research study by IMARC Group, “Bio Vanillin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offer

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The latest research study by IMARC Group, “Bio Vanillin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on global bio vanillin market growth. 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 Industry Outlook:

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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Market Trends:

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.

Bio Vanillin Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 165.37 Million
Market forecast in 2027 US$ 251.96 Million
Growth Rate CAGR of 7.10% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Source, Application and Region
Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Market Segmentation:

The report has been segmented the market into following categories:

Breakup by Source:

  • Rice Bran
  • Wood
  • Others

Breakup by Application:

  • Food and Beverages
  • Pharmaceutical
  • Fragrance
  • Others

Breakup by Geography:

  • 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

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List of Key Companies Covered in this Market Report:

The major players in the market are 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.

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About IMARC Group:

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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