Future Market Insights has announced the addition of the “Vanillin Market:Global Industry Analysis and Opportunity Assessment 2015-2025 ”report to their offering.
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Vanillin is primarily used in the food and beverages industry to enhance the sweetness
of food items such as chocolates, candy, biscuits, ice-creams and cakes. Vanillin is
extracted from an extract of the vanilla bean, and it’s considered to be an organic
compound. Vanillin can be produced naturally or it can be chemically synthesized. The
seed pods of vanilla planifolia is used to extract the natural vanillin. In order to extract
the flavor of vanillin, the natural green seed pods are kept for several months, as the
natural green pods lack the flavor of vanillin. In order to accommodate the high demand
for vanillin in food and beverages industry the chemical synthesis process is used. Apart
from its application in food industry, vanillin is also used in pharmaceutical industry.
There are two types of vanillin, namely ethyl and methyl. Methyl vanillin has mild flavor
of vanilla planifolia. Methyl vanillin is majorly used in vanilla flavored foods. Ethyl vanillin
has stronger vanilla flavor than methyl. It’s an important flavoring agent in the food
industry for the food items such as ice-creams, chocolates and beverages. Apart from
these application, it’s also used as a flavoring agent in toothpaste and various other
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Vanillin Market: Drivers and Challenges
Growth in end-use industries such as food & beverages and pharmaceutical is projected
to fuel the growth in vanillin market during the forecast period. The demand from
emerging economies such as India, China, Thailand, Malaysia, Japan, and Indonesia for
vanillin is fueling the growth of the global vanillin market. The major demand from these
economies is from confectionary and bakery industry.
Government and environmental regulations are posing as a challenge to the chemical
synthesis vanillin market.
Vanillin Market: Overview
The global vanillin market is expected to expand at healthy CAGR of around 7-10% during the
forecast period (2016-2025), due to growth in end-use industries such as food & beverages and
Vanillin Market: Segmentation
The global vanillin market can be segmented on the basis of type of production, type of forms,
end-use industry and by regions.
Based on type of production, the global market is segmented as:
Based on type of forms, the global market is segmented as:
Based on end-use industry, the global market is segmented as:
Food and Beverages
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Vanillin Market: Region-wise Outlook
The global vanillin market is expected to register a double-digit CAGR for the forecast period.
Depending on geographic regions, global vanillin market is segmented into seven key regions:
North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle
East & Africa. As of 2015, emerging region Asia Pacific dominated the global vanillin market in
terms of market revenue. Asia Pacific & Japan are projected to expand at a substantial growth
and will contribute to the global vanillin market value exhibiting a robust CAGR during the
forecast period, 2015?2025.
Vanillin Market: Key Players
Some of the key market players in global vanillin market are Evolva Holding SA, Solvay SA,
Jiaxing Zhonghua Chemical Industry Co., Ltd., and Prinova Group LLC
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