Bio-Vanillin Market Size, Share, Analysis, Trends & Forecast (2019-2025)
By 2025, the global bio-vanillin market size is estimated to reach USD 205.3 million by 2025. Growing food & beverage, pharmaceutical, cosmetics, and fragrance industries are expected to drive the global bio-vanillin market over the projected period. Natural vanilla is considered to be one of the most expensive spices in the world by virtue of methods of cultivation and labor-intensive process. Increasing health concerns and government regulations on the consumption of biobased products are expected to offer lucrative growth prospectus for the global bio-vanillin market size over the coming years.
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