Nov 7, 2017   SOURCE: BusinessWire

Global Vanillin Market - Growth, Trends and Forecasts (2017-2022) - Research and Markets

The "Global Vanillin Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The global vanillin market is expected to grow at a CAGR of 8% during the forecast period.

Vanillin is used in food & beverages, to enhance sweetness in food products such as chocolates, biscuits, candy, ice-creams and cakes. The growing demand for these food products, across the globe, is expected to boost the demand for vanillin. Further, the developing interest for vanillin in the bakery & confectionery industry and the extensive use as a flavoring agent are some of the factors projected to fuel the market growth.

Vanillin can either be produced naturally or chemically synthesized. The synthetic vanillin market covers over 97% of the overall demand. The global synthetic vanillin market size was over USD 26,780 thousand in 2015. The natural vanillin, derived from orchid pods, represented less than 1% of the overall industry size and was over 60 tons, in 2015. The rising consciousness about health and regulatory norms, among consumers, to discourage synthetic products are anticipated to accelerate the bio vanillin market growth. However, the stringent government laws and environmental concerns, regarding the production of vanillin, through chemical methods, may hamper market growth.

Companies Mentioned:

  • Evolva Holding S.A.
  • Solvay S.A.
  • Jiaxing Zhonghua Chemical Industry Co., Ltd.
  • Prinova Group LLC
  • Ennloys
  • Apple Flavor & Fragrance Group Co., Ltd.
  • Borregaard
  • Watkins Natural Gourmet
  • Virginia Dare
  • Shanghai Xinjia
  • Zibo Svolei Fragrance Co., Ltd.
  • Others

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. List of Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/pdr27x/global_vanillin