Jan 31, 2018   SOURCE: BusinessWire

Global Vanillin Market 2018-2022: Key Vendors are Apple Flavor & Fragrance Group, Advanced Biotech, Evolva, Jiaxing Zhonghua Chemical & Solvay - ResearchAndMarkets.com

The "Global Vanillin Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global vanillin market to grow at a CAGR of 7.66% during the period 2018-2022.

Global Vanillin Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is a greener method of production using a catalyst. The demand for the extraction of natural vanillin has sparked demand for greener ways of vanillin production, with vanilla as the primary compound. However, the growing demand for "natural" foods is tough to fulfill due to low availability of vanillin since less than 1% of vanillin is derived from vanilla orchid (original natural source). 99% of the production of vanillin is done through the synthesis of guaiacol (petroleum-derived precursor) and tree lignin among other substances.

According to the report, one driver in the market is increased consumption of synthetic vanillin. The global vanillin market is expected to witness considerable growth rate due to the limited supply of natural vanilla worldwide. Topical farmers involved in vanilla plantations are being daunted by constant price fluctuations. This is majorly due to huge supply and demand gap associated with vanilla. Further, vanilla is considered as one of the smallest among the luxury crops (tropical).

Key vendors

  • Apple Flavor & Fragrance Group
  • Advanced Biotech
  • Evolva
  • Jiaxing Zhonghua Chemical
  • Solvay

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Research Methodology

04: Market Landscape

05: Market Sizing

06: Five Forces Analysis

07: Market Segmentation By Application

08: Customer Landscape

09: Decision Framework

10: Drivers And Challenges

11: Market Trends

12: Vendor Landscape

13: Vendor Analysis

14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2c364j/global_vanillin?w=4