According to the latest report by IMARC Group, title “Bio Vanillin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global bio vanillin market size reached 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 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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Bio Vanillin 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.

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
  • Asia Pacific
  • Europe
  • Latin America
  • 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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