Uploaded on May 4, 2021
Bio Vanillin Market By Segmentations, Key Company Profiles and Demand Forecasts to 2027
Bio Vanillin Market
Bio Vanillin Market By Segmentations, Key Company Profiles and Demand Forecasts to 2027
Market Overview
Vanillin is a white crystalline powder with sweet aroma and flavor of vanilla. It is majorly found in
the vanilla bean’s extract and is used as aromatic component and flavoring agent in the food and
beverages industry. As a flavoring agent, it is used in confectionary, dairy and bakery products and
as a fragrance ingredient, it is most widely used in the cosmetics and perfumes. In addition to its
flavor and fragrance quality, bio vanillin is also used as an intermediate in chemical and
pharmaceutical industries. For instance, in pharmaceutical industry, it has been used in the
production of various drugs such as IL-dopa and IL-methyldopa.
Increasing consumer preference towards natural ingredients in food and beverages and in personal
care products is a major factor driving growth of the market. Bio vanillin is natural substitute to
synthetic vanillin as it contains low calories and various antioxidants. Rising awareness, regarding
these factors, is propelling demand for bio vanillin over synthetic vanillin, thereby aiding in growth
of the market.
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Market Dynamics
In terms of revenue, Europe dominated the global market for bio vanillin in 2017. Rising awareness
regarding adverse effects of consuming artificial flavoring ingredients such as carvacrol, is fuelling
demand for natural flavoring agents in food and beverages, thus, supporting growth of bio vanillin
market. Carvacrol is an artificial flavoring ingredient and is associated with circulatory and
respiratory depression coupled with cardiac failure. According to the United States Food and Drug
Administration (USFDA), artificial flavors and artificial food colors (AFC), have potential to
increase learning disabilities and behavior disorders. Moreover, key players are focusing on
promoting use of natural extracts and flavors for the production of healthy food and drink products
by showcasing their products through various international trade shows such as Ingredients Russia.
This in turn is expected to boost the bio vanillin market growth. Ingredients Russia is a leading
trade exhibition on food additives. The trade exhibition takes place annually in Moscow, which
reflects the development trends in food and beverages industry and promotes innovative high-tech
products in domestic and international market.
Bio Vanillin Market Taxonomy
Based on the end-use Industry, bio vanillin market is segmented into:
•Food and beverages
•Pharmaceuticals
•Chemicals
•Fragrances
•Personal care
•Detergents
•Others
Major players operating in the bio vanillin market include Solvay S.A., Apple Flavors & Fragrances
Group Co. Ltd., International Flavors & Fragrances Inc., Evolva Holding S.A., Omega Ingredients
Ltd., Givaudan S.A., Camlin Fine Sciences Ltd., Comax Manufacturing Corporation, Watkins
Incorporated, and Borregaard LignoTech AB.
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