Press release
Bio Vanillin Market Analysis by Leading Players - Solvay, Ennloys, Evolva, and Apple Flavor & Fragrance Group
Bio Vanillin Market
Food & beverages dominated the application landscape, worth over USD 8 million in 2015. Appeal of new flavors in the industry and strong demand for confectionery and bakery products along with persistent development are key stimulating factors.
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The product is at its initial development stage, while industry participants claim a ‘natural’ product, there is some ambiguity regarding this classifications, as a few groups have claimed these products are artificial owing to its production from genetic engineering. Naturally derived vanillin from the pod remains in demand, however, a very high price and limited cultivation is unable to meet global demand.
Biotechnology is also an important route in terms of addressing food waste and natural feedstock issues, permitting low value compound conversions to products of significant commercial interest. However, commercial success of the product will hinge on competitive bio vanillin market price trend.
Synthetic biology vanillin process is likely to lead the biomass removal required for good agricultural soil. Synthetic organisms may also harm the ecology on their escape either intentionally or unintentionally into the environment from a lab which is likely to be a threat for industry growth of bio vanillin market.
Browse key industry insights spread across 340 pages with 468 market data tables & 14 figures & charts from the report Bio Vanillin Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/bio-vanillin-market
APAC fragrance application may witness significant gains and surpass USD 1 million by 2023. Rising consumer interest in fragrances, personal grooming, changing lifestyle trends, increasing demand for premium fragrances, and development in per-capita are key trending factors to fuel regional demand.
Global natural vanillin market is forecast to be worth over USD 140 million by 2023. End-use industry manufacturers are ready to pay premium prices for the natural ingredients owing to rising consumer preference for healthy products.
North America bio vanillin market led the regional industry demand and was valued at over USD 3 million in 2015. Brewery industry expansion accompanied by positioning as a premium product ingredient in food & beverages and fragrances are key driving factors.
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France bio vanillin market size is projected to grow at over 12.9% CAGR up to 2023.
Vanillin downstream derivatives such as vanillyl alcohol, vanillic acid, and methoxyhydroquinone can serve as platform chemicals for 22 polymer compounds which can be used for the synthesis for polyesters, non-isocyanate polyurethanes (NIPU) and epoxy resins.
Global bio vanillin market share is nascent and at development phase. Solvay, Ennloys, Evolva, and Apple Flavor & Fragrance Group are major industry players.
Data Tables
TABLE 1 Bio vanillin industry 360o synopsis, 2012 - 2023
TABLE 2 Global bio vanillin market estimates, 2012 - 2015, (Tons) (USD Thousand)
TABLE 3 Global bio vanillin market estimates and forecast, 2016 - 2023, (Tons) (USD Thousand)
TABLE 4 Global bio vanillin by region, 2012 - 2015, (Tons)
TABLE 5 Global bio vanillin volume estimates and forecast by region, 2016 - 2023, (Tons)
TABLE 6 Global bio vanillin revenue estimates by region, 2012 - 2015, (USD Thousand)
TABLE 7 Global bio vanillin revenue estimates and forecast by region, 2016 - 2023, (USD Thousand)
TABLE 8 Global bio vanillin volume estimates by application, 2012 - 2015, (Tons)
TABLE 9 Global bio vanillin volume estimates and forecast by application, 2016 - 2023, (Tons)
TABLE 10 Global bio vanillin revenue estimates by application, 2012 - 2015, (USD Thousand)
TABLE 11 Global bio vanillin revenue estimates and forecast by application, 2016 - 2023, (USD Thousand)
TABLE 12 Bio vanillin distribution channel analysis
TABLE 13 Bio vanillin vendor landscape
TABLE 14 Natural occurrence of vanillin in plants
TABLE 15 Micro-organisms for different substrates
TABLE 16 Bio vanillin growth drivers
TABLE 17 Bio vanillin industry pitfalls& challenges
TABLE 18 Bio vanillin addressable market estimates, 2012 – 2015, (Kio Tons) (USD million)
TABLE 19 Bio vanillin addressable market estimates & forecast, 2016 – 2023, (Kilo Tons) (USD million)
TABLE 20 Bio vanillin addressable market estimates, 2012 – 2015, (Kio Tons) (USD million)
TABLE 21 Bio vanillin addressable market estimates & forecast, 2016 – 2023, (Kilo Tons) (USD million)
TABLE 22 Strategic landscape
TABLE 23 Global synthetic vanillin market estimates, 2012 - 2015, (Tons) (USD Million)
TABLE 24 Global synthetic vanillin market estimates and forecast, 2016 - 2023, (Tons) (USD Million)
TABLE 25 Global synthetic vanillin by region, 2012 - 2015, (Tons)
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