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Natural Vanillin Market Size to Grow USD 641.8 million by 2028 with a CAGR of 9.4% | Valuates Reports
Natural vanilla extract is a mixture of several hundred different compounds in addition to vanillin. Vanillin is the main aroma constituent that contributes to the vanilla flavor. It occurs naturally in the vanilla pods.
Due to the COVID-19 pandemic, the global Natural Vanillin market size is estimated to be worth US$ 374.4 million in 2022 and is forecast to a readjusted size of US$ 641.8 million by 2028 with a CAGR of 9.4% during the review period.
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Natural vanillins are mainly consumed in Europe, North America and Asia-Pacific. In 2019, North America is the largest consumption region, with a consumption amount of 296.6 MT. While Europe and Asia-Pacific separately consumed about 262.1 MT and 80.7 MT, with the consumption share of 39.41% and 12.13%. Although the industry is not highly concentrated, the competition in the natural vanillin industry is intense. Vendors should recognize the importance of emerging markets and potential applications, particularly in developing country market, and are working towards penetrating this market by strengthening their sales and distribution networks.
In terms of production side, this report researches the Natural Vanillin capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Natural Vanillin by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Natural Vanillin market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Natural Vanillin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
By Type
• Vanilla Bean Extract
• Eugenol Synthesis
• Ferulic Acid Synthesis
• Others
By Application
• Chocolate and Candy
• Beverages
• Medicine
• Others
By Companies
• Givaudan SA
• Firmenich
• Symrise
• Kunshan Asia Aroma Corp
• Mane SA
• Solvay
• Synergy Flavors
• Shank's Extracts
• Nielsen-Massey Vanilla
• Lesaffre
• Fujian Zhiyuan Biochemical
• Apple Flavor and Fragrance
• IFF
• Xiamen Caogenlan Industry
• Aurochemicals
• Xiamen Oamic Biotech
• Advanced Biotech
• De Monchy Aromatics
• Axxence Aromatic GmbH
• Comax Flavors
• Moellhausen S.p.A
• Berje
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-26D8859/global-natural-vanillin
Similar Reports:
1. Food Grade Vanillin Market: https://reports.valuates.com/market-reports/QYRE-Auto-3Y11130/global-food-grade-vanillin
2. Bio Vanillin Market: https://reports.valuates.com/market-reports/QYRE-Auto-8W8884/china-bio-vanillin
3. Ethyl Vanillin Market: https://reports.valuates.com/market-reports/QYRE-Auto-16B8750/china-ethyl-vanillin
4. Plant Extract Vanillin Market: https://reports.valuates.com/market-reports/QYRE-Auto-26M9670/global-plant-extract-vanillin
5. Vanillin Based on Ferulic Acid Synthesis Market: https://reports.valuates.com/market-reports/QYRE-Auto-33O9602/global-vanillin-based-on-ferulic-acid-synthesis
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