Vanillin Market - Global Industry Insights, Trends, Outlook, and Opportunity AnaPosted by suraj on November 28th, 2017 Vanillin (4-Hydroxy-2-mythoxy benzaldehyde) is an organic compound that belongs to phenol aldehyde group. Vanilla beans is the largest concentrated natural source of vanillin available followed by Leptates bicolor, Chinese red pines, lychee fruit, and raspberry. Vanillin is produced through three ways i.e. natural, biosynthesis, and chemical synthesis. Natural and chemical synthesis always dominate the global market for vanillin owing to the facts that biosynthesis production method is not well defined and also they possess restricted commercial applications. Vanillin is extensively used in food industry as a flavoring agent for chocolates, ice-creams, candy, biscuits, and cakes. Ethyl vanillin and methyl vanillin are the two types of vanillin. Ethyl vanillin is a stronger flavoring agent as well as is expensive than methyl vanillin. Apart from food industry, vanillin successfully stands for intermediate applications in pharmaceutical and fine chemical industries. Request sample copy of report@ https://www.coherentmarketinsights.com/insight/request-sample/706 Use of vanillin as a food additive is approved by authorities worldwide and FDA has granted GRAS status to its use. This is in accordance to the fact that the use of vanillin in consumer products has not reported any confirmed adverse effects over the past few years. An Acceptable Daily Intake (ADI) of 10 mg/kg has been agreed between the FAO/WHO and EU. Excessive intake of vanillin may cause migraine headache and allergic reactions in some cases. Lack of evidences to restrict vanillin consumption as a consumable food additive attracts manufacturers to invest more in global vanillin market. Rising urbanization, high disposal incomes along with improved standard of living, and continuous research to increase techno-commercial benefits are projected to be the key drivers for global vanillin market during the forecast period (2017-2025). Global Vanillin Market Taxonomy
Natural production segment contributes major shares in terms of volume and value due to bulk availability of natural raw materials and higher product yield than chemical segment. Natural vanillin production is expected to continue its dominance over chemical production during the forecast period (2017-2025). Ethyl vanillin segment is the leading segment in terms of volume followed by methyl vanillin segment. As ethyl vanillin is a stronger agent than methyl vanillin, it is expected that the trend will continue during forecast period (2017-2025). Food segment holds highest shares in terms of volume and value followed by pharmaceutical segment due to increased urbanization, rising consumer food demand coupled with health awareness. Pharmaceutical segment is expected to grow significantly during forecast period (2017-2025). Global Vanillin Market Outlook Asia Pacific dominated global vanillin market in terms of revenue in 2016 and is expected to continue its dominance throughout the forecast period. Europe is the second largest region to contribute in global vanillin market growth followed by North America. Owing to the presence of a large number of food and pharmaceuticals units, significant growth is expected in Europe during the forecast period. Latin America and Middle East are also expected to witness robust growth in the global vanillin market. To know the latest trends and insights prevalent in the personal care products market, click the link below https://www.coherentmarketinsights.com/ongoing-insight/vanillin-market-706 Key Players in Global Vanillin Market Some of the key players in the global vanillin market are Evolva Holding SA, Solvay SA, Borregaard, Jiaxing Zhonghua Chemical Industry Co., Ltd., Virginia Dare, Shanghai Xinjia, Watkins Natural Gourmet, Zibo Svolei, Liaoning Shixing, Synnova Chemicals, and Prinova Group LLC. In 2013, International Flavors & Fragrances partnered with Evolva Holding for the production of biotechnology-based vanillin. In 2016, Evolva Holding increased its production capacity that helped them to establish a strong global business presence. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Website: http://www.coherentnews.com Like it? Share it! More by this author |