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Bio Vanillin Market Trends

  • Report ID: GMI679
  • Published Date: Jun 2024
  • Report Format: PDF

Bio Vanillin Market Trends

Bio vanillin industry is witnessing huge demand driven by the introduction of natural flavors by companies across the globe. As consumer preferences shift towards cleaner labels and natural products, food and beverage manufacturers are seeking more sustainable alternatives to artificial flavorings. Bio vanillin obtained from renewable sources by alternative biotechnological methods fits well with this trend.
 

The company’s growing number of natural flavors, including vanillin, underscores the growing demand for clean labels. These product launches span across industries such as confectionery, beverages, and baked goods, catering to consumers’ desire for authentic and environmentally friendly products. Furthermore, the emphasis on sustainability and fair sourcing practices further highlights the appeal of biovanilin to companies and consumers.
 

Citing an instance, in September 2022, Solvay introduced a refined natural vanillin flavor designed for the food and beverage industry. Expanding its Rhovanil® Natural product range, the company introduced three new flavors to meet consumers’ growing appetite for natural and healthy options.

Authors: Kunal Ahuja, Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of bio vanillin reached USD 25 million in 2023 and will witness 7.4% CAGR from 2024 to 2032, led by increasing R&D in the sector.

The food and beverages segment of the bio vanillin industry will register 7.4% CAGR through 2032, owing its demand as a preferred flavoring agent for a variety of foods and beverages.

Europe market size will grow at 8% CAGR from 2024 to 2032, due to the demand for clean labels and traceable derivatives.

Beijing LYS Chemicals Co., Ltd, Evolva, Solvay, Advanced Biotech, Alfrebro, LLC, De Monchy Aromatics, and Aurochemicals among others.

Bio Vanillin Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 214
  • Countries covered: 21
  • Pages: 200
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