Our latest research report entitled Bio-vanillin Market (by end-user industry (pharmaceuticals, and food & beverage), region (North America, Europe, Asia-Pacific, and rest of the world)) provides complete and deep insights into the market dynamics and growth of Bio-vanillin. The latest information on market risks, industry chain structure Bio-vanillin cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Bio-vanillin growth factors.
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Increased Demand for Natural and Healthy Flavors is the Major Driving Factor for the Growth
Bio- vanillin is the vanillin produced from natural resources of bio-based materials. Bio-vanillin is one of the widely used flavor compounds in the foods, beverages and pharmaceutical industries Vanillin is a phenolic aldehyde, which is an organic compound with the molecular formula C8H8O3 that is extracted from the bean or pod of the tropical orchid vanilla. Synthetic vanillin is produced from lignin-rich wastes and petrochemical raw material guaiacol.
However, less than 1% of the worldwide production of vanillin comes from natural vanilla owing to the high and variable cost of natural vanillin as well as the limited availability of vanilla pods in the market. Bio-vanillin is used as a substitute for natural vanillin and synthetic vanillin as a food flavor. It is produced commercially from microbial bioconversion of freely available ferulic acid derived from enzymatic hydrolysis of rice and wheat bran.
The increased demand for natural and healthy flavors is the major driving factor for the growth of the bio-vanillin market. Bio vanillin is a natural substitute for synthetic vanillin as it contains low calories and various antioxidants and keeps the nutritional value of the food unaltered. It is used in the production of the food and beverage industry without the risk of side effects. Bio-vanillin is used in the pharmaceutical industry as a flavoring ingredient in the processing of various medicines for eliminating odor and foul taste.
Furthermore, the production of bio vanillin through biotechnological processes involves reduced emission of greenhouse gasses and a lesser amount of toxic by-products, as compared to synthetically produced vanillin. Thus, increasing environmental concerns is anticipated to fuel the growth of the global bio vanillin market during the forecast period. However, the low awareness about its health benefits and the prevalence of synthetic vanillin restrains the growth of the bio-vanillin market. Moreover, the shifting trend towards bio-based products is increasing majorly owing to the health benefits and avoidance of chemical usage will propel the growth of the bio-vanillin market.
Europe Remains the Dominant Region in the Bio-Vanillin Market
Among the geographies, Europe remains the dominant region in the bio-vanillin market owing to the increased awareness about the ill effects of consuming artificial flavors and shift to organic ingredients. The Asia Pacific will be the fastest-growing region owing to the rise of food and beverage in this region. The potential demand for natural ingredients in food and beverages has increased owing to the changing preferences of the consumers towards a safe and healthy lifestyle that will drive the growth of the bio-vanillin market in this region during the forecast period.
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Report on Global Bio-Vanillin Market Covers Segments such as End-User Industry
On the basis of the end-user industry, the global bio-vanillin market is categorized into pharmaceuticals, and food & beverage.
The report provides profiles of the companies in the global bio-vanillin market such as Solvay S.A., ENNOLYS, Evolva Holding S.A., Apple Flavor & Fragrance Group Co. Ltd. , Advanced Biotech, Omega Ingredients Ltd, Comax Flavors, Alfrebro, LLC, Axxence Aromatic GmbH, and Camlin Fine Sciences Ltd.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-bio-vanillin-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Bio-vanillin.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.