Bio Vanillin Market

Bio Vanillin Market (Application - Food, Beverages, Pharmaceuticals, and Fragrances) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global Bio Vanillin Market: Snapshot 

Bio vanillin is the chief component extracted from vanilla beans which is widely used as a flavoring agent in food, beverages and pharmaceuticals. Bio vanillin is preferred over synthetic vanillin as it is a healthier and safer substitute compared to synthetic vanillin. Bio vanillin has been used as a premium ingredient in medicines, personal care products and perfumes and it is expected to drive the market over the forecast period.

Food regulatory authorities in the U.S. and Europe have contributed to the growth of bio vanillin market owing to the stringent rules and regulations for bio based products. Bio vanillin offers an amusing fragrance and causes minimal or no damage to human health. Wide acceptance of bio vanillin owing to its natural label over synthetic vanillin products has been the key driver of growth for the bio vanillin market. 

Rise in the number of food and beverage industry has fuelled the demand for bio vanillin over the forecast period. Natural or bio vanillin accounts for 2 to 3% of the global vanillin market and it is way more costly than synthetic vanillin. Chemical industries are expanding rapidly in order to substitute synthetic materials with renewable ones. Biotechnological methods are practiced for deriving bio vanillin as it causes minimal threat to the environment and causes no toxic wastes. 

High price of bio vanillin coupled with the supply deficit is expected to restrict the market over the years to come. However, the bio vanillin market is on the rise and in its growing stage, and is expected to create potential opportunities for the years to come. It is expected to reach US$14.34 mn by the end of 2025 from US$7.60 mn in 2016. If these figures hold true, the global bio vanillin market will exhibit a CAGR of 7.4% between 2017 and 2025. 

Global Bio Vanillin Market


Food Emerges as Leading Application Segment 

The global bio vanillin market is classified in terms of application and geography. By application, the bio vanillin market has been segregated into food, beverages, pharmaceuticals, and fragrances. Food occupied for the most dominant segment constituting nearly 50.82% of the market in 2016 and it is expected to retain its position over the forecast period. Bio vanillin has majority of its application in food and beverage industry and so this application segment occupies for a dominant share of the overall bio vanillin market over the forecast period. 

Natural labeling of foods by the foods authorities of various regions has propelled the demand for bio vanillin in the food industry. Food application segment has been further sub-segmented into ice-cream, baked goods, chocolates and other types of food such as mayonnaise, cheese, sauces and spreads, among others. Baked goods segment accounted for a considerable market share over the forecast period owing to the wide usage of bio vanillin in breads, cakes and cookies among others. 

Europe to Remain Dominant Regional Segment based on Revenue 

Regionally, the global bio vanillin market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In terms of revenue, Europe held the dominant share of 33.14% in the global market in 2016 and it is likely to retain its dominance over the forecast period. Regulatory guidelines for natural product have been crucial driving factors of growth for the bio vanillin market in this region. Wide popularity of bio vanillin as a premium ingredient in the food and pharmaceuticals industry also stoked sales in the Europe bio vanillin market. 

However, Asia-Pacific is the most attractive market for bio vanillin as it has tremendous growth potential over the years to come. Expansion of the food and beverages industry is one of the key driving factors for the growth of the bio vanillin market in Asia Pacific. The rising demand from emerging economies such as China, India and Indonesia, among others will boost the bio vanillin market over the forecast period. Asia-Pacific is likely to remain the major region in terms of volume over the forecast period. Besides this, North America has proven a lucrative market for the bio vanillin market owing to the health consciousness among consumers, coupled with the rise in the consumer preference for natural products. 

The key players in the bio vanillin market are Solvay SA, Givaudan SA, Firmenich SA, Apple Flavor & Fragrance Group Co., Ltd., Advanced Biotech, Evolva Holding SA, Lesaffre, Archer Daniels Midland Company, Aurochemicals and Borregaard.

Growing Consumer Awareness about Health and Wellness to Drive Bio Vanillin Market

Bio vanillin is a natural flavoring agent that is widely utilized in fruit, pharmaceutical, flavoring, and fragrance products. In the coming years, dynamics in the global bio vanillin market is likely to be driven by a strong demand from pharmaceutical applications around the world. Increased consumer awareness about health and regulatory norms to discourage the use of synthetic products are expected to boost growth of the global bio vanillin market. The potentiality of the food and beverage industry, combined with the demand for green goods, is two major factors likely to trigger demand for the product in the near future.

The global bio vanillin market is in its early stages of development; producers say that their products are natural and safe, and some products have been licensed. However, since these goods are made utilizing genetic engineering, a few environmental organizations have argued that they are synthetic. It is important for industry producers to maintain their status as natural producers in the eyes of consumers. The cost of bio vanillin is more than the cost of synthetic vanillin. To keep up with the market price trend for synthetic vanillin, producers must maximize production capacity and continue to upgrade technology.

High Demand for Biotechnologically Derived Flavoring Agents to Spell Growth for the Market

Over the next few years, rising demand for biotechnologically derived flavoring agents over the ones extracted from non-renewable sources is estimated to bolster demand in the bio vanillin market. Bio vanillin is made from ferulic acid, which can be found in grains like rice and wheat bran, and also in tea leaves. As a result, this product comes with the promise to become a primary synthetic vanillin replacement in the near future. The expansion of key end-users, mainly in the food and beverage and pharmaceutical industries, is also seen as a key driver of the global bio vanillin market.

Bio vanillin improves the scent, shelf life, flavor, and the taste of a variety of food and beverage items whilst preserving their nutritional value. As a result, it is well suited for food and beverage processing, particularly in the production of dairy items.  Increasing customer preferences for nutritionally complete and bio-based food items, particularly in developed countries such as the US, is anticipated to push bio vanillin demand over the projection period.

The market has been segmented as follows:

By Geography

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America

By Application

  • Food
    • Ice-Cream
    • Baked goods
    • Chocolates
    • Others
  • Beverages
  • Pharmaceuticals
  • Fragrances

    Chapter 1 Preface
    1.1 Research Scope
    1.2 Market Segmentation
    1.3 Research Objectives
    1.4 Key Questions Answered

    Chapter 2 Assumptions and Research Methodology
    2.1 Report Assumptions
    2.2 Acronyms Used
    2.3 Research Methodology

    Chapter 3 Executive Summary
    3.1 Bio Vanillin Market Snapshot
    3.2 Market Opportunity Map

    Chapter 4 Market Dynamics
    4.1 Overview
    4.2 Key Trends Analysis
    4.3 Drivers and Restraints Snapshot Analysis
    4.4 Drivers
    4.5 Restraints
    4.6 Opportunity
    4.7 Price Trend Analysis, 2016-2025
    4.8 Regulatory Framework

    Chapter 5 Bio Vanillin Market Analysis, By Application
    5.1 Key Trends
    5.2 Introduction
    5.4 Global Bio Vanillin Market Revenue Share Analysis, By Application
    5.3 Global Bio Vanillin Market Volume Share Analysis, By Application
    5.5 Global Bio Vanillin Market Analysis, By Application
          5.5.1 Food
          5.5.2 Beverages
          5.5.3 Pharmaceuticals
          5.5.4 Fragrances
    5.6 Market Attractiveness
    5.7 Global Bio Vanillin Market Analysis, By Food
          5.7.1 Ice Cream
          5.7.2 Baked Goods
          5.7.3 Chocolates
          5.7.4 Others
    5.8 Market Attractiveness

    Chapter 6 Global Bio Vanillin Market Analysis, By Region
    6.1 Global Regulatory Scenario 
    6.2 Introduction
    6.3 Global Bio Vanillin Market Revenue Share Analysis, By Region
    6.4 Global Bio Vanillin Market Volume Share Analysis, By Region
    6.5 Global Bio Vanillin Market Revenue and Volume Forecast, By Region

    Chapter 7 North America Bio Vanillin Market Analysis, By Region
    7.1 North America Bio Vanillin Market Overview
    7.2 North America Bio Vanillin Market Revenue Share Analysis, By Application
    7.3 North America Bio Vanillin Market Volume Share Analysis, By Application
    7.4 North America Bio Vanillin Market Revenue and Volume Forecast, By Application
    7.5 North America Bio Vanillin Market Revenue Share Analysis, By Food
    7.6 North America Bio Vanillin Volume Share Market Analysis, By Food
    7.7 North America Bio Vanillin Market Revenue and Volume, by Food
    7.8 North America Bio Vanillin Market Attractiveness Analysis, by Market Segmentation
    7.9 North America Bio Vanillin Market Revenue Share Analysis, by Country
    7.10 North America Bio Vanillin Market Volume Share Analysis, by Country
    7.11 North America Bio Vanillin Market Revenue and Volume Forecast, by Country

    Chapter 8 Europe Bio Vanillin Market Analysis, By Region
    8.1 Europe Bio Vanillin Market Overview
    8.2 Europe Bio Vanillin Market Revenue Share Analysis, By Application
    8.3 Europe Bio Vanillin Market Volume Share Analysis, By Application
    8.4 Europe Bio Vanillin Market Revenue and Volume Forecast, By Application
    8.5 Europe Bio Vanillin Market Revenue Share Analysis, By Food
    8.6 Europe Bio Vanillin Volume Share Market Analysis, By Food
    8.7 Europe Bio Vanillin Market Revenue and Volume, by Food
    8.8 Europe Bio Vanillin Market Attractiveness Analysis, by Market Segmentation
    8.9 Europe Bio Vanillin Market Revenue Share Analysis, by Country
    8.10 Europe Bio Vanillin Market Volume Share Analysis, by Country
    8.11 Europe Bio Vanillin Market Revenue and Volume Forecast, by Country

    Chapter 9 Asia-Pacific Bio Vanillin Market Analysis, By Region
    9.1 Asia-Pacific Bio Vanillin Market Overview
    9.2 Asia-Pacific Bio Vanillin Market Revenue Share Analysis, By Application
    9.3 Asia-Pacific Bio Vanillin Market Volume Share Analysis, By Application
    9.4 Asia-Pacific Bio Vanillin Market Revenue and Volume Forecast, By Application
    9.5 Asia-Pacific Bio Vanillin Market Revenue Share Analysis, By Food
    9.6 Asia-Pacific Bio Vanillin Volume Share Market Analysis, By Food
    9.7 Asia-Pacific Bio Vanillin Market Revenue and Volume, by Food
    9.8 Asia-Pacific Bio Vanillin Market Attractiveness Analysis, by Market Segmentation
    9.9 Asia-Pacific Bio Vanillin Market Revenue Share Analysis, by Country
    9.10 Asia-Pacific Bio Vanillin Market Volume Share Analysis, by Country
    9.11 Asia-Pacific Bio Vanillin Market Revenue and Volume Forecast, by Country

    Chapter 10 Middle East & Africa Bio Vanillin Market Analysis, By Region
    10.1 Middle East & Africa Bio Vanillin Market Overview
    10.2 Middle East & Africa Bio Vanillin Market Revenue Share Analysis, By Application
    10.3 Middle East & Africa Bio Vanillin Market Volume Share Analysis, By Application
    10.4 Middle East & Africa Bio Vanillin Market Revenue and Volume Forecast, By Application
    10.5 Middle East & Africa Bio Vanillin Market Revenue Share Analysis, By Food
    10.6 Middle East & Africa Bio Vanillin Volume Share Market Analysis, By Food
    10.7 Middle East & Africa Bio Vanillin Market Revenue and Volume, by Food
    10.8 Middle East & Africa Bio Vanillin Market Attractiveness Analysis, by Market Segmentation
    10.9 Middle East & Africa Bio Vanillin Market Revenue Share Analysis, by Country
    10.10 Middle East & Africa Bio Vanillin Market Volume Share Analysis, by Country
    10.11 Middle East & Africa Bio Vanillin Market Revenue and Volume Forecast, by Country

    Chapter 11 Latin America Bio Vanillin Market Analysis, By Region
    11.1 Latin America Bio Vanillin Market Overview
    11.2 Latin America Bio Vanillin Market Revenue Share Analysis, By Application
    11.3 Latin America Bio Vanillin Market Volume Share Analysis, By Application
    11.4 Latin America Bio Vanillin Market Revenue and Volume Forecast, By Application
    11.5 Latin America Bio Vanillin Market Revenue Share Analysis, By Food
    11.6 Latin America Bio Vanillin Volume Share Market Analysis, By Food
    11.7 Latin America Bio Vanillin Market Revenue and Volume, by Food
    11.8 Latin America Bio Vanillin Market Attractiveness Analysis, by Market Segmentation
    11.9 Latin America Bio Vanillin Market Revenue Share Analysis, by Country
    11.10 Latin America Bio Vanillin Market Volume Share Analysis, by Country
    11.11 Latin America Bio Vanillin Market Revenue and Volume Forecast, by Country

    Chapter 12 Company Profiles
    12.1 Solvay SA
          12.1.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.1.2 Market Presence, By Segment and Geography
          12.1.3 Strategic Overview
          12.1.4  SWOT analysis
          12.1.5 Historical Revenue
    12.2 Givaudan SA 
          12.2.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.2.2 Market Presence, By Segment and Geography
          12.2.3 Strategic Overview
          12.2.4  SWOT analysis
          12.2.5 Historical Revenue
    12.3 Firmenich SA 
          12.3.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.3.2 Market Presence, By Segment and Geography
          12.3.3 Strategic Overview
          12.3.4  SWOT analysis
          12.3.5 Historical Revenue
    12.4 Apple Flavor & Fragrance Group Co., Ltd. 
          12.4.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.4.2 Market Presence, By Segment and Geography
          12.4.3 Strategic Overview
          12.4.4  SWOT analysis
          12.4.5 Historical Revenue
    12.5 Advanced Biotech 
          12.5.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.5.2 Market Presence, By Segment and Geography
          12.5.3 Strategic Overview
          12.5.4 SWOT analysis
          12.5.5 Historical Revenue
    12.6 Evolva Holding SA 
          12.6.1  Company Details (HQ, Foundation Year, Employee Strength)
          12.6.2 Market Presence, By Segment and Geography
          12.6.3 Strategic Overview
          12.6.4 SWOT analysis
          12.6.5 Historical Revenue
    12.7 Lesaffre
          12.7.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.7.2 Market Presence, By Segment and Geography
          12.7.3 Strategic Overview
          12.7.4 SWOT analysis
          12.7.5 Historical Revenue
    12.8 Archer Daniels Midland Company 
          12.8.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.8.2 Market Presence, By Segment and Geography
          12.8.3 Strategic Overview
          12.8.4 SWOT analysis
          12.8.5 Historical Revenue
    12.9 Aurochemicals
          12.9.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.9.2 Market Presence, By Segment and Geography
          12.9.3 Strategic Overview
          12.9.4 SWOT analysis
          12.9.5 Historical Revenue
    12.10 ITC Limited 
          12.10.1 Company Details (HQ, Foundation Year, Employee Strength)
          12.10.2 Market Presence, By Segment and Geography
          12.10.3 Strategic Overview
          12.10.4 SWOT analysis
          12.10.5 Historical Revenue

    List of Tables

    1 Price Trend Analysis (US$/Kg)
    2 Global Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Region
    3 North America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Application
    4 North America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Food
    5 North America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Country
    6 Europe Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Application
    7 Europe Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Food
    8 Europe Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Country
    9 Asia-Pacific Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Application
    10 Asia-Pacific Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Food
    11 Asia-Pacific Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Country
    12 Middle East & Africa Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Application
    13 Middle East & Africa Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Food
    14 Middle East & Africa Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Country
    15 Latin America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Application
    16 Latin America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Food
    17 Latin America Bio Vanillin Market Revenue (US$ Mn) and Volume (Tons) Forecast, by Country

    List of Figures

    1 Research Methodology
    2 Market Snapshot (US$ Mn)
    3 Global Bio Vanillin Market Revenue Share Analysis, By Application
    4 Global Bio Vanillin Market Volume Share Analysis, By Application
    5 Global Bio Vanillin Market Analysis by Application, Revenue (US$) and Volume (Tons), By Food
    6 Global Bio Vanillin Market Analysis by Application, Revenue (US$) and Volume (Tons), By Beverages
    7 Global Bio Vanillin Market Analysis by Application, Revenue (US$) and Volume (Tons), By Pharmaceuticals
    8 Global Bio Vanillin Market Analysis by Application, Revenue (US$) and Volume (Tons), By Fragrances
    9 Global Bio Vanillin Market Attractive Analysis, By Application, 2016
    10 Global Bio Vanillin Market Analysis by Food, Revenue (US$) and Volume (Tons), By Ice Cream
    11 Global Bio Vanillin Market Analysis by Food, Revenue (US$) and Volume (Tons), By Baked Goods
    12 Global Bio Vanillin Market Analysis by Food, Revenue (US$) and Volume (Tons), By Chocolates
    13 Global Bio Vanillin Market Analysis by Food, Revenue (US$) and Volume (Tons), By Others
    14 Global Bio Vanillin Market Attractive Analysis, By Food, 2016
    15 Global Bio Vanillin Market Revenue Share Analysis, by Region
    16 Global Bio Vanillin Market Volume Share Analysis, by Region
    17 North America Bio Vanillin Market Size (US$ Mn) and Volume (Tons) Forecast
    18 North America Bio Vanillin Market Attractiveness, by Country 
    19 North America Bio Vanillin Market Revenue Share Analysis, by Application
    20 North America Bio Vanillin Market Volume Share Analysis, by Application
    21 North America Bio Vanillin Market Revenue Share Analysis, by Food
    22 North America Bio Vanillin Market Volume Share Analysis, by Food
    23 North America Bio Vanillin Market Attractiveness Analysis, by Application
    24 North America Bio Vanillin Market Attractiveness Analysis, by Food
    25 North America Market Revenue Share Analysis, by Country
    26 North America Market Volume Share Analysis, by Country
    27 Europe Bio Vanillin Market Size (US$ Mn) and Volume (Tons) Forecast
    28 Europe Bio Vanillin Market Attractiveness, by Country 
    29 Europe Bio Vanillin Market Revenue Share Analysis, by Application
    30 Europe Bio Vanillin Market Volume Share Analysis, by Application
    31 Europe Bio Vanillin Market Revenue Share Analysis, by Food
    32 Europe Bio Vanillin Market Volume Share Analysis, by Food
    33 Europe Bio Vanillin Market Attractiveness Analysis, by Application
    34 Europe Bio Vanillin Market Attractiveness Analysis, by Food
    35 Europe Market Revenue Share Analysis, by Country
    36 Europe Market Volume Share Analysis, by Country
    37 Asia-Pacific Bio Vanillin Market Size (US$ Mn) and Volume (Tons) Forecast
    38 Asia-Pacific Bio Vanillin Market Attractiveness, by Country
    39 Asia-Pacific Bio Vanillin Market Revenue Share Analysis, by Application
    40 Asia-Pacific Bio Vanillin Market Volume Share Analysis, by Application
    41 Asia-Pacific Bio Vanillin Market Revenue Share Analysis, by Food
    42 Asia-Pacific Bio Vanillin Market Volume Share Analysis, by Food
    43 Asia-Pacific Bio Vanillin Market Attractiveness Analysis, by Application
    44 Asia-Pacific Bio Vanillin Market Attractiveness Analysis, by Food
    45 Asia-Pacific Market Revenue Share Analysis, by Country
    46 Asia-Pacific Market Volume Share Analysis, by Country
    47 Middle East & Africa Bio Vanillin Market Size (US$ Mn) and Volume (Tons) Forecast
    48 Middle East & Africa Bio Vanillin Market Attractiveness, by Country 
    49 Middle East & Africa Bio Vanillin Market Revenue Share Analysis, by Application
    50 Middle East & Africa Bio Vanillin Market Volume Share Analysis, by Application
    51 Middle East & Africa Bio Vanillin Market Revenue Share Analysis, by Food
    52 Middle East & Africa Bio Vanillin Market Volume Share Analysis, by Food
    53 Middle East & Africa Bio Vanillin Market Attractiveness Analysis, by Application
    54 Middle East & Africa Bio Vanillin Market Attractiveness Analysis, by Food
    55 Middle East & Africa Market Revenue Share Analysis, by Country
    56 Middle East & Africa Market Volume Share Analysis, by Country
    57 Latin America Bio Vanillin Market Size (US$ Mn) and Volume (Tons) Forecast
    58 Latin America Bio Vanillin Market Attractiveness, by Country 
    59 Latin America Bio Vanillin Market Revenue Share Analysis, by Application
    60 Latin America Bio Vanillin Market Volume Share Analysis, by Application
    61 Latin America Bio Vanillin Market Revenue Share Analysis, by Food
    62 Latin America Bio Vanillin Market Volume Share Analysis, by Food
    63 Latin America Bio Vanillin Market Attractiveness Analysis, by Application
    64 Latin America Bio Vanillin Market Attractiveness Analysis, by Food
    65 Latin America Market Revenue Share Analysis, by Country
    66 Latin America Market Volume Share Analysis, by Country

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