Bio Vanillin Market Size, Share, Growth, Trends and Industry Analysis Report, 2024

The global bio vanillin market size was USD 125.4 million in 2015. Positive outlook towards the food & beverage industry in the emerging marketplaces such as China, India, Vietnam, and Malaysia in light of new product launches by early adoption of biotechnologically derived vanillin is expected to promote industry growth over the forecast period.

ID: 1554171
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(businesspress24) - The global bio-vanillin market is expected to reach USD 227.7 million by 2024, according to a new report by Grand View Research, Inc. Bio vanillin is used in a broad range of applications including food & beverages, cosmetics, and pharmaceuticals on account of its superior flavor inducing properties which will result in propelling demand over the forecast period.

Increasing production through the microbial conversion process will be a major factor in realizing the full potential of bio vanillin over the forecast period. This factor will have a positive impact on the overall market. Its ability to mask the bitter taste in medicines will also play a significant role in increasing its penetration in the pharmaceutical sector.

Further key findings from the report suggest:
ispersive properties make it a viable option for use as an intermediate for synthesizing pharmaceuticals.

out natural products has also influenced the demand for natural fragrances.

& beverage sector in emerging economies including China and India has been a primary growth factor for driving the demand for flavors & fragrances.

& beverage and pharmaceutical manufacturers has resulted in manufacturers looking at alternative methods of increasing production. Growing demand for biobased products due to their environment friendly characteristics and properties equivalent to synthetic counterparts has led to an increasing commercialization and usage of bio vanillin over the past few years, and the trend is anticipated to continue over the forecast period.

& beverages and fragrances, is expected to propel the demand for bio vanillin in the region over the forecast period.

& Fragrance Group Co Ltd, International Flavors & Fragrances, Inc. and Evolva Holding. Joint ventures and partnerships are expected to be a key feature of the market to develop advanced biotechnology.



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bio-vanillin, bio, vanillin, vanillin, nutrition, nutraceutional, food, vanila,



Company information / Profile:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com



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published by: HexaResearch
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Date: 11/22/2019 - 15:54
Language: English
News-ID 1554171
Character count: 3593
Kontakt-Informationen:
Firma: Grand View Research, Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: San Francisco
Telefon: 1-888- 202-9519

Meldungsart: Financial
Versandart: send
Freigabedatum: 22.11.2019
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