Research and Markets has announced the addition of the "Bio Vanillin Market Analysis, By Application (Food & Beverage, Fragrance, Pharmaceuticals) And Segment Forecasts To 2024" report to their offering.

The global bio-vanillin market is expected to reach USD 227.7 million by 2024. 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.

Pharmaceuticals are expected to remain a high potential segment for the product owing to its increasing application as a flavoring agent in various medicinal syrups and tablets. It is projected to experience significant volume gains at a CAGR of 8.3% over the forecast period. Moreover, its non-dispersive properties make it a viable option for use as an intermediate for synthesizing pharmaceuticals.

Companies Mentioned:

  • International Flavors & Fragrances
  • Solvay S.A
  • Ennloys
  • Evolva Holding.
  • Apple Flavor & Fragrance Group Co Ltd.
  • Advanced Biotech
  • De Monchy Aromatics
  • Omega Ingredients Ltd.
  • Comax Flavors
  • Alfrebro, LLC
  • Axxence Aromatic GmbH

Report Structure:

1. Methodology and Scope

2. Executive Summary

3. Market Summary

4. Market Variables, Trends & Scope

5. Market Categorization 1: Application Estimates & Trend Analysis

6. Market Categorization 2: Regional Estimates & Trend Analysis

7. Competitive Landscape

8. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/5pg42f/bio_vanillin

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Related Topics: Fragrance, Flavor and Aroma Chemicals, Essential Oils