North America Vanillic Acid Market Size, Share & Trends Analysis Report By Purity (Purity 98%, Purity 99%, and Others), By Application (Flavors & Fragrances, Pharmaceutical Intermediates, and Others), By Country and Growth Forecast, 2024

Description

List of Tables

The North America Vanillic Acid Market would witness market growth of 1.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 5,209.6 tonnes, showcasing a growth of 8.9% (2020-2023).

In the flavors and fragrances segment of the Vanillic Acid market, Vanillic Acid serves as a valuable ingredient for imparting distinctive vanilla-like notes and aromatic profiles to a wide range of products. Its characteristic sweet, creamy, and slightly spicy aroma makes Vanillic Acid a popular choice for flavoring agents and fragrance compositions in the food, beverage, cosmetics, and personal care industries. Thus, the US market would consume 3,041.0 tonnes of Vanillic Acid in flavors and fragrances segment by 2031.

The US market dominated the North America Vanillic Acid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,713.5 million by 2031. The Canada market is showcasing a CAGR of 2.2% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 2.8% during (2024 - 2031).

The versatility of vanillic acid has led to its adoption in diverse industries beyond traditional sectors such as food and fragrance. Emerging applications in pharmaceuticals, cosmetics, nutraceuticals, and industrial processes are driving market growth. Manufacturers are exploring new ways to leverage the unique properties of vanillic acid to develop innovative products and formulations tailored to specific industry needs.

It has various applications across different industries due to its unique properties. For instance, it is extensively used in the food industry as a flavoring agent and additive. It imparts a sweet, aromatic flavor reminiscent of vanilla, making it a popular choice for enhancing the taste of various food products such as baked goods, desserts, ice cream, beverages, sauces, and confectionery items. It is often added to food formulations to provide a natural vanilla flavor profile, especially in products where synthetic flavors are undesirable.

Mexican culture celebrates beauty and grooming with a rich tradition of skincare rituals and fragrant traditions. Cultural customs and preferences shape cosmetics and personal hygiene products, which opens possibilities for the inclusion of vanillic acid in goods that appeal to Mexican customers' tastes and sensibility. As per the International Trade Administration (ITA), Mexico's cosmetics and personal care products industry was estimated at USD 7.24 million in 2022, making it an important sub-sector of consumer goods in Mexico. The market share distribution of the cosmetics and personal care sector in Mexico by segment shows that in 2022, personal care products were the most popular category (28%). This was followed by fragrances (20%), makeup (15%), skincare (14%), hair care (13%), and body care (9%). Therefore, the expansion of the food and beverage industry and high demand for cosmetics production in the region are promoting the market's growth.

Based on Purity, the market is segmented into Purity 98%, Purity 99%, and Others. Based on Application, the market is segmented into Flavors & Fragrances, Pharmaceutical Intermediates, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Solvay SA
Lanxess AG
Parchem Fine and Specialty Chemicals, Inc.
Biosynth AG (Carbosynth Ltd.)
Cayman Chemical Company, Inc.
Merck Millipore (Merck Group)
Tokyo Chemical Industry Co., Ltd.
Otto Chemie Pvt. Ltd.
Santa Cruz Biotechnology, Inc.
Spectrum Chemical Mfg. Corp.

North America Vanillic Acid Market Report Segmentation

By Purity (Volume, Tonnes, USD Billion, 2020-2031)

Purity 98%
Purity 99%
Others

By Application (Volume, Tonnes, USD Billion, 2020-2031)

Flavors & Fragrances
Pharmaceutical Intermediates
Others

By Country (Volume, Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Vanillic Acid Market, by Purity
- 1.4.2North America Vanillic Acid Market, by Application
- 1.4.3North America Vanillic Acid Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.North America Vanillic Acid Market by Purity

4.1North America Purity 98% Market by Country
4.2North America Purity 99% Market by Country
4.3North America Others Market by Country

Chapter 5.North America Vanillic Acid Market by Application

5.1North America Flavors & Fragrances Market by Country
5.2North America Pharmaceutical Intermediates Market by Country
5.3North America Others Market by Country

Chapter 6.North America Vanillic Acid Market by Country

6.1US Vanillic Acid Market
- 6.1.1US Vanillic Acid Market by Purity
- 6.1.2US Vanillic Acid Market by Application
6.2Canada Vanillic Acid Market
- 6.2.1Canada Vanillic Acid Market by Purity
- 6.2.2Canada Vanillic Acid Market by Application
6.3Mexico Vanillic Acid Market
- 6.3.1Mexico Vanillic Acid Market by Purity
- 6.3.2Mexico Vanillic Acid Market by Application
6.4Rest of North America Vanillic Acid Market
- 6.4.1Rest of North America Vanillic Acid Market by Purity
- 6.4.2Rest of North America Vanillic Acid Market by Application

Chapter 7.Company Profiles

7.1Solvay SA
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2Lanxess AG
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.2.5SWOT Analysis
7.3Parchem Fine and Specialty Chemicals, Inc.
- 7.3.1Company Overview
- 7.3.2SWOT Analysis
7.4Biosynth AG (Carbosynth Ltd.)
- 7.4.1Company Overview
- 7.4.2SWOT Analysis
7.5Cayman Chemical Company, Inc.
- 7.5.1Company Overview
- 7.5.2SWOT Analysis
7.6Merck Millipore (Merck Group)
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expense
- 7.6.5SWOT Analysis
7.7Tokyo Chemical Industry Co., Ltd.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
7.8Otto Chemie Pvt. Ltd.
- 7.8.1Company Overview
- 7.8.2SWOT Analysis
7.9Santa Cruz Biotechnology, Inc.
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
7.10.Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
- 7.10.1Company Overview
- 7.10.2SWOT Analysis

LIST OF TABLES

TABLE 1North America Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 2North America Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 3North America Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 4North America Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 5North America Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 6North America Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 7North America Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 8North America Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 9North America Purity 98% Market by Country, 2020 - 2023, USD Million
TABLE 10North America Purity 98% Market by Country, 2024 - 2031, USD Million
TABLE 11North America Purity 98% Market by Country, 2020 - 2023, Tonnes
TABLE 12North America Purity 98% Market by Country, 2024 - 2031, Tonnes
TABLE 13North America Purity 99% Market by Country, 2020 - 2023, USD Million
TABLE 14North America Purity 99% Market by Country, 2024 - 2031, USD Million
TABLE 15North America Purity 99% Market by Country, 2020 - 2023, Tonnes
TABLE 16North America Purity 99% Market by Country, 2024 - 2031, Tonnes
TABLE 17North America Others Market by Country, 2020 - 2023, USD Million
TABLE 18North America Others Market by Country, 2024 - 2031, USD Million
TABLE 19North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 20North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 21North America Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 22North America Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 23North America Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 24North America Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 25North America Flavors & Fragrances Market by Country, 2020 - 2023, USD Million
TABLE 26North America Flavors & Fragrances Market by Country, 2024 - 2031, USD Million
TABLE 27North America Flavors & Fragrances Market by Country, 2020 - 2023, Tonnes
TABLE 28North America Flavors & Fragrances Market by Country, 2024 - 2031, Tonnes
TABLE 29North America Pharmaceutical Intermediates Market by Country, 2020 - 2023, USD Million
TABLE 30North America Pharmaceutical Intermediates Market by Country, 2024 - 2031, USD Million
TABLE 31North America Pharmaceutical Intermediates Market by Country, 2020 - 2023, Tonnes
TABLE 32North America Pharmaceutical Intermediates Market by Country, 2024 - 2031, Tonnes
TABLE 33North America Others Market by Country, 2020 - 2023, USD Million
TABLE 34North America Others Market by Country, 2024 - 2031, USD Million
TABLE 35North America Others Market by Country, 2020 - 2023, Tonnes
TABLE 36North America Others Market by Country, 2024 - 2031, Tonnes
TABLE 37North America Vanillic Acid Market by Country, 2020 - 2023, USD Million
TABLE 38North America Vanillic Acid Market by Country, 2024 - 2031, USD Million
TABLE 39North America Vanillic Acid Market by Country, 2020 - 2023, Tonnes
TABLE 40North America Vanillic Acid Market by Country, 2024 - 2031, Tonnes
TABLE 41US Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 42US Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 43US Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 44US Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 45US Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 46US Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 47US Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 48US Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 49US Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 50US Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 51US Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 52US Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 53Canada Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 54Canada Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 55Canada Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 56Canada Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 57Canada Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 58Canada Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 59Canada Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 60Canada Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 61Canada Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 62Canada Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 63Canada Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 64Canada Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 65Mexico Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 66Mexico Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 67Mexico Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 68Mexico Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 69Mexico Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 70Mexico Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 71Mexico Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 72Mexico Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 73Mexico Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 74Mexico Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 75Mexico Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 76Mexico Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 77Rest of North America Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 78Rest of North America Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 79Rest of North America Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 80Rest of North America Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 81Rest of North America Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 82Rest of North America Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 83Rest of North America Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 84Rest of North America Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 85Rest of North America Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 86Rest of North America Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 87Rest of North America Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 88Rest of North America Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 89Key Information - Solvay SA
TABLE 90Key Information - Lanxess AG
TABLE 91Key Information - Parchem Fine and Specialty Chemicals, Inc.
TABLE 92Key Information - Biosynth AG
TABLE 93Key Information - Cayman Chmeical Company, Inc.
TABLE 94Key Information - Merck Millipore
TABLE 95Key Information - Tokyo Chemical Industry Co., Ltd.
TABLE 96Key Information - Otto Chemie Pvt. Ltd.
TABLE 97Key Information - Santa Cruz Biotechnology, Inc.
TABLE 98Key Information - spectrum chemical mfg.corp

North America Vanillic Acid Market Size, Share & Trends Analysis Report By Purity (Purity 98%, Purity 99%, and Others), By Application (Flavors & Fragrances, Pharmaceutical Intermediates, and Others), By Country and Growth Forecast, 2024 - 2031