PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1743380
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1743380
Vanillic Acid Market Growth, Size, Trends Analysis - By Application, By Purity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Vanillic Acid Market Introduction and Overview
According to SPER market research, 'Global Vanillic Acid Market Size- By Application, By Purity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Vanillic Acid Market is predicted to reach 26.81 billion by 2034 with a CAGR of 2.43%.
Vanillic acid is a benzoic acid derivative used to flavour foods. When vanillin is converted into ferulic acid, it produces an oxidised version of vanillin. Vanillic acid is used as a flavouring agent by many food manufacturers due to its antioxidant, antibacterial, anti-inflammatory, anti-cancer, and anti-obesity effects. It is commonly used as a flavouring agent in confectioneries, drinks, and baked goods.
Restraints: The vanillic acid market faces major challenges due to competition from synthetic substitutes and a shortage of raw materials. The limited availability of natural sources, particularly vanilla beans, is a key issue. Factors like weather, crop diseases, and geopolitical events can disrupt the vanilla bean supply chain, causing shortages and increased costs for producers.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Application, By Purity
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Solvay, Donglian Nankai FlavorDlflavor, Quzhou Mingfeng Chemical, The Good Scents Company, Parchem Fine & Specialty Chemicals, Otto Chemie Pvt. Ltd, Lanxess.
Global Vanillic Acid Market Segmentation:
By Application: Based on the Application, Global Vanillic Acid Market is segmented as; PharmaceuticalIntermediates, Flavors and Fragrances, Other Applications.
By Purity: Based on the Purity, Global Vanillic Acid Market is segmented as; Purity 99%, Purity 98%, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East &Africa.
Table of Contents
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER's internal database
2.1.4. Premium insight from KOL's
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER's Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Vanillic Acid Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Vanillic Acid Market
7. Global Vanillic Acid Market, By Application (USD Million) 2021-2034
7.1. Pharmaceutical Intermediates
7.2. Flavors and Fragrances
7.3. Other Applications
8. Global Vanillic Acid Market, By Purity (USD Million) 2021-2034
8.1. Purity 99%
8.2. Purity 98%
8.3. Others
9. Global Vanillic Acid Market, (USD Million) 2021-2034
9.1. Global Vanillic Acid Market Size and Market Share
10. Global Vanillic Acid Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Solvay
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Donglian Nankai FlavorDlflavor
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Quzhou Mingfeng Chemical
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. The Good Scents Company
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Parchem Fine & Specialty Chemicals
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Otto Chemie Pvt. Ltd
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Lanxess
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
