The report on the Global Vanilla Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Vanilla is one of the world’s most expensive flavoured spice derived from little pods or fruits of a special kind of orchid, most commonly found in Madagascar region. Among its variants Bourbon vanilla is the most commonly used vanilla. These are flavoured extracts of plants grown from pollination of Vanilla orchid by Melipona bee. Vanilla is most widely used in culinary industry because of its flavour. The presence of various ingredients in pure vanilla extract makes it an expensive product. Vanilla has anti-aging properties because of the presence of anti-oxidants. Presence of essential vitamins makes it essential for healthy skin, smoothing burns, curing acne and stomach ailments etc. Vanilla essential oil due to its unobtrusive scent can act as mood lifter too.
Vanilla has a wide range of applications, be it as a flavour additive in food, scent in candles, or in cleaning solutions or personal hygiene products. In addition, they have medicinal benefits such as vanilla can help kill cancer cells, can cure depression and can stimulate hormonal secretion in human beings. The Global vanilla market in this report is segmented based on their origin, as black vanilla, green vanilla and others. Based on the vanilla beans, the market is classified into Bourbon vanilla, Mexican vanilla and others. The vanilla market is segmented into organic vanilla and synthetic vanilla based on their types.
The emerging economies in the Asia Pacific region are expected to the fastest growing market for vanilla globally in the forecasted period. In this region, countries like India, Japan, China and Malaysia. North America and Europe are expected to witness a steady rise in the demand for vanilla owing to rapid expansion of pharmaceutical and cosmetics industry.
The major factors which are driving the growth of the global vanilla market can be attributed to expanding demand from food and beverage industry and broadening pharmaceutical industry.
Few of the active players in the global vanilla market are:
- Prinova Group LLC
- Solvay SA
- Evolva Holding SA
- Jiaxing Zhonghua Chemical Industry Co.
SEGMENTATIONS IN REPORT:
Vanilla By Origin:
- Green Vanilla
- Black Vanilla
- Others
Vanilla By Beans:
Vanilla By Types:
- Organic / Natural Vanilla
- Conventional / Synthetic Vanilla
Vanilla By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Vanilla Market has been exhibited in detail in the following chapters -
Chapter 1 Vanilla Market Preface
Chapter 2 Executive Summary
Chapter 3 Vanilla Industry Analysis
Chapter 4 Vanilla Market Value Chain Analysis
Chapter 5 Vanilla Market Analysis By Origin
Chapter 6 Vanilla Market Analysis By Beans
Chapter 7 Vanilla Market Analysis By Types
Chapter 8 Vanilla Market Analysis By Geography
Chapter 9 Competitive Landscape Of Vanilla Companies
Chapter 10 Company Profiles Of Vanilla Industry