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. Furthermore, buyers prefer its vanilla flavour, particularly in the natural and organic food sectors.
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%.
Drivers:
The Vanillic Acid Market is mainly driven by the growing need for flavors and fragrances in industries such as food and beverage, cosmetics, and pharmaceuticals. Vanillic acid is a versatile ingredient that adds a sweet, vanilla-like flavor and smell to products. The trend towards natural and organic flavors is increasing the need for vanillic acid as a natural option over synthetic flavors. Additionally, the expanding food and beverage sector in emerging markets presents significant growth opportunities. The use of vanillic acid in fragrances is also increasing due to its pleasant aroma and compatibility with other scents.
Request a Free Sample Report: https://www.sperresearch.com/report-store/vanillic-acid-market?sample=1
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. Additionally, the long cultivation and processing time for vanilla beans further limit production capacity, worsening supply and demand imbalances.
Asia Pacific led the global vanillic acid market in 2024 due to increased demand from countries like China, India, and Japan. These nations have seen significant growth in their food and beverage industries, boosting the need for vanillic acid. Additionally, urbanization and economic growth are driving construction needs for quality materials. The trend for natural and clean-label products is rising in this region due to health, wellness, and sustainability concerns, leading consumers to favor ingredients from vanilla beans. Some of the key market players are Solvay, Donglian Nankai FlavorDlflavor, Quzhou Mingfeng Chemical, The Good Scents Company, and others.
For More Information, refer to below link: –
Related Reports:
Follow Us –
LinkedIn | Instagram | Facebook | Twitter
Contact Us:
Sara Lopes, Business Consultant — USA
SPER Market Research
enquiries@sperresearch.com
+1–347–460–2899
