Global Bio Vanillin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Bio Vanillin is a phenolic aldehyde, which is an organic compound with the molecular formula C8H8O3. Its functional groups include aldehyde, hydroxyl, and ether. It is the primary component of the extract of the vanilla bean. Or Biosynthesis from natural raw materials.
Market Overview:
The latest research study on the global Bio Vanillin market finds that the global Bio Vanillin market reached a value of USD 498.09 million in 2022. It’s expected that the market will achieve USD 565.57 million by 2028, exhibiting a CAGR of 2.14% during the forecast period.
Substitutes Threat
Synthetic vanillin is a direct substitute for bio vanillin, and the raw material for synthetic vanillin is cheaper and the processing technology is simpler, resulting in a much lower production cost of synthetic vanillin, and the synthesis vanillin has a great advantage on price. For developing countries or underdeveloped countries, the market for synthetic vanillin is still very large, and the government supervision and industry standards in these areas are often not very strict, and in the process of companies chasing profits, When the basic function of the product can meet the expected requirements, the price will often become the most important determinant of downstream buyers.
Progress in Green Polymer Composites from Lignin for Multifunctional Applications
Dr. Vijay Kumar Thakur is intended to summarize the recent advances and issues involving the use of lignin in the development of new polymer composite materials. In this review, we have made an attempt to classify different types of lignin-reinforced polymer composites starting from synthetic to biodegradable polymer matrices and highlight recent advances in multifunctional applications of lignin. The structural features and functions of the lignin/polymer composite systems are discussed in each section. The current research trends in lignin-based materials for engineering applications, including strategies for modification of lignin, fabrication of thermoset/thermoplastic/biodegradable/rubber/foam composites, and the use of lignin as a compatibilizer are presented. This study will increase the interest of researchers all around the globe in lignin-based polymer composites and the development of new ideas in this field.
Region Overview:
From 2022-2027, Asia-Pacific is estimated to witness robust growth prospects.
Company Overview:
Solvay is one of the major players operating in the Bio Vanillin market, holding a share of 23.64% in 2022.
Solvay
Solvay S.A. is a Belgian chemical company founded in 1863, with its head office in Neder-Over-Heembeek, Brussels, Belgium. Following its integration with Rhodia, the Committee of Executive Members at Solvay reorganised its various business units into five segments – Consumer Chemicals, Advanced Materials, Performance Chemicals, Functional Polymers and Corporate & Business Services, effective from 2013.
MANE
MANE Inc. produces flavors, fragrances, and ingredients. It offers flavors for products, such as beverages, biscuits, confectionery, dairy products, savoury food, and nutrition products in the form of liquids, powders, granules, capsules, and pastes; perfumes to hygiene and body care products, including shower gels, shampoos, deodorants, creams, and toothpastes; and fragrances for the home universe ranging from household products to interior perfumes.
Segmentation Overview:
As for product types, the Lignin vanillin segment held the largest market share in 2021.
Eugenol vanillin
Using eugenol as substrate, the product vanillin was obtained by microorganism (bacterial or fungal) transformation method.
Ferulic acid vanillin
Using ferulic acid as a substrate, product vanillin was obtained through a two-step microbial metabolic process. The first step was to convert ferulic acid to vanillic acid with Aspergillus niger, and the second step was to use pycnoporus cinnabarinus to reduce vanillic acid to vanillin.
Lignin vanillin
By using lignin as raw material, lignin is hydrolyzed under alkaline conditions and then oxidized, which can produce vanillin. This kind of vanillin is called lignin vanillin
Natural guaiacol pine root vanillin
Using guaiacol as raw material, guaiacol is first condensed with glyoxylic acid to form 3-methoxy-4-hydroxy mandelic acid sodium, which is then oxidized and acidified to obtain vanillin
Application Overview:
The market's largest segment by application is the segment Food industry, with a market share of 55.37% in 2021.
Food industry
Vanillin has a strong scent of milk and is widely used in various flavored foods that need to increase the flavor of milk, such as cakes, cold drinks, chocolate, and candy.
Fragrance
Vanillin has a strong milky aroma. It is the largest variety in the perfumery industry. It is the main ingredient of the popular vanilla flavor and is widely used in cosmetics.
Key Companies in the global Bio Vanillin market covered in Chapter 3:
Aurochemicals
Advanced Biotech
Lesaffre
Apple Flavor & Fragrance Group
Evolva & IFF
MANE
Firmenich SA
Borregaard
Solvay
De Monchy Aromatics
In Chapter 4 and Chapter 14.2, on the basis of types, the Bio Vanillin market from 2018 to 2029 is primarily split into:
Eugenol vanillin
Ferulic acid vanillin
Lignin vanillin
Natural guaiacol pine root vanillin
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bio Vanillin market from 2018 to 2029 covers:
Food industry
Fragrance
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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