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Bio Vanillin Market Share, Application,Growth, Segmentation,
Research and Forecasts to 2024 | Hexa Research
“ The worldwide bio vanillin market is anticipated to surpass USD 226 million
by 2024.”
17 December 2018
The worldwide bio vanillin market is anticipated to surpass USD 226 million by 2024. Applications in premium products,
like perfumes and food & beverages can boost the market over the forecast period (2016-2024). Bio vanillin is used
extensively in medicines and foods because it can effectively prevent any bitter taste. Application in areas, such as
cosmetics, pharmaceuticals, and food & beverages will catapult demand in the forthcoming years.
The support and encouragement of food regulatory authorities in North America and Europe will impact the market
positively. These authorities have identified ingredients that are obtained as naturally derived products from microbial
processing. Regulatory standards that discourage synthetic products may encourage industrial demand. Additionally,
customer awareness and growing popularity could fuel demand for bio vanillin during the forecast period.
Production of bio vanillin through biotechnological methods generates lesser unwanted side products. For
instance, there is lower toxicity, minimal emission of greenhouse gases, and lesser energy consumption.
These factors make biotechnological methods a ‘greener’ alternative.
The global bio vanillin industry is still in its infancy. Manufacturers are claiming their products to be natural. A
few products have also been approved by regulatory bodies. As per regulations of the European Parliament
and the Council, bio vanillin produced by biotechnological methods using natural inputs are termed ‘natural
flavoring’. This however, needs specification of source.
Browse Details of Report @ https://www.hexaresearch.com/research-report/bio-vanillin-market
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