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Rushi Dalve @go_658bd10ba1114
Bio Vanillin Market: Global Industry Analysis and Forecast 2023 – 2030

The Global Bio Vanillin Market size is expected to grow from USD 251.33 million in 2022 to USD 328.15 million by 2030, at a CAGR of 3.39% during the forecast period (2023-2030).

Bio Vanillin organic compound and is a mixture of essence and flavor which is one of the most widely used flavors compounds in the food industry. It has numerous applications in the chemical and pharmaceutical industry. Natural vanillin is derived from vanilla beans but, it is very costly as it has very limited accessibility. The annual global consumption of vanillin is more than 12,000 tons, which is mostly fulfilled by synthetic vanillin. However, according to European legislation chemically blended vanillin is not safe for human consumption. So, alternative routes of manufacturing bio vanillin are urgently required which are safe to use and cheap to process.

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11:21 AM - Feb 19, 2024 (UTC)

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