Vanillin in a broad sense includes vanillin and ethyl vanillin. Vanillin, also known as Vanillin, is a white to light yellow crystal with molecular formula: C8H8O3 molecular weight: 152.14, melting point 81℃, boiling point 284~285℃, relative density 1.060. It is a widely used edible spice that can be found in the seeds of vanilla or can be synthetic and has a strong milky flavor. Ethyl vanillin is the scientific name of 3-ethoxy-4-hydroxy benzaldehyde. Both are white or slightly yellow crystalline powder, slightly soluble in water, with vanilla fragrance and strong milk fragrance, are important food additives, widely used as flavor enhancers for food, beverage and daily chemical products.
According to the new market research report “Vanillin – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Vanillin market size is projected to reach USD 1.17 billion by 2029, at a CAGR of 5.9% during the forecast period.
- Global Vanillin MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Vanillin – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Vanillin Top13Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Vanillin – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Vanillin include Solvay, Borregaard, Wanglong Tech, Jiaxing Zhonghua Chemical, Liaoning Shixing, Shanghai Xinhua Perfume, Thrive Chemicals, Brother, EVOLVA, Kunshan Asia Aroma Corp, etc.
In 2022, the global top five players had a share approximately 76.0% in terms of revenue.
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