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Bio Vanillin Market To Reach US$14.34 mn before 2025

Bio Vanillin Market To Reach US$14.34 mn before 2025
Global Bio Vanillin Market: Snapshot Bio vanillin is the chief component extracted from vanilla beans which is widely used as a flavoring agent in food, beverages and pharmaceuticals. Bio vanillin is preferred over synthetic vanillin as it is a healthier and safer substitute compared to synthetic vanillin. Bio vanillin has been used as a premium ingredient in medicines, personal care products and perfumes and it is expected to drive the market over the forecast period. Food regulatory authorities in the U.S. and Europe have contributed to the growth of bio vanillin market owing to the stringent rules and regulations for bio based products. Rise in the number of food and beverage industry has fuelled the demand for bio vanillin over the forecast period. High price of bio vanillin coupled with the supply deficit is expected to restrict the market over the years to come. Food Emerges as Leading Application Segment Europe to Remain Dominant Regional Segment based on Revenue

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