Vanilla is a flavoring derived from orchids of the genus Vanilla, primarily from the Mexican species, flat-leaved vanilla. Vanilla is the second-most expensive spice after saffron because growing the vanilla seed pods is labor-intensive. Despite the expense, vanilla is highly valued for its flavor. As a result, vanilla is widely used in both commercial and domestic baking, perfume manufacture, and aromatherapy.
Diverse applications of vanilla in various industries owning to its nutritional value is likely to drive its market globally over the review period. Increasing demand for vanilla based on its application in personal care products and healthcare products is projected to propel the growth of this market. Chemical-free nature of organic vanilla represents stored and sustained medicinal properties, which drive the demand for vanilla in its natural form.
In 2019, the market size of Organic Vanilla is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Organic Vanilla.
This report studies the global market size of Organic Vanilla, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Organic Vanilla production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Ever Organic
The Vanilla Company
Super Africa Products
Nestlé
General Mills
Nielsen-Massey Vanillas
Symrise
Market Segment by Product Type
V. planifolia
V. tahitensis
V. pompona
Market Segment by Application
Food & Beverages
Personal Care Products
Health Care Products
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)