Global Vanillin Market Size, Share and Trends Forecasts to 2033
The global vanillin market size was worth around USD 0.96 Billion in 2023 and is predicted to grow to around USD 2.10 Billion by 2033 with a compound annual growth rate (CAGR) of 8.14% between 2023 and 2033. The vanillin market is fueled by increasing demand for sustainable and natural products, processed food and beverage consumption, rising applications in fragrances and cosmetics, technological advancements in bio-based vanillin production, and consumer inclination towards eco-friendly, clean-label ingredients.