The global vanilla and vanillin markets have been witnessing stable growth over the past few years. This can be attributed to the application of vanilla and vanillin in the food and beverage industry for comfort foods such as pastries and frozen desserts, along with their varied application across pharmaceuticals, fragrance and cosmetics industries.

According to the latest report by IMARC Group, titled “Vanilla and Vanillin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global vanilla and vanillin markets reached a volume of 2,580 Tons and 37,286 Tons, respectively in 2018. Vanilla is a flavoring which is derived from the pods of orchids belonging to the genus ‘Vanilla’ which has antimicrobial, antioxidant and antimutagenic properties.

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