PUBLISHER: KBV Research | PRODUCT CODE: 1472505
PUBLISHER: KBV Research | PRODUCT CODE: 1472505
Europe Vanillic Acid Market Size, Share & Trends Analysis Report By Purity (Purity 98%, Purity 99%, and Others), By Application (Flavors & Fragrances, Pharmaceutical Intermediates, and Others), By Country and Growth Forecast, 2024 - 2031
The Europe Vanillic Acid Market would witness market growth of 1.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 6,125.9 tonnes, showcasing a growth of 8.7% (2020-2023).
In the Vanillic Acid market, a purity level of 98% signifies a high-quality product that meets the needs of various industries. With a purity of 98%, Vanillic Acid offers reliability and effectiveness in applications ranging from food and beverage to pharmaceuticals and cosmetics. Thus, the Germany market would consume 1,008.8 tonnes of 98% pure Vanillic Acid by 2031.
The Germany market dominated the Europe Vanillic Acid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,643.8 million by 2031. The UK market is experiencing a CAGR of 1.3% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 2.1% during (2024 - 2031).
It is a compound commonly found in vanilla beans and certain other plants. It has applications in various industries including food, cosmetics, and pharmaceuticals. In the food industry, it is used as a flavoring agent and preservative, while in cosmetics, it can be found in skincare and haircare products. Additionally, it has potential pharmaceutical uses due to its antioxidant properties.
Adoption trends in the market reflect the evolving preferences of consumers, advancements in technology, regulatory changes, and emerging applications across various industries. For example, with increasing health and wellness awareness, consumers seek products formulated with natural and clean-label ingredients. It is derived from natural sources such as vanillin, lignin, and microbial fermentation, aligns with this trend. Manufacturers respond to consumer preferences by incorporating vanillic acid into food, fragrance, and personal care products as a natural alternative to synthetic additives and preservatives.
Europe is also renowned for its thriving fragrance and perfume industry. With its sweet, vanilla-like aroma, it is a valuable ingredient in perfume and fragrance formulations. As European consumers seek high-quality fragrances with unique scent profiles, the demand for vanillic acid as a fragrance enhancer continues to rise. In addition, the growth of the European cosmetics industry drives innovation and product development in the sector. Cosmetic manufacturers continuously seek novel ingredients like vanillic acid to differentiate their products and cater to evolving consumer preferences. Hence, the increasing cosmetics industry in the region is propelling the market's growth.
Based on Purity, the market is segmented into Purity 98%, Purity 99%, and Others. Based on Application, the market is segmented into Flavors & Fragrances, Pharmaceutical Intermediates, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Solvay SA
- Lanxess AG
- Parchem Fine and Specialty Chemicals, Inc.
- Biosynth AG (Carbosynth Ltd.)
- Cayman Chemical Company, Inc.
- Merck Millipore (Merck Group)
- Tokyo Chemical Industry Co., Ltd.
- Otto Chemie Pvt. Ltd.
- Santa Cruz Biotechnology, Inc.
- Spectrum Chemical Mfg. Corp.
Europe Vanillic Acid Market Report Segmentation
By Purity (Volume, Tonnes, USD Billion, 2020-2031)
- Purity 98%
- Purity 99%
- Others
By Application (Volume, Tonnes, USD Billion, 2020-2031)
- Flavors & Fragrances
- Pharmaceutical Intermediates
- Others
By Country (Volume, Tonnes, USD Billion, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Vanillic Acid Market, by Purity
- 1.4.2Europe Vanillic Acid Market, by Application
- 1.4.3Europe Vanillic Acid Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Europe Vanillic Acid Market by Purity
- 4.1Europe Purity 98% Market by Country
- 4.2Europe Purity 99% Market by Country
- 4.3Europe Others Market by Country
Chapter 5.Europe Vanillic Acid Market by Application
- 5.1Europe Flavors & Fragrances Market by Country
- 5.2Europe Pharmaceutical Intermediates Market by Country
- 5.3Europe Others Market by Country
Chapter 6.Europe Vanillic Acid Market by Country
- 6.1Germany Vanillic Acid Market
- 6.1.1Germany Vanillic Acid Market by Purity
- 6.1.2Germany Vanillic Acid Market by Application
- 6.2UK Vanillic Acid Market
- 6.2.1UK Vanillic Acid Market by Purity
- 6.2.2UK Vanillic Acid Market by Application
- 6.3France Vanillic Acid Market
- 6.3.1France Vanillic Acid Market by Purity
- 6.3.2France Vanillic Acid Market by Application
- 6.4Russia Vanillic Acid Market
- 6.4.1Russia Vanillic Acid Market by Purity
- 6.4.2Russia Vanillic Acid Market by Application
- 6.5Spain Vanillic Acid Market
- 6.5.1Spain Vanillic Acid Market by Purity
- 6.5.2Spain Vanillic Acid Market by Application
- 6.6Italy Vanillic Acid Market
- 6.6.1Italy Vanillic Acid Market by Purity
- 6.6.2Italy Vanillic Acid Market by Application
- 6.7Rest of Europe Vanillic Acid Market
- 6.7.1Rest of Europe Vanillic Acid Market by Purity
- 6.7.2Rest of Europe Vanillic Acid Market by Application
Chapter 7.Company Profiles
- 7.1Solvay SA
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
- 7.2Lanxess AG
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.2.5SWOT Analysis
- 7.3Parchem Fine and Specialty Chemicals, Inc.
- 7.3.1Company Overview
- 7.3.2SWOT Analysis
- 7.4Biosynth AG (Carbosynth Ltd.)
- 7.4.1Company Overview
- 7.4.2SWOT Analysis
- 7.5Cayman Chemical Company, Inc.
- 7.5.1Company Overview
- 7.5.2SWOT Analysis
- 7.6Merck Millipore (Merck Group)
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expense
- 7.6.5SWOT Analysis
- 7.7Tokyo Chemical Industry Co., Ltd.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
- 7.8Otto Chemie Pvt. Ltd.
- 7.8.1Company Overview
- 7.8.2SWOT Analysis
- 7.9Santa Cruz Biotechnology, Inc.
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
- 7.10.Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
- 7.10.1Company Overview
- 7.10.2SWOT Analysis
LIST OF TABLES
- TABLE 1Europe Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 2Europe Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 3Europe Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 4Europe Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 5Europe Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 6Europe Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 7Europe Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 8Europe Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 9Europe Purity 98% Market by Country, 2020 - 2023, USD Million
- TABLE 10Europe Purity 98% Market by Country, 2024 - 2031, USD Million
- TABLE 11Europe Purity 98% Market by Country, 2020 - 2023, Tonnes
- TABLE 12Europe Purity 98% Market by Country, 2024 - 2031, Tonnes
- TABLE 13Europe Purity 99% Market by Country, 2020 - 2023, USD Million
- TABLE 14Europe Purity 99% Market by Country, 2024 - 2031, USD Million
- TABLE 15Europe Purity 99% Market by Country, 2020 - 2023, Tonnes
- TABLE 16Europe Purity 99% Market by Country, 2024 - 2031, Tonnes
- TABLE 17Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 18Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 19Europe Others Market by Country, 2020 - 2023, Tonnes
- TABLE 20Europe Others Market by Country, 2024 - 2031, Tonnes
- TABLE 21Europe Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 22Europe Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 23Europe Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 24Europe Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 25Europe Flavors & Fragrances Market by Country, 2020 - 2023, USD Million
- TABLE 26Europe Flavors & Fragrances Market by Country, 2024 - 2031, USD Million
- TABLE 27Europe Flavors & Fragrances Market by Country, 2020 - 2023, Tonnes
- TABLE 28Europe Flavors & Fragrances Market by Country, 2024 - 2031, Tonnes
- TABLE 29Europe Pharmaceutical Intermediates Market by Country, 2020 - 2023, USD Million
- TABLE 30Europe Pharmaceutical Intermediates Market by Country, 2024 - 2031, USD Million
- TABLE 31Europe Pharmaceutical Intermediates Market by Country, 2020 - 2023, Tonnes
- TABLE 32Europe Pharmaceutical Intermediates Market by Country, 2024 - 2031, Tonnes
- TABLE 33Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 34Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 35Europe Others Market by Country, 2020 - 2023, Tonnes
- TABLE 36Europe Others Market by Country, 2024 - 2031, Tonnes
- TABLE 37Europe Vanillic Acid Market by Country, 2020 - 2023, USD Million
- TABLE 38Europe Vanillic Acid Market by Country, 2024 - 2031, USD Million
- TABLE 39Europe Vanillic Acid Market by Country, 2020 - 2023, Tonnes
- TABLE 40Europe Vanillic Acid Market by Country, 2024 - 2031, Tonnes
- TABLE 41Germany Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 42Germany Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 43Germany Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 44Germany Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 45Germany Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 46Germany Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 47Germany Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 48Germany Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 49Germany Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 50Germany Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 51Germany Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 52Germany Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 53UK Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 54UK Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 55UK Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 56UK Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 57UK Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 58UK Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 59UK Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 60UK Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 61UK Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 62UK Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 63UK Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 64UK Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 65France Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 66France Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 67France Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 68France Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 69France Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 70France Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 71France Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 72France Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 73France Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 74France Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 75France Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 76France Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 77Russia Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 78Russia Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 79Russia Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 80Russia Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 81Russia Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 82Russia Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 83Russia Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 84Russia Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 85Russia Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 86Russia Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 87Russia Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 88Russia Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 89Spain Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 90Spain Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 91Spain Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 92Spain Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 93Spain Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 94Spain Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 95Spain Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 96Spain Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 97Spain Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 98Spain Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 99Spain Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 100Spain Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 101Italy Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 102Italy Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 103Italy Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 104Italy Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 105Italy Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 106Italy Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 107Italy Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 108Italy Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 109Italy Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 110Italy Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 111Italy Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 112Italy Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 113Rest of Europe Vanillic Acid Market, 2020 - 2023, USD Million
- TABLE 114Rest of Europe Vanillic Acid Market, 2024 - 2031, USD Million
- TABLE 115Rest of Europe Vanillic Acid Market, 2020 - 2023, Tonnes
- TABLE 116Rest of Europe Vanillic Acid Market, 2024 - 2031, Tonnes
- TABLE 117Rest of Europe Vanillic Acid Market by Purity, 2020 - 2023, USD Million
- TABLE 118Rest of Europe Vanillic Acid Market by Purity, 2024 - 2031, USD Million
- TABLE 119Rest of Europe Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
- TABLE 120Rest of Europe Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
- TABLE 121Rest of Europe Vanillic Acid Market by Application, 2020 - 2023, USD Million
- TABLE 122Rest of Europe Vanillic Acid Market by Application, 2024 - 2031, USD Million
- TABLE 123Rest of Europe Vanillic Acid Market by Application, 2020 - 2023, Tonnes
- TABLE 124Rest of Europe Vanillic Acid Market by Application, 2024 - 2031, Tonnes
- TABLE 125Key Information - Solvay SA
- TABLE 126Key Information - Lanxess AG
- TABLE 127Key Information - Parchem Fine and Specialty Chemicals, Inc.
- TABLE 128Key Information - Biosynth AG
- TABLE 129Key Information - Cayman Chmeical Company, Inc.
- TABLE 130Key Information - Merck Millipore
- TABLE 131Key Information - Tokyo Chemical Industry Co., Ltd.
- TABLE 132Key Information - Otto Chemie Pvt. Ltd.
- TABLE 133Key Information - Santa Cruz Biotechnology, Inc.
- TABLE 134Key Information - spectrum chemical mfg.corp
