LAMEA 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

Description

List of Tables

The Latin America, Middle East and Africa Vanillic Acid Market would witness market growth of 3.1% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1,855.2 tonnes, showcasing a growth of 3.3% (2024-2031).

In the pharmaceutical intermediates sector of the Vanillic Acid market, Vanillic Acid plays a crucial role as a key precursor in the synthesis of various pharmaceutical compounds. With its versatile chemical properties and functional groups, Vanillic Acid serves as a valuable building block in the production of numerous pharmaceutical intermediates and active pharmaceutical ingredients (APIs). Thus, the Brazil market would consume 156.6 tonnes of Vanillic Acid in pharmaceutical intermediates sector by 2031.

The Brazil market dominated the LAMEA Vanillic Acid Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $456.9 million by 2031. The Argentina market is registering a CAGR of 3.7% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 2.7% during (2024 - 2031).

Vanillic acid is a valuable ingredient in the fragrance and perfume industry due to its sweet, floral aroma reminiscent of vanilla. It is used in perfumes, colognes, body sprays, scented candles, and other fragrance products to impart warm, comforting, and inviting notes. Vanillic acid enhances the overall fragrance composition, adding depth, richness, and complexity to the scent profile.

Furthermore, vanillic acid finds applications in drug formulation and development in the pharmaceutical industry. It possesses antioxidant properties that can help stabilize pharmaceutical formulations and protect active ingredients from degradation due to oxidation. Vanillic acid is used in oral medications, topical formulations, and dietary supplements for various health conditions, including inflammation, oxidative stress, and microbial infections.

Peru has a rich culinary tradition, particularly in producing baked goods, desserts, and confectionery items. Vanillic acid is commonly used to produce cakes, cookies, chocolates, candies, and other sweet treats to enhance their flavor profile with a hint of vanilla. The retail food sector's recovery has played a critical role in the growth of the cookie and snack bar category, which saw an increase in sales in 2023. Sweet cookies are the most popular and account for 94 percent of market share. In conclusion, the rising processed food industry propels 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.

LAMEA 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)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Vanillic Acid Market, by Purity
- 1.4.2LAMEA Vanillic Acid Market, by Application
- 1.4.3LAMEA 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
3.2Key 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.LAMEA Vanillic Acid Market by Purity

4.1LAMEA Purity 98% Market by Country
4.2LAMEA Purity 99% Market by Country
4.3LAMEA Others Market by Country

Chapter 5.LAMEA Vanillic Acid Market by Application

5.1LAMEA Flavors & Fragrances Market by Country
5.2LAMEA Pharmaceutical Intermediates Market by Country
5.3LAMEA Others Market by Country

Chapter 6.LAMEA Vanillic Acid Market by Country

6.1Brazil Vanillic Acid Market
- 6.1.1Brazil Vanillic Acid Market by Purity
- 6.1.2Brazil Vanillic Acid Market by Application
6.2Argentina Vanillic Acid Market
- 6.2.1Argentina Vanillic Acid Market by Purity
- 6.2.2Argentina Vanillic Acid Market by Application
6.3UAE Vanillic Acid Market
- 6.3.1UAE Vanillic Acid Market by Purity
- 6.3.2UAE Vanillic Acid Market by Application
6.4Saudi Arabia Vanillic Acid Market
- 6.4.1Saudi Arabia Vanillic Acid Market by Purity
- 6.4.2Saudi Arabia Vanillic Acid Market by Application
6.5South Africa Vanillic Acid Market
- 6.5.1South Africa Vanillic Acid Market by Purity
- 6.5.2South Africa Vanillic Acid Market by Application
6.6Nigeria Vanillic Acid Market
- 6.6.1Nigeria Vanillic Acid Market by Purity
- 6.6.2Nigeria Vanillic Acid Market by Application
6.7Rest of LAMEA Vanillic Acid Market
- 6.7.1Rest of LAMEA Vanillic Acid Market by Purity
- 6.7.2Rest of LAMEA 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 1LAMEA Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 2LAMEA Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 3LAMEA Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 4LAMEA Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 5LAMEA Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 6LAMEA Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 7LAMEA Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 8LAMEA Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 9LAMEA Purity 98% Market by Country, 2020 - 2023, USD Million
TABLE 10LAMEA Purity 98% Market by Country, 2024 - 2031, USD Million
TABLE 11LAMEA Purity 98% Market by Country, 2020 - 2023, Tonnes
TABLE 12LAMEA Purity 98% Market by Country, 2024 - 2031, Tonnes
TABLE 13LAMEA Purity 99% Market by Country, 2020 - 2023, USD Million
TABLE 14LAMEA Purity 99% Market by Country, 2024 - 2031, USD Million
TABLE 15LAMEA Purity 99% Market by Country, 2020 - 2023, Tonnes
TABLE 16LAMEA Purity 99% Market by Country, 2024 - 2031, Tonnes
TABLE 17LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 18LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 19LAMEA Others Market by Country, 2020 - 2023, Tonnes
TABLE 20LAMEA Others Market by Country, 2024 - 2031, Tonnes
TABLE 21LAMEA Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 22LAMEA Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 23LAMEA Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 24LAMEA Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 25LAMEA Flavors & Fragrances Market by Country, 2020 - 2023, USD Million
TABLE 26LAMEA Flavors & Fragrances Market by Country, 2024 - 2031, USD Million
TABLE 27LAMEA Flavors & Fragrances Market by Country, 2020 - 2023, Tonnes
TABLE 28LAMEA Flavors & Fragrances Market by Country, 2024 - 2031, Tonnes
TABLE 29LAMEA Pharmaceutical Intermediates Market by Country, 2020 - 2023, USD Million
TABLE 30LAMEA Pharmaceutical Intermediates Market by Country, 2024 - 2031, USD Million
TABLE 31LAMEA Pharmaceutical Intermediates Market by Country, 2020 - 2023, Tonnes
TABLE 32LAMEA Pharmaceutical Intermediates Market by Country, 2024 - 2031, Tonnes
TABLE 33LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 34LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 35LAMEA Others Market by Country, 2020 - 2023, Tonnes
TABLE 36LAMEA Others Market by Country, 2024 - 2031, Tonnes
TABLE 37LAMEA Vanillic Acid Market by Country, 2020 - 2023, USD Million
TABLE 38LAMEA Vanillic Acid Market by Country, 2024 - 2031, USD Million
TABLE 39LAMEA Vanillic Acid Market by Country, 2020 - 2023, Tonnes
TABLE 40LAMEA Vanillic Acid Market by Country, 2024 - 2031, Tonnes
TABLE 41Brazil Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 42Brazil Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 43Brazil Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 44Brazil Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 45Brazil Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 46Brazil Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 47Brazil Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 48Brazil Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 49Brazil Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 50Brazil Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 51Brazil Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 52Brazil Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 53Argentina Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 54Argentina Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 55Argentina Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 56Argentina Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 57Argentina Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 58Argentina Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 59Argentina Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 60Argentina Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 61Argentina Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 62Argentina Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 63Argentina Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 64Argentina Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 65UAE Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 66UAE Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 67UAE Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 68UAE Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 69UAE Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 70UAE Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 71UAE Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 72UAE Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 73UAE Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 74UAE Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 75UAE Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 76UAE Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 77Saudi Arabia Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 78Saudi Arabia Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 79Saudi Arabia Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 80Saudi Arabia Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 81Saudi Arabia Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 82Saudi Arabia Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 83Saudi Arabia Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 84Saudi Arabia Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 85Saudi Arabia Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 86Saudi Arabia Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 87Saudi Arabia Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 88Saudi Arabia Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 89South Africa Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 90South Africa Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 91South Africa Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 92South Africa Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 93South Africa Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 94South Africa Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 95South Africa Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 96South Africa Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 97South Africa Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 98South Africa Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 99South Africa Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 100South Africa Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 101Nigeria Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 102Nigeria Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 103Nigeria Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 104Nigeria Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 105Nigeria Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 106Nigeria Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 107Nigeria Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 108Nigeria Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 109Nigeria Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 110Nigeria Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 111Nigeria Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 112Nigeria Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 113Rest of LAMEA Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 114Rest of LAMEA Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 115Rest of LAMEA Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 116Rest of LAMEA Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 117Rest of LAMEA Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 118Rest of LAMEA Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 119Rest of LAMEA Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 120Rest of LAMEA Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 121Rest of LAMEA Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 122Rest of LAMEA Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 123Rest of LAMEA Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 124Rest of LAMEA 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

LAMEA 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