Europe Vanilla Extract Market Forecast to 2030 - Regional Analysis - by Form (Powder and Liquid), Category (Organic and Conventional), and Application (Food & Beverages, Personal Care, and Others)

List of Tables

The Europe vanilla extract market was valued at US$ 71.96 million in 2022 and is expected to reach US$ 109.41 million by 2030; it is estimated to record a CAGR of 5.4% from 2022 to 2030.

Rising Adoption of Vanilla Extract in Personal Care Drives Europe Vanilla Extract Market

Awareness regarding health and skin care has increased significantly among people in recent years. Due to increased disposable income, consumers are willing to spend a tremendous amount on skincare products that make their skin appear healthy and radiant. People also spend extensively on personal care products as they are conscious about their appearance in social settings. Increasing pressure to look good in an image-focused society and rising expenditure on beauty products fuel the growth of the personal care industry across the world.

Vanilla has extensive usage in the personal care & cosmetic industry. As vanilla is high in antioxidants, which neutralize free radicals and help repair skin damage, it is highly utilized in cosmetics and skincare products. With the growing awareness about its anti-inflammatory and antiaging properties, use of vanilla has increased in various skincare products such as moisturizers, antiaging lotions, sunscreens, and face masks. Thus, with growing adoption, manufacturers offer vanilla-flavored cosmetics and personal care products.

Thus, the rising adoption of vanilla extracts in various cosmetics and personal care products to meet emerging consumer demand bolsters the vanilla extract market growth.

Europe Vanilla Extract Market Overview

The Rest of Europe vanilla extract market is segmented into Russia, Poland, Greece, and Belgium, among others. The ongoing self-care trend of European consumers encourages manufacturers to incorporate different natural extracts in their skin care products, such as face washes, body creams, and moisturizers. Moreover, vanilla is used as a flavoring agent in various food & beverages, such as bakery & confectionery products, frozen desserts, and savory snacks. With the increasing demand for vanilla extract among various end-use industries, manufacturers are expanding their portfolio to offer an extensive range of products to end users.

Europe Vanilla Extract Market Revenue and Forecast to 2030 (US$ Million)

Europe Vanilla Extract Market Segmentation

The Europe vanilla extract market is segmented based on form, category, application, and country. Based on form, the Europe vanilla extract market is bifurcated into powder and liquid. The liquid segment held a larger market share in 2022.

In terms of category, the Europe vanilla extract market is bifurcated into organic and conventional. The conventional segment held a larger market share in 2022.

By application, the Europe vanilla extract market is categorized into food & beverages, personal care, and others. The food & beverages segment held the largest market share in 2022. Further, food & beverages segment is categorized into bakery & confectionery, dairy & frozen desserts, beverages, sweet & savory snacks, and others.

Based on country, the Europe vanilla extract market is segmented into Germany, the UK, France, Italy, Spain, the Netherlands, and the Rest of Europe. The Rest of Europe dominated the Europe vanilla extract market share in 2022.

Eurovanille, Prova SAS, HE Stringer Flavours Ltd, Natural Vanilla Pty Ltd, Kerry Group Plc, Archer-Daniels-Midland Co, Virginia Dare Extract Co Inc, and Synergy Flavors Inc are some of the leading players operating in the Europe vanilla extract market.

Product Code: BMIRE00030148

Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Vanilla Extract Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
- 4.3.3 Distributors or Suppliers
- 4.3.4 Application
4.4 List of Vendors

5. Europe Vanilla Extract Market - Key Industry Dynamics

5.1 Market Drivers
- 5.1.1 Wide Range of Applications of Vanilla Extract in Food & Beverage Industries
- 5.1.2 Rising Adoption of Vanilla Extract in Personal Care
5.2 Market Restraints
- 5.2.1 Price Volatility and Supply Shortage
5.3 Market Opportunities
- 5.3.1 Expanding Demand for Natural/Clean-Label Ingredients
5.4 Future Trends
- 5.4.1 High Demand for Organic Vanilla Products
5.5 Impact Analysis of Drivers and Restraints

6. Vanilla Extract Market - Europe Market Analysis

6.1 Overview
6.2 Europe Vanilla Extract Market Revenue (US$ Thousand), 2020 - 2030
6.3 Vanilla Extract Market Forecast and Analysis

7. Europe Vanilla Extract Market Analysis - Form

7.1 Liquid
- 7.1.1 Overview
- 7.1.2 Liquid Market Revenue and Forecast to 2030 (US$ Thousand)
7.2 Powder
- 7.2.1 Overview
- 7.2.2 Powder Market Revenue and Forecast to 2030 (US$ Thousand)

8. Europe Vanilla Extract Market Analysis - Category

8.1 Organic
- 8.1.1 Overview
- 8.1.2 Organic Market Revenue and Forecast to 2030 (US$ Thousand)
8.2 Conventional
- 8.2.1 Overview
- 8.2.2 Conventional Market Revenue and Forecast to 2030 (US$ Thousand)

9. Europe Vanilla Extract Market Analysis - Application

9.1 Food & Beverages
- 9.1.1 Overview
- 9.1.2 Food & Beverages Market Revenue and Forecast to 2030 (US$ Thousand)
  - 9.1.2.1 Bakery & Confectionery
    - 9.1.2.1.1 Overview
    - 9.1.2.1.2 Bakery & Confectionery Market Revenue and Forecast to 2030 (US$ Thousand)
  - 9.1.2.2 Dairy & Frozen Desserts
    - 9.1.2.2.1 Overview
    - 9.1.2.2.2 Dairy & Frozen Desserts Market Revenue and Forecast to 2030 (US$ Thousand)
  - 9.1.2.3 Beverages
    - 9.1.2.3.1 Overview
    - 9.1.2.3.2 Beverages Market Revenue and Forecast to 2030 (US$ Thousand)
  - 9.1.2.4 Sweet & Savory Snacks
    - 9.1.2.4.1 Overview
    - 9.1.2.4.2 Sweet & Savory Snacks Market Revenue and Forecast to 2030 (US$ Thousand)
  - 9.1.2.5 Others
    - 9.1.2.5.1 Overview
    - 9.1.2.5.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)
9.2 Personal Care
- 9.2.1 Overview
- 9.2.2 Personal Care Market Revenue and Forecast to 2030 (US$ Thousand)
9.3 Others
- 9.3.1 Overview
- 9.3.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)

10. Europe Vanilla Extract Market - Country Analysis

10.1 Europe
- 10.1.1 Europe Vanilla Extract Market Revenue and Forecasts and Analysis - By Countries
  - 10.1.1.1 Europe Vanilla Extract Market Breakdown by Country
  - 10.1.1.2 Germany Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.2.1 Germany Vanilla Extract Market Breakdown by Form
    - 10.1.1.2.2 Germany Vanilla Extract Market Breakdown by Category
    - 10.1.1.2.3 Germany Vanilla Extract Market Breakdown by Application
  - 10.1.1.3 France Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.3.1 France Vanilla Extract Market Breakdown by Form
    - 10.1.1.3.2 France Vanilla Extract Market Breakdown by Category
    - 10.1.1.3.3 France Vanilla Extract Market Breakdown by Application
  - 10.1.1.4 Italy Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.4.1 Italy Vanilla Extract Market Breakdown by Form
    - 10.1.1.4.2 Italy Vanilla Extract Market Breakdown by Category
    - 10.1.1.4.3 Italy Vanilla Extract Market Breakdown by Application
  - 10.1.1.5 Spain Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.5.1 Spain Vanilla Extract Market Breakdown by Form
    - 10.1.1.5.2 Spain Vanilla Extract Market Breakdown by Category
    - 10.1.1.5.3 Spain Vanilla Extract Market Breakdown by Application
  - 10.1.1.6 UK Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.6.1 UK Vanilla Extract Market Breakdown by Form
    - 10.1.1.6.2 UK Vanilla Extract Market Breakdown by Category
    - 10.1.1.6.3 UK Vanilla Extract Market Breakdown by Application
  - 10.1.1.7 Netherland Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.7.1 Netherland Vanilla Extract Market Breakdown by Form
    - 10.1.1.7.2 Netherland Vanilla Extract Market Breakdown by Category
    - 10.1.1.7.3 Netherland Vanilla Extract Market Breakdown by Application
  - 10.1.1.8 Rest of Europe Vanilla Extract Market Revenue and Forecasts to 2030 (US$ Thousand)
    - 10.1.1.8.1 Rest of Europe Vanilla Extract Market Breakdown by Form
    - 10.1.1.8.2 Rest of Europe Vanilla Extract Market Breakdown by Category
    - 10.1.1.8.3 Rest of Europe Vanilla Extract Market Breakdown by Application

11. Company Profiles

11.1 Eurovanille
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Prova SAS
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 HE Stringer Flavours Ltd
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Natural Vanilla Pty Ltd
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Kerry Group Plc
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Archer-Daniels-Midland Co
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Virginia Dare Extract Co Inc
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Synergy Flavors Inc
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix