Vanillic Acid is a benzoic acid derivative used as a flavoring agent. It is an oxidized form of vanillin produced during the conversion of vanillin to ferulic acid. Vanillic Acid can be used into pharmaceutical intermediates and flavors & fragrances.Scope of the Report:
Vanillic acid industry has a few manufacturers. The main players are Solvay, Donglian Nankai FlavorDlflavor, Quzhou Mingfeng Chemical. The global production of vanillic acid increased to 18.9 MT in 2016 from 18.6 MT in 2012 with average growth rate of 1.6%.
In consumption market, the global consumption value on the downward trend. Due to raw material synthesis vanillin, oversupply, prices fell. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these regions occupied 80.85% of the global consumption volume in total.
Vanillic Acid has two types, distinguished by purity. Vanillic Acid has certain market potential in the future. At present, the main research direction is through microbial technology to get natural vanillin, at present, Solvay has mature industry chain in the market. Some other company need to be tested by the market, such as EVOLVA.
At present, the downstream market is relatively stable, and we believe that future market demand will not show rapid growth unless significant progress has been made in the development of natural vanillin.
The worldwide market for Vanillic Acid (CAS 121-34-6) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
This report focuses on the Vanillic Acid (CAS 121-34-6) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Market Segment by Manufacturers, this report covers
Donglian Nankai FlavorDlflavor
Quzhou Mingfeng ChemicalMarket Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Market Segment by Type, covers
Purity 98%Market Segment by Applications, can be divided into
Flavors & Fragrances
OtherThe content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vanillic Acid (CAS 121-34-6) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Vanillic Acid (CAS 121-34-6), with price, sales, revenue and global market share of Vanillic Acid (CAS 121-34-6) in 2018 and 2019.
Chapter 3, the Vanillic Acid (CAS 121-34-6) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vanillic Acid (CAS 121-34-6) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Vanillic Acid (CAS 121-34-6) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Vanillic Acid (CAS 121-34-6) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.