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.
Free Valuable Insights: The Worldwide Vanillic Acid Market is Projected to reach USD 23.3 Billion by 2031, at a CAGR of 2.1%
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
TABLE 1 LAMEA Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 4 LAMEA Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 5 LAMEA Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 6 LAMEA Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 7 LAMEA Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 8 LAMEA Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 9 LAMEA Purity 98% Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Purity 98% Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Purity 98% Market by Country, 2020 - 2023, Tonnes
TABLE 12 LAMEA Purity 98% Market by Country, 2024 - 2031, Tonnes
TABLE 13 LAMEA Purity 99% Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Purity 99% Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Purity 99% Market by Country, 2020 - 2023, Tonnes
TABLE 16 LAMEA Purity 99% Market by Country, 2024 - 2031, Tonnes
TABLE 17 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Others Market by Country, 2020 - 2023, Tonnes
TABLE 20 LAMEA Others Market by Country, 2024 - 2031, Tonnes
TABLE 21 LAMEA Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 22 LAMEA Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 23 LAMEA Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 24 LAMEA Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 25 LAMEA Flavors & Fragrances Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Flavors & Fragrances Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Flavors & Fragrances Market by Country, 2020 - 2023, Tonnes
TABLE 28 LAMEA Flavors & Fragrances Market by Country, 2024 - 2031, Tonnes
TABLE 29 LAMEA Pharmaceutical Intermediates Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Pharmaceutical Intermediates Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Pharmaceutical Intermediates Market by Country, 2020 - 2023, Tonnes
TABLE 32 LAMEA Pharmaceutical Intermediates Market by Country, 2024 - 2031, Tonnes
TABLE 33 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Others Market by Country, 2020 - 2023, Tonnes
TABLE 36 LAMEA Others Market by Country, 2024 - 2031, Tonnes
TABLE 37 LAMEA Vanillic Acid Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Vanillic Acid Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Vanillic Acid Market by Country, 2020 - 2023, Tonnes
TABLE 40 LAMEA Vanillic Acid Market by Country, 2024 - 2031, Tonnes
TABLE 41 Brazil Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 42 Brazil Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 43 Brazil Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 44 Brazil Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 45 Brazil Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 46 Brazil Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 47 Brazil Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 48 Brazil Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 49 Brazil Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 50 Brazil Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 51 Brazil Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 52 Brazil Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 53 Argentina Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 54 Argentina Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 55 Argentina Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 56 Argentina Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 57 Argentina Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 58 Argentina Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 59 Argentina Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 60 Argentina Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 61 Argentina Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 62 Argentina Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 63 Argentina Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 64 Argentina Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 65 UAE Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 66 UAE Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 67 UAE Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 68 UAE Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 69 UAE Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 70 UAE Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 71 UAE Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 72 UAE Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 73 UAE Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 74 UAE Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 75 UAE Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 76 UAE Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 77 Saudi Arabia Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 78 Saudi Arabia Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 79 Saudi Arabia Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 80 Saudi Arabia Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 81 Saudi Arabia Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 82 Saudi Arabia Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 83 Saudi Arabia Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 84 Saudi Arabia Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 85 Saudi Arabia Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 86 Saudi Arabia Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 87 Saudi Arabia Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 88 Saudi Arabia Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 89 South Africa Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 90 South Africa Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 91 South Africa Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 92 South Africa Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 93 South Africa Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 94 South Africa Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 95 South Africa Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 96 South Africa Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 97 South Africa Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 98 South Africa Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 99 South Africa Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 100 South Africa Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 101 Nigeria Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 102 Nigeria Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 103 Nigeria Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 104 Nigeria Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 105 Nigeria Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 106 Nigeria Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 107 Nigeria Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 108 Nigeria Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 109 Nigeria Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 110 Nigeria Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 111 Nigeria Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 112 Nigeria Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 113 Rest of LAMEA Vanillic Acid Market, 2020 - 2023, USD Million
TABLE 114 Rest of LAMEA Vanillic Acid Market, 2024 - 2031, USD Million
TABLE 115 Rest of LAMEA Vanillic Acid Market, 2020 - 2023, Tonnes
TABLE 116 Rest of LAMEA Vanillic Acid Market, 2024 - 2031, Tonnes
TABLE 117 Rest of LAMEA Vanillic Acid Market by Purity, 2020 - 2023, USD Million
TABLE 118 Rest of LAMEA Vanillic Acid Market by Purity, 2024 - 2031, USD Million
TABLE 119 Rest of LAMEA Vanillic Acid Market by Purity, 2020 - 2023, Tonnes
TABLE 120 Rest of LAMEA Vanillic Acid Market by Purity, 2024 - 2031, Tonnes
TABLE 121 Rest of LAMEA Vanillic Acid Market by Application, 2020 - 2023, USD Million
TABLE 122 Rest of LAMEA Vanillic Acid Market by Application, 2024 - 2031, USD Million
TABLE 123 Rest of LAMEA Vanillic Acid Market by Application, 2020 - 2023, Tonnes
TABLE 124 Rest of LAMEA Vanillic Acid Market by Application, 2024 - 2031, Tonnes
TABLE 125 Key Information – Solvay SA
TABLE 126 Key Information – Lanxess AG
TABLE 127 Key Information – Parchem Fine and Specialty Chemicals, Inc.
TABLE 128 Key Information – Biosynth AG
TABLE 129 Key Information – Cayman Chmeical Company, Inc.
TABLE 130 Key Information – Merck Millipore
TABLE 131 Key Information – Tokyo Chemical Industry Co., Ltd.
TABLE 132 Key Information – Otto Chemie Pvt. Ltd.
TABLE 133 Key Information – Santa Cruz Biotechnology, Inc.
TABLE 134 Key Information – spectrum chemical mfg.corp
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Vanillic Acid Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Vanillic Acid Market
FIG 4 Porter’s Five Forces Analysis – Vanillic Acid Market
FIG 5 LAMEA Vanillic Acid Marketshare by Purity, 2023
FIG 6 LAMEA Vanillic Acid Marketshare by Purity, 2031
FIG 7 LAMEA Vanillic Acid Market by Purity, 2020 - 2031, USD Million
FIG 8 LAMEA Vanillic Acid Marketshare by Application, 2023
FIG 9 LAMEA Vanillic Acid Marketshare by Application, 2031
FIG 10 LAMEA Vanillic Acid Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Vanillic Acid Marketshare by Country, 2023
FIG 12 LAMEA Vanillic Acid Marketshare by Country, 2031
FIG 13 LAMEA Vanillic Acid Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Solvay SA
FIG 15 Swot Analysis: Lanxess AG
FIG 16 Swot Analysis: Parchem Fine and Specialty Chemicals, Inc.
FIG 17 Swot Analysis: Biosynth AG
FIG 18 Swot Analysis: Cayman Chemical Company, Inc.
FIG 19 Swot Analysis: Merck Millipore
FIG 20 SWOT Analysis: TOKYO CHEMICAL INDUSTRY CO., LTD.
FIG 21 Swot Analysis: Otto Chemie Pvt. Ltd.
FIG 22 Swot Analysis: Santa Cruz Biotechnology, Inc.
FIG 23 SWOT Analysis: spectrum chemical mfg.corp