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.
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 Global Vanillic Acid (CAS 121-34-6) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Vanillic Acid (CAS 121-34-6) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Solvay
Donglian Nankai FlavorDlflavor
Quzhou Mingfeng Chemical
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Purity ≥99%
Purity 98%
In Market segmentation by applications :

Pharmaceutical Intermediates
Flavors & Fragrances
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Vanillic Acid (CAS 121-34-6) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Vanillic Acid (CAS 121-34-6) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Vanillic Acid (CAS 121-34-6) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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