Vanillin is a key aromatic compound extensively
used to enhance the aroma and flavor of the various end-use products. It is the
principal aroma and flavor compound in vanilla beans. It is also found in
‘Leptotes bicolor’, an orchid species found in Paraguay and Southern Brazil as
well as the Southern Chinese red pine. Based on how it is produced, it can be
classified into Pure, Natural & Synthetic. Vanillin comes in two forms -
liquid and powdered.
Vanillin
and vanilla are often thought to be the same and used interchangeably, which is
a wrong notion, as vanilla contains hundreds of other compounds which make up
its distinguishable aroma. Vanilla has for long been the undisputed choice
among consumers when it comes to flavor. The vanillin market has seen
good growth in recent years, aided by the following factors:
- It is
extensively used as flavor agent in end-use segments such as food &
beverage, which is the major application factoring in the market growth.
Ice-cream and chocolate industries cover a large portion of the market.
- In food &
beverage segment, it enhances flavor and aroma of the products, especially
bakery products, confectioneries, biscuits, chocolates, candies, and ice
creams. With increasing disposable income and improvements in the standard
of living, the demand for a variety of food & beverage products has
only increased, thus creating an attractive market.
- It also finds
application in the beverage manufacturing industry, where it is used as a
flavoring agent. This again is an important factor for its market growth.
- Vanillin is
used as an intermediate or as an inactive excipient during manufacturing
of drugs and medicines. Pharmaceutical application is likely to be the one
of the fastest growing segments of the global market in the coming years.
- It is widely
used as an intermediate chemical as well as an additive in the
pharmaceutical sector. Tablet masking, minimizing bitter taste in
medicines, oral medicine processing, topical medicated lotions and other
pharmaceutical products use it as an excipient.
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In
terms of volume, Asia Pacific is expected to be the fastest growing region in
the coming years. Significant growth in various end-use industries especially
food & beverage is expected to fuel the growth of the market in the years ahead.
In addition, superior economic growth coupled with rising demand for processed
food in this region is boosting the usage of vanillin in food & beverage
industry.
Key players in the
market include:
- Camlin Fine Sciences Ltd.
- International Flavors & Fragrances Inc.
- Solvay S.A.
- Brenntag
- Borregaard ASA
- Evolva Holding S.A.
- Apple Flavor & Fragrance Group Co Ltd.
- De Monchy Aromatics
- BASF
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The market players are
implementing various strategies such as partnerships, new product development,
acquisitions, and joint ventures with local market players, some of which are:
- In September
2019, Brenntag’s Food & Nutrition unit in North America announced an
exclusive agreement with Borregaard AS regarding distribution of its
EuroVanillin Pure, Natural and Expert product lines in the U.S. and
Canada. The deal opens up Borregaard’s portfolio of synthetic and ethyl
vanillin to Brenntag for distribution.
- In February
2019, Solvay introduced a new natural Vanillin, extending its portfolio of
natural ingredients. Two different solutions, Rhovanil Natural CW and
Rhovanil US NAT, are offered by the company.
- In June 2019,
Borregaard announced that it would be increasing production capacity at
their site in Sarpsborg, Norway for bio-based vanillin. Upon completion,
the capacity of the site will be increased by 250 tonnes. The project will
be completed by the first half of 2021.
- In September
2019, BASF acquired Isobionics, a leader in biotechnology, thus entering
the natural flavors and fragrances market. BASF also signed a co-operation
agreement with Conagen, allowing it to provide the market with natural
vanillin.
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Good information!Thanks for sharing
ReplyDeleteCamlin Fine Sciences Limited