Global Vanillic Acid (CAS 121-34-6) Market Insights and Forecast to 2027

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.

Market Analysis and Insights: Global Vanillic Acid (CAS 121-34-6) Market
The global Vanillic Acid (CAS 121-34-6) market is valued at US$ 1204.9 million in 2019. The market size will reach US$ 1110.2 million by the end of 2026, growing at a CAGR of -1.2% during 2021-2026.

Global Vanillic Acid (CAS 121-34-6) Scope and Segment
Vanillic Acid (CAS 121-34-6) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Vanillic Acid (CAS 121-34-6) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Purity Above 99%
Purity 98%

Segment by Application
Pharmaceutical Intermediates
Flavors & Fragrances
Other

By Company
Solvay
Donglian Nankai FlavorDlflavor
Quzhou Mingfeng Chemical

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions