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Middle East and Africa Vanilla Beans and Extract Market – Industry Trends and Forecast to 2028

  • Food & Beverage
  • Published Report
  • Jun 2021
  • MEA
  • 350 Pages
  • No of Tables: 217
  • No of Figures: 29
  • Food & Beverage
  • Published Report
  • Jun 2021
  • MEA
  • 350 Pages
  • No of Tables: 217
  • No of Figures: 29

Middle East and Africa Vanilla Beans and Extract Market, By Type (Madagascar, Mexican, Indian, Indonesian, Tahitian, Tonga, Papua, Ugandan and Others), Grades (Grade A, Grade B and Others), Origin (Natural and Synthetic), Form (Liquid, Powder, Paste), End User (Food Industry, Beverages, Personal Care Products, Pharmaceuticals Industry, Home Cooking and Others) and Distribution Channel (B2B, B2C), Country (South Africa, Egypt, Saudi Arabia, UAE, Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Middle East and Africa Vanilla Beans and Extract Market

Market Analysis and Insights: Middle East and Africa Vanilla Beans and Extract Market

The vanilla beans and extract market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 2.8% in the forecast period of 2021 to 2028 and is expected to reach USD 41,168.83 thousand by 2028. The increase in demand for vanilla beans and extracts in various industries is expected to drive the vanilla beans and extract market.

Vanilla is a spice derived from the orchids of the genus vanilla. It is widely cultivated in various regions across the world. Moreover, Madagascar, Mexico and Indonesia are leading in the production of vanilla beans. Basically, vanilla flavor is extracted from the vanilla beans which are named as natural vanilla extract in the market. However, the demand for vanilla flavor is rising promptly among consumers which further lead the vanilla processor to produce synthetic vanilla extract from the renewable resource.

The rise in import of vanilla beans and extracts in developing countries is anticipated to fuel the growth of the vanilla beans and extract market. Several government regulations on production of synthetic vanilla extracts are expected to act as a restraint for the growth of the vanilla beans and extract market. Growing demand for synthetic vanilla extracts is expected to act as an opportunity for the vanilla beans and extract market. The availability of substitute’s products in the market is expected to challenge the vanilla beans and extract market growth.

This vanilla beans and extract market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the vanilla beans and extract market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Middle East and Africa Vanilla Beans and Extract Market

Vanilla Beans and Extract Market Scope and Market Size

The vanilla beans and extract market is segmented into six segments which are based on the type, grades, origin, form, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the vanilla beans and extract market is segmented into Madagascar, Mexican, Indian, Indonesian, Tahitian, Tonga, Papua, Ugandan and others. In 2021, Madagascar segment in vanilla beans and extract has the largest share in the market owing to the factor such as high production and consumption.
  • On the basis of grades, the vanilla beans and extract market is segmented into grade A, grade B and others. In 2021, grade A segment in vanilla beans and extract has the largest market share owing to its highest quality and rich flavor profile.
  • On the basis of origin, the vanilla beans and extract market is segmented into natural and synthetic. In 2021, synthetic segment in vanilla beans and extract has the largest market share due to the increasing demand across various industries.
  • On the basis of form, the vanilla beans and extract market is segmented into liquid, powder and paste. In 2021, liquid segment in vanilla beans and extract has the largest market share as it is widely used in food and bakery industry.
  • On the basis of distribution channel, the vanilla beans and extract market is segmented into B2B and B2C. In 2021, B2C segment in vanilla beans and extract has the largest market as the consumption of vanilla beans and extract is increasing among customers.
  • On the basis of end user, the vanilla beans and extract market is segmented into food industry, beverages, personal care products, pharmaceuticals industry, home cooking and others. In 2021, food industry segment in vanilla beans and extract has the largest market share as it is extensively used in preparation of bakery, confectionery and dairy based products.

Middle East and Africa Vanilla Beans and Extract Market Country Level Analysis

Middle East and Africa vanilla beans and extract market is analyzed and market size information is provided by the country, type, grades, origin, form, end user and distribution channel as referenced above.  

The countries covered in the Middle East and Africa vanilla beans and extract market report are the South Africa, Egypt, Saudi Arabia, UAE, Israel and rest of Middle East and Africa.

South Africa is expected to dominate in the Middle East and Africa vanilla beans and extract market owing to the growing production of the natural vanilla in African countries and increase in the application of the vanilla among consumers.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Business Expansion for Future Growth is an Opportunity for Middle East and Africa Vanilla Beans and Extract Market

The vanilla beans and extract market also provides you with detailed market analysis for every country growth in particular industry with vanilla beans and extract sales, impact of business expansion in the vanilla beans and extract and changes in regulatory scenarios with their support for the vanilla beans and extract market. The data is available for historic period 2010 to 2019.

Competitive Landscape and Vanilla Beans and Extract Market Share Analysis

The vanilla beans and extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and source lifeline curve. The above data points provided are only related to the company’s focus related to Middle East and Africa vanilla beans and extract market.

The major players covered in the Middle East and Africa vanilla beans and extract market report are ADM, Nielsen-Massey Vanillas, Inc., Kerry, AUST & HACHMANN (Canada) Ltd., Symrise, Givaudan, Firmenich SA, Solvay, Akras, Sensient Technologies Corporation, International Flavors & Fragrances Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product developments are also initiated by the companies worldwide which are also accelerating the growth of the vanilla beans and extract market.

For instance,

  • In January 2020, ADM acquired Yerbalatina Phytoactives, a leading manufacturer of plant-based extracts and ingredients. This acquisition has expanded ADM’s business in Brazil and strengthens its position in the health & wellness market.

Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for vanilla beans and extract through expanded range of size. 


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