Vanillin market was valued at USD 8.32 billion in 2021 and is expected to reach the value of USD 15.34 billion by 2029, at a CAGR of 7.95% during the forecast period of 2022 to 2029.

Vanillin is utilized widely for improving character and smell in the worldwide food and refreshment industry, particularly in pastry shop items, candy parlors, frozen yogurts, bread rolls, confections, chocolates and different items.