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LAMEA Vanilla Oil Market Size, Share & Trends Analysis Report By Packaging (Drums, Cans, and Others), By End-use Industry (Personal Care, Food & Beverage, Healthcare, Home & Cleaning, and Others), By Type, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 139 Pages
  • August 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5992253
The Latin America, Middle East and Africa Vanilla Oil Market would witness market growth of 6.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 281.08 tonnes, showcasing a growth of 5.7% (2024-2031).

The Home and Cleaning end-use industry utilizes vanilla oil for its pleasant and calming fragrance, which enhances the ambiance of residential spaces. Vanilla oil is often incorporated into air fresheners, candles, and diffusers to create a warm and inviting atmosphere. Its natural scent is favored for its ability to neutralize odors and provide a soothing aroma that promotes relaxation. In cleaning products, vanilla oil is used for its aromatic qualities and potential antimicrobial properties, adding a pleasing fragrance to household cleaners and disinfectants. Consequently, in Argentina, 4.05 tonnes of vanilla oil is expected to be utilized by Home and Cleaning industry by the year 2031.



The Brazil market dominated the LAMEA Vanilla Oil Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29.9 Million by 2031. The Argentina market is capturing a CAGR of 7.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 5.4% during (2024 - 2031).

Vanilla oil is becoming a key ingredient in gourmet and artisanal food products. The trend toward high-end culinary experiences and artisanal craftsmanship has increased demand for premium vanilla oil in specialty foods and beverages. The rise of home baking and cooking has increased the demand for high-quality vanilla oil. Consumers exploring baking as a hobby seek premium ingredients, including vanilla oil, to enhance the flavour and quality of their homemade creations.

Advances in extraction techniques, product development, and sustainability practices drive innovation in the vanilla oil market. These innovations enhance vanilla oil's quality, versatility, and appeal, addressing both consumer demands and industry challenges. One of the most significant innovations in vanilla oil production is CO2 extraction. This method involves using supercritical carbon dioxide as a solvent to extract vanilla oil from beans. CO2 extraction is favoured for producing high-purity vanilla oil without leaving any residual solvents. It also preserves the delicate flavour compounds of vanilla, resulting in a more potent and aromatic oil.

The UAE hosts numerous high-profile events, including international conferences, exhibitions, and royal banquets. These events often feature gourmet catering services that use vanilla oil in various dishes and desserts to impress guests and create memorable dining experiences. Vanilla oil is used in catering for weddings and special celebrations, where premium and customized food options are in demand. The use of vanilla oil in bespoke desserts and treats adds a touch of luxury and elegance to these occasions. In conclusion, rising food processing industry and expansion of the tourism sector is driving the growth of the market.

Based on Packaging, the market is segmented into Drums, Cans, and Others. Based on End-use Industry, the market is segmented into Personal Care, Food & Beverage, Healthcare, Home & Cleaning, and Others. Based on Type, the market is segmented into Synthetic Vanilla Oil, Natural Vanilla Oil, and Vanilla Absolute. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Amana Fragrances
  • Givaudan S.A.
  • Robertet S.A
  • Virginia Dare Extract Company
  • Symrise AG
  • International Flavors & Fragrances, Inc. (Frutarom)
  • Nielsen-Massey Vanillas, Inc.
  • Boston Vanilla Bean Company
  • Archer Daniels Midland Company (Rodelle Inc.)

Market Report Segmentation

By Packaging (Volume, Tonnes, USD Billion, 2020-2031)
  • Drums
  • Cans
  • Others
By End-use Industry (Volume, Tonnes, USD Billion, 2020-2031)
  • Personal Care
  • Food & Beverage
  • Healthcare
  • Home & Cleaning
  • Others
By Type (Volume, Tonnes, USD Billion, 2020-2031)
  • Synthetic Vanilla Oil
  • Natural Vanilla Oil
  • Vanilla Absolute
By Country (Volume, Tonnes, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vanilla Oil Market, by Packaging
1.4.2 LAMEA Vanilla Oil Market, by End-use Industry
1.4.3 LAMEA Vanilla Oil Market, by Type
1.4.4 LAMEA Vanilla Oil Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Vanilla Oil Market by Packaging
4.1 LAMEA Drums Market by Country
4.2 LAMEA Cans Market by Country
4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Vanilla Oil Market by End-use Industry
5.1 LAMEA Personal Care Market by Country
5.2 LAMEA Food & Beverage Market by Country
5.3 LAMEA Healthcare Market by Country
5.4 LAMEA Home & Cleaning Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Vanilla Oil Market by Type
6.1 LAMEA Synthetic Vanilla Oil Market by Country
6.2 LAMEA Natural Vanilla Oil Market by Country
6.3 LAMEA Vanilla Absolute Market by Country
Chapter 7. LAMEA Vanilla Oil Market by Country
7.1 Brazil Vanilla Oil Market
7.1.1 Brazil Vanilla Oil Market by Packaging
7.1.2 Brazil Vanilla Oil Market by End-use Industry
7.1.3 Brazil Vanilla Oil Market by Type
7.2 Argentina Vanilla Oil Market
7.2.1 Argentina Vanilla Oil Market by Packaging
7.2.2 Argentina Vanilla Oil Market by End-use Industry
7.2.3 Argentina Vanilla Oil Market by Type
7.3 UAE Vanilla Oil Market
7.3.1 UAE Vanilla Oil Market by Packaging
7.3.2 UAE Vanilla Oil Market by End-use Industry
7.3.3 UAE Vanilla Oil Market by Type
7.4 Saudi Arabia Vanilla Oil Market
7.4.1 Saudi Arabia Vanilla Oil Market by Packaging
7.4.2 Saudi Arabia Vanilla Oil Market by End-use Industry
7.4.3 Saudi Arabia Vanilla Oil Market by Type
7.5 South Africa Vanilla Oil Market
7.5.1 South Africa Vanilla Oil Market by Packaging
7.5.2 South Africa Vanilla Oil Market by End-use Industry
7.5.3 South Africa Vanilla Oil Market by Type
7.6 Nigeria Vanilla Oil Market
7.6.1 Nigeria Vanilla Oil Market by Packaging
7.6.2 Nigeria Vanilla Oil Market by End-use Industry
7.6.3 Nigeria Vanilla Oil Market by Type
7.7 Rest of LAMEA Vanilla Oil Market
7.7.1 Rest of LAMEA Vanilla Oil Market by Packaging
7.7.2 Rest of LAMEA Vanilla Oil Market by End-use Industry
7.7.3 Rest of LAMEA Vanilla Oil Market by Type
Chapter 8. Company Profiles
8.1 Amana Fragrances
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Givaudan S.A.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Robertet S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.4 Virginia Dare Extract Company
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Symrise AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 International Flavors & Fragrances, Inc. (Frutarom)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Nielsen-Massey Vanillas, Inc.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Boston Vanilla Bean Company
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Archer Daniels Midland (Rodelle Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis

Companies Mentioned

  • Amana Fragrances
  • Givaudan S.A.
  • Robertet S.A
  • Virginia Dare Extract Company
  • Symrise AG
  • International Flavors & Fragrances, Inc. (Frutarom)
  • Nielsen-Massey Vanillas, Inc.
  • Boston Vanilla Bean Company
  • Archer Daniels Midland Company (Rodelle Inc.)

Methodology

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