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Vanilla Market 2019Vanilla is the fruit of a thick green orchid vine (v. planifolia) that grows wild on the edge of the Mexican tropical forests. The vines, when grown wild, will grow up to the top of tall trees in the jungle. Commercially, the vines are pruned for a few reasons. One is that the vines will not flower until they stop growing. And two, the vines need to be at a height where workers can reach them. Once the vines stop growing they produce clusters of buds that eventually develop into orchids, up to 1000 flowers for one vine. Not all the flowers are hand pollinated though. They are thinned out so as to guarantee good quality beans, albeit fewer in quantity. After hand pollination, the flowers develop into long thin green pods or beans that can grow up to 12 inches (30 cm) long. Average length is about 8 inches long. These tasteless and odorless green pods are hand-picked when they are still not ripe and then the fermentation process begins. The beans are first plunged into hot water and then the 'drying' and 'sweating' process starts. The beans are dried in the sun during the day and then wrapped in the blankets at night so they can sweat. This process can last anywhere from 2 to 6 months until the beans become a very dark brown color and develop a white crystalline substance (or frost) on the outside of the bean, called vanillin. The vanillin is what gives the beans their wonderful flavor and aroma and these beans are prized. At this point the beans are aged to bring out their full flavor, and this can take up to two years. Once dried and cured the vanilla pods need to be kept airtight to retain their wonderful flavor.
Scope of the Report:
In 2015, global Vanilla production reaches 282.6 tons, reduced by 2.92% compared with the production in 2011. However, the demand for vanilla is larger than production. And the reason why the production is smaller is that the raw materials suppliers Madagascar and Indonesia have a Yield reduction.
In 2015 Madagascar experienced poor flowering and a very small vanilla bean crop. So the price of Vanilla bean which is raw materials of vanilla products will increase, thus the price of vanilla products will increase in some way.
The market competition is intensive because currently there is huge number of enterprises that engaged in Vanilla Bean business. The technology of Vanilla is not that advanced; so the involved of enterprises have paid more attention on the technology of Vanilla to gain more market share. In the last ten years significant efforts have been made for commercial exploitation of Vanilla through the use of synthetic technique.
The worldwide market for Vanilla is expected to grow at a CAGR of roughly 5.5% over the next five years, will reach 90 million US$ in 2024, from 65 million US$ in 2019.
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Market Segment by Manufacturers, this report covers
Lochhead Manufacturing Co
Spice Jungle
Vanilla Queen
David Michael & Co
Heilala Vanilla
Venui Vanilla
Nielsen-Massey
Blue Cattle Truck
Sonoma Syrup Company
Hawaiian Vanilla Company
Frontier
Singing Dog
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Extract
Powder
Paste
Market Segment by Applications, can be divided into
Retail
Food service
Cosmetic
Pharma
Other
Complete Report Details @ https://www.wiseguyreports.com/reports/3747824-global-vanilla-market-2019-by-manufacturers-regions-type
Table of Contents –Analysis of Key Points
1 Market Overview
1.1 Vanilla Introduction
1.2 Market Analysis by Type
1.2.1 Extract
1.2.2 Powder
1.2.3 Paste
1.3 Market Analysis by Applications
1.3.1 Retail
1.3.2 Food service
1.3.3 Cosmetic
1.3.4 Pharma
1.3.5 Other
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.4 South America, Middle East and Africa
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Lochhead Manufacturing Co
2.1.1 Business Overview
2.1.2 Vanilla Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Lochhead Manufacturing Co Vanilla Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Spice Jungle
2.2.1 Business Overview
2.2.2 Vanilla Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Spice Jungle Vanilla Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Vanilla Queen
2.3.1 Business Overview
2.3.2 Vanilla Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Vanilla Queen Vanilla Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 David Michael & Co
2.4.1 Business Overview
2.4.2 Vanilla Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 David Michael & Co Vanilla Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Heilala Vanilla
2.5.1 Business Overview
2.5.2 Vanilla Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Heilala Vanilla Vanilla Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
Continued…..
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