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In the Mexican city that once perfumed the world, a push to revive vanilla

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TEL AVIV, July 25 In his busy Tel Aviv restaurant, chef Yair Yosefi adds a magic ingredient to his signature cake: Israel’s first commercially produced vanilla providing what.

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Worldwide Vanillin Industry to 2024 - Mounting Penetration in the Pharmaceutical Sector is Driving Growth

Share this article Share this article ResearchAndMarkets.com s offering. The global vanillin market is anticipated to reach US$706.15 million in 2024, growing at a CAGR of 5.12% for the period spanning 2020-2024. The growth of the market has been driven by a growing population, mounting penetration of vanillin in the pharmaceutical sector, increasing prevalence of psoriasis, accelerating sales of packaged food, expanding urbanization and rising disposable income. However, growth of the market would be challenged by high prices of vanillin, limited availability of vanilla pods and stringent government regulations. Some of the noteworthy trends of the market include upsurge in cigarette consumption, surging consumption of ice creams, upsurge in cosmetics manufacturing and declining tobacco price.

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