Due to their strict laws and regulations for bio-based products, food regulatory agencies in the U.S. and Europe have helped the market for biovanillin flourish. Bio vanillin has a funny scent and has little to no health risks to people. The main factor driving the growth of the Bio Vanillin Market has been the widespread adoption of bio vanillin due to its natural label over synthetic vanillin products. Over the projection period, an increase in the food and beverage industries has fueled demand for bio vanillin. Only 2 to 3% of the world's vanillin market is made up of natural or bio vanillin, which is significantly more expensive than synthetic vanillin. Chemical industries are growing quickly to replace synthetic materials with renewable ones.
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