The global vanilla market is witnessing steady expansion, driven by evolving consumer preferences toward natural flavors, organic food products, and premium bakery offerings. Valued at US$ 962.3 million in 2022, the industry is projected to grow at a CAGR of 5.1% from 2023 to 2031, reaching an estimated US$ 1.5 billion by the end of 2031. Vanilla’s unique flavor profile, pleasant aroma,...
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