Global Vanilla Bean Market Report 2024: A US$1.79 Billion Market by 2029 - Growing Demand in the Food and Pharmaceutical Industry Propels Vanilla Bean Market Growth [Yahoo! Finance]
Archer-Daniels-Midland Company (ADM)
Last archer-daniels-midland company earnings: 4/29 04:05 pm
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Source: Yahoo! Finance
The vanilla bean market is projected to grow at a CAGR of 7.26% over the forecast period, increasing from US$1.09 billion in 2022 to US$1.79 billion by 2029. Vanilla beans are utilized extensively in the food and beverage, cosmetics, and pharmaceutical sectors due to their antioxidants and anti-carcinogenic properties. North America has experienced an increase in demand for vanilla-flavoured food, ice creams, cosmetics, and medications, driving the vanilla bean market. The demand for flavoured foods and beverages has been rising along with the population, which will ultimately fuel market expansion. In the vanilla bean industry, the pharmaceutical industry emerges as a major player. Vanilla is becoming more and more well-known in the pharmaceutical industry. This is mainly because vanilla is showcasing its powerful anti-cancer and antioxidant properties. The pharmaceutical industry is now paying more attention to vanilla as a result of this discovery. The market for vanilla beans w
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- Global Market for Botanical Ingredients to Progress at a 7.3% CAGR from 2024 to 2034, reaching US$ 374.84 Billion: Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
ADM
Earnings
- 4/30/24 - Beat
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Sec Filings
- 4/30/24 - Form DEFA14A
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- ADM's page on the SEC website