date:Jan 06, 2020
et study
Madagascar is the leading producer of vanilla beans, fulfilling 80% of the worlds demand for vanilla beans. It is also the leading exporter of vanilla beans across the globe as Madagascar Bourbon vanilla is widely used for the production of pure vanilla extract.
North America and Europe account for more than 60% of market share in the global pure vanilla extract market, owing to the increasing demand for pure vanilla over synthetic one in the regions.
Being a much-loved flavour, vanil