Global market valuation was derived through production volume mapping and revenue analysis across the value chain. The methodology included:
Identification of 60+ key stakeholders across Madagascar, Indonesia, Mexico, Papua New Guinea, Uganda, India, and other producing regions
Product mapping across natural vanilla beans (Bourbon, Tahitian, Mexican varieties), organic certified beans, synthetic vanillin, and alternative natural flavors
Analysis of reported and modeled annual revenues specific to vanilla bean portfolios from raw material suppliers to finished flavor manufacturers
Coverage of stakeholders representing 75-80% of global market share in 2024
Extrapolation using bottom-up (production volume × farm-gate/FOB/retail pricing by grade and origin) and top-down (processor and flavor house revenue validation) approaches to derive segment-specific valuations for whole beans, powder, and extract forms across food industry, household, and perfume and fragrance industry end uses