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OverviewAPI
The global vanilla market is set to expand from USD 1.02 billion in 2023 to USD 1.64 billion by 2033, fueled by the surge in demand for organic flavors and the medicinal attributes of vanilla. Madagascar vanilla, particularly in powder form, is poised to spearhead this growth. North America is foreseen to lead the market, with Asia Pacific showing rapid growth due to increased demand in the dairy sector.

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