Vanilla Bean: Flavor of the Season for Vegan Beverages

Vanilla Bean Marekt

Ice-cream makers and bakers are paying heavy prices for vanilla beans. The unfortunate soaring prices of vanilla beans have crossed prices of silver and leads the product being witnessed as some small-batch in bakeries and ice-cream shops. Apart from this, the coffee corporations are making notable strides for better catering to the plant-based patrons. Most of the vanilla producers across the world are taking immense efforts in working with farmers growing vanilla bean in regions such as Indonesia, Uganda, Mexico and Madagascar, thereby providing better transparency in the food ingredient products.

Vanilla Bean – Plant-Based Espresso Beverage Introduced by Starbucks

Starbucks recently added new cold beverage to its vegan menu. The all-new Iced Vanilla Bean Coconut milk Latte is considered as a special plant-based espresso beverage that is likely to gain attention of the vegetarian and vegan consumers in 2019. The development of this new vanilla bean induced beverage is a part of the brand’s initiative towards catering to the growing needs of innovative plant-based options by its customer-base. The vanilla bean beverage is free of syrups and most of all, the company is witnessed as embracing non-dairy milks for creating special beverages, which in turn would be appealing to the ever-increasing vanilla bean market as well as plant-based consumers, especially the ones planning to avoid dairy.

Ice-Cream Shops Grapple with Soaring Prices of Vanilla Bean

Vanilla bean growers are witnessed racing for cash before vanilla thieves strip and strike their vines bare. With soaring prices of vanilla bean, businesses are increasing their focus towards developing different forms of ingredients for keeping the prices reasonable. In nations such as Madagascar in East Africa, which produces nearly 80% of the world’s vanilla recently witnessed Cyclone Enawo, thereby destroying vanilla bean crop and resulting in skyrocketing costs. Most of the world’s high-quality vanilla bean comes from Madagascar. However, in order to deal with the soaring prices of vanilla bean, the nation’s ice-cream makers eliminated the usage of vanilla beans and shifted to vanilla extraction and vanilla bean paste.

Apart from this, in New England, Maine ice cream makers are still grappling with ongoing grim reality for vanilla bean market. Vanilla bean market uncertainties and fluctuations are influencing ice-cream makers to change their practices and shift towards vanilla extracts. Maine ice cream makers are having their customers experiencing Maine Sweet Cream, which is a flavor that eliminates the need for globally sought after or any scare substance for formulation.

Vanilla Bean Product Recalls Fearing High Listeria Contamination

An ice-cream maker in Detroit has recalled its two flavors Choc Choc Chunk and vanilla bean as it holds high potential listeria contamination. Listeria monocytogenes can result in infection and listeriosis. Most of all, the infection is probable to sicken newborns and pregnant women, adults aged 65 or more as well as individuals with weak immune systems.

Florida’s Next Commercial Crop: Vanilla Bean

U.S. is the world’s leading region in imported vanilla beans. Researchers of University of Florida are exploring possibilities for making reality for the U.S. consumers and local growers demanding new alternative crop choice, due to tropical climates of the South Florida. Farmers in Florida are planning to focus on vanilla beans and extracts that in order to leverage its potential as profitable secondary crop. Vanilla bean is expected to prove lucrative for Florida’s agriculture in the forthcoming years with growing opportunities in formulating new flavor combinations and helps in adding income by means of agritourism. Most of all, production of vanilla beans in Florida is likely to open up niche economy for the state, thereby diversifying its agricultural offerings.

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About Shambhu Nath Jha 9 Articles
Shambhu Nath Jha with an experience nearing a decade, has helped over 50 large and medium to small business enterprise to foray into new markets, increase footprint in the existing bucket and understand the nature of the beast. These beasts are the companies that have been primarily engaged in chemicals, material or packaging activities, and encountering challenge either in maintain P&L or staying ahead of their competitors. He has authored over 300 industry research papers consisting critical information such as market growth, total addressable market, serviceable addressable market, market size, forecast, player strategies, market share estimates and winning imperatives along with recommendations. He is also the pioneer of “three slope distributor/off-taker evaluation model” used by several multinational companies to track the performance of channel partners. A consultant by profession, writer by mood and explorer by desire, Shambhu Nath is currently employed with a London based market research and consulting firm as a full time consultant. A few of the industry verticals where he demonstrated his skill includes water and wastewater treatment chemicals, high purity alumina, water purifiers, activated carbon, chloramine filters, bio-based bioplastics, water purifiers, textile chemicals etc.