Vanilla is a spice derived from orchids of the genus Vanilla, primarily obtained from pods of the Mexican species, flat-leaved vanilla. It is widely used to flavor foods and beverages. It is also used in medicines and fragrances. According to latest analysis by Our Company, the global Vanilla Market was USD 1,388 million in 2021 and is expected to reach USD 1,927 million in 2028 and register a CAGR of 4.8% during the forecast period, 2022-2028.