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Global Fenugreek Seed Extract Market Expected to Grow at a CAGR of 10% During 2021-2026, Aided by the Rising Health Awareness

Fenugreek Seed Extract Market

Global Fenugreek Seed Extract Market Size, Share, Forecast: By Nature: Organic, Conventional; By Form: Liquid, Powder, By Sales Channel: Direct, Indirect; By End Use: Pharmaceuticals, Cosmetics, Food and Beverage, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Fenugreek Seed Extract Market Outlook

The global fenugreek seed extract market is expected to grow at a CAGR of 10% in the forecast period of 2024-2032.

 

Global Fenugreek Seed Extract Market

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Growing Awareness About Health Benefits of Fenugreek Seed Extract to Boost the Market Growth

Region-wise, the North America region is predicted to hold a significant market share of fenugreek seed extract in the forecast period. This could be attributed to the rising consumption of ethnic flavored herbs and spices among consumers in the region. Further, growing awareness about the health benefits of consuming fenugreek seed extract boosted by the introduction of various new health diets is supporting the market growth. Meanwhile, the Asia Pacific region is expected to witness robust growth over the forecast period, owing to rapid urbanization, inflating disposable incomes, and high government expenditure on healthcare. In addition, the growing demand for skin care products containing herbal and natural ingredient products are gaining traction in this region, thereby boosting the market growth.

 

Fenugreek Seed Extract: Market Segmentation

The fenugreek seed extract is derived from processing many fenugreek seeds picked out from the fenugreek plant. It can be used in many possible ways, such as an emulsifier, a spice, and a flavoring agent in food items.

 

Global Fenugreek Seed Extract Market By End Use

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By nature, the market is bifurcated into:

  • Organic
  • Conventional

Based on form, the market is divided into:

  • Powder
  • Liquid

On the basis of sales channel, the market is segmented into:

  • Direct
  • Indirect

By end-use, the market is divided into:

  • Pharmaceuticals
  • Cosmetics
  • Food and Beverage
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Fenugreek Seed Extract Market By Region

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Rising Government Initiatives to Boost the Market Growth of Fenugreek Seed Extract

The increasing health awareness among the emerging economies like India, China, South Korea, in recent years, is driving the market growth. Governments in the emerging economies have undertaken many initiatives, such as mass media campaigns, health fairs, and endorsements related to health in numerous communication channels to increase awareness about healthy living. Changes in dietary patterns, including increasing demand by athletes for health supplements, will aid in the market growth of global fenugreek seed extract. The rising ubiquity of type 2 diabetes will aid the growth of fenugreek seed extract industry over the coming years. Certain factors such as rising expenditure on personal care products, coupled with rising concerns about ingredients and chemicals used in the cosmetics are also expected to boost the fenugreek seed extract market.

 

Key Industry Players in the Global Fenugreek Seed Extract Market

The report gives a detailed analysis of the following key players in the global fenugreek seed extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ambe Phytoextracts Pvt. Ltd.
  • Bio Botanica, Inc.
  • Naturalin Bio-Resources Co., Ltd
  • Nutra Green Biotechnology
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Form, Sales Channel, End Use, Region
Breakup by Nature Organic, Conventional
Breakup by Form Liquid, Powder
Breakup by Sales Channel Direct, Indirect
Breakup by End Use Pharmaceuticals, Cosmetics, Food and Beverage, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Ambe Phytoextracts Pvt. Ltd., Bio Botanica, Inc., Naturalin Bio-Resources Co., Ltd., Nutra Green Biotechnology Co.,Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Fenugreek Seed Extract Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Fenugreek Seed Extract Historical Market (2018-2023) 
    8.3    Global Fenugreek Seed Extract Market Forecast (2024-2032)
    8.4    Global Fenugreek Seed Extract Market by Nature
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Fenugreek Seed Extract Market by Form
        8.5.1    Liquid
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Powder
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Fenugreek Seed Extract Market by Sales Channel
        8.6.1    Direct
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Indirect
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Fenugreek Seed Extract Market by End Use
        8.7.1    Pharmaceuticals 
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Cosmetics
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Food and Beverage
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Others
    8.8    Global Fenugreek Seed Extract Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Fenugreek Seed Extract Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Fenugreek Seed Extract Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Fenugreek Seed Extract Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Fenugreek Seed Extract Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Fenugreek  Seed Extract Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2013-2021) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2013-2021) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2013-2021) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2013-2021) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Ambe Phytoextracts Pvt. Ltd.   
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Bio Botanica, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Naturalin Bio-Resources Co., Ltd. 
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Nutra Green Biotechnology Co.,Ltd. 
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Fenugreek Seed Extract Market: Key Industry Highlights, 2018 and 2032
2.    Global Fenugreek Seed Extract Historical Market: Breakup by Nature (USD Billion), 2018-2023
3.    Global Fenugreek Seed Extract Market Forecast: Breakup by Nature (USD Billion), 2024-2032
4.    Global Fenugreek Seed Extract Historical Market: Breakup by Form (USD Billion), 2018-2023
5.    Global Fenugreek Seed Extract Market Forecast: Breakup by Form (USD Billion), 2024-2032
6.    Global Fenugreek Seed Extract Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Fenugreek Seed Extract Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Fenugreek Seed Extract Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Fenugreek Seed Extract Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Fenugreek Seed Extract Market Structure

Key Questions Answered in the Report

What is the growth rate of the global fenugreek seed extract market?

The global fenugreek seed extract market is projected to grow at a CAGR of 10% between 2024 and 2032.

What are the major industry drivers?

The major drivers of the market include the changes in dietary patterns, increasing demand by athletes for health supplements, rising ubiquity of type 2 diabetes, rising expenditure on personal care products, rising concerns about ingredients and chemicals used in the cosmetics, rising consumption of ethnic flavoured herbs and spices, rapid urbanisation, and inflating disposable incomes.

What are the key industry trends of the global fenugreek seed extract market?

The increasing health awareness among the emerging economies and rising government initiatives are the key industry trends propelling the market's growth.

What are the major regional markets of fenugreek seed extract, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the segments based on nature in the market?

Based on nature, fenugreek seed extracts are classified into organic and conventional.

What are the forms of fenugreek seed extract in the market?

Powder and liquid are the forms of fenugreek seed extract in the market.

What are the various sales channels of the market?

Direct and indirect are the various sales channels of the market.

What is the end-use of the market?

By end-use, the market is divided into pharmaceuticals, cosmetics, food and beverage, among others.

Who are the key industry players, according to the report?

The major players in the industry are Ambe Phytoextracts Pvt. Ltd., Bio Botanica, Inc., Naturalin Bio-Resources Co., Ltd., and Nutra Green Biotechnology Co., Ltd., among others.

Analyst Review

The global fenugreek seed extract market was driven by the increasing health awareness among the emerging economies in the historical period. Aided by changes in dietary patterns and rising government initiatives, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 10%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, fenugreek seed extracts are classified into organic and conventional. Powder and liquid are the forms of fenugreek seed extract in the market. Direct and indirect are the various sales channels of the market. By end-use, the market is divided into pharmaceuticals, cosmetics, food and beverage, among others. The major regional markets for fenugreek seed extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Ambe Phytoextracts Pvt. Ltd., Bio Botanica, Inc., Naturalin Bio-Resources Co., Ltd., and Nutra Green Biotechnology Co., Ltd., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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