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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

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.

Key Highlights of the Report

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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

Fenugreek Seed Extract Market Report Snapshots

Fenugreek Seed Extract Market Size

Fenugreek Seed Extract Market Growth

Fenugreek Seed Extract Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

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

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.

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

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

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 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.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124