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Global Fenugreek Seed Extract Market: By Nature; By Form: Liquid, Powder, By Sales Channel: Direct, Indirect; By End Use: Pharmaceuticals, Cosmetics, Food and Beverage; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
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 2023-2028.
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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.
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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.
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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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 (2018-2022)
8.3 Global Fenugreek Seed Extract Market Forecast (2023-2028)
8.4 Global Fenugreek Seed Extract Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Fenugreek Seed Extract Market by Form
8.5.1 Liquid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Powder
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Fenugreek Seed Extract Market by Sales Channel
8.6.1 Direct
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Indirect
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Fenugreek Seed Extract Market by End Use
8.7.1 Pharmaceuticals
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Cosmetics
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Food and Beverage
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Others
8.8 Global Fenugreek Seed Extract Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Fenugreek Seed Extract Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Fenugreek Seed Extract Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Fenugreek Seed Extract Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Fenugreek Seed Extract Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Fenugreek Seed Extract Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2013-2021)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2013-2021)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2013-2021)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2013-2021)
13.4.3 Forecast Trend (2023-2028)
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 (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
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 2028
2. Global Fenugreek Seed Extract Historical Market: Breakup by Nature (USD Billion), 2018-2022
3. Global Fenugreek Seed Extract Market Forecast: Breakup by Nature (USD Billion), 2023-2028
4. Global Fenugreek Seed Extract Historical Market: Breakup by Form (USD Billion), 2018-2022
5. Global Fenugreek Seed Extract Market Forecast: Breakup by Form (USD Billion), 2023-2028
6. Global Fenugreek Seed Extract Historical Market: Breakup by End Use (USD Billion), 2018-2022
7. Global Fenugreek Seed Extract Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8. Global Fenugreek Seed Extract Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Fenugreek Seed Extract Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Fenugreek Seed Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Fenugreek Seed Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
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
The global fenugreek seed extract market is projected to grow at a CAGR of 10% between 2023 and 2028.
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.
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 2023-2028, 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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