Fenugreek Seed Extract Market size
is projected to reach USD 13.05 Million units by 2027 from an estimated USD
5.48 Million units in 2019, growing at a CAGR of 13.4% globally.
Fenugreek Seed Extract is a derivative obtained from a
series of processing of fenugreek seeds. Fenugreek seed extract and oil are
known to possess antioxidant, antidiabetic, antimicrobial, and antitumorigenic
properties. Fenugreek Seed Extract is used as a thickening agent and an
emulsifier. It is also used as a spice and flavoring agent in food preparation.
Fenugreek is gaining importance both in food and medicines.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
The Major Players In The Fenugreek
Seed Extract Market Include:
Alfrebro, Arjuna Natural Extracts,
Naturalin Bio-Resources Co.Ltd, Shank’s extracts, Bio-Botanica, Nutra Green
Biotechnology, Ambe Phytoextracts, Shaanxi Jory herb Biotechnology Co. Ltd.,
Xi’an Lyphar Biotech Co. Ltd., Garlic Industries Ltd., P.C. Kannan &Co.,
Amazon Spices Pvt Ltd., Avikara Foodstuff Trading LLC., Xi’an Mekeem Cosmetics
Ltd., Indus Biotech, Nutra Green Biotechnology, Ambe Phytoextracts, Unique
Organics, Hunan Nature Biotechnology
Fenugreek
Seed Extract Market report
covers a detailed analysis of current and upcoming market trends, company
market shares, market projections, competitive benchmarking, competition
mapping, and in-depth research of the most significant sustainability
strategies and their impact on industry growth and competition. The research
was conducted using a combination of primary and secondary data, as well
as input from leading industry players.
Market has segmented the global
Fenugreek Seed Extract market on the basis of type, application, and region:
The Fenugreek Seed Extract market is
segmented by type and application. Growth between segments over the period
2022-2028 provides accurate calculations and forecasts of revenue by type and
application in terms of volume and value. This analysis can help you expand
your business by targeting eligible niches.
By Type:
Powder, Liquid
By Application:
Food and Beverages,
Pharmaceuticals, Cosmetics and Personal Care, Others
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols range from declaring national emergency states, enforcing stay-at-home
orders, closing nonessential business operations and schools, banning public
gatherings, imposing curfews, distributing digital passes, and allowing police
to restrict citizen movements within a country, as well as closing
international borders. With the growing vaccination rate, governments are
uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Fenugreek Seed Extract Market has experienced a slowdown the
growth, however, the market is expected to bounce back as restrictions are
being lifted up by governments across the globe.
Key
Data Points Covered in the Report
Some
of the critical data points covered in Fenugreek Seed Extract report include: