Market Overview:
The global fenugreek fiber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic fenugreek fiber from food and beverage industry, cosmetics and personal care industry, and others. North America is expected to dominate the global fenugreek fiber market during the forecast period owing to high demand for organic products in this region. Asia Pacific is projected to be fastest growing region in terms of CAGR during the forecast period owing to rising awareness about benefits of consuming natural ingredients among consumers coupled with increasing disposable income levels in countries such as China and India.
Product Definition:
Fenugreek Fiber is a soluble fiber that is derived from the Fenugreek plant. It has been shown to help regulate blood sugar levels, reduce inflammation, and improve digestion. Fenugreek Fiber can be found in supplement form, or it can be added to foods like oatmeal or yogurt.
Organic Fenugreek Fiber:
Organic Fenugreek Fiber, also known as Trigonella fenugreek or simply fenugreeK, is a type of organic plant fiber which is gaining importance in the food and beverage industry. It has high demand in the textile industry for manufacturing traditional fabric used for making sacks and bags. The product also finds application in papermaking where it acts as an important ingredient to improve ink viscosity by increasing its concentration.
Conventional Fenugreek Fiber:
Conventional Fenugreek Fiber is the part of fenugreek seeds and it is used in various food products like bakery, confectionery, dairy & non-dairy beverages. It has a sweet taste and aroma similar to sugar. The fiber extracted from the seed acts as an excellent thickening agent for sauces, soups and gravies. It also helps in reducing cholesterol levels by improving the function of good bacteria in the gut.
Application Insights:
The others segment dominated the global market in terms of revenue in 2017. This is attributed to the high demand from various industries such as pharmaceutical, food and beverage, cosmetics and personal care. Food and beverage industry was the largest consumer of fenugreek fiber in 2017 owing to its ability to reduce blood sugar levels, improve metabolism rate thereby promoting weight loss.
Cosmetics & personal care industry is anticipated to be one of the fastest-growing segments over the forecast period due largelyto increasing awareness regarding healthy skin and hair coupled with growing preference for organic products among consumers globally. Rising demand for herbal cosmetic products that provide anti-aging benefits along with improved skin texture is also expected drive product demand over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers in countries, such as India, Pakistan, China and Bangladesh has positively influenced regional growth. Asia Pacific was followed by North America which accounted for a share of more than 20% in 2017 owing to high demand from end-use industries including food and beverages, cosmetics and personal care products.
The product demand is anticipated to increase further due to rising consumer awareness regarding health benefits associated with organic products especially fiber derived products like capsules or tablets. Europe also held a significant share owing to growing consumer preference towards natural ingredients based cosmetics especially France Germany Italy U.K., etc ‰tirely dependent on imports from other regions†(p) 2016/2017).
Growth Factors:
- Increasing awareness about the health benefits of Fenugreek Fiber is expected to drive its demand in the coming years.
- Rising disposable income of consumers is anticipated to boost the sales of Fenugreek Fiber products over the forecast period.
- Growing inclination towards healthy and organic food products is projected to fuel the growth of Fenugreek Fiber market in near future.
- The increasing number of health-conscious people is likely to create lucrative opportunities for Fenugreek Fiber market in forthcoming years. 5) Technological advancements and innovations are estimated to offer new growth opportunities for this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Fenugreek Fiber Market Research Report
By Type
Organic Fenugreek Fiber, Conventional Fenugreek Fiber
By Application
Food and Beverage Industry, Cosmetics and Personal Care Industry, Others
By Companies
Altrafine Gums, Natural Agro Products, Frutarom Health, Nature’s Own, GlucoBliss Pure, GNC Herbal Plus, Nature’s Plus
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Fenugreek Fiber Market Report Segments:
The global Fenugreek Fiber market is segmented on the basis of:
Types
Organic Fenugreek Fiber, Conventional Fenugreek Fiber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Industry, Cosmetics and Personal Care Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Altrafine Gums
- Natural Agro Products
- Frutarom Health
- Nature’s Own
- GlucoBliss Pure
- GNC Herbal Plus
- Nature’s Plus
Highlights of The Fenugreek Fiber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Fenugreek Fiber
- Conventional Fenugreek Fiber
- By Application:
- Food and Beverage Industry
- Cosmetics and Personal Care Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fenugreek Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fenugreek fiber is a type of soluble fiber that helps to regulate blood sugar levels and supports healthy digestion. Fenugreek also has anti-inflammatory properties, which can help reduce the risk of chronic diseases such as obesity, heart disease, and cancer.
Some of the key players operating in the fenugreek fiber market are Altrafine Gums, Natural Agro Products, Frutarom Health, Nature¢â‚¬â„¢s Own, GlucoBliss Pure, GNC Herbal Plus, Nature¢â‚¬â„¢s Plus.
The fenugreek fiber market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fenugreek Fiber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fenugreek Fiber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fenugreek Fiber Market - Supply Chain
4.5. Global Fenugreek Fiber Market Forecast
4.5.1. Fenugreek Fiber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fenugreek Fiber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fenugreek Fiber Market Absolute $ Opportunity
5. Global Fenugreek Fiber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fenugreek Fiber Market Size and Volume Forecast by Type
5.3.1. Organic Fenugreek Fiber
5.3.2. Conventional Fenugreek Fiber
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fenugreek Fiber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fenugreek Fiber Market Size and Volume Forecast by Application
6.3.1. Food and Beverage Industry
6.3.2. Cosmetics and Personal Care Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fenugreek Fiber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fenugreek Fiber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fenugreek Fiber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fenugreek Fiber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fenugreek Fiber Demand Share Forecast, 2019-2026
9. North America Fenugreek Fiber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fenugreek Fiber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fenugreek Fiber Market Size and Volume Forecast by Application
9.4.1. Food and Beverage Industry
9.4.2. Cosmetics and Personal Care Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fenugreek Fiber Market Size and Volume Forecast by Type
9.7.1. Organic Fenugreek Fiber
9.7.2. Conventional Fenugreek Fiber
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fenugreek Fiber Demand Share Forecast, 2019-2026
10. Latin America Fenugreek Fiber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fenugreek Fiber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fenugreek Fiber Market Size and Volume Forecast by Application
10.4.1. Food and Beverage Industry
10.4.2. Cosmetics and Personal Care Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fenugreek Fiber Market Size and Volume Forecast by Type
10.7.1. Organic Fenugreek Fiber
10.7.2. Conventional Fenugreek Fiber
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fenugreek Fiber Demand Share Forecast, 2019-2026
11. Europe Fenugreek Fiber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fenugreek Fiber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fenugreek Fiber Market Size and Volume Forecast by Application
11.4.1. Food and Beverage Industry
11.4.2. Cosmetics and Personal Care Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fenugreek Fiber Market Size and Volume Forecast by Type
11.7.1. Organic Fenugreek Fiber
11.7.2. Conventional Fenugreek Fiber
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fenugreek Fiber Demand Share, 2019-2026
12. Asia Pacific Fenugreek Fiber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fenugreek Fiber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fenugreek Fiber Market Size and Volume Forecast by Application
12.4.1. Food and Beverage Industry
12.4.2. Cosmetics and Personal Care Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fenugreek Fiber Market Size and Volume Forecast by Type
12.7.1. Organic Fenugreek Fiber
12.7.2. Conventional Fenugreek Fiber
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fenugreek Fiber Demand Share, 2019-2026
13. Middle East & Africa Fenugreek Fiber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fenugreek Fiber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fenugreek Fiber Market Size and Volume Forecast by Application
13.4.1. Food and Beverage Industry
13.4.2. Cosmetics and Personal Care Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fenugreek Fiber Market Size and Volume Forecast by Type
13.7.1. Organic Fenugreek Fiber
13.7.2. Conventional Fenugreek Fiber
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fenugreek Fiber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fenugreek Fiber Market: Market Share Analysis
14.2. Fenugreek Fiber Distributors and Customers
14.3. Fenugreek Fiber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Altrafine Gums
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Natural Agro Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Frutarom Health
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Natures Own
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GlucoBliss Pure
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GNC Herbal Plus
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Natures Plus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook