Market Overview:
The global fenugreek extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fenugreek extract from pharmaceuticals, herbal supplement, and food and beverage applications. Additionally, rising awareness about the health benefits of fenugreek extract is also contributing to the growth of this market. North America dominates the global fenugreek extract market followed by Europe and Asia Pacific.
Product Definition:
Fenugreek Extract is a natural extract derived from the Fenugreek plant. It is used as a flavoring agent and as an ingredient in dietary supplements.
Powder:
Powder is a fine, dry, free-flowing powder and is derived from the seeds of the fenugreek plant. It has been used in food & beverages as well as pharmaceuticals for centuries. Powder form offers several advantages over its counterparts including high solubility and bioavailability along with enhanced absorption compared to other forms such as tablets or capsules.
Oil:
Fenugreek is a plant and its seeds contain oil, which has antiseptic, anti-inflammatory & antioxidant properties. The extracted oil is colorless and has a strong aroma similar to that of mustard. It can be used as an alternative for the treatment of cancer-induced nausea & vomiting as well as for the control of blood pressure in patients with high blood pressure.
Application Insights:
The global market is segmented by application into pharmaceuticals, food and beverage, and herbal supplements. The pharmaceutical segment held the largest share in 2017. Fenugreek extract is used for the treatment of gastrointestinal conditions such as gas, abdominal bloating, nausea, heartburn and indigestion. It also has benefits for liver function enhancement and helps in weight loss management due to its thermogenic property.
Herbal supplements are widely used across various regions of the world owing to their medicinal value attributed to them centuries ago by native healers. These extracts contain a high percentage of phytochemicals which have antioxidant properties that help prevent cell damage caused due to free radicals present in the body. They also possess anti-inflammatory properties which help reduce joint pain & stiffness along with improving mobility & stamina among other health benefits (1).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rising demand for natural products from countries such as India and China. Factors such as growing population, increasing disposable income coupled with changing lifestyles are anticipated to fuel regional product demand in food and beverage sector over the coming years.
Europe accounted for approximately 25% of total market share in terms of revenue in 2017 due to high consumer awareness regarding nutritional enrichment products along with rising health concerns pertaining to heavy metal contamination caused by extraction methods used during natural product manufacturing process. Germany was one of the largest consumers across Europe on account of high awareness about dietary supplements among consumers there coupled with presence several key manufacturers including Dr.-Karl-Luebeck-Gesellschaft mbH & Co., KGaA und Solaris Nutrition GmbH & Co.
Growth Factors:
- Increasing demand for natural ingredients in food and beverage industry
- Rising awareness about the health benefits of Fenugreek Extract
- Growing popularity of herbal supplements and nutraceuticals
- Proliferation of online retail channels
- Expanding applications for Fenugreek Extract in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Fenugreek Extract Market Research Report
By Type
Powder, Oil
By Application
Pharmaceuticals, Herbal Supplement, Food and Beverage
By Companies
Arjuna Natural, Nutra Green Biotechnology, Ambe Phytoextracts, Indus Biotech, Chereso Lifesciences, Novoherb, Creative Enzymes, Frutarom Health, Aromatic Ingredients, Omniactive Health, Venkatesh Natural Extract, Unicorn Natural Products
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fenugreek Extract Market Report Segments:
The global Fenugreek Extract market is segmented on the basis of:
Types
Powder, Oil
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
Pharmaceuticals, Herbal Supplement, Food and Beverage
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:
- Arjuna Natural
- Nutra Green Biotechnology
- Ambe Phytoextracts
- Indus Biotech
- Chereso Lifesciences
- Novoherb
- Creative Enzymes
- Frutarom Health
- Aromatic Ingredients
- Omniactive Health
- Venkatesh Natural Extract
- Unicorn Natural Products
Highlights of The Fenugreek Extract 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:
- Powder
- Oil
- By Application:
- Pharmaceuticals
- Herbal Supplement
- Food and Beverage
- 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 Extract 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 extract is a natural supplement that is derived from the seeds of the fenugreek plant. Fenugreek extract has been used for centuries to improve digestion and help regulate blood sugar levels. Fenugreek extract is also known to promote weight loss and reduce inflammation.
Some of the major companies in the fenugreek extract market are Arjuna Natural, Nutra Green Biotechnology, Ambe Phytoextracts, Indus Biotech, Chereso Lifesciences, Novoherb, Creative Enzymes, Frutarom Health, Aromatic Ingredients, Omniactive Health, Venkatesh Natural Extract, Unicorn Natural Products.
The fenugreek extract market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fenugreek Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fenugreek Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fenugreek Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fenugreek Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fenugreek Extract Market Size & Forecast, 2018-2028
4.5.1 Fenugreek Extract Market Size and Y-o-Y Growth
4.5.2 Fenugreek Extract Market Absolute $ Opportunity
Chapter 5 Global Fenugreek Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fenugreek Extract Market Size Forecast by Type
5.2.1 Powder
5.2.2 Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fenugreek Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fenugreek Extract Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Herbal Supplement
6.2.3 Food and Beverage
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fenugreek Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fenugreek Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fenugreek Extract Analysis and Forecast
9.1 Introduction
9.2 North America Fenugreek Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fenugreek Extract Market Size Forecast by Type
9.6.1 Powder
9.6.2 Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fenugreek Extract Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Herbal Supplement
9.10.3 Food and Beverage
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fenugreek Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Fenugreek Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fenugreek Extract Market Size Forecast by Type
10.6.1 Powder
10.6.2 Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fenugreek Extract Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Herbal Supplement
10.10.3 Food and Beverage
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fenugreek Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fenugreek Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fenugreek Extract Market Size Forecast by Type
11.6.1 Powder
11.6.2 Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fenugreek Extract Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Herbal Supplement
11.10.3 Food and Beverage
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fenugreek Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Fenugreek Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fenugreek Extract Market Size Forecast by Type
12.6.1 Powder
12.6.2 Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fenugreek Extract Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Herbal Supplement
12.10.3 Food and Beverage
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fenugreek Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fenugreek Extract Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fenugreek Extract Market Size Forecast by Type
13.6.1 Powder
13.6.2 Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fenugreek Extract Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Herbal Supplement
13.10.3 Food and Beverage
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fenugreek Extract Market: Competitive Dashboard
14.2 Global Fenugreek Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arjuna Natural
14.3.2 Nutra Green Biotechnology
14.3.3 Ambe Phytoextracts
14.3.4 Indus Biotech
14.3.5 Chereso Lifesciences
14.3.6 Novoherb
14.3.7 Creative Enzymes
14.3.8 Frutarom Health
14.3.9 Aromatic Ingredients
14.3.10 Omniactive Health
14.3.11 Venkatesh Natural Extract
14.3.12 Unicorn Natural Products
