Fenugreek Market 2022 Size, Share & Analysis | Exactitude Consultancy Reports
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Exactitude Consultancy Latest Published Fenugreek Market Research Report 2022 by Type (Seed Extract, Powder, Others), Application (Food, Pharmaceuticals, Cosmetics) And by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global Trends and Forecast From 2020 To 2029
The global Fenugreek market is expected to grow at more than 5.8% CAGR from 2020 to 2029. It is expected to reach above USD 2.14 billion by 2029 from USD 1.34 billion in 2020.
Based on type, the global fenugreek market has been segmented into seed extract, powder and others. 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.
Some of the key manufacturers of the fenugreek market are Ambe, Al africky herbs, Bio- botanica, Garlico industries ltd., Chereso lifesciences, Novoherb, Arjuna natural extracts, Avikara Foodstuff Trading LLC. And Amazon Spices Pvt. Ltd.
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