07-Jan-2021 | Zion Market Research
As per Zion Market Research, the global fenugreek seed extract market was valued at more than USD 4.1 million in 2019 and will cross the mark of 490 tons by 2025 by volume. Market players are expected to pump in modern techs to enhance overall productivity and extraction process. Rising fenugreek export and production all over the world is predicted to power the growth of fenugreek seed extract market. Major importing countries such as Yemen Arab Republic (YAE), UAE, Japan, South Africa, Egypt, UK, Saudi Arabia, U.S., Germany, Bangladesh, Malaysia, France, Nepal, and Netherlands will offer lucrative growth avenues for market players to attain competitive benefit. On the other hand, overconsumption of these seeds results in harmful effects such as hypoglycemia, thyroid dysfunctions, and loose motion. This might hamper growth of the fenugreek seed extract market over the years to come.
Altering Dietary Patterns Paired With Increasing Requirement From Athletes For Health Supplements Will Power The Size Of The Global Fenugreek Seed Extract Market
Altering dietary patterns paired with increasing requirement from athletes for health supplements will power the size of the global fenugreek seed extract market. Rising occurrence of diabetes due to obesity and a busy lifestyle along with increasing consumption of nutrient-dense and energy-rich foods will power the growth of the market in the years to come.
Rising investment on personal care goods is also predicated to power the application scope. Rapid development of cosmetics market and accessibility through different channels comprising retail, online portals, and branded shops will additionally power size of the fenugreek seed extract market.
Increment in concern about chemicals and ingredients employed in the cosmetics will positively affect growth of the market. Factors such as antioxidant and antimicrobial properties paired with enhanced requirement for natural goods will power the growth of the fenugreek seed extract market. Increasing user awareness related to synthetic chemicals will carry on boosting the natural personal care sector.
Enhanced requirement for sports supplements for weight management and to improve athlete performance is expected to drive demand of the product for this application segment. Increasing requirement for medicines based on natural elements, rising R&D programs by different researchers & manufacturers, and rising consumption of ayurvedic medicinal formulations to augment the demand of the products.
Rising Need For Dietary & Vitamins Supplements In North America Claimed To Power The Growth
North America is predicted to cross more than 70 tons by 2025. Rising need for dietary & vitamins supplements in the area is claimed to power the growth of the market. Factors such as rising user awareness about wellness & health, new product launches, aging population, and enhanced accessibility will power the global fenugreek seed extract market.
Europe is projected to witness gains more than 13% by 2025. Increase in user expenditure on personal care & pharmaceutical products will power the overall size of the market. EFSA (European Food Safety Authority) guidelines accepted fenugreek seed extract as suitable for users. Increasing R&D programs between health organizations and food manufacturers for curing diabetes will foster regional demand.
Browse the full “Fenugreek Seed Extract Market- By Application (Pharmaceuticals, Cosmetics, Food & Beverages)- Global Industry Perspective Comprehensive Analysis And Forecast, 2020 - 2026.” Report at https://www.zionmarketresearch.com/report/fenugreek-seed-extract-market
The global fenugreek seed extract market is segmented as follows:
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