Global Fenugreek Seed Extract Market is Projected to Reach USD 8.92 Million By 2032

As per Zion Market Research, the global fenugreek seed extract market was valued at more than USD 8.03 million in 2023 and will cross the mark of USD 18.92 million at a CAGR of 10.00% by the end of 2032. 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 are predicted to power the growth of the 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 the 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 the growth of the fenugreek seed extract market over the years to come.

Browse the full “Fenugreek Seed Extract Market- By Application (Pharmaceuticals, Cosmetics, Food & Beverages)- Global Industry Perspective Comprehensive Analysis And Forecast, 2024 - 2032.” Report at https://www.zionmarketresearch.com/report/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

Altering dietary patterns paired with increasing requirements from athletes for health supplements will power the size of the global fenugreek seed extract market. The 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. The rapid development of the cosmetics market and accessibility through different channels comprising retail, online portals, and branded shops will additionally power the size of the fenugreek seed extract market.

Increment in concern about chemicals and ingredients employed in cosmetics will positively affect the growth of the market. Factors such as antioxidant and antimicrobial properties paired with enhanced requirements 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 requirements for sports supplements for weight management and to improve athlete performance are expected to drive demand for the product for this application segment. Increasing requirements for medicines based on natural elements, rising R&D programs by different researchers & manufacturers, and rising consumption of ayurvedic medicinal formulations augment the demand for the products.

Rising Need For Dietary & Vitamin Supplements In North America Claimed To Power The Growth

North America is predicted to cross more than 82 tons by 2032. The rising need for dietary & vitamin 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 of more than 16.3% by 2032. An 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.

The global fenugreek seed extract market is segmented as follows:

By Application

• Pharmaceuticals
• Food & Beverage
• Cosmetics

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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