Global Fennel Seeds Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

 “Global Fennel Seeds Oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global fennel seeds oil market report has been segmented on the basis of the type, application, distribution channel, and region.

Global Fennel Seeds Oil Market: Overview

Fennel name is originated from Latin word foenum which means hay. Fennel oil has a slightly herby, slightly spicy smell, and it is clear in viscosity. Fennel can grow up to 2 meters in height with green feathery leaves and golden yellow flowers. Fennel oil is obtained from the crushed seeds of fennel plants. The demand is high among various food manufacturer as it helps in the proper digestive, relieves gas and constipation and many other health benefits. Fennel oil is used as, antiseptic, carminative, depurative, diuretic, emmenagogue, antispasmodic, expectorant, laxative, stimulant, stomachic, galactagogic, splenic, tonic, and vermifuge.

Global Fennel Seeds Oil Market: Dynamics

Rapidly growing food industry is a key factor expected to drive the revenue growth of the global market. In addition, higher disposable income, increasing awareness regarding rising health benefits of aromatherapy, growing population, increasing usages of fennel seed oil in personal care and cosmetic industry, changing lifestyle, are some of the factors driving the growth of the global fennel seeds oil market over the next 10 years. The various health benefits of aromatherapy include ability to boost energy levels, helps in reducing anxiety and depression, speed up the healing process in human, strengthen the immune system, aids in inducing sleep, helps in reducing pain, improve digestion process and increase circulation of blood. However, the volatility of raw material prices and stringent food regulations are major factor expected to hamper the growth of the target market to a certain extent.

Global Fennel Seeds Oil Market: Segment Analysis

Among the type segment, organic type is expected to register high growth rate and is expected to maintain its dominance over the forecast years. This is primarily due to growing consumer preferences for organic products. Among the application segment, food is expected to register highest market share, owing to rapidly growing food sector. Among the distribution channel segment, online retail is expected to register the significance of revenue share, owing to the growing e-commerce sectors.

Global Fennel Seeds Oil Market: Trends

The key trend currently witnessed in the target market is new product developments and launches of fennel seeds oil products in order to, cater to the growing demand for organic and clean labeling products.

Global Fennel Seeds Oil Market: Regional Analysis

In 2018, the markets in Europe is expected to account for the majority of market share in the target market. This is primarily attributed to the rapidly growing food sector and is widely used in bread, cakes, cookies, drinks such as spiced tea, and butter, spreads, flavor cheese, and many others in countries in the region. The market in the Asia Pacific is expected to register the fastest growing market, due to the presence of leading manufacturer in countries such as China and India in Asia Pacific region.

Global Fennel Seeds Oil Market Segmentation:

Segmentation by type:

• Organic type
• Conventional type

Segmentation by application:

• Food
• Beverage
• Pharmaceutical
• Cosmetics
• Personal care products

Segmentation by distribution channel:

• Wholesaler/distributor
• Retail stores
• Online retail

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa