The Asia Pacific fennel seeds market size is expected to reach USD 187.26 million in 2024 and reach USD 430.74 million by 2029, growing at a CAGR of 13.9% from 2024 to 2029.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry. Fennel is a flowering herb that creates fragrant flowers and seeds and grows throughout the year. The fennel seeds act as flavoring agents in food for ages. The fennel seeds are a commonly used seasoning in the Asian region and are also consumed as mouth fresheners.
The increasing trend of Indian and Asian food along with the increasing consumption of handy foods are the key drivers for the fennel seeds market as fennel is a commonly used ingredient in Indian food. Moreover, the consumers inclination towards experimenting with different flavors and the wide variety of interests in new tastes have resulted in an increase in product offerings.
The Asia Pacific Fennel Seeds Market is predicted to show significant growth during the forecasting period.
Some of the major companies dominating the market by their products are McCormick & Company, Inc., Gregg’s Company, Willmar Schwabe GmbH & Co. KG., Steenbergs Organic, Just Ingredients, and Mangalam Seeds Ltd.
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