Product Code: ETC093763 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India fennel oil market is expected to show robust growth over the forecast period owing to its wide range of applications in food and beverage, pharmaceuticals, cosmetics, home care products etc. increasing demand from end users such as food & beverages industry is likely to drive the market further. Rising awareness about health benefits associated with fennel oil coupled with changing lifestyle patterns will encourage manufacturers for product innovation resulting in a healthy CAGR of 7-8%.
The key drivers driving the growth of India Fennel Oil Market are growing awareness regarding healthy lifestyle choices among individuals; rising demand for natural herbs & essential oils; increasing popularity of aromatherapy; expansion in cosmetic industry due to rise in spending on personal care products; availability of raw materials at lower prices compared to other countries and government initiatives encouraging use organic production technologies.
Despite strong fundamentals some obstacles faced by players operating in this sector include high cost involved with extraction process followed by limited availability of quality raw materials which can lead to adulteration issues thus hampering product quality standards. Additionally stringent regulations imposed by government bodies related with organic certification may further restrain market growth over next few years
Some key players operating within India Fennel Oil Market include Aromaaz International Private Limited , Arya Bhat Pharma Chem Pvt Ltd., Bengal Chemical & Pharmaceutical Works Ltd., Essar Oils Limited , Floracomm Enterprises Pvt Ltd., Gopal Refinery Co LLC., Natural Group Of Industries , S N Impex Service Inc., Snow White Products Private Limited among others