Global Anise Seed Market - 2023-2030

Global Anise Seed Market - 2023-2030

Global Anise seed Market reached US$ 1.7 billion in 2022 and is expected to reach US$ 2.6 billion by 2030, growing with a CAGR of 5.9% from 2023 to 2030.

The global anise seed market has witnessed significant growth and transformations over the years, consumers are highly adopting these anise seeds in wide culinary applications as they offer a sweet, fragrant aroma with a strong, licorice-like taste, and also have some traditional medicinal properties. Hence, such factors can help in driving the global anise seeds market.

Furthermore, many key playing companies are focusing on producing innovative high-quality products in order to attract larger consumer bases. For instance, Bhramarah company produces Aniseed essential oil, The steam distillation process is adopted to extract Aniseed Oil from seeds of the herb called anise seed (Pimpinella anisum), it is effective for hydrating skin, prevents infections, stimulates hair growth, and others. Hence, such products can help in increasing the adoption rate.

The ground form segment accounts for over half of the market share. Similarly, the Asia-Pacific dominates the anise seed market, capturing the largest market share of over 1/3rd. The India remains largest producer and consumer of anise seeds globally, as it produces 550 metric tones in rabi season.

Dynamics

Increase Health Consciousness Among Consumers

As the health consciousness among consumers is increasing, it increases the demand for nutritive, flavourful spices such as anise seeds, as they have medicinal properties, and help enhance digestive health by reducing gas, bloating, and indigestion. Also, they offer a unique sweet and spicy flavor, which helps in increasing the usage of anise seeds in various culinary applications.

Furthermore, according to the U.S. Department of Agriculture, 100g of anise seed contains protein 17.6 g, lipid-15.9g, carbohydrates- 50g, total dietary fiber- 14.6g, calcium- 646mg, phosphorus-440 mg, potassium – 1440 mg, vitamin C and total ascorbic acid- 21mg, and others. Hence, such a nutritive value can help in increasing the adoption rate of anise seeds.

Rising Demand for Innovative Flavours in Food and Beverages

As the demand for innovative flavors in food and beverages is increasing, the food and beverage industries are highly adopting anise seeds as they have a sweet, mildly spicy, fragrant aroma with a strong, licorice-like taste and flavor. Such factors help in increasing the usage of various culinary applications, hence, it helps in increasing the market size.

Furthermore, many manufacturing companies are focusing on producing innovative high-quality products in order to expand their market growth. For instance, PassionVines Wine & Spirit company produces Pernod-Anise liqueur products, which is a distinct licorice flavor anise-based. Pernod's natural flavor, derived from a blend of herbs, has spread its popularity to the United States. Hence, such products can help in increasing the market size.

Less Awareness

The limited awareness of anise seeds and their potential uses can indeed restrain the growth of the anise seeds market. Some consumers are not aware of anise seeds, which will reduce the demand for the usage of products in various culinary and medicinal applications. Which can cause declination in market growth.

Furthermore, many governments are providing schemes in order to help consumers and farmers to adopt these seeds. For instance, The Department of Agriculture and Co-operation is implementing a central sector scheme as Development and Strengthening of Infrastructure Facilities for Production and Distribution of Quality Seeds. Due to less awareness, many people couldn’t opt for this scheme, which can hamper the market growth.

Segment Analysis

The global anise seed market is segmented based on type, form, distribution channel, end-user, application, and region.

Increase in Demand for Natural Products

The ground form segment holds the maximum share in the global anise seeds market. Ground aniseeds are highly adopted in food and beverage as they offer convenience and long shelf life, and also can be used in various culinary applications. Hence, such factors can help in increasing the market for anise seeds.

Furthermore, many manufacturing companies are producing innovative high quality products in order to attract larger consumer bases. For instance, Natural Spices company produces Ground Aniseed, which offers a sweet smell and taste and is used in various sweet and savory dishes, and also in drinks. It is used for both home and professional purposes. Hence, such products can help in increasing the market growth.

Geographical Penetration

High Production

Asia-Pacific is a dominant force in the global anise seeds market, as the consumers in this region are highly adopting these seeds in various food and beverages as they offer unique flavor, aroma, and taste, also they offer natural medicinal properties which helps in reducing the digestive problems can help in increasing the market in this region.

Furthermore, according to ICAR –National Research Centre on Seed Spices, India Report, In India it is grown as a rabi crop in an estimated area of about 2000 ha with a production of 550 metric tons.it is grown in smaller areas in Rajasthan, Punjab, U.P., Orissa, M.P. and Delhi. Hence, such a production rate can help in increasing the market growth.

Additionally, as the demand is high in this region many key players such as AOS Products Pvt. Ltd, Bhramarah, Kamadhenu Foods, and others, are producing high-quality products in order to increase the availability of products in the market, which helps increase the adoption rate in this region.

Competitive Landscape

The major global players in the market include INDIA AROMA OILS AND COMPANY, Bhramarah, Kamadhenu Foods, Lewisia Wellness, Moksha Lifestyle Products, Juvena Herbals, ROYAL NUT COMPANY, Ajfan Dates & Nuts, Natural Spices and AOS Products Pvt. Ltd.

COVID-19 Impact Analysis

The pandemic has brought unprecedented challenges for industries worldwide, including the global anise seed market. During the pandemic, many people started adopting skin care products, and aromatherapy which have increased the demand for anise seeds market, Also during the pandemic many country governments imposed some lockdown restrictions which disrupted the supply chain of the market.

By Type
• Therapeutic Grade
• Food Grade
• Cosmetic Grade
• Others

By Form
• Whole
• Ground
• Oil
• Others

By Distribution Channel
• Company Stores
• Hypermarkets/Supermarkets
• Specialty Stores
• Others

By End-User
• Households
• Commercial

By Application
• Food
• Pharma
• Alcoholic Beverages
• Cosmetics & Personal care
• Aromatherapy
• Animal Feed
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In March 2020, S&W Seed Company acquired pasture Genetics Company, the S&W company have invested around USD$44Million for acquisitions.

Why Purchase the Report?
• To visualize the global anise seed market segmentation based on type, form, distribution channel, end-user, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of anise seed market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global anise seed market report would provide approximately 77 tables, 83 figures and 191 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies