Global Star Anise Market Growth 2023-2029

Global Star Anise Market Growth 2023-2029

Star anise is a famous seasoning spice. The production area is mostly south of 25° north latitude. The annual precipitation needs more than 1000mm, the relative humidity is over 80%, and the winter and spring dry seasons have dew and fog. The annual average temperature is 19~23°C. area. It contains aromatic oils, fatty oils, proteins, etc. It can be extracted as another fragrance oil. Used in cooking, pharmaceutical, and extracting shikimic acid.

LPI (LP Information)' newest research report, the “Star Anise Industry Forecast” looks at past sales and reviews total world Star Anise sales in 2022, providing a comprehensive analysis by region and market sector of projected Star Anise sales for 2023 through 2029. With Star Anise sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Star Anise industry.

This Insight Report provides a comprehensive analysis of the global Star Anise landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Star Anise portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Star Anise market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Star Anise and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Star Anise.

The global Star Anise market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Star Anise is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Star Anise is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Star Anise is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Star Anise players cover BTL Herbs & Spices, Mother Herbs, Union Trading Company, Jagdish Masala Company, Babji Marketing, Mahaveer Marketing, VLC Spices, The Counts and Shrih Trading Company Private Limited, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Star Anise market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Organic Star Anise
Normal Star Anise

Segmentation by application
Spices Industry
Pharmaceutical Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BTL Herbs & Spices
Mother Herbs
Union Trading Company
Jagdish Masala Company
Babji Marketing
Mahaveer Marketing
VLC Spices
The Counts
Shrih Trading Company Private Limited
Kore International
Nice Spices
VIET D.E.L.T.A INDUSTRIAL
THANH HIEN PRIVATE ENTERPRISE
GMEX.JSC
Organicway

Key Questions Addressed in this Report

What is the 10-year outlook for the global Star Anise market?

What factors are driving Star Anise market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Star Anise market opportunities vary by end market size?

How does Star Anise break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.