Wholesale fennel seed price per kg in India increased by 46.5 percent year over year to 1.17 USD in the week that concluded on May 6, 2022. Since December 2021, there has been a rising price trend in the market, with numerous sizable changes noted in March 2022.
Loss in domestic output was one of the key causes of the upward price trend. India produced 128,500 mt of fennel seeds in 2020–21, 8% less than in 2019–20. Domestic stocks fell over the October holiday season, pushing prices higher in the neighborhood market.
Fennel seeds are used to flavour cheese, butter, spreads, and salad dressings, as well as bread, pastries, cakes, and even hot drinks like spiced tea. It's also becoming more common in packaged goods like chocolate and ready-to-eat meals. In the fennel seed market, businesses compete on the basis of factors like cost, product and packaging innovation, and promotion of the product. The changing consumer buying patterns and tastes, as well as regional, national, and local economic situations and demographic developments, all have an impact on vendor performance in this global market.
About Fennel Seed Oil:
Fennel is a perennial, pleasant-smelling herb with yellow flowers. Fennel Seed Oil is known to provide several health benefits, such as it has aperitif, antiseptic and antispasmodic qualities, among others. Fennel Seed Oil has a licorice-like flavour and an aroma. Fennel essential oil is rich in antioxidants and holds antimicrobial characteristics. It is used in a wide variety of food and beverages and in medicines.
|Product Name||Fennel Seed Oil|
|Synonyms||8006-84-6, Fennel oil , Oil of fennel|
|Industrial Uses||Flavour and fragrance, Liqueurs , Pharmaceuticals and therapeutics, Personal care products and cosmetics, Culinary traditions|
|Supplier Database||Berjé Inc, BMV Fragrances Pvt. Ltd, Keva Flavours Pvt. Ltd., Moellhausen S.P.A, Fleurchem, Inc, Albert Vieille SAS|
|Region/Countries Covered||Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
In order to produce Fennel Seed Oil, the seeds of the fennel plant are dried and crushed, which are then subjected to process of steam distillation, thus, producing the desired result.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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