The anethole can also act as very good bug repellent and can be used in the house and can be applied on body as well. Anethole is an unsaturated component of ether that possess flavoring properties. The anethole has more sweetness compared to sugar. Anethole also has some uses in some of oral hygiene products, frozen dry berry products and seasonings. Anethole is used in many drinks to make them more sweet and palatable. Anethole is used in specific oils that are used to treat the patients with the hormonal imbalance. Anethole also acts as an inhibitor for the carcinogenesis in specific parts of the body like fore stomach and lungs.
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Market Dynamics
The growth in the food and beverage industry will help in the anethole market growth. The properties of anethole like anti-fungal and anti-bacterial will help in the growth of anethole sales. The health awareness among people is increasing day by day.
Anethole has a variety of uses related to human health like weight loss, diuretic and digestion booster which will help in the growth of the anethole market. The growth in population has created a platform for the growth of oral hygiene product use. The use of anethole in oral hygiene products will help in the sales growth of anethole. The toxicity and flammability of the anethole may increase the risk of its storage in open place. Therefore, anethole needs to be stored in inert and cool places which would add in its total cost. The increase in the total cost may slow down the growth of anethole market.
Regional Outlook
China and India holding a prominent share in the population have a growing food and beverage industry which is expected to help in growth of demand for the anethole in the market. North American region being another key market for the food and beverages and the growing chemical industry is expected to create a platform for the growth of anethole market.
European region has a growing food and beverage industry along with the chemical industry which is expected to help in the growth of sales of anethole. South East Asia region has a moderately growing food and beverage industry which is expected to help in the growth of anethole sales up to a certain extent. Japan is expected have a good scope for growth for anethole sales in coming years due to its growing food and beverage industry. The Latin America region is expected show a slow growth in the anethole market due to its moderately growing chemical and food and beverage industry. Middle East and Africa have a moderately growing chemical industry which is expected to help in the growth of anethole sales in the region.
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
List of Market Participants
The market participants involved in the manufacturing of anethole are listed below:
- Merck KgaA
- Toronto research Chemicals
- ABL Technology Limited
- Nacalai Tesque
- Alfa Aesar, Thermo Fisher Scientific
- Central Drug House
- Xi’an B-Thriving I/E Co., Ltd.
- Mentha and Allied Products Pvt. Ltd
- TCI Chemicals (INDIA) Pvt. Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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By Segment:
The anethole market is segmented on the following basis:
Anethole market by source of extraction:
- Bitter Fennel
- Sweet Fennel
- Star Anise
- Anise
- Damiana
Anethole market by application:
- Food Additive.
- Flavoring Agent.
- Anti-Inflammatory Compounds
- Sweetener
- Inhibitor for Cancer
Anethole market by end-use industry:
- Chemicals and Allied Products
- Basic Chemical Manufacturing
- Food and Beverage