As per this study the Global Anise Star Oil Market was valued USD XXX MN (by revenue) in 2019 and is anticipated to reach USD XXX MN by 2026 with a CAGR of X.X%.
Anise is the star shaped oriental spice cultivated and consumed mostly in Vietnam and China. Anise Star oil is aromatic oil extracted from anise and is majorly used as flavor imparting agent in Chinese cuisines. It is also used in soaps, perfumes, skin creams and other personal care products to impart aroma. It posses certain therapeutic properties such as narcotic, antiseptic, stimulant, anti-hysteric, decongestant, etc. hence used in pharmaceutical application.
The anise star oil market is growing at faster pace owing to rising demand for aromatherapy across the world. Also, rising demand of natural fragrance in soaps, creams, perfumes, etc. is further driving the market demand. Owing to narcotic, decongestant, carminative, antiseptic, anti-hysteric, etc. it is widely used in treating various medical condition has widened its application across medical sector. However, side effects such as slow circulation and respiration when consumed in excess amount is likely to hamper the market demand.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of anise star oil.
The broad anise star oil market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Spa & Relaxation
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for anise star oil in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Anise Star Oil Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the anise star oil market includes Albert Vieille, Berje, Elixens, Ernesto Ventos, Fleurchem, H.Interdonati, INDUKERN INTERNACIONAL, Penta Manufacturing Company, PerfumersWorld, Robertet Group, Treatt Plc., Ultra international and Ungerer & Company. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.