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Asafoetida Market 2024-2028

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    Report

  • 97 Pages
  • February 2024
  • Region: Global
  • TechNavio
  • ID: 5944046
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The asafoetida market is forecasted to grow by USD 47.06 mn during 2023-2028, accelerating at a CAGR of 5.45% during the forecast period. The report on the asafoetida market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer awareness of exotic spices and culinary diversity, growing demand for natural and traditional ingredients in food preparation, and rising popularity of ethnic cuisines, particularly indian and middle Eastern.

The asafoetida market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Product

  • Milky white asafoetida
  • Red asafoetida

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the increasing demand for organic and sustainably sourced asafoetida products as one of the prime reasons driving the asafoetida market growth during the next few years. Also, rising popularity of fusion cuisines with asafoetida in new dishes and adoption of convenience formats such as powdered or granulated asafoetida will lead to sizable demand in the market.

The report on the asafoetida market covers the following areas:

  • Asafoetida market sizing
  • Asafoetida market forecast
  • Asafoetida market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading asafoetida market vendors that include Aachi Masala, Anu Foods, Dabur India Ltd., Dhanhar Exim Pvt. Ltd., DS Group, EVEREST Food Products Pvt. Ltd., G P And Co., HingWala, Laljee Godhoo, Mahashian Di Hatti Pvt. Ltd., Medikonda Nutrients, MTR Foods Pvt. Ltd., MVM Asafoetida, Patanjali Ayurved Ltd., Qualfis Foodz Pvt. Ltd., S S Pandian and Sons, Simhas Spices and Herbals, SRK Traders and Manufacturers, Tata Sons Pvt. Ltd., and VKA Food Products. Also, the asafoetida market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global asafoetida market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global asafoetida market 2018 - 2022 ($ million)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ million)
Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Milky white asafoetida - Market size and forecast 2023-2028
Exhibit 48: Chart on Milky white asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on Milky white asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on Milky white asafoetida - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Milky white asafoetida - Year-over-year growth 2023-2028 (%)
7.4 Red asafoetida - Market size and forecast 2023-2028
Exhibit 52: Chart on Red asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Red asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Red asafoetida - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Red asafoetida - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Exhibit 56: Market opportunity by Product ($ million)
Exhibit 57: Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 India - Market size and forecast 2023-2028
Exhibit 83: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on India - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 United Arab Emirates - Market size and forecast 2023-2028
Exhibit 91: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
9.11 Australia - Market size and forecast 2023-2028
Exhibit 95: Chart on Australia - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Australia - Year-over-year growth 2023-2028 (%)
9.12 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Aachi Masala
Exhibit 111: Aachi Masala - Overview
Exhibit 112: Aachi Masala - Product/Service
Exhibit 113: Aachi Masala - Key offerings
12.4 Dabur India Ltd.
Exhibit 114: Dabur India Ltd. - Overview
Exhibit 115: Dabur India Ltd. - Business segments
Exhibit 116: Dabur India Ltd. - Key offerings
Exhibit 117: Dabur India Ltd. - Segment focus
12.5 Dhanhar Exim Pvt. Ltd.
Exhibit 118: Dhanhar Exim Pvt. Ltd. - Overview
Exhibit 119: Dhanhar Exim Pvt. Ltd. - Product/Service
Exhibit 120: Dhanhar Exim Pvt. Ltd. - Key offerings
12.6 DS Group
Exhibit 121: DS Group - Overview
Exhibit 122: DS Group - Product/Service
Exhibit 123: DS Group - Key offerings
12.7 EVEREST Food Products Pvt. Ltd.
Exhibit 124: EVEREST Food Products Pvt. Ltd. - Overview
Exhibit 125: EVEREST Food Products Pvt. Ltd. - Product/Service
Exhibit 126: EVEREST Food Products Pvt. Ltd. - Key offerings
12.8 G P And Co.
Exhibit 127: G P And Co. - Overview
Exhibit 128: G P And Co. - Product/Service
Exhibit 129: G P And Co. - Key offerings
12.9 HingWala
Exhibit 130: HingWala - Overview
Exhibit 131: HingWala - Product/Service
Exhibit 132: HingWala - Key offerings
12.10 Laljee Godhoo
Exhibit 133: Laljee Godhoo - Overview
Exhibit 134: Laljee Godhoo - Product/Service
Exhibit 135: Laljee Godhoo - Key offerings
12.11 Mahashian Di Hatti Pvt. Ltd.
Exhibit 136: Mahashian Di Hatti Pvt. Ltd. - Overview
Exhibit 137: Mahashian Di Hatti Pvt. Ltd. - Product/Service
Exhibit 138: Mahashian Di Hatti Pvt. Ltd. - Key offerings
12.12 Medikonda Nutrients
Exhibit 139: Medikonda Nutrients - Overview
Exhibit 140: Medikonda Nutrients - Product/Service
Exhibit 141: Medikonda Nutrients - Key offerings
12.13 MTR Foods Pvt. Ltd.
Exhibit 142: MTR Foods Pvt. Ltd. - Overview
Exhibit 143: MTR Foods Pvt. Ltd. - Product/Service
Exhibit 144: MTR Foods Pvt. Ltd. - Key offerings
12.14 Patanjali Ayurved Ltd.
Exhibit 145: Patanjali Ayurved Ltd. - Overview
Exhibit 146: Patanjali Ayurved Ltd. - Product/Service
Exhibit 147: Patanjali Ayurved Ltd. - Key offerings
12.15 Simhas Spices and Herbals
Exhibit 148: Simhas Spices and Herbals - Overview
Exhibit 149: Simhas Spices and Herbals - Product/Service
Exhibit 150: Simhas Spices and Herbals - Key offerings
12.16 Tata Sons Pvt. Ltd.
Exhibit 151: Tata Sons Pvt. Ltd. - Overview
Exhibit 152: Tata Sons Pvt. Ltd. - Business segments
Exhibit 153: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 154: Tata Sons Pvt. Ltd. - Segment focus
12.17 VKA Food Products
Exhibit 155: VKA Food Products - Overview
Exhibit 156: VKA Food Products - Product/Service
Exhibit 157: VKA Food Products - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
Exhibit 159: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 160: Currency conversion rates for US$
13.4 Research methodology
Exhibit 161: Research methodology
Exhibit 162: Validation techniques employed for market sizing
Exhibit 163: Information sources
13.5 List of abbreviations
Exhibit 164: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Five forces analysis - Comparison between 2023 and 2028
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 21: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 22: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 24: Chart on Market condition - Five forces 2023 and 2028
Exhibits 25: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 26: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 27: Chart on Comparison by Distribution Channel
Exhibits 28: Data Table on Comparison by Distribution Channel
Exhibits 29: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 30: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 31: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 32: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 33: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 34: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 36: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 37: Market opportunity by Distribution Channel ($ million)
Exhibits 38: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 39: Chart on Product - Market share 2023-2028 (%)
Exhibits 40: Data Table on Product - Market share 2023-2028 (%)
Exhibits 41: Chart on Comparison by Product
Exhibits 42: Data Table on Comparison by Product
Exhibits 43: Chart on Milky white asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Milky white asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Milky white asafoetida - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Milky white asafoetida - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Red asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Data Table on Red asafoetida - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Chart on Red asafoetida - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Red asafoetida - Year-over-year growth 2023-2028 (%)
Exhibits 51: Market opportunity by Product ($ million)
Exhibits 52: Data Table on Market opportunity by Product ($ million)
Exhibits 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 54: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 55: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 56: Chart on Geographic comparison
Exhibits 57: Data Table on Geographic comparison
Exhibits 58: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 74: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 81: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 82: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 85: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 86: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits 88: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 89: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 90: Chart on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 92: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 93: Data Table on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 94: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 96: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 97: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 98: Market opportunity By Geographical Landscape ($ million)
Exhibits 99: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 100: Impact of drivers and challenges in 2023 and 2028
Exhibits 101: Overview on Criticality of inputs and Factors of differentiation
Exhibits 102: Overview on factors of disruption
Exhibits 103: Impact of key risks on business
Exhibits 104: Vendors covered
Exhibits 105: Matrix on vendor position and classification
Exhibits 106: Aachi Masala - Overview
Exhibits 107: Aachi Masala - Product/Service
Exhibits 108: Aachi Masala - Key offerings
Exhibits 109: Dabur India Ltd. - Overview
Exhibits 110: Dabur India Ltd. - Business segments
Exhibits 111: Dabur India Ltd. - Key offerings
Exhibits 112: Dabur India Ltd. - Segment focus
Exhibits 113: Dhanhar Exim Pvt. Ltd. - Overview
Exhibits 114: Dhanhar Exim Pvt. Ltd. - Product/Service
Exhibits 115: Dhanhar Exim Pvt. Ltd. - Key offerings
Exhibits 116: DS Group - Overview
Exhibits 117: DS Group - Product/Service
Exhibits 118: DS Group - Key offerings
Exhibits 119: EVEREST Food Products Pvt. Ltd. - Overview
Exhibits 120: EVEREST Food Products Pvt. Ltd. - Product/Service
Exhibits 121: EVEREST Food Products Pvt. Ltd. - Key offerings
Exhibits 122: G P And Co. - Overview
Exhibits 123: G P And Co. - Product/Service
Exhibits 124: G P And Co. - Key offerings
Exhibits 125: HingWala - Overview
Exhibits 126: HingWala - Product/Service
Exhibits 127: HingWala - Key offerings
Exhibits 128: Laljee Godhoo - Overview
Exhibits 129: Laljee Godhoo - Product/Service
Exhibits 130: Laljee Godhoo - Key offerings
Exhibits 131: Mahashian Di Hatti Pvt. Ltd. - Overview
Exhibits 132: Mahashian Di Hatti Pvt. Ltd. - Product/Service
Exhibits 133: Mahashian Di Hatti Pvt. Ltd. - Key offerings
Exhibits 134: Medikonda Nutrients - Overview
Exhibits 135: Medikonda Nutrients - Product/Service
Exhibits 136: Medikonda Nutrients - Key offerings
Exhibits 137: MTR Foods Pvt. Ltd. - Overview
Exhibits 138: MTR Foods Pvt. Ltd. - Product/Service
Exhibits 139: MTR Foods Pvt. Ltd. - Key offerings
Exhibits 140: Patanjali Ayurved Ltd. - Overview
Exhibits 141: Patanjali Ayurved Ltd. - Product/Service
Exhibits 142: Patanjali Ayurved Ltd. - Key offerings
Exhibits 143: Simhas Spices and Herbals - Overview
Exhibits 144: Simhas Spices and Herbals - Product/Service
Exhibits 145: Simhas Spices and Herbals - Key offerings
Exhibits 146: Tata Sons Pvt. Ltd. - Overview
Exhibits 147: Tata Sons Pvt. Ltd. - Business segments
Exhibits 148: Tata Sons Pvt. Ltd. - Key offerings
Exhibits 149: Tata Sons Pvt. Ltd. - Segment focus
Exhibits 150: VKA Food Products - Overview
Exhibits 151: VKA Food Products - Product/Service
Exhibits 152: VKA Food Products - Key offerings
Exhibits 153: Inclusions checklist
Exhibits 154: Exclusions checklist
Exhibits 155: Currency conversion rates for US$
Exhibits 156: Research methodology
Exhibits 157: Validation techniques employed for market sizing
Exhibits 158: Information sources
Exhibits 159: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global asafoetida market: Aachi Masala, Anu Foods, Dabur India Ltd., Dhanhar Exim Pvt. Ltd., DS Group, EVEREST Food Products Pvt. Ltd., G P And Co., HingWala, Laljee Godhoo, Mahashian Di Hatti Pvt. Ltd., Medikonda Nutrients, MTR Foods Pvt. Ltd., MVM Asafoetida, Patanjali Ayurved Ltd., Qualfis Foodz Pvt. Ltd., S S Pandian and Sons, Simhas Spices and Herbals, SRK Traders and Manufacturers, Tata Sons Pvt. Ltd., and VKA Food Products.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing demand for organic and sustainably sourced asafoetida products.'

According to the report, one of the major drivers for this market is the increasing consumer awareness of exotic spices and culinary diversity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aachi Masala
  • Anu Foods
  • Dabur India Ltd.
  • Dhanhar Exim Pvt. Ltd.
  • DS Group
  • EVEREST Food Products Pvt. Ltd.
  • G P And Co.
  • HingWala
  • Laljee Godhoo
  • Mahashian Di Hatti Pvt. Ltd.
  • Medikonda Nutrients
  • MTR Foods Pvt. Ltd.
  • MVM Asafoetida
  • Patanjali Ayurved Ltd.
  • Qualfis Foodz Pvt. Ltd.
  • S S Pandian and Sons
  • Simhas Spices and Herbals
  • SRK Traders and Manufacturers
  • Tata Sons Pvt. Ltd.
  • VKA Food Products