DUBLIN--(BUSINESS WIRE)--The "Global Asafoetida Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
Analysts forecast the Global Asafoetida Market to grow at a CAGR of 5.82% during the period 2019-2023.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend affecting this market is the growth in packaging industry. This enhances the stability of products as visual appeal is the first factor that drives a consumer to purchase a product.
According to the report, one driver influencing this market is the high consumption in India. Asafoetida is widely used in many Indian dishes and traditional medicinal systems such as Ayurveda. It is used as a home remedy to cure various stomach and spasmodic disorders.
Further, the report states that one challenge affecting this market is the popular alternatives of asafoetida. Due to the lack of a proper marketing infrastructure in most countries, asafoetida gets overshadowed by the various alternatives available in the market.
Key Vendors
- DS Group
- Everest Masala
- Laljee Godhoo
- Ramdev
- Vandevi
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Product
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/r4shds/the_global_market?w=4
