Global Anethole Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Natural Anethole and Synthetic Anethole.

By Form;

Liquid Anethole and Powder Anethole.

By Extraction Source;

Bitter Fennel, Sweet Fennel, Star Anise, Anise, and Damiana.

By Application;

Food Additive, Flavoring Agent, Anti-Inflammatory Compounds, Sweetener, and Inhibitor For Cancer.

By End Use Industry;

Chemicals & Allied Products, Basic Chemical Manufacturing, and Food & Beverage.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn398509720 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Anethole Market (USD Million), 2021 - 2031

In the year 2024, the Global Anethole Market was valued at USD 1,065.53 million. The size of this market is expected to increase to USD 1,550.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The global anethole market, characterized by its specialized focus on a key aromatic compound, is witnessing significant growth driven by diverse applications across various industries. Anethole, a naturally occurring compound predominantly found in star anise, fennel, and licorice, is renowned for its distinctive sweet, licorice-like flavor and aroma. Its applications extend beyond the food and beverage industry into pharmaceuticals, cosmetics, and personal care products, enhancing the market’s appeal and driving demand.

In recent years, the market has experienced increased interest due to a rising preference for natural and organic ingredients in consumer products. As manufacturers and consumers alike seek alternatives to synthetic additives, anethole’s natural origin and versatile properties have positioned it as a valuable ingredient. This shift is also fueled by growing awareness of health and wellness trends, which emphasize the benefits of naturally derived components in everyday products.

Geographically, the global anethole market is expanding, with significant contributions from regions such as North America, Europe, and Asia-Pacific. These regions are characterized by robust industrial activity and high consumer demand, particularly in the food and beverage sector. As the market continues to evolve, innovations in extraction and application processes are expected to further drive growth, making anethole a prominent player in the global flavor and fragrance industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Extraction Source
    4. Market Snapshot, By Application
    5. Market Snapshot, By End Use Industry
    6. Market Snapshot, By Region
  4. Global Anethole Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Natural Flavors
        2. Growth in Food & Beverage Industry
        3. Expanding Personal Care Market
      2. Restraints
        1. Regulatory Challenges
        2. High Production Costs
        3. Limited Raw Material Availability
      3. Opportunities
        1. Increasing Use in Pharmaceuticals
        2. Growth in Emerging Markets
        3. Innovation in Product Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Anethole Market, By Type, 2021 - 2031 (USD Million)
      1. Natural Anethole
      2. Synthetic Anethole
    2. Global Anethole Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid Anethole
      2. Powder Anethole
    3. Global Anethole Market, By Extraction Source, 2021 - 2031 (USD Million)
      1. Bitter Fennel
      2. Sweet Fennel
      3. Star Anise
      4. Anise
      5. Damiana
    4. Global Anethole Market, By Application, 2021 - 2031 (USD Million)
      1. Food Additive
      2. Flavoring Agent
      3. Anti-Inflammatory Compounds
      4. Sweetener
      5. Inhibitor for Cancer
    5. Global Anethole Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Chemicals and Allied Products
      2. Basic Chemical Manufacturing
      3. Food and Beverage
    6. Global Anethole Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Givaudan SA
      3. Symrise AG
      4. International Flavors & Fragrances Inc. (IFF)
      5. Takasago International Corporation
      6. Firmenich SA
      7. Ginkgo BioWorks
      8. Kraton Corporation
      9. Sensient Technologies Corporation
      10. Austrianova
  7. Analyst Views
  8. Future Outlook of the Market