Asafoetida is a resinous gum from a tall perennial herb with strong carrot-shaped roots. This is yellow with a pungent smell. It is used as a flavoring and forms a component of many spice mixtures. In India, there is an increasing use in Ayurveda to improve digestion and appetite. It also relieves stomach pain and flatulence. It is also used in Malaysia for abdominal pain. In Japan, it is used for vermifuge and abdominal pain.
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Some of the key manufacturers involved in the market are LG & Co, Vandevi, Laxmi, NS, Patanjali, Satya dev, Krishna 755; Gopal, Parth, Bad shah, Cycle, Ramdev Hing.
By Sales Channel
- Traditional (Offline Method)
- Modern (Online Sales)
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Scope of the Report
The research study analyzes the global India Asafoetida industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by India Asafoetida Market Report
1. What was the India Asafoetida Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of India Asafoetida Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the India Asafoetida Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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