Anethole Market

By Product Type;

Natural Anethole and Synthetic Anethole

By Application;

Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Agriculture and Others

By Distribution Channel;

Online Retail, Supermarkets & Hypermarkets, Specialty Stores and Others

By Geography;

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

Anethole Market Overview

Anethole Market (USD Million)

Anethole Market was valued at USD 1,065.53 million in the year 2024. 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%.


Anethole Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 1,065.53 Million
Market Size (2031)USD 1,550.00 Million
Market ConcentrationMedium
Report Pages379
1,065.53
2024
1,550.00
2031

Major Players

  • BASF SE
  • Givaudan SA
  • Symrise AG
  • International Flavors & Fragrances Inc. (IFF)
  • Takasago International Corporation
  • Firmenich SA
  • Ginkgo BioWorks
  • Kraton Corporation
  • Sensient Technologies Corporation
  • Austrianova

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Anethole Market

Fragmented - Highly competitive market without dominant players


The Anethole Market is growing steadily as industries adopt natural, plant-derived flavoring agents for diverse applications. Nearly 63% of producers utilize anethole extracts for their sweetness, aroma, and functional versatility. Rising demand for clean-label and sustainable formulations is driving continuous product innovation.

Food and Beverage Industry Leading Demand
Around 54% of total usage comes from food and beverage applications, including confectionery, bakery, and alcoholic products. Its natural sweetness reduces the need for artificial sweeteners, while its aromatic qualities improve sensory appeal. The push for transparent, additive-free products is strengthening its role in this sector.

Rising Popularity in Cosmetics and Personal Care
Approximately 40% of anethole-based applications are seen in fragrances, skincare, and cosmetic formulations. Its pleasant scent and antioxidant capabilities make it an essential ingredient in perfumes, creams, and essential oils. The growing demand for chemical-free and naturally derived solutions is boosting market adoption in premium personal care products.

Market Outlook and Opportunities
Future trends emphasize organic, sustainable, and multi-application products, with nearly 50% of upcoming developments targeting pharmaceuticals, aromatherapy, and nutraceuticals. Expanding use cases and innovations in bio-based production are expected to unlock substantial growth potential for suppliers and producers globally.

  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
    6. Market Snapshot, By Region
  4. 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. Anethole Market, By Type, 2021 - 2031 (USD Million)
      1. Natural Anethole
      2. Synthetic Anethole
    2. Anethole Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid Anethole
      2. Powder Anethole
    3. Anethole Market, By Extraction Source, 2021 - 2031 (USD Million)
      1. Bitter Fennel
      2. Sweet Fennel
      3. Star Anise
      4. Anise
      5. Damiana
    4. 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. Anethole Market, By End Use, 2021 - 2031 (USD Million)
      1. Chemicals & Allied Products
      2. Basic Chemical Manufacturing
      3. Food & Beverage
    6. 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. Givaudan SA
      2. International Flavors & Fragrances Inc. (IFF)
      3. Firmenich SA
      4. Symrise AG
      5. Mane SA
      6. Takasago International Corporation
      7. Sensient Technologies Corporation
      8. Döhler GmbH
      9. BASF SE
      10. Archer-Daniels-Midland Company (ADM)
      11. Ginkgo BioWorks
      12. Kraton Corporation
      13. Austrianova
      14. Merck KGaA
      15. Toronto Research Chemicals
  7. Analyst Views
  8. Future Outlook of the Market