Fenugreek Seed Prices – Historical Graph

Real-time chart of historical daily fenugreek seed prices. The prices are shown in hundredweight.
The current price is and is last updated on .
  • The average price in the past 3 days is
  • The average price in the past 7 days is
  • The average price in the past 30 days is
  • The average price in the past 365 days is

Fenugreek Seed Prices Explained

Fenugreek seed prices gain marketability as the rising consumption of ethnic-favored herbs and spices continuously grows in the Asia-Pacific region.

Additionally, the steady demand from emerging economies like India, China, and South Korea further fuels the fenugreek seed market growth. Medical industries from these countries use this commodity to treat the rising type 2 diabetes disease. Presently, India accounts for 80% of the world’s production. Here are the detailed fenugreek seed price determiners:

Why are fenugreek seed prices fluctuating?

1. Supply and Demand

Due to its wide range of applications as a food additive, dietary supplement, and herbal medicine, fenugreek is in demand, particularly in the Middle East, Europe, and North America. Thus, this increasing need from these regions influences the fenugreek seed price fluctuation.

2. Quality

Generally, fenugreek seed prices depend on its size, color, aroma, and purity. As a result, growers take ample time in cleaning, grading, and packaging the seed to ensure quality which increases its market pricing. On the other hand, poor processing results in poor seed quality which causes lower fenugreek seed prices.

3. Seasonal Variation

Fenugreek is a winter crop that grows in India from October to November and is harvested in February or March. Therefore, its prices come after seasonality, which causes price hikes in the off-season when stock is scarce and drops in the peak season when supply is abundant.

Which variables impact the price of fenugreek seed?

  • Supply and Demand
  • Quality 
  • Seasonal Variation
  • Market Integration
  • Weather Conditions
  • International Trade

Where does fenugreek seed come from?

Fenugreek belongs to the pea family herb. Generally, its seeds are used as a spice due to its unique flavor profile that comes with a nutty hint of sweetness and a slight bitterness. The process of harvesting fenugreek seeds involves several steps:

1. Harvesting – Normally, growers use sharp instruments like shears or scissors to cut the plant’s stems at ground level.

2. Bundling and Drying – To speed up the drying process, the fenugreek plants and their seed pods are gathered and hung upside down in a cool and dry place after harvest.

3. Threshing – Then, the seeds are separated from the dried plant material after the drying process. This step either uses mechanical or manual methods.

4. Cleaning – Next, to remove contaminants, waste, and any remaining plant material, the seeds are thoroughly cleaned, ensuring that the finished product is of high quality.

5. Storage – The final step includes placing the cleaned fenugreek seeds in an airtight container and keeping them in a cool and dark place.

What are the uses of fenugreek seed?

Freshly harvested fenugreek leaves enhance the flavor and aroma of many dishes, while the seeds are used in the food, pharmaceutical, cosmetic, and textile sectors due to their versatile qualities. These are the specific industrial uses of fenugreek seeds:

1. Spices and Seasonings – The seeds add a subtle bitter and nutty flavor to various food options, making it a widely used spice in many culinary traditions.

2. Herbal Medicine – Traditional healing practices in India use this commodity due to its medicinal properties. Additionally, the pharmaceutical industry uses fenugreek to make dietary supplements and herbal medicines.

3. Skin Care Products – Its extracts are sometimes added to cosmetics such as lotions and creams due to their ability to reduce inflammation.

4. Natural Flavoring – Fenugreek extracts are used in the flavoring business to give distinct aroma and taste to several products, such as food items, beverages, and tobacco.

5. Paper Manufacturing – Its gelatinous substance has adhesive characteristics that make it useful as a binder or sizing agent in the paper industry.

What is the future price of fenugreek seed?

Market analysts predicted that South Korea, China, and India will drive the fenugreek seed extract market’s expansion. Additionally, the food sector is especially interested in its seed extract because of its delicious taste and several health benefits. Furthermore, the expansion of plant-based diet products such as whey protein uses this commodity as an ingredient.

Therefore, the price of fenugreek seed will be $9.21 per kilogram in 2028 and its global market is forecasted to witness a CAGR of 6.2%.

TRACKED PRICES

Other prices we're tracking