Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A3372
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Market Overview:

The global caraway seed market is expected to exhibit a CAGR of 7.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Caraway seeds, also known as meridian fennel or Persian cumin, is used for flavoring and as a source of oil production. These seeds belong to biennial plants of the Apiaceae or Umbelliferae family that are native to Europe, North America, and Western Asia. Caraway seeds exhibit a distinctive strong flavor and sweet taste. Furthermore, the seeds contain a rich amount of antioxidants, minerals, dietary fibers, and vitamins that are essential for the human body. Caraway seeds are widely available in whole form or grounded powder and are used across diverse industries, such as bakery, food processing, pharmaceuticals, cosmetics, etc.

The growing consumer awareness towards numerous benefits of caraway seeds in improving digestion, boosting metabolism, reducing inflammation, enhancing immunity, etc., is currently driving the global market. Furthermore, a significant growth in the food processing industry is also propelling the demand for caraway seeds as a flavoring agent in various ready-to-eat snacks, bakery items, condiments, etc. Apart from this, the rising utilization of caraway seeds in the pharmaceutical sector based on the presence of essential antioxidants, including carotene, lutein, zeaxanthin, cryptoxanthin, etc., is further bolstering the market growth. Additionally, caraway seeds aid in treating fungal infections, eye problems, rheumatism, toothaches, bloating, etc., thereby experiencing a high demand. Moreover, the expanding personal care sector is also catalyzing the usage of caraway seeds-based essential oils in lotions, soaps, perfumes, etc., to impart fragrance. Besides this, the emergence of vegan and animal cruelty-free cosmetics is further propelling the demand for caraway seeds for reducing wrinkles, lightening scars, regenerating skin cells, treating injured skin, etc.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global caraway seed market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on form and application.

Breakup by Form:

  • Whole Seed
  • Powder
     

Breakup by Application:

  • Food
  • Pharmaceuticals
  • Beverages
  • Cosmetics
  • Others
     

Breakup by Region:

  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Netherlands
    • Finland
    • Others
  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
    • Turkey
    • Saudi Arabia
    • United Arab Emirates
    • Egypt
    • Others
       

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aromas and Flavors International, Berlik Spices Company, Delta Spice Egy, Giza Seeds & Herbs S.A.E., Great American Spice Company, McCormick & Company Inc., Nordic Caraway Oy, Sleaford Quality Foods Ltd. and SMJ Exports Pvt. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million, ‘000 Tons
Segment Coverage Form, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered Germany, France, United Kingdom, Italy, Spain, Russia, Netherlands, Finland, United States, Canada, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Turkey, Saudi Arabia, United Arab Emirates, Egypt
Companies Covered Aromas and Flavors International, Berlik Spices Company, Delta Spice Egy, Giza Seeds & Herbs S.A.E., Great American Spice Company, McCormick & Company Inc., Nordic Caraway Oy, Sleaford Quality Foods Ltd. and SMJ Exports Pvt. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global caraway seed market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global caraway seed market?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global caraway seed market and who are the key players?
  • What is the degree of competition in the industry?

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Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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