Caraway Seed Market Size, Price | Industry Analysis 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global caraway seed market grew at a CAGR of around 8% during 2015-2020. 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. Looking forward, IMARC Group expects the global caraway seed market to exhibit continuous during the next five years.

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 for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, 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, Delta Spice Egy, Giza Seeds & Herbs, Great American Spice Company, McCormick & Company Inc., Nordic Caraway, Sleaford Quality Foods Ltd. and SMJ Exports Pvt. Ltd.

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?