The latest report by IMARC Group, titled “Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the global caraway seed market size grew at a CAGR of 8% during 2015-2020. Caraway seeds, or Persian cumin, are dried fruits that belong to the biennial plants of the Apiaceae or Umbelliferae family. They are a member of the parsley family with the scientific name Carum carvi. They are the dominant spice used in numerous dishes due to their highly aromatic and distinctive mild flavor. They can be used whole or ground in both sweet and savory dishes, including bread, pastries, curries, soups, sausages, vegetables, and liqueurs. Caraway seeds are a rich source of minerals, iron, magnesium, calcium, and antioxidants, offering various health benefits, such as improving digestion, reducing flatulence, and preventing inflammation. Caraway seeds are also infused with tea and consumed as supplements and applied to the skin as essential oils due to their medicinal properties.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Caraway Seed Market Trends:
The global caraway seed market is primarily driven by its increasing application in diverse industries. Caraway seeds are used in several personal care products, including lotions, soaps and perfumes, due to their unique fragrance and medicinal properties. Caraway seeds are also utilized in various ready-to-eat (RTE) snacks and cuisines from across the world. The rising consumption of liquor due to the improving living standards of consumers has resulted in the growing popularity of caraway seed-infused beverages. Besides this, caraway seeds are employed as flavoring agents in personal care products like mouthwash and toothpaste. Furthermore, extensive research and development (R&D) activities have led to the development of improved caraway seed varieties. On account of these factors, the market is expected to exhibit continuous growth during the forecast period (2021-2026).
- Based on the form, the market has been segmented into whole seed and powder.
- On the basis of the application, the market has been classified into food, pharmaceuticals, beverages, cosmetics, and others.
- Region-wise, the market has been divided into Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, the Netherlands, Finland and others), North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa (Turkey, Saudi Arabia, the United Arab Emirates, Egypt, and others).
- The competitive landscape of the market has 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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800