The latest report by IMARC Group, titled “Caraway Seed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, finds that the global caraway seed market is expected to grow at a CAGR of 7.1% during 2023-2028. 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.
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.
- 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.
|Base Year of the Analysis
||US$ Million, ‘000 Tons
||Form, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||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
||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.
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