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2022
Mustard Seeds Market

Mustard Seeds Market by Product Type (White/Yellow Mustard Seeds, Black Mustard Seeds, and Sarepta Mustard Seeds), Application (Industrial Application, Commercial Application, and Household), and Distribution Channel (Direct and Indirect Channel): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 256 Views
   
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COVID-19

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The mustard seeds market is experiencing a significant growth, and will grow considerably in next few years. Mustard seeds are rich in essential oils and are one of the great sources of plant sterols such as brassicasterol, campesterol, sitosterol, avenasterol, and stigmasterol. Mustard plant is a winter crop and require temperate climate for its growth and is among the third leading source of vegetable oil after palm and soybean oil. The mustard seeds market is anticipated to witness the significant growth in the upcoming years mainly, owing to increase in utilization of mustard seeds in food and beverages industry, pharmaceutical industry, personal care and cosmetic industry and others. It has a wide variety of uses and is rich in phytonutrients, minerals, vitamins, and anti-oxidants.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Product Type, Application and Distribution Channel

 

COVID-19 Impact analysis

  • The shutdown of economies across the globe due to COVID-19 pandemic resulted in low production and growth which resulted in stagnation in the Mustard Seeds market. 
  • The demand for the healthier food and including the straw cereals in the food during the pandemic increased the demand for the Mustard Seeds as people are inclined towards the healthy foods and snacks.
  • However, the fact cannot be ignored that the lockdown during the COVID-19 resulted in low production and disruptions in supply chain of Mustard Seeds market. 

Top Impacting Factors

  • The growth and expansion of mustard seed market is expected to witness significant growth in the overall market because of increase in demand for mustard seeds in cooking and huge usage of mustard seeds/oils as a substitute for other oils such as sunflower oil and other oils in the market
  • Mustards seeds are rich source of essential vitamins that includes B-complex vitamins such as folates, niacin, thiamin, riboflavin, vitaminB-6 and pantothenic acid. Thus, increasing the synthesis of enzymes needed for functioning of nervous system and help in regulation of body metabolism. Another strong key market driving factor.
  • Moreover, the oil extracted from mustard seeds is traditionally used to relive muscle pain, arthritis pain, for cancer risk prevention, asthma and several other body which directly or indirectly contributes towards the market growth of the Mustard Seeds Market.

Market Trends

Increased Imports can be witnessed 

The wide variety of mustard seed application such as flavoring agent in different food dishes, mayonnaise and dips, preparing condiments such as table mustard, and many more that drives this segment of market. The major countries with the increase in the import values are Germany, Belgium, Poland, Romania, Switzerland, Brazil and Ukraine among others. Also, the current trends include mustard oil and organic mustard seeds that are further boosting the global mustard market. Moreover, having therapeutically benefits, mustard herb & oil are also witnessing growth because of the rising demand.

Asia-Pacific to witness high growth 

A strong shift has been observed in the Asia-Pacific region towards a healthy diet and the usage of condiments sauces. The growing consumer’s interest towards different taste preferences and eating habits is leading to increase the condiment sauces demand. Europe is regarded as the largest market for mustard seed globally attributable to increasing demand for mustard oil and mustard paste for cooking purposes across the regions. Europe and the Asia Pacific are the largest producers of mustard seeds all over. Thus, contributing towards their overall revenue contribution and growth, flourishment in the mustard seeds market

Key Benefits of the Report

  • This study presents the analytical depiction of the mustard seeds industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the mustard seeds market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the Mustard Seeds market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Mustard Seeds market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Who are the leading market players active in the mustard seeds market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "Mustard Seeds" Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "Mustard Seeds" Market?

Key Market Segments

Segments Sub-segments
By Product Type
  • White/Yellow Mustard Seeds
  • Black Mustard Seeds
  • Sarepta Mustard Seeds
By Application
  • Industrial
  • Commercial
  • Households
By Distribution Channel
  • Direct
  • Indirect
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa


Key Market Players

  • McCormick & Company, Inc.
  • The Tracklement Company Ltd.
  • Kaveri Seeds
  • Sakai Spice Corp
  • Megha Corporation
  • Organic Products India
  • Sun Impex
 
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