According to IMARC Group’s latest report, the global caraway seed market grew at a CAGR of around 8% during 2015-2020. Looking forward, the market is expected to exhibit continuous during 2021-2026.
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.
Caraway seeds, also known as Persian cumin, are used for flavoring and as a source of oil production. These seeds belong to biennial plants of the Apiaceae that are native to Europe, Western Asia, and North America. Caraway seeds exhibit a distinctive strong flavor and sweet taste. Furthermore, these seeds contain a high amount of minerals, antioxidants, dietary fibers and vitamins that are crucial for the human body. Caraway seeds are available in the whole form or grounded powder and are utilized across various industries, such as food processing, bakery, pharmaceuticals, cosmetics, etc.
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The rising consumer awareness towards numerous benefits of caraway seeds in improving digestion, boosting metabolism, enhancing immunity, reducing inflammation, etc., is currently propelling the global market. Furthermore, the expanding food processing industry is also augmenting the demand for caraway seeds as a flavoring agent in numerous ready-to-eat snacks, condiments, bakery items, etc. Besides this, the increasing utilization of caraway seeds in the pharmaceutical sector to treat fungal infections, eye problems, rheumatism, toothaches, bloating, etc., is further bolstering the market growth. Moreover, the increasing utilization of the caraway seeds-based essential oils product for producing vegan and animal cruelty-free personal care products such as soaps, lotion, perfumes, etc., will continue to further drive the market growth in the coming years.
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List of Key Companies Covered in this Market Report:
- 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.
- SMJ Exports Pvt. Ltd.
The report has segmented the market on the basis of form, service, application and geography.
Breakup by Form:
- Whole Seed
Breakup by Application:
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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