Cumin Seed Market Scope
Cumin seeds come from a plant known as Cuminum cyminum, a member of parsley family. It is the popular spices which are used in Latin American, Middle Eastern and Indian cuisines. The cumin seeds are small boat shaped and has brownish yellow color. However, there are black, green and white cumin seeds. The whole seeds are used in Indian recipes, while the ground cumin is used in Mexican and Middle Eastern dishes. Moreover, it is an ingredient in chili powder and found in spices such as adobos, curry powder and many more.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Moonlite Foods Inc. (India), Adrianna Springs Impex Pvt Ltd. (India), JRP Impex (India), Unjha Agro (India), Shree International (India), Ratanpara Overseas (India), Apex Natural Products (India), Andalan Shakti Private Limited (India), D J Industries (India) and Soledalplc (India) |
CAGR | % |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that India Vendors will contribute to the maximum growth of Global Cumin Seed market throughout the predicted period.
Moonlite Foods Inc. (India), Adrianna Springs Impex Pvt Ltd. (India), JRP Impex (India), Unjha Agro (India), Shree International (India), Ratanpara Overseas (India), Apex Natural Products (India), Andalan Shakti Private Limited (India), D J Industries (India) and Soledalplc (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Cumin Seed market by Type , by Application (Food and Medicine) and Region with country level break-up.
On the basis of geography, the market of Cumin Seed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, The European market potential for cumin seeds. The popularity of South Asian, North African and Middle Eastern cuisines contributes to the increasing demand for cumin seeds in Europe. The United Kingdom is the largest cumin seed importer in Europe, providing specific opportunities for suppliers of the curry industry.
In November 2023, Pesticide presence in cumin seeds prompts TDB to engage new supplier.
Influencing Trend:
Inclination of Consumers towards Healthy Foods
Market Growth Drivers:
Health Benefits of Cumin Such as Digestion is Fueling the Market and Usage in Various Cuisines and Medicine
Challenges:
Lack of Awareness among the Consumers about its Health Benefits
Restraints:
Lack of Usage of Cumin in Regions Such as United States
Opportunities:
Rising Popularity of Indian and Mexican Cuisines and Increasing Number of Indian Restaurants across the World
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others