About Corriander Powder
Coriander powder is widely used staple in Indian, Latin American, and Mexican cooking. It is made from the seeds of the coriander plant and used to add mild flavor and aroma to the variety of cousins, salads, and other food preparations. In India, coriander powder is used as a spice in multiple food dishes and homemade pickles for bright flavor. Coriander powder is rich in antioxidants that promote heart health, skin health, and hair health. However, the consumption of coriander powder with asafoetida and rock salt helps to improve the digestive system and stimulates insulin production.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is niche and consists of a large number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Indian Vendors will contribute the maximum growth to Global Corriander Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eastern Condiments (India), MTR Foods (India), Everest Spices (India), Catch Foods (India), Organic Tattva (India), Tata Group (India), Tiger Longi Industry (India), ITC Spices (India), Zofffoods (India), Satvam Nutrifoods Limited (India), Keya (India), Olam Markets (Indonesia) and Mountain Rose Herbs (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hatti Private Limited (India), Badia Spices (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Corriander Powder market by , Application (Residential and Commercial) and Region.
On the basis of geography, the market of Corriander Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Nature, the sub-segment i.e. Organic will boost the Corriander Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Corriander Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Natural and Organic Coriander Powder
Market Growth Drivers:
Use of Coriander Powder as a Staple in Variety of Food Preparation and Surging Demand of Coriander Powder Due to Ease of Use
Challenges:
The Use of Ground Coriander or Fresh Coriander to Add Natural Taste and Aroma
Restraints:
High Adoption of Homemade Coriander Powder in Countries like India
Opportunities:
Growing Popularity of Mexican Foods Worldwide Will Create Significant Opportunities
Market Leaders and their expansionary development strategies
In October 2023, MTR Foods has been renamed as Orkla India, which own foods, spices and curry powder brands.
In February 2022, McDonald's China launched coriander ice cream sundae. The sandwich chain subway had also released a coriander cookie.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Coriander Powder Manufacturers, Suppliers and Distributors of Coriander Powder, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.