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Mustard Seed Market By Type (White/Yellow Mustard Seeds, Black Mustard Seeds, Sarepta Mustard Seeds) By Application (Commercial, Industrial, Household) By (Sales Channel, Direct, Indirect) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global mustard seed market report explores the critical analysis of the mustard seed industry using key parameters. The report consists of investment strategies, the need for investments in the mustard seed industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the mustard seed industry and how economic and non-economic barriers are helping the mustard seed market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the Mustard Seed Market?

  • In 2021, the white/yellow mustard seed dominated the type segment. The increasing utilization of white mustard seeds in medicines has supported the growth of the white/yellow mustard seed segment. 
  • In 2021, the commercial subsegment dominated the applications segment due to the high consumption of mustard seed for commercial purposes. 
  • In 2021, the direct sales channel captured the highest market share in the sales channel segments, and it is expected that the indirect sales channel will grow with the highest CAGR during the forecast period.

Which Region dominated the Mustard Seed Market?

The North American region dominated the mustard seed market in 2021 with the highest market share. The following reasons for the growth of North America’s mustard seed market such as people in North America are highly versed in living a healthy lifestyle and are taking proactive actions to do so. As a result, many individuals have converted to mustard oil instead of other edible oil. Furthermore, individuals in this region are aware of the need to maintain good cardiovascular health. The benefits of mustard seeds are also viewed as a major driver in the expected mustard seed market share increase during the projection period. 

What is the competitive environment of the Mustard seed market?

The mustard seed market’s competitive environment offers information on the total economic profit made by suppliers and manufacturers, the sales and revenues produced in this sector, the mustard seed market share, the company overview, the launch of new products, and the opportunities for the mustard seed market. Furthermore, the market players are launching new products that raise awareness in developing countries such as India, China, Brazil, and others. These activities promote a healthy market competition environment and offer opportunities for new market players.

Executive Summary

What are all the developments being developed in the Mustard seed Market?

Development for the products is in mustard seed. The global mustard seed market's expansion is driven by an increase in demand for new products to boost utilization in many industries. For instance, in September 2022, SunImpex, a Dubai-based agro goods start-up founded in 2013, participated in GULF FOOD 2020. GULF FOOD is an excellent platform for food manufacturing enterprises to find new trends. SunImpex's product lines have been expanding, and with this in mind, the company chose to participate in the expo.

Which are the key investments by the mustard seed industry players?

Mustard seeds have been used in various industries such as agriculture, food & beverage, pharmaceutical, and others due to their exceptional flexibility and adaptability to any conditions. Various investments are made among the key player. Furthermore, many new market players are entering the mustard seed market with huge investments, such as Mega Corporation, Ahmad Eid, and others.

Some major players in the market areMcCormick & Company Inc., Sakai Spice (Canada) Corp, Megha Corporation, Organic Products India, Sun Impex, The Tracklement Company Ltd, and Kaveri Seeds.

What are the Major Driving Factors for the Mustard seed market?

With the numerous health benefits of mustard seeds, mustard seed oils are increasingly being utilized in cooking instead of other types of oil such as sunflower and sesame oil. The demand for mustard seeds is projected to rise as a result. Mustard seeds are high in Vitamin Bs, such as niacin, thiamine, and riboflavin, all of which are essential for properly functioning the nervous system and maintaining a healthy metabolism. These advantages are projected to enhance the demand for mustard seeds. Mustard seeds can also be used to treat arthritis. Mustard seed oils are beneficial in treating arthritis as they are high in Omega 3 fatty acids, selenium, and magnesium. Thus, these factors are anticipated to boost the sales of mustard seeds.

Furthermore, Health experts recommend that people ingest mustard seeds regularly. Muster seeds are high in myrosinase and glucosinolates, inhibiting cancer cell proliferation. The increasing uses of mustard seeds in healthcare and pharmaceutical are expected to boost mustard seed sales even more during the forecast period.

What are the Major Risks for the Mustard seed market?

The high consumption of mustard seeds harms individuals and causes diarrhea and other diseases, limiting the adoption of mustard seeds during the forecast period. Moreover, the instability of mustard seed prices is also a factor that restrains the growth of the mustard seed market during the forecast period.

Which is the key type in the Mustard seed market?

The mustard seed type is classified into white/yellow mustard seeds, black mustard seeds, and Sarepta mustard seeds. White/yellow mustard seeds dominate the market due to their high utilization in various industries such as healthcare, food & beverages, and others and their benefits such as helpful in clearing the voice, protecting germs and bacteria, and others. Furthermore, black mustard seeds are also seen significant growth due to their high utilization and are expected to grow with a substantial growth rate during the forecast period.   

How is the Mustard seed market performing in regions?

The North American region dominated the mustard seed market in 2021 with the highest market share. Individuals in this region are aware of the need to maintain good cardiovascular health. Moreover, the following reasons for the growth of North America’s mustard seed market such as people in North America are highly versed in living a healthy lifestyle and are taking proactive actions to do so. As a result, many individuals have converted to mustard oil instead of other edible oil. 

Moreover, it is expected that the Asia Pacific region will grow with the fastest CAGR during the forecast period. The Asia Pacific region is the best positioning for leading the mustard seed market due to the increasing demand for mustard seeds in commercial and healthcare sectors across the countries such as India, japan and china. Furthermore, India dominates the market due to the high production of mustard seeds. These factors are the growth of the mustard seed market in the Asia Pacific region. 

What is the regulatory landscape for the Mustard seed Market?

The regulatory landscape for the mustard seed market is that governments are discovering a stricter regulatory approach across regions. Governments are applying strict regulations on the high use of mustard seeds, which cause harmful diseases such as diarrhea. 

What is the Market Size of the Mustard seed market regarding value?

The global Mustard seed market is anticipated to grow at a substantial CAGR of 4.00% in the upcoming years. The global mustard seed market was estimated to be worth USD 702.4 million in 2021 and was expected to be worth USD 888.76 million by 2028.

What are the major players planning for the future of the Mustard seed market?

With the emergence of many strong competitors, the previously fairly concentrated global mustard seed market is becoming increasingly varied. Furthermore, the major companies focus on increasing their commercial operations in underdeveloped countries. Simultaneously, most new mustard seed enterprises in the global market plan new product development and product portfolio expansion through investments and innovations. The mustard seed market's top players constantly conduct global mustard demand analysis and make suitable efforts to improve the quality of seeds produced to maintain their existing market demand and improve brand value. In such a competitive marketplace, new entrants must concentrate on popularising and distributing the product to unexplored consumers. 

Segmentation of the Global Mustard seed Market-

Global Mustard seed Market – By Type

  • White/Yellow Mustard Seeds
  • Black Mustard Seeds
  • Sarepta Mustard Seeds

 Global Mustard seed Market – By Application

  • Commercial
  • Industrial
  • Household

 Global Mustard seed Market – By Sales Channel

  • Direct
  • Indirect

Global Mustard seed Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Frequently Asked Questions (FAQs):

With the numerous health benefits of mustard seeds, mustard seed oils are increasingly being utilized in cooking instead of other types of oil such as sunflower and sesame oil. The demand for mustard seeds is projected to rise as a result. Mustard seeds are high in Vitamin Bs, such as niacin, thiamine, and riboflavin, all of which are essential for properly functioning the nervous system and maintaining a healthy metabolism. These advantages are projected to enhance the demand for mustard seeds.

The global Mustard seed market is anticipated to grow at a substantial CAGR of 4.00% in the upcoming years. The global mustard seed market was estimated to be worth USD 702.4 million in 2021 and was expected to be worth USD 888.76 million by 2028.

The North American region dominated the mustard seed market in 2021 with the highest market share. Individuals in this region are aware of the need to maintain good cardiovascular health. Moreover, the following reasons for the growth of North America’s mustard seed market such as people in North America are highly versed in living a healthy lifestyle and are taking proactive actions to do so. As a result, many individuals have converted to mustard oil in place of other types of edible oil.

Some major players in the market are McCormick & Company Inc., Sakai Spice (Canada) Corp, Megha Corporation, Organic Products India, Sun Impex, The Tracklement Company Ltd, and Kaveri Seeds.

In 2021, the white/yellow mustard seed dominated the type segment. The increasing utilization of white mustard seeds in medicines has supported the growth of the white/yellow mustard seed segment.

Mustard Seed Market Scope

Report Attribute Details
Market Value in 2021 USD 702.4 million
Market Value in 2028 USD 888.76 million
CAGR 4.00%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Consumer Goods
Report ID:   60744
Report Format:   PDF
Pages:   120
Rating:    4.6 (60)
Delivery Time: 24 Hours to 48 Hours   
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