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.