Research Study on Global Mustard Seed Market Highlights Recent, Market Segments, Value Chain, Challenges, Cost structure, Trends and Future Opportunities till 2028

Introduction:

Mustard plant is native to Asia and is one of the widely cultivated crop across the globe. Mustard seeds are used as a major spice in Asia and are rich in phytonutrients, minerals, vitamins and anti-oxidants. Mustard seeds are high in essential oil and are great source of plant sterols such as brassicasterol, campesterol, sitosterol, avenasterol, and stigmasterol. The global mustard seeds market is expected to witness significant growth in the coming years mainly attributed to increasing application of mustard seeds in food and beverages industry, pharmaceutical industry, personal care and cosmetic industry and others. Mustard plant belongs to family Brassicaceae which also includes other crop such as, cabbage, cauliflower, kale and broccoli. Mustard plant is a winter crop and require temperate climate for its growth and is among the third leading source of vegetable oil after palm and soybean oil as per the data revealed by National Commodity & Derivatives Exchange Limited (NCDEX).

Mustard Seed Market Segmentation

Global mustard seed market is segmented into product type, application, sales channels and region. On the basis of product type the global mustard seed market is segmented into, white/yellow mustard seeds, black mustard seeds and sarepta mustard seeds. The sarepta mustard seeds segment is further sub-segmented into, brown and oriental mustard seeds. Oriental mustard seeds are darker in color in comparison to the yellow mustard seeds mainly due to its high content of phenolic compounds. White or yellow mustard seeds have the least pungent taste while black mustard seeds are the most pungent mustard seeds. By application the global mustard seeds market is segmented into, industrial application, commercial application and Household. Industrial application of mustard seeds includes its use in food and beverages, cosmetic and personal care and other applications. Food and beverages segment is the dominant application segment in the overall mustard seeds market attributable to its widespread use as a condiment. Mustard oil extracted from mustard seeds is widely used across Asian countries. Mustard seeds are also used in salad dressing in countries such as U.S., Canada and other European countries. Apart from this application of mustard seeds in cosmetic is widespread wherein mustard seeds are used as a natural scrub, hydrating agent, age defying agent and aids in hair growth, thus contributing towards revenue generation in the overall mustard seeds market.

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On the basis of sales channel the global mustard seeds market is segmented into, direct and indirect sales channels. Indirect sales channels are further sub-segmented into hypermarkets/supermarkets, convenience stores, specialty stores, e-commerce and other retail formats.

On the basis of region the global mustard seed market is segmented into, North America, Latin America, Europe, Asia Pacific excluding Japan, Japan, CIS & Russia, and Middle East and Africa. Europe is the largest market for mustard seed globally attributable to increasing demand for mustard oil and mustard paste in cooking across the regions. Europe and Asia Pacific is the largest producer of mustard seeds globally thus contributing towards their overall revenue contribution in the global mustard seeds market. Apart from this Canada is also one of the leading producer of mustard seeds globally.

Mustard Seed Market Global Market Trends and Market Drivers:

The growth of mustard seed market across the globe is expected to depict significant growth in the overall market owing to increasing demand for mustard seeds in cooking and as a substitute for other oils such as sunflower oil and other oils in the market. Mustards seeds are essential source of essential vitamins including, B-complex vitamins such as folates, niacin, thiamin, riboflavin, vitaminB-6 and pantothenic acid thus, increasing the synthesis of enzymes needed for functioning of nervous system and help in regulation of body metabolism. Furthermore, oil extracted from mustard seeds is traditionally being used to relive muscle pain, arthritis pain, for cancer risk prevention, asthma and several other body ailments thus contributing towards mustard seeds market growth over the forecast period.

Mustard Seed Market Key Players:

Variety of Mustard Seed have been introduced by the manufacturers and some of the global market players manufacturing mustard seed market include; McCormick & Company, Inc., The Tracklement Company Ltd., Kaveri Seeds, Sakai Spice (Canada) Corp, Megha Corporation, Organic Products India, Sun Impex and others.

Regional analysis for Mustard Seed Market includes:

• North America Mustard Seed Market
o U.S.
o Canada
• Latin America Mustard Seed Market
o Brazil
o Mexico
o Argentina
o Chile
o Peru
o Rest of Latin America
• Europe Mustard Seed Market
o EU – 4 (Germany, France, Italy, Spain)
o U.K.
o BENELUX (Belgium, Netherlands, Luxemburg)
o NORDIC (Norway, Denmark, Iceland, Sweden)
o Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
o Rest of Europe
• CIS & Russia Mustard Seed Market
• Japan Mustard Seed Market
• APEJ Mustard Seed Market
o Greater China
o India
o S. Korea
o ASEAN Countries
o Rest of APEJ
• Middle East & Africa Mustard Seed Market
o GCC Countries
o Turkey
o Iran
o Israel
o South Africa
o Rest of MEA
Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the market, including background and evolution
• Macroeconomic factors affecting the market and its potential
• Market dynamics, such as drivers, challenges, and trends
• Detailed value chain analysis of the market
• The cost structure of the products and segments covered in the study
• In-depth pricing analysis, by key product segments, regions and by major market participants
• Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
• Analysis of the market structure, including a tier-wise categorization of key market participants
• Competitive landscape of the market, including detailed profiles of the top players in this market

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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

• Market Dynamics
• Market Size
• Market Segments
• Demand & Supply Trends
• Current Issues and Challenges
• Companies and Competitor Landscape
• Value Chain
• Technology

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

• Elaborated scenario of the parent market
• Transformations in the market dynamics
• Detailed segmentation of the target market
• Historical, current and forecast market size based on value and volume
• Latest industry developments and trends
• Competition landscape
• Strategies adopted by the market players and product developments made
• Potential and niche segments, along with their regional analysis
• Unbiased analysis on performance of the market
• Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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