Cumin Market to Grow with a CAGR of 4.8% through 2029
The
global cumin market is driven by the increasing awareness of the health
benefits of cumin and the rising growth of the e-commerce sector worldwide.
According to TechSci
Research report, “Cumin Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2029F”, the global cumin
market was valued at USD 2.16 Billion in 2023 and is expected to reach USD 2.86
Billion by 2029 with a CAGR of 4.8% during the forecast period. The global
cumin market has been experiencing steady growth, driven by key factors such as
increasing demand for natural and organic spices, expanding culinary
applications, and the growing preference for health-conscious foods. Cumin, a
spice known for its distinct earthy flavor and medicinal properties, is a key
ingredient in various cuisines, especially in Middle Eastern, Indian, and Latin
American cooking. It is widely used in spice blends, sauces, marinades, and as
a flavor enhancer in processed food products.
Cumin is rich in
antioxidants, vitamins, and minerals, and is known for its digestive,
anti-inflammatory, and weight-loss benefits. As consumers become more
health-conscious, demand for cumin as both a culinary and functional food
ingredient is increasing. As global food preferences evolve, there is a growing
interest in ethnic cuisines, particularly Indian, Mexican, and Middle Eastern
dishes, where cumin plays a fundamental role. The increasing use of cumin in
both home cooking and food service is boosting market demand.
There is a
rising trend toward organic spices as consumers seek chemical-free and
sustainably sourced ingredients. This has led to a shift towards organic cumin
production and sales, benefiting both domestic and international markets. Cumin
is primarily grown in regions like India, Iran, and Syria, which are
susceptible to climate change, drought, and political instability. These
challenges can disrupt supply chains and affect market stability.
The price of
cumin can be highly volatile, influenced by crop yield variations, currency
fluctuations, and international trade policies. Such volatility poses a
challenge for manufacturers and consumers alike. In summary, while the cumin
market is growing, it faces challenges related to supply chain disruptions and
price fluctuations, but the demand for its health benefits and expanding use in
global cuisines offers strong growth prospects.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Global Cumin Market.”
The global cumin
market is segmented into type, application, distribution channel, region, and
company.
The cumin market
is segmented based on distribution channel into online, and offline. The online
segment of the cumin market is one of the fastest-growing channels, driven by
several key factors that align with changing consumer preferences and
advancements in digital commerce. This shift towards online purchasing is
reshaping the spice trade and presents significant opportunities for both
producers and consumers. The primary driver of the growing online cumin market
is the increased convenience that online shopping offers. Consumers can easily
purchase cumin from the comfort of their homes, saving time compared to
traditional shopping. This is especially appealing for busy individuals, urban
dwellers, and those in regions where specialty spices may not be readily
available in local markets. Online platforms offer a much broader selection of
cumin products compared to physical stores. Consumers can choose from different
varieties such as organic cumin, ground cumin, whole cumin seeds, or even
blends that contain cumin. They also have access to specialty products like
cumin sourced from specific regions known for superior quality, such as cumin
from India or Iran, which are highly valued for their authentic flavor. Online
retail opens access to cumin markets beyond regional or national boundaries.
Consumers worldwide can purchase high-quality cumin from countries like India,
which is the largest producer and exporter of cumin. Online stores facilitate
cross-border trade, making it easier for international buyers to access
authentic, high-quality products that might not be available in their local
markets. E-commerce platforms
also capitalize on subscription-based models where customers receive regular
deliveries of cumin and other spices. This appeals to regular users, such as
home cooks, restaurants, and small food businesses, who benefit from bulk
purchasing at competitive prices and reduced delivery costs.
The
North American cumin market is experiencing significant growth, propelled by
increasing interest in diverse culinary practices and healthy eating trends.
The region's expanding multicultural populace fuels the rise in cumin demand as
a staple spice across various culinary styles. Also, growing awareness of
cumin's health benefits accelerates its adoption, broadening market reach and
driving sustained growth in North America. This expanding market landscape is
shaped by consumers’ evolving dietary choices, positioning cumin as a favored
spice.
Major companies
operating in global cumin market are:
- McCormick & Company, Inc.
- Olam Group Limited
- BASF SE
- Kinal Global Care Private Limited
- EVEREST Food Products Pvt. Ltd.
- Tata Consumer Products Limited
- Vigar Enterprises Pvt Ltd.
- Star Anise Foods
- Indo World Trading Corporation
- Sri Lakshmi Srinivasa Exim Private Limited
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“A key
trend in the cumin market is the growing demand for **organic cumin**. As
consumers become more health-conscious and seek natural, chemical-free
products, organic cumin is gaining popularity. This shift is driven by
increasing awareness of the health benefits of cumin, such as its antioxidant
properties and digestive advantages. Organic cumin, free from pesticides and
synthetic fertilizers, is also aligned with broader trends toward sustainable
and eco-friendly food sourcing. Additionally, the rise of organic food
certification standards and the increasing availability of organic cumin on
e-commerce platforms are helping drive this trend. The demand for organic cumin
is particularly strong in regions like North America and Europe, where
consumers are willing to pay a premium for high-quality, sustainably sourced
products“, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
"Cumin Market – Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type
(Whole Cumin Seed, Ground Cumin Seed, Cumin Seed Oil), By Application (Food
Industry, Pharmaceutical and Nutraceutical Industry, Cosmetics and Personal
Care Industry), By Distribution Channel (Online, Offline), By Region &
Competition, 2019-2029F”, has evaluated the future growth potential of global
cumin market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global cumin market.
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