The global demand for Carom Seed Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Carom seed is a small, oval-shaped seed, has a bitter and spicy taste, with a flavor similar to anise and oregano. It smells like thyme, are aromatic and less subtle in taste. Carom seed is a trendy spice globally and has a great demand for export. It is widely used by food processing and medicinal purpose. Carom seed offers many health beneficial properties: antibacterial and antifungal properties, improve cholesterol levels, may lower blood pressure, combats peptic ulcers and relieves indigestion, may prevent coughing and improve airflow, and has anti-inflammatory effects.
The growing awareness about carom seed for medicinal purposes is estimated to propel the demand for carom seed. Carom seed has many medicinal and culinary benefits; thus has great market demand. It yields an essential oil containing thymol, gamma-terpinene, and p-cymene and more than 20 trace compounds. It has excellent anti-inflammatory and curative properties and is good medicine to eliminate rheumatism and arthritis pains. It is also used as an antifungal compound and local anesthetic. The food processing industry is a significant consumer of carom seed. Carom seeds are rarely eaten raw; they are commonly dry-roasted or fried in ghee. It is widely used in the cuisine as a part of chaunk and sometimes with a little chopped garlic or onion to flavor a dish at the end of cooking. All this bodes well for market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of carom seed.
The entire carom seed market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
This section covers regional segmentation which accentuates on current and future demand for carom seed market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Carom Seed Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carom seed market include Tajagro Products, Sunrise, Vidhara, Marshall Food Industries, RRagrofoods, Nathwani Spices, Aniket Food Products, Sp agro industries, Bskoshellac. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.