Cumin Ingredient Market By Type (Powder, Oil), By Application (Dining Room, Barbecue Stand, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global cumin ingredient market size was valued at $1.3 billion in 2022, and is projected to reach $1.9 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.

Cumin is a spice derived from the seeds of the Cuminum cyminum plant, widely used in cooking worldwide. It has a warm, earthy flavor with hints of citrus, adding depth to dishes. Commonly found in cuisines like Indian, Mexican, Middle Eastern, and North African, cumin enhances the taste of curries, stews, soups, and rice dishes. It is also a key component in spice blends such as garam masala and taco seasoning. Beyond its culinary uses, cumin is believed to aid digestion and possess antioxidant properties, making it both a flavorful and potentially beneficial ingredient in various cuisines and dishes.

Increasing urbanization significantly boosts the demand for cumin as an essential ingredient in the culinary landscape. Urban areas often witness a convergence of diverse cultures, leading to a greater appreciation and adoption of various cuisines. With more people living in cities, there is a growing demand for convenience food and ready-to-eat meals, where cumin plays a crucial role in adding flavor and depth to these products. Additionally, urbanization fosters a culture of dining out and exploring different cuisines, driving the demand for cumin-infused dishes in restaurants and food establishments. Moreover, urban lifestyles tend to be faster paced, with limited time for elaborate cooking. Cumin's versatility and ability to enhance the taste of dishes quickly make it a popular choice among urban dwellers looking to prepare flavorful meals efficiently. As urban populations continue to grow worldwide, the demand for cumin as a staple ingredient in urban kitchens and food establishments is expected to surge, fueling the expansion of the cumin ingredient market in urban areas and beyond.

Moreover, the globalization of food trade has significantly surged the market demand for cumin as an ingredient. With the ease of transportation and international trade agreements, cumin has become more accessible and is widely used in diverse cuisines worldwide. Importantly, this globalization has exposed consumers to a variety of ethnic food and flavors, driving curiosity and demand for ingredients like cumin that are essential to these cuisines. Moreover, as people become more adventurous in their culinary preferences, they seek out authentic flavors from different regions. This has led to a surge in demand for cumin as it is a fundamental spice in many ethnic cuisines such as Indian, Mexican, Middle Eastern, and North African. Additionally, food manufacturers and restaurants capitalize on this trend by incorporating cumin into a wide range of products and dishes, further fueling its market growth. Overall, the globalization of food trade has not only expanded the reach of cumin but also diversified its applications, driving robust demand in the global market.

However, volatility in supply significantly restrains the growth of the cumin ingredient market. Cumin cultivation is heavily influenced by various factors such as climate conditions, pests, diseases, and agricultural practices. Fluctuations in these factors can lead to inconsistent crop yields, impacting the availability and pricing of cumin in the market. This volatility poses challenges for both suppliers and buyers in planning production schedules, managing inventory, and forecasting market trends accurately. Furthermore, the cumin market is characterized by a limited geographic diversity in production, with major producers such as India, Iran, and Turkey, being susceptible to weather anomalies and geopolitical tensions. When supply disruptions occur in these regions, it can lead to significant market imbalances, thereby increasing prices and affecting the profitability of businesses reliant on cumin as a key ingredient. Consequently, the uncertainty surrounding cumin supply hampers investment decisions and long-term strategic planning, thereby restraining the overall growth potential of the market.

The cumin ingredient market is segmented on the basis of type, application, and region. By type, the market is segmented into oil and powder. By application, the market is segmented into dining room, barbecue stand and Others. By region, the market is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the global cumin ingredient industry include Starwest Botanicals, McCormick & Company, Young Living Essential Oils, TERRA, Madagascar Spices Company, Phoenix Herb Company, AOS Product, Essential Oils Company, AASHVI CORPORATION.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cumin ingredient market analysis from 2022 to 2032 to identify the prevailing cumin ingredient market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cumin ingredient market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cumin ingredient market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

End user preferences and pain points
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Brands Share Analysis
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)

Key Market Segments

By Type

Powder
Oil

By Application

Dining Room
Barbecue Stand
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Uk
- Italy
- Germany
- France
- Spain
- Rest Of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Viet Nam
- Indonesia
- Thailand
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Rest of LAMEA
Middle East and Africa
- South Africa
- Saudi Arabia
- Rest Of Mea

Key Market Players:

starwest botanicals, inc.
McCormick & Company Inc.
Young Living Essential oils
TERRA
Madagascar Spices Company
Phoenix Herb Company
AOS Product
Essential Oils Company
AASHVI CORPORATION
Ashapurna Spices

Product Code: A321986

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Value Chain Analysis
3.6. Key Regulation Analysis

CHAPTER 4: CUMIN INGREDIENT MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Powder
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Oil
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: CUMIN INGREDIENT MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Dining Room
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Barbecue Stand
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country

CHAPTER 6: CUMIN INGREDIENT MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Type
  - 6.2.4.1.2. Market size and forecast, by Application
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Type
  - 6.2.4.2.2. Market size and forecast, by Application
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Type
  - 6.2.4.3.2. Market size and forecast, by Application
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Uk
  - 6.3.4.1.1. Market size and forecast, by Type
  - 6.3.4.1.2. Market size and forecast, by Application
  - 6.3.4.2. Italy
  - 6.3.4.2.1. Market size and forecast, by Type
  - 6.3.4.2.2. Market size and forecast, by Application
  - 6.3.4.3. Germany
  - 6.3.4.3.1. Market size and forecast, by Type
  - 6.3.4.3.2. Market size and forecast, by Application
  - 6.3.4.4. France
  - 6.3.4.4.1. Market size and forecast, by Type
  - 6.3.4.4.2. Market size and forecast, by Application
  - 6.3.4.5. Spain
  - 6.3.4.5.1. Market size and forecast, by Type
  - 6.3.4.5.2. Market size and forecast, by Application
  - 6.3.4.6. Rest Of Europe
  - 6.3.4.6.1. Market size and forecast, by Type
  - 6.3.4.6.2. Market size and forecast, by Application
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Type
  - 6.4.4.1.2. Market size and forecast, by Application
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Market size and forecast, by Type
  - 6.4.4.2.2. Market size and forecast, by Application
  - 6.4.4.3. India
  - 6.4.4.3.1. Market size and forecast, by Type
  - 6.4.4.3.2. Market size and forecast, by Application
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Type
  - 6.4.4.4.2. Market size and forecast, by Application
  - 6.4.4.5. Viet Nam
  - 6.4.4.5.1. Market size and forecast, by Type
  - 6.4.4.5.2. Market size and forecast, by Application
  - 6.4.4.6. Indonesia
  - 6.4.4.6.1. Market size and forecast, by Type
  - 6.4.4.6.2. Market size and forecast, by Application
  - 6.4.4.7. Thailand
  - 6.4.4.7.1. Market size and forecast, by Type
  - 6.4.4.7.2. Market size and forecast, by Application
  - 6.4.4.8. Rest of Asia-Pacific
  - 6.4.4.8.1. Market size and forecast, by Type
  - 6.4.4.8.2. Market size and forecast, by Application
6.5. Latin America
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Type
  - 6.5.4.1.2. Market size and forecast, by Application
  - 6.5.4.2. Argentina
  - 6.5.4.2.1. Market size and forecast, by Type
  - 6.5.4.2.2. Market size and forecast, by Application
  - 6.5.4.3. Rest of LAMEA
  - 6.5.4.3.1. Market size and forecast, by Type
  - 6.5.4.3.2. Market size and forecast, by Application
6.6. Middle East and Africa
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by Type
- 6.6.3. Market size and forecast, by Application
- 6.6.4. Market size and forecast, by country
  - 6.6.4.1. South Africa
  - 6.6.4.1.1. Market size and forecast, by Type
  - 6.6.4.1.2. Market size and forecast, by Application
  - 6.6.4.2. Saudi Arabia
  - 6.6.4.2.1. Market size and forecast, by Type
  - 6.6.4.2.2. Market size and forecast, by Application
  - 6.6.4.3. Rest Of Mea
  - 6.6.4.3.1. Market size and forecast, by Type
  - 6.6.4.3.2. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. starwest botanicals, inc.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
8.2. McCormick & Company Inc.
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
8.3. Young Living Essential oils
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
8.4. TERRA
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Madagascar Spices Company
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
8.6. Phoenix Herb Company
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
8.7. AOS Product
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
8.8. Essential Oils Company
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
8.9. AASHVI CORPORATION
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
8.10. Ashapurna Spices
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments