Mustard Seeds Market Trends and Forecast
The future of the global mustard seeds market looks promising with opportunities in the farmland and greenhouse markets. The global mustard seeds market is expected to reach an estimated $0.9 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing use in global cuisines & condiments, rising awareness of mustard seedsÄX%$%X health benefits, and growing preference for mustard seeds as natural preservatives.
• Lucintel forecasts that white/yellow mustard seed is expected to witness the highest growth over the forecast period.
• Within this market, farmland is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Mustard Seeds Market
• India: The government has increased the minimum support price for mustard seeds to boost production.
• Canada: Richardson International announced the expansion of its mustard seed processing capacity.
• France: Terres Inovia launched a new program to enhance mustard seed yield and quality.
• United States: Mustard Seed Co-op set a target to expand its organic mustard seed product line by 20%.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Mustard Seeds Market by Segment
The study includes a forecast for the global mustard seeds market by product type, application, and region.
Mustard Seeds Market by Product Type [Value from 2018 to 2030]:
• White/Yellow Mustard Seeds
• Black Mustard Seeds
• Sarepta Mustard Seeds
Mustard Seeds Market by Application [Value from 2018 to 2030]:
• Farmland
• Greenhouse
• Others
Mustard Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Mustard Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mustard seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mustard seeds companies profiled in this report include-
• Monsanto
• Syngenta
• Limagrain
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• VoloAgri
• Takii
Recent Development in the Mustard Seeds Market
• ADM: Archer Daniels Midland (ADM) has initiated a project to develop new mustard seed hybrids with higher oil content, aiming to enhance the quality and yield of their mustard seed crops.
• Cargill: Cargill has announced the expansion of its mustard seed processing facilities in Canada, intending to increase its production capacity and meet the growing global demand.
• G.S. Dunn: G.S. Dunn, a leading mustard miller, has introduced a new line of organic mustard seed products to cater to the rising demand for organic and non-GMO ingredients in the food industry.
• Sinapis Alba: Sinapis Alba has launched a sustainability program focused on reducing the carbon footprint of mustard seed cultivation through innovative farming techniques and sustainable practices.
• Kraft Heinz: Kraft Heinz has committed to sourcing 100% of its mustard seeds from sustainable and traceable sources by 2025, as part of its broader sustainability goals.
Features of the Global Mustard Seeds Market
Market Size Estimates: Mustard seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Mustard seeds market size by product type, application, and region in terms of value ($B).
Regional Analysis: Mustard seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the mustard seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mustard seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the mustard seeds market size?
Answer: The global mustard seeds market is expected to reach an estimated $0.9 billion by 2030.
Q2. What is the growth forecast for mustard seeds market?
Answer: The global mustard seeds market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the mustard seeds market?
Answer: The major drivers for this market are increasing use in global cuisines & condiments, rising awareness of mustard seedsÄX%$%X health benefits, and growing preference for mustard seeds as natural preservatives.
Q4. What are the major segments for mustard seeds market?
Answer: The future of the mustard seeds market looks promising with opportunities in the farmland and greenhouse markets.
Q5. Who are the key mustard seeds market companies?
Answer: Some of the key mustard seeds companies are as follows:
• Monsanto
• Syngenta
• Limagrain
• Bayer Crop Science
• Bejo
• Enza Zaden
• Rijk Zwaan
• Sakata
• VoloAgri
• Takii
Q6. Which mustard seeds market segment will be the largest in future?
Answer: Lucintel forecasts that white/yellow mustard seed is expected to witness the highest growth over the forecast period.
Q7. In mustard seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the mustard seeds market by product type (white/yellow mustard seeds, black mustard seeds, and sarepta mustard seeds), application (farmland, greenhouse, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Mustard Seeds Market Market, Mustard Seeds Market Market Size, Mustard Seeds Market Market Growth, Mustard Seeds Market Market Analysis, Mustard Seeds Market Market Report, Mustard Seeds Market Market Share, Mustard Seeds Market Market Trends, Mustard Seeds Market Market Forecast, Mustard Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.