Perilla Seeds Market Trends and Forecast
The future of the global perilla seeds market looks promising with opportunities in the individual grower and agricultural planting base markets. The global perilla seeds market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rising adoption of perilla seeds in skincare & cosmetic products, growing demand in the food & beverage industries for natural ingredients, and expanding applications in the pharmaceutical & nutraceutical industries.
• Lucintel forecasts that green perilla is expected to witness higher growth over the forecast period.
• Within this market, individual grower is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Perilla Seeds Market
• Japan: Several local farmers in Japan have partnered with seed technology companies to enhance perilla seed yield by 15% through improved cultivation techniques, supported by government subsidies.
• South Korea: Government initiatives in South Korea aim to double perilla seed exports by 2025, focusing on organic farming practices and quality certification to meet global demand.
• China: Chinese agricultural firms are investing in research to develop drought-resistant perilla seed varieties, aiming to expand cultivation in arid regions, supported by local government grants.
• USA: A major US health food retailer announced plans to introduce new perilla seed-based products, responding to growing consumer interest in plant-based nutrition and sustainable farming practices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Perilla Seeds Market by Segment
The study includes a forecast for the global perilla seeds market by type, application, and region.
Perilla Seeds Market by Type [Value from 2018 to 2030]:
• Green Perilla
• Red Perilla
• Others
Perilla Seeds Market by Application [Value from 2018 to 2030]:
• Individual Growers
• Agricultural Planting Base
• Others
Perilla Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Perilla 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 perilla seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the perilla seeds companies profiled in this report include-
• Henan Know-How Seed
• Kitazawa Seed Company
• West Coast Seeds
• Eden Seeds
• Fairy Valley
Recent Development in the Perilla Seeds Market
• Sunwin Bio-Tech: Invested in expanding perilla seed processing facilities to meet the growing demand for perilla seed oil in the food and cosmetics industries.
• Ingredion Incorporated: Partnered with a Chinese nutraceutical company to develop new functional food ingredients using perilla seed extracts, targeting the growing demand for natural health products in APAC.
• Koyo JAS: Launched a new line of roasted and flavored perilla seeds aimed at health-conscious consumers, capitalizing on the rising popularity of perilla seeds as a snacking option.
• ADH Bio-Products : Announced plans to cultivate perilla seeds domestically to cater to the rising demand for perilla oil in the Indian nutraceutical and cosmetics market, reducing dependence on imports.
Features of the Global Perilla Seeds Market
Market Size Estimates: Perilla seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Perilla seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Perilla seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the perilla seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the perilla seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for perilla seeds market?
Answer: The global perilla seeds market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the perilla seeds market?
Answer: The major drivers for this market are rising adoption of perilla seeds in skincare & cosmetic products, growing demand in the food & beverage industries for natural ingredients, and expanding applications in the pharmaceutical & nutraceutical industries.
Q3. What are the major segments for perilla seeds market?
Answer: The future of the perilla seeds market looks promising with opportunities in the individual grower and agricultural planting base markets.
Q4. Who are the key perilla seeds market companies?
Answer: Some of the key perilla seeds companies are as follows:
• Henan Know-How Seed
• Kitazawa Seed Company
• West Coast Seeds
• Eden Seeds
• Fairy Valley
Q5. Which perilla seeds market segment will be the largest in future?
Answer: Lucintel forecasts that green perilla is expected to witness higher growth over the forecast period.
Q6. In perilla 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.
Q7. 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 perilla seeds market by type (green perilla, red perilla, and others), application (individual growers, agricultural planting base, 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 Perilla Seeds Market Market, Perilla Seeds Market Market Size, Perilla Seeds Market Market Growth, Perilla Seeds Market Market Analysis, Perilla Seeds Market Market Report, Perilla Seeds Market Market Share, Perilla Seeds Market Market Trends, Perilla Seeds Market Market Forecast, Perilla Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.