Title: Mustard Market - Forecast, 2022-2027
1Mustard MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Mustard Market size is estimated to reach 8.3
billion by 2027, growing at a CAGR of 5.7 during
the forecast period 2022-2027. The mustard plant
is demarcated as a seasonal plant that belongs to
the Brassicaceae family and is cultivated
worldwide for its seeds and leaves. Mustard is a
renowned condiment prepared from mustard seeds
and has across-the-board culinary applications.
It generally consists of two types Brassica
nigra (black) and Sinapis alba (white). Besides
cooking oil, mustard seeds are mixed with herbs,
flavorings, spices, and vinegar to form dressings
(sauce for salads). Honey mustard dressing is a
prominent creamy sauce fabricated using mustard
seeds and other important ingredients. Owing to
its rich vitamin E nature, mustard oil extends
several personal care applications like reducing
fine lines, preventing hair fall and dandruff,
and improving the complexion.
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- Key Takeaways
- Geographically, the Asia-Pacific Mustard Market
accounted for the highest revenue share in 2021.
The growth is owing to sweeping use in culinary
applications and low prices which suits the
pockets of the middle-class perfectly.
Furthermore, Asia-Pacific is poised to dominate
the market over the period 2022-2027. - Emerging cuisines culture with rapid
globalization, cost-effective nature, and
widescale usage in densely populated developing
countries are said to be preeminent drivers
driving the growth of the Mustard Market.
Changing tastes and preferences of people have
stimulated the demand for alternatives such as
flaxseed, chickpea, groundnut, and others and
environmental complications are said to reduce
the market growth.
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By Distribution Channel- Segment Analysis The
Mustard Market based on distribution channels can
be further segmented into offline and online. The
offline segment held the largest share in 2021.
The growth is owing to the across-the-board
presence of offline outlets such as hypermarkets,
supermarkets, convenience stores, and others. As
people are migrating to urban areas, the demand
for such outlets is heightening. Consequently,
the growing prevalence has provided growth
opportunities. In addition to that, brick and
mortar stores enjoy their monopoly in
impoverished areas as because of poor
infrastructure and connectivity they dont face
competition from e-commerce platforms. Moreover,
owing to eventful lifestyles, busy shoppers
prefer shopping in bulk and they find
supermarkets a perfect place to do so. Whereas,
many e-commerce companies deliver purchased items
separately which consumes more time. Furthermore,
the online segment is estimated to be the
fastest-growing with a CAGR of 6.9 over the
forecast period 2022-2027.Â
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- Mustard Industry Outlook
- Â
- Backwoods Mustard Company
- Woeber Mustard Manufacturing Company
- H.J. Heinz Company
- McCormick Foods
- Unilever
- Conagra Brands
- Cargill
- Frenchs
- Mustard and Co.
- Sun Impex
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Mustard Market - Forecast(2022 - 2027) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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