Market Outlook
Increasing consumption of condiments in the recent years has fuelled the demand for mustard brown extract. Mustard brown extract is the processed form of mustard brown seeds, which are derived as oil, powder, spice blends, etc. Mustard brown is scientifically known as Brassica Spp and commonly called as Indian mustard as it is natively cultivated in India. Mustard brown extracts are mainly produced to provide spicy condiments with extreme pungent flavor. Mustard brown extract is majorly produced in South Asian countries including India, Indonesia, and are exported to North America and Europe, where there is huge demand directly and indirectly. Due to the spicy pungent flavor, it is used for household seasoning and blending. Mustard brown extracts are not just used for household cooking but are employed in various food processing industries as a secret key ingredient. Mustard brown extract has tempting spicy taste, which has created huge demand among the consumers all over the world.
Multi-utility Mustard Brown Extract
Spices always have huge demand among the consumers all over the world. Mustard brown extracts are universally traded and supplied to various industries as it is an active ingredient. Along with food ingredients, mustard brown extract oil exhibits aromatherapeutic properties, which find application in massage centers and spa. Mustard brown extract is also known for its medicinal application in treating somatic and mental disorders due to the presence of the enzyme myrosinase. The tonic obtained from mustard brown extract is used for treating muscular stiffness, foot ulcers, and migraine. A report published in the 'International Journal of Pharmaceutical Chemistry' proves that the antibacterial and antifungal properties of mustard brown extract adds more benefits to it. Increasing condiment products and escalating consumption of aromatic compounds have generated the demand for mustard brown extract. Growing processed food services in the developing countries is also expected to contribute to the growing demand for mustard brown extract. Bound to these factors, the global mustard brown extract market is projected to proliferate in terms of value & volume over the forecast period.
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Global Mustard Brown Extract Market: Segmentation
On the basis of end users, the global mustard brown extract market is segmented into-
Food Industry
Condiments
Pharmaceuticals
Aromatherapy
Household
On the basis of distribution channel, the global mustard brown extract market is segmented into-
Direct
Indirect
Supermarket/Hypermarket
Pharmaceuticals
Specialty stores
E-commerce
Global Mustard Brown Extract Market: Key Players
Examples of some of the leading players operating in the global mustard brown extract market include Herbal Terra LLC, McIlhenny Company, Global Healing Center, Grau Aromatics GmbH & Co., SRS Aromatics Ltd, S.N.N Natural Products, Eden Foods Inc., Wisconsin Spice Inc., Bister, etc. The players are showing a keen interest in developing mustard brown extracts.
Opportunities for Market Participants
Spices form an integral part of daily diet and have numerous medicinal applications along with rich aroma and flavor. As mustard brown extract has multi-utility functions to operate in various industries including food processing, pharmaceuticals, aromatherapy, etc., there would be greater market opportunities for the product developers and investors of mustard brown extract. As mustard brown can be easily cultivated in any region, it makes easy access to the raw materials for the investors. It can be deduced that there would be higher returns for the participants in the mustard brown extract market in the future.
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Global Mustard Brown Extract: Regional Outlook
Mustard brown extract is widely used across the world due to its ample applications. Mustard brown extract is highly processed and exported in the Asia Pacific, especially in countries including India, Australia, Japan, China and Indonesia due to the appropriate climatic conditions for the mustard cultivation. In China, the root extracts of mustard brown are used to treat cancer. In Europe, the mustard brown extract is predominantly imported to meet the demand of growing condiment products. Mustard brown extract is also highly imported in North America for culinary applications and serving hospitality services such as spa and massage, however, produced in large scale in Canada. In Latin America, the mustard brown extract is used for medicinal applications as it has antifungal, anti-inflammatory and healing properties. In the Middle East and Africa mustard brown extract is used as a galactagogue, a drug for lactating females to increase the yield of milk and used in high quantities for culinary purpose. Bound to these factors, the growth of the global mustard brown extract market is expected to have a significant growth over the forecast period.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
