Global Coriander Produce Market Size (2024 - 2030)

The Global Coriander Produce Market was valued at USD 4.51 Billion and is projected to reach a market size of USD 8.84 Billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 10.1%.

Market Overview:

One of the most popular spices in the world is coriander. It is one of those herbs whose entire plant, except for the leaf and seed, is used for food and medicine. Coriander is a spice made from the spherical, tan-colored seeds of the Coriandrum sativum plant, which belongs to the Apiaceae family.

Coriander contains antioxidants, anti-diabetics, hepatoprotective effects, antibacterial, antifungal chemicals, and volatile molecules. It contains vitamins A, Vitamin C, and Vitamin K, as well as thiamin, riboflavin, folate, calcium, iron, magnesium, potassium, copper, and manganese. These components are crucial in the medicinal usage of coriander.

Confectionery and medicinal industries are two typical Coriander Produce industry uses. Coriander dry seeds include essential oils and oil which are used in the confectionery and medicinal industries.

The use of coriander in food, medicine and cosmetics attracts global market companies as a result of its functional properties. Because of its anti-inflammatory, anti-bacterial, and anti-fungal characteristics, it is also used in the beauty sector, which is driving market expansion.

Most often, cilantro or coriander leaves are used in the cooking of foods including salads, soups, and curries and masalas. Additionally, it helps in the treatment of irritable bowel syndrome, constipation, intestinal gas, nausea, and diarrhoea (IBS). It has extremely little cholesterol and saturated fat. Flavonoid and isocoumarins like E-11-tetradecenoic acid ,2-decenoic acid, and capric acid. These elements are crucial to coriander's function as medicine.

Global Coriander Produce Market Drivers:

1. Coriander Seeds' longer shelf life and easy to store are driving market growth.

Coriander seeds are primarily utilised in the making of several meals. It is in high demand in the pharmaceutical and cosmetics industries due to its therapeutic properties. The higher shelf life and easy-to-store attributes of coriander seeds is fuelling the growth of the Coriander Produce Market.

According to a research report published in the International Journal of Chemical Studies, airtight packing of dried coriander seed enhances its shelf life from 2 to 4 years, while keeping fresh coriander leaves at 4 degrees Celsius extends its shelf life from 2 to 3 weeks.

2. The growing Asian population throughout the world is driving the market.

The Asian population in the United States roughly doubled between 2000 and 2019, and is estimated to exceed 46 million by 2060. Because of their flavour, coriander seeds are a part of the spice blend used in curry. Crushed coriander is frequently used in baked goods and gingerbread spices.

Global Coriander Produce Market Challenges

1.High Infection Risk Limit Market Growth

At least 970 illnesses, 75 hospitalizations and no deaths have been linked to eating cilantro, according to the Colorado Department of Health and Human Services. Salmonella, Shigella, Shiga-toxin-producing Escherichia coli norovirus, and Cyclospora cayetanensis have all been implicated as pathogens.

2.Strict Regulatory Guidelines Hinder the Market Growth

Strict regulations and high chances of infections limits coriander market growth. Coriander contains selenium, which can be dangerous, the suggested upper limit is 400mcg/day. These factors are limiting the Coriander Produce Market's expansion.

To prevent food contamination from coriander Sanitation Standard Operating Procedures (SSOPs), Good Manufacturing Practices (GMPs), Good Handling Practices (GHPs), Good Agricultural Practices (GAPs), and the United States Food and Drug Administration's "Guide to Minimize Microbial Food Safety Hazards of Fresh-cut Fruits and Vegetables" were used.

Impact of Covid 19 on Global Coriander Produce Market

The pandemic epidemic has slowed the market as a result of several economic, political, and social factors. The worldwide coriander output was greatly damaged by the crisis, with its value chain ranging from the primary production centres in underdeveloped nations to the global spice trade network. Labor shortages have resulted from worker migration following the implementation of lockdown measures by national governments to prevent the spread of the virus.

GLOBAL CORIANDER  MARKET REPORT COVERAGE:

Global Coriander Produce Market Segmentation

Global Coriander Produce Market Segmentation – By form

• Leaves

• Stems

• Seed

• Powder

• Paste

• Extract

The Powder segment dominate the Coriander Produce market. Coriander powder is one of the main ingredients of spices. Coriander is found in spice rubs, marinades, chilies, sauces, soups, and curries.

Because of the existence of a good number of dietary fibre, its rising uses in various cuisines. Coriander is commonly found in Mexican and Indian cuisines, as well as other culinary applications. Coriander powder was offered in various packet sizes and in a reasonable price range by major market companies such as Tata Sampann, Lauva Natural, Catch, and others. Such elements are accelerating the Powder segment's growth.

Coriander seeds may also be used to extract high-quality oleoresin, which can be utilised to flavour dishes such as pickles, sweets, and beverages. Coriander powder is also used as a flavouring in a range of pharmaceutical goods, including stomach treatments.

Over the projection period, the Seed category is projected to develop at the quickest CAGR of 12.7%. Coriander seed is a more often traded item in the market than other varieties of coriander. It is easy to pack and store for a long period and has a longer shelf life, which is critical for long-distance shipping.

Coriander leaves, also known as cilantro, are commonly used in the production of salads, soups, and meals such as curries and masalas. It can also be used to treat nausea, diarrhoea, intestinal gas, constipation, and IBS (IBS).

Global Coriander Produce Market Segmentation – By Application

• Food

• Bakery

• Medicine

• Cosmetics

The Medicine category dominated the Coriander Produce market. Coriander possesses anti-inflammatory, antioxidant, and anti-bacterial qualities that may be used in a variety of medications. Coriander is excellent for the heart since it lowers blood pressure and LDL (bad) cholesterol while increases HDL (good) cholesterol. A spicy diet appears to be associated with a decreased risk of heart disease.

Furthermore, the Food category is estimated to expand at the quickest CAGR of 11.3% between 2023 and 2028, owing to the growing usage of coriander seed and leaf in culinary applications. Curry powder, curries, sausage, pickles, stew, and sauces all include it.

Coriander seed powder can be used in place of wheat flour to make Balady Bread. Fresh coriander leaves are frequently used in salads, and salad is on the menus of 75.84% of restaurants because it is high in nutritional fibres. Salads growing popularity and consumption are fuelling the rise of this market.

Global Coriander Produce Market Segment – Distribution Channel

• Supermarket

• Hypermarket

• Retail Store

• Others

Because of the various cashback or discounts, they give, supermarkets and hypermarkets are projected to remain a prominent distributor of the goods. However, due to the hectic schedules and busy lifestyles, customers currently choose to acquire coriander products through online retail outlets since they provide door-step delivery, which can favourably affect product sales through online channels.

Global Coriander Produce Market Segment – By Region

• North America

• Europe

• Asia Pacific

• South America

• Rest of the World

Asia-Pacific held a dominant Coriander Produce market share. This is due to increased coriander production in Asia-Pacific nations such as India, Indonesia, Bangladesh, and China. India is the world's top spice producer, user, and exporter.

Coriander powder is commonly used to make minced meat mixes (such as hamburgers and kebab), sausages, sauces, soups, and sweet baked dishes. The United Kingdom, Europe's largest importer of coriander seeds, is an intriguing focus market, accounting for nearly 30% of total European imports. Germany is an important consumption market.

Germany is a significant consumer market, owing to the country's huge food processing industry. Other markets with rising imports and consumption include the Netherlands, France, and Austria. The growing Asian population in European nations is also driving the usage of coriander in cooking.

Global Coriander Produce Market – Key players

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are significant strategies used by Coriander Produce Market participants.

1. Tyson Foods, Inc

2. Shan Foods Limited

3. Tyson Foods, Inc

4. Weber-Stephen Products

5. Olam Food Ingredient

6. The Watkins Company

7. Badia Spices

8. Empresas Tajín

9. B&G Foods

10. Mahashian Di Hatti Private Limited

11. Tony Chachere's