India Coriander Seed Market
Coriander seed production in India reached 973.97 thousand tonnes and gross production value (GPV) market size stood at US$ 1.43 billion in 2022-23. India holds the title of the world's...
| Report ID: FnB-012 | Jan 2024 | 145 Pages | Status: Upcoming |
India Coriander Seed Market
Importance of India in the Global Supply of Coriander Spice
The coriander spice market in India holds significant importance both domestically and globally. India is one of the largest producers (accounted for 76-80%) and exporters of coriander, contributing significantly to the global supply chain. The country's favorable climate, coupled with extensive agricultural practices, supports robust coriander cultivation.
India plays a pivotal role in the global coriander supply chain, accounting for a substantial portion of the world's production. Its consistent supply and quality standards make it a preferred choice for buyers worldwide.
India Coriander Seed Production & Demand Trend
India consistently maintains high levels of coriander production to meet both domestic demand and export requirements. The demand for coriander, both in India and internationally, has shown a steady upward trend owing to its versatile culinary uses and increasing popularity in the food and beverage industry.
Market Growth Factors
■ Favorable agro-climatic conditions for cultivation
■ Increasing demand from the food processing and pharmaceutical sectors
■ Growing awareness about the health benefits of coriander
■ Expanding export markets and trade liberalization policies
■ Fluctuations in weather patterns affecting crop yields
■ Pests and diseases impacting production
■ Price volatility due to market dynamics and external factors
■ Fragmented Supply Chain, with multiple intermediaries involved in the distribution process
■ Competition from other coriander-producing regions
India Coriander Seed Supply/Value Chain Bottlenecks/Challenges
India's coriander supply and value chain face several bottlenecks that hinder the efficient movement of the commodity from farm to market. One significant bottleneck is the inadequate post-harvest handling and storage infrastructure, particularly in rural areas where most coriander cultivation occurs.
Insufficient cold storage facilities and improper handling techniques often result in quality deterioration and post-harvest losses. Additionally, transportation challenges exacerbate the situation, with inadequate road networks and poor connectivity to major markets impeding timely delivery. Moreover, the lack of standardized grading and quality control measures leads to inconsistency in product quality, affecting market competitiveness. Small-scale farmers, who form a significant portion of coriander producers, often face limited access to markets and fair pricing due to middlemen dominance in the supply chain.
Addressing these bottlenecks through investments in infrastructure development, technology adoption, and market linkages is crucial for enhancing the efficiency and resilience of India's coriander supply/value chain.
Coriander Seed Price Setting Power of India
India holds significant price-setting power in the global coriander seed market due to its position as one of the largest producers and exporters of coriander seeds. This influence allows India to impact global prices, particularly during peak production seasons when supply is abundant. The country’s well-established supply chain, extensive cultivation areas, and large-scale farming practices contribute to its dominant market position. However, India's price-setting power is moderated by several factors, including competition from other major producers like Morocco and Russia, as well as fluctuations in domestic demand driven by changing consumption patterns and the influence of middlemen and traders in the distribution chain. Additionally, climatic conditions, crop yields, and government policies related to agriculture and trade can also affect India's ability to control coriander seed prices. Despite these moderating factors, India's production volume and export capacity provide it with a considerable degree of influence over global coriander seed pricing.
Coriander Seed End-use Industries
The demand for coriander remains buoyant, driven by its extensive use in various end-use industries such as:
■ Food and beverage: Spices, sauces, condiments, and ready-to-eat meals
■ Pharmaceutical: Ayurvedic medicines, herbal supplements, and traditional remedies
■ Cosmetics: Skincare products, essential oils, and perfumes
The trend of coriander demand is witnessing a steady rise, fueled by its versatile applications across various end-use industries. In the food and beverage sector, coriander serves as a fundamental ingredient in a wide array of dishes, including curries, sauces, and marinades, owing to its distinctive flavor profile and aromatic properties. Furthermore, the growing consumer preference for natural and ethnic flavors in culinary creations further boosts the demand for coriander-based products.
In the pharmaceutical industry, coriander finds extensive use in the formulation of herbal medicines, ayurvedic remedies, and dietary supplements, attributed to its purported health benefits, such as aiding digestion and managing inflammation. Additionally, the cosmetics industry utilizes coriander extracts and essential oils in skincare products, perfumes, and aromatherapy blends, capitalizing on its soothing and rejuvenating properties.
As consumers increasingly prioritize wellness and authenticity in their consumption choices, the demand for coriander across these end-use industries is expected to continue its upward trajectory, driving market growth and innovation.
Coriander Seed Trade (Export & Import) Trend
India is a significant exporter of coriander, catering to markets across the globe. The country also imports coriander to meet domestic demand during periods of shortfall or to fulfill specific quality requirements.
India exported 54.481 thousand tonnes of coriander (seed and powder form) in 2022-23, valued at US$ 82.61 million. It included 81% of coriander seed and 19% in the form of coriander powder. The country also exported limited quantity of coriander oil worth of US$ 1.42 million in 2022-23. Malaysia, China, UAE, Nepal, and Saudi Arabia are the largest importer of coriander and extracts from India.
India Coriander Seed Market Competitive Analysis
The India coriander market features a competitive landscape with several key players vying for market share. Some prominent companies involved in coriander manufacturing and sales in India include:
Key Companies in India Coriander Spice Market include (Producers/ Processors/ Exporters),
■ Everest Spices
■ MDH Spices
■ Ramdev Food Products Pvt. Ltd.
■ Catch Foods
■ Eastern Condiments Private Limited
■ Pravin/ Suhana Masale
■ Aachi Spices & Foods Pvt Ltd.
■ Synthite Industries Ltd.
■ Olam Exports (India) Limited
■ Nedspice Group
■ Vidya Herbs Pvt. Ltd.
■ Royal Spices
■ Mane Kancor Ingredients
■ Jabs International Pvt Ltd.
■ SMJ Exports Pvt Ltd.
■ Swastik International
■ Kitchen Xpress Overseas Ltd.
■ J. Lal Foods International
Future Outlook
The future outlook for the India coriander market appears promising, driven by sustained demand from various sectors and favorable government policies supporting agricultural production and exports. However, addressing challenges such as improving infrastructure, enhancing value addition, and ensuring quality standards will be crucial for long-term growth and competitiveness. Additionally, leveraging technological advancements and sustainable farming practices can further enhance productivity and profitability in the coriander industry.
Report Coverage
India coriander seed market report covers historical market data from 2010-2023 and projections to 2030. The report also includes supply & demand and trade (import-export) market analysis. The decision matrix analysis helped in identifying the barriers and their implications on the value chain and different factors of relative significance to the India coriander market are diligently tracked and their impact closely monitored for short, medium, and long-term market cycles. The report's contents cover an analysis of the aspects involved in the coriander market such as the parent market, the evolution of the industry, innovative technologies in the manufacturing process, supply chain, and listing of key exporters.
Scope of the Report
| Report Attributes | Details |
|---|---|
| Historical Years | 2010–2022 |
| Base Year | 2023 |
| Forecast Period | 2024–2030 |
| Units | Value (US$ Million) and Volume (Tonnes) |
| Report Coverage | Production, Consumption, Export, and Import |
| Segments Covered |
|
| Geographies Covered | India |
| Companies Profiled | The market players include, Everest Spices, MDH Spices, Ramdev Food Products Pvt. Ltd., Catch Foods, Eastern Condiments Private Limited, Pravin/ Suhana Masale, Aachi Spices & Foods Pvt Ltd., Synthite Industries Ltd., Olam Exports (India) Limited, Nedspice Group, Vidya Herbs Pvt. Ltd., Royal Spices, Mane Kancor Ingredients, Jabs International Pvt Ltd., SMJ Exports Pvt Ltd., Swastik International, Kitchen Xpress Overseas Ltd., J. Lal Foods International, and Others. |
Please request for a sample report to learn more about the report coverage (Contact us at: sales@statledger.com or +91-9226-888268).Related Reports
■ Russia Coriander Seed Market – Trend Analysis & Forecast to 2030
■ Mexico Coriander Seed Market – Trend Analysis & Forecast to 2030
■ Turkey Coriander Seed Market – Trend Analysis & Forecast to 2030
■ USA Coriander Seed Market – Trend Analysis & Forecast to 2030
FAQs:
What is the production size of the coriander seed in India?India produced 973.97 thousand tonnes of coriander seeds in 2022-23.
What is the production value of coriander seed market?
Gross production value (GPV) market size of coriander stood at US$ 1.43billion in 2022-23 (based on farm gate prices).
What are the coriander seed exports from India?
In the fiscal year 2022-23, India shipped out 54.081 thousand tonnes of coriander, valued at US$ 82.61 million.
Who are the major importers coriander from India?
Malaysia, China, UAE, Nepal, and Saudi Arabia are the largest importer of coriander and extracts from India..
Who are the major producers of coriander?
India takes the lead in both producing and consuming coriander seeds worldwide. Additionally, countries such as India, Turkey, Mexico, and Russia are among the global producers of this spice.
India Coriander Seed Market – Supply & Demand, Trade, and Competitive Landscape Analysis
1. Executive Summary2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3.1. Evolution/ Origin & Geographic/Agronomic Suitability
3.2. Coriander Crop Seasonality
3.3. Processing & Grading
3.4. Coriander Seed Uses & Application Areas
3.5. Regulatory Analysis
5. India Coriander Seed Market Growth Factors Analysis
5.1. Drivers and Restraints Analysis
5.2. Challenges and Opportunities Analysis
5.3. India Coriander Seed Industry SWOT Analysis
5.4. India Coriander Seed Market PESTEL Analysis
5.5. Porter's Five Forces Analysis of the Indian Coriander Seed Market
6.1. India Coriander Seed Crop Analysis (Area and Production)
6.2. India Coriander Seed Production Trend
7.1. Domestic Consumption
7.2. Processing
7.3. Export Demand
7.4. Coriander Seed Supply Chain Analysis
7.5. Coriander Seed Product Variants
8.1. Coriander Seed Export Trend Analysis
8.2. Top 10 Export Destinations of India Coriander Seed & it’s Derivatives
9.1. Domestic Price Trend
9.2. Export Price Trend
9.3. Price Seasonality & Price Pattern Analysis
9.4. Price Events Analysis
10.1. India Coriander Seed Market Mapping
10.1.1. List of Key Countries Seed Importing Coriander from India
10.1.2. List of Key Companies Exporting & Importing Coriander & its Extracts from India
10.2. Company Profiles
10.3.1. Everest Spices
10.3.2. MDH Spices
10.3.3. Ramdev Food Products Pvt. Ltd.
10.3.4. Catch Foods
10.3.5. Eastern Condiments Private Limited
10.3.6. Pravin/ Suhana Masale
10.3.7. Aachi Spices & Foods Pvt Ltd.
10.3.8. Synthite Industries Ltd.
10.3.9. Olam Exports (India) Limited
10.3.10. Nedspice Group
10.3.11. Vidya Herbs Pvt. Ltd.
10.3.12. Royal Spices
10.3.13. Mane Kancor Ingredients
10.3.14. Jabs International Pvt Ltd.
10.3.15. SMJ Exports Pvt Ltd.
10.3.16. Swastik International
10.3.17. Kitchen Xpress Overseas Ltd.
10.3.18. J. Lal Foods International
12. Appendix
Table 1: India Coriander Seed Production Volume (Tonnes) (2010-2030)
Table 2: India Coriander Seed Production, Value (Tonnes) (2010-2030)
Table 2: India Coriander Crop Harvested Area, (2010-2030)
Table 3: India Coriander Seed Market, Demand Volume Details (Volume)
Table 4: India Coriander Seed Production Analysis, by State (2010-2022)
Table 5: India Coriander Seed Market, By End-use (Volume) (2015-2025)
Table 6: India Coriander Seed Export Trend, by Value (2010-2030)
Table 7: India Coriander Seed Export Trend, by Volume (2010-2030)
Table 8: India Coriander Seed Export Destinations by Volume (in %share) (2015-2023)
Table 9: India Coriander Seed Export Destinations by Value (in %share) (2015-2023)
Table 10: Top 10 Countries Importing Coriander Seed from India, by Value
Table 11: Top 10 Countries Importing Coriander Seed from India, by Volume
Table 12: India Coriander Seed Export Trend, By Type (2010-2030)
Table 13: India Domestic Coriander Seed Market Price Trend (2010-2030)
Table 14: India Coriander Seed Export Market Price Trend, FoB (2010-2023)
Table 15: Malaysia Coriander Seed Export Trend (2010-2023)
Table 16: China Coriander Seed Export Trend (2010-2023)
Table 17: UAE Coriander Seed Export Trend (2010-2023)
Table 18: USA Coriander Seed Export Trend (2010-2023)
Table 19: India Coriander Seed Import Trend, by Value (2010-2030)
Table 20: India Coriander Seed Import Trend, by Volume (2010-2030)
Table 21: India Coriander Seed Import Destinations by Volume (in %share) (2015-2023)
Table 22: India Coriander Seed Import Destinations by Value (in %share) (2015-2023)
Table 23: Top 10 Exporters of Coriander Seed & Products from India, by Value & Volume
Table 24: Top 10 Importers of Coriander Seed & Products from India, by Value & Volume
Table 25: List of Coriander Seed & Products Exporters & Importers
Table 26: India Coriander Seed Import Destinations by Value (in %share) (2015-2023)
Table 27: Industry Recent Developments
Table 28: Key Companies involved in Global Coriander Seed Trade, Processing, and Supply
Figure 1: Coriander Crop Seasonality Trend
Figure 2: India Population Dynamics, 2023
Figure 3: India Spices Production Trend Analysis
Figure 4: India: GDP Annual Growth & Exchange Rate Trend
Figure 5: Global Coriander Seed Market – An Overview
Figure 6: Global and India Coriander Seed Production Trend Comparison
Figure 7: India Coriander Seed Production Trend, 2010-2030 (Volume)
Figure 8: India Coriander Crop Area Trend, 2010-2030 (Volume)
Figure 9: India Coriander Seed Production Trend, by State, 2010-2030
Figure 10: India Domestic Seed Consumption of Coriander, 2015-2030 (Volume)
Figure 11: India Domestic Seed Processing of Coriander, 2015-2030 (Volume)
Figure 12: India Coriander Supply Channel Framework
Figure 13: Coriander Seed Product Variants Available in the Market
Figure 14: Global Coriander Seed Production, Volume, 2015-2023
Figure 15: Global Imports of Coriander Seed, Value (USD Million), 2015-2023
Figure 16: India Coriander Seed Export, Value, 2010-2030
Figure 17: India Coriander Seed Export, Volume, 2010-2030
Figure 18: India Coriander Seed Export Destinations Share (by Volume), 2023
Figure 19: India Coriander Seed Export Trend, by Value & Volume, 2010-2030
Figure 20: Top 10 Countries Importing Coriander Seed from India, %share by Value
Figure 21: Top 10 Countries Importing Coriander Seed from India, %share by Volume
Figure 22: Malaysia Imports of Coriander Seed, by Value & Volume (2015-2023)
Figure 23: China Imports of Coriander Seed, by Value & Volume (2015-2023)
Figure 24: UAE Imports of Coriander Seed, by Value & Volume (2015-2023)
Figure 25: USA Imports of Coriander Seed, by Value & Volume (2015-2023)
Figure 26: Nepal Imports of Coriander Seed, by Value & Volume (2015-2023)
Figure 27: India Coriander Seed Price Trend, Annual Average Prices, 2015-2030
Figure 28: India Price Trend, Monthly Average Prices, 2015-2023
To request a free sample copy of this report, please confirm the form below
