According to Technavio, the Global Mustard Market is projected to expand by USD 2.70 billion between 2023 and 2028, at a CAGR of 6.57%. This surge in market growth is driven by the increasing awareness of mustard's health benefits, as it is rich in essential nutrients such as vitamins, minerals, and antioxidants. Furthermore, mustard sauces have become integral to culinary practices, particularly in Western and Asian cuisines, further accelerating market growth. The market is highly fragmented, with many players involved across different value chain stages. However, as competition rises, leading companies are focusing on product innovation, forging strategic alliances, and expanding into new regions to stay ahead. Technavio predicts strong growth for the mustard market over the forecast period.
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