Market Overview:
The global Organic Spices and Herbs Market CAGR of 7.78% by 2030 and reached to the USD 510.6 million with a during the forecast period. India was the largest producer off spices and has the largest share in the market in the export of the spices in the leading manufacturers of spices and herbs seeds. The enhanced and modern horticulture practices and insertion of high yield various types of simple organic herbs and spices has supported the huge production of spices in India which result in high export. India produced various types of herbs and spices due to different agro-climatic conditions and soil types.
There are other countries also such as Vietnam, Spain, Indonesia, and Guatemala which challenge the spice nations on the global platform. In Kerala, the Manarcadu Social Service Society was working hard in improving the quality of the organic herbs. The MASS empowers the farmers in getting organic certification and in promoting them their products for export which includes coffee, spices herbs, and cocoa to European countries. In terms of volume and value, garlic has registered its maximum growth.
In terms of volume, there has been 92% growth of the Fennel. Other seeds such as mustard, aniseed and dill seed also grown by 83% in volume. In the covid 19 pandemic, due to lockdown restrictions there was a complete loss to the farmers which create a negative impact on them. During the forecast period, the Vietnam and Indonesia have high increase in the Organic Spices and Herbs Market because of the increase in the production of chilies and pepper. With the growth rate of 3.72%, the global organic spices and herbs market was grown with 3.687 kilo tons by 2023.
The companies are facing so many challenges globally but because of the strong supply chain they pass all the problems and hurdles. New products are coming every day, because of the increase in the demand of natural spices globally.
Regional Classification:
The global organic spices and herbs market was spread in the following regions – North America includes Mexico, US Canada; Europe includes Italy, Germany, UK, Spain France; Asia Pacific includes Japan, China, India, Australia New Zealand; Middle East and South America.
Market Segmentation:
The global Organic Spices and Herbs Market Segmentation on the basis of spices type, herbs type, form and application.
On the basis of spices type, the global organic spices and herbs market was divided into Cardamom, Chilies, Cloves, Garlic, Cinnamon, Ginger, Pepper, Turmeric, and Cumin.
On the basis of herbs type, the global organic spices and herbs market was divided into Kaffir Lime Leaves, Basil, Celery, Mint, Rosemary, Marjoram, Thyme, Parsley, Dill, Oregano, Bay Leaves and Sage.
On the basis of form, the global organic spices and herbs market was divided into Essential Oil, Whole, Crushed/ Chopped and Powder.
On the basis of application, the global organic spices and herbs market was divided into Herbal Medicines, Homes and Restaurants Health Segments.
Top Key Players:
The global Key Organic Spices and Herbs Market Players are American companies, a firm from Norway, Rapid Organic Pvt Ltd an Indian organization, The Spice Hunter Inc. and Starwest Botanicals Inc.
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: [email protected]
