Organic Spices Market Overview, Size, Competitive Landscape, Revenue Analysis 2030

 


Market Overview

The organic spices market is expected to experience a CAGR of 6.7% during the forecast period (2023-2030), increasing from USD 0.9 billion to USD 1.3 billion.

The rise in several health-conscious consumers and the increase in awareness regarding the health benefits associated with the consumption of organic spices are the two main factors driving the global organic food & beverages market. North America and Europe are the dominant regions in consuming different types of organic food products. It is attributable to a rise in per-capita income and continuous product evolution from the manufacturers’ side in these regions. Furthermore, some food manufacturers have focused on availing their food products in organic form due to the rise in preferences for organic products.

 

They are available in different forms as per consumer preferences, i.e., powder, granular, and liquid, further expected to drive the Organic Spices Market Overview. Some non-profit organizations such as IOFAM Organic International, Organic Trade Association, Soil Association, USDA, and National Organic Standard Board inspect the processing and production of organic food products in the global market.

 

Market Segmentation

The organic spices market has been segmented based on the following:

●     BY PRODUCT TYPE

●     Organic ginger

●     Organic turmeric

●     Organic clove

●     Organic pepper

●     Organic cinnamon

●     Organic nutmeg

●     Organic mustard seeds

●     Others

●     BY FORM

●     Powder

●     Granular

●     Extract

●     Raw

●     BY DISTRIBUTION CHANNEL

●     Direct

●     Indirect

●     BY REGION

●     North America

●     U.S

●     Canada

●     Mexico

●     Europe

●     Germany

●     France

●     UK

●     Italy

●     Spain

●     Rest of Europe

●     Asia-Pacific

●     China

●     India

●     ASEAN

●     Australia

●     New Zealand

●     Rest of Asia-Pacific

●     LAMEA

●     South Africa

●     Brazil

●     Argentina

●     Middle East

●     Rest of LAMEA

 

Regional Analysis

The organic spices market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific Organic Spices Market accounts for the highest organic spices market share. The Asian Pacific spices and seasonings market is expected to reach US$3.27 billion by 2021. The rise in preference for different types of regional cuisines such as Chinese food and Thai food, in which spices are one of the key ingredients, boosts the propelling demand for various types of spices. Clove, pepper, ginger, nutmeg, and mustard seeds are emerging as some of the popular spices gaining traction in the region. Moreover, in the past couple of years, there has been a rise in demand for organic food products due to the growth in awareness regarding the health benefits of the food product among consumers.

 

Some key organic spices market players are as follows:

●     HUSARICH GmbH

●     SPICE CHAIN CORPORATION

●     PACIFIC SPICE COMPANY, INC

●     RAMON SABATER, SAU (SABATER SPICES)

●     ORGANIC SPICES INC

●     SUNOPTA INC.

 

Industry News

In May 2021, Spicy Organic company announced the addition of 23 products to their online shop. This strategy will help the company expand its products reach consumers worldwide, and enhance its overall revenue in the coming years. The changing consumer buying behavior and shift more towards the digital world led to support for the success of the company’s strategy.

 

Related Reports:

Egypt Herbs & Spices Market research report — by type (Herbs and Spices) Packaging materials (Plastic, Paper, and others) Distribution Channel (Store based, and Non-store based) - Forecast till 2030 - https://www.marketresearchfuture.com/reports/egypt-herbs-spices-market-6327

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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