Organic Spices Market
Market Overview
The trends suggest that the organic spices market size was valued at 112.63 million in 2028 and is expected to reach 1126.3 million by 2028 and will be registering a CAGR of 6.70%.
The global organic food and beverages market in the market is expected to be valued at US$80 billion by 2030 . 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 market growth. 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 share 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
- 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
- North America
Regional Analysis
The organic spices market trends is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region 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.
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