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The India spices market was valued at INR 142,569.3 Crores in 2021.
We expect the India spices market to exhibit a CAGR of 11.15% during 2022-2027.
The expanding food processing industry, coupled with the increasing demand for innovative flavors,
authentic cuisines, and ethnic tastes in food items and snacks, is primarily driving the India spices
The sudden outbreak of the COVID-19 pandemic has led to the shifting consumer inclination across
India, from conventional brick-and-mortar distribution channels towards online retail platforms for
the purchase of spices.
Based on the product type, the India spices market can be categorized into pure spices and blended
spices. Currently, pure spices exhibit clear dominance in the market.
Based on the application, the India spices market has been segmented into veg curries, meat and poultry products, snacks and convenience foods, soups, sauces and dressings, bakery and confectionery, frozen foods, beverages, and others. Among these, veg curries represent the largest market share.
Based on the form, the India spices market can be bifurcated into packets, sprinkler, and crusher.
Currently, packets account for the majority of the total market share.
On a regional level, the market has been classified into South India, North India, West and Central
India, and East India, where South India currently dominates the market.
Some of the major players in the India spices market include Aachi Spices & Foods Pvt Ltd, Badshah Masala, Eastern Condiments Private Limited, Everest Food Products Pvt Ltd, Mahashian Di Hatti Private Limited, MTR Foods Pvt Ltd., and Patanjali Ayurved Limited.
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