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The global organic spices market size reached US$ 24.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.86 Billion by 2027, exhibiting a growth rate (CAGR) of 5.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Organic spices refer to naturally-sourced food ingredients that are free from chemical additives, such as artificial colors, flavorants, preservatives, etc. They are primarily prepared by processing aromatic seeds, dried fruits or vegetables, roots, and barks. Some of the widely available types of organic spices include turmeric, chilies, garlic, ginger, coriander, nutmeg, mace, etc. They are gaining popularity over conventional spices for producing clean-label food items, mitigating health risks, curbing food adulteration, supporting environmental sustainability, etc.
The growing consumer concerns towards the presence of harmful chemical additives in conventional spices are primarily driving the global organic spices market. Furthermore, the high prevalence of numerous chronic ailments, including gastrointestinal disorders, CVDs, diabetes, etc., is also propelling the need for nutrient-rich and safe food ingredients. In addition to this, the escalating utilization of organic spices as natural preservatives to limit microbial growth and preserve the quality of meat and poultry products is further catalyzing the market growth. Moreover, the expanding fast-food sector along with the rising popularity of clean-label convenience food items, including bakery products, snacks, frozen goods, soups, etc., is also bolstering the demand for organically cultivated spices. Besides this, the emerging consumer awareness regarding various therapeutic benefits of organic spices in boosting immunity, reducing the risk of cancer, improving gastric ailments, etc., is acting as a signficant growth-inducing factor. Additionally, numerous initiatives undertaken by government organizations, such as the Food and Drug Administration (FDA) and the Food Safety Standards in India (FSSAI), to mitigate food adulteration and promote the adoption of organic manufacturing practices are creating a positive outlook for the global market. Moreover, several leading players are incorporating advanced technologies, such as steam treatment, for maintaining food quality, safety, and product standards, which is expected to drive the global organic spices market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global organic spices market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, form, application and distribution channel.
Breakup by Product Type:
Breakup by Form:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AKO GmbH, Frontier Natural Products Co-op, Husarich GmbH, Kohinoor Foods Ltd., McCormick & Company Inc., Organic Spices Inc., Pacific Spice Company Inc., Rapid Organic Pvt. Ltd., Rocky Mountain Spice Company, Spice Chain Corporation, Starwest Botanicals and Watkins Incorporated.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type,Form, Application, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||AKO GmbH, Frontier Natural Products Co-op, Husarich GmbH, Kohinoor Foods Ltd., McCormick & Company Inc., Organic Spices Inc., Pacific Spice Company Inc., Rapid Organic Pvt. Ltd., Rocky Mountain Spice Company, Spice Chain Corporation, Starwest Botanicals and Watkins Incorporated.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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