Key Organic Spices Market Players (Covid-19) Outbreak: Size, Trends, Scope & Challenges To 2030

Organic Spices Market Overview:

The trends suggest that the organic spices market size was valued at $0.9 Billion in 2023 and is expected to reach $1.3 Billion by 2030 and will be registering a CAGR of 6.70%.

The global organic food and beverages market in the Organic Spices Market is expected to be valued at US$1.3 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 Segmentations:

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 analysed 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$0.8 Billion by 2022. 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.

Key Players:

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:

Vegan Supplements Market Research Report Information By Product Type (Vitamins, Minerals, Amino Acids & Proteins, Blends, Others), Form (Tablets, Capsules & Soft Gels, Powders, Gummies, others), Distribution Channel (Store-Based, Non-Store-Based), by Region – Forecast till 2028

Marché des suppléments vitaminiques : informations par type (vitamine B, vitamine C, vitamine D, multivitamines et autres), par forme (comprimés, capsules et gels mous, poudre et autres), par canal de distribution (en magasin et hors magasin) - Prévisions jusqu'en 2027

Marktforschungsbericht für gefrorenes Obst und Gemüse: Informationen nach Typ [Früchte (Melonen, Zitrusfrüchte, Beeren, Mango, Kiwi, Pfirsiche, Beeren und andere) und Gemüse (Erbsen, Pilze, Karotten, Bohnen, Mais und andere)], Kategorie (biologisch und konventionell), Form (ganz, in Scheiben geschnitten und gewürfelt und andere), Vertriebskanal [Filialbasiert (Supermärkte und Verbrauchermärkte, Convenience-Stores und andere) und Non-Store-basiert] und Region (Nordamerika, Europa, Asien-Pazifik und Rest der Welt) - Prognose bis 2030

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