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Global Organic Spices Market Share, Analysis, Forecast: By Product: Turmeric, Clove, Ginger, Pepper, Cinnamon, Nutmeg, Mustard Seeds, Others; By Form: Powder, Granular, Extract, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Organic Spices Market Outlook
The global organic spices market attained a value of around USD 332.24 million in 2023. The organic spices market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5% to reach USD 514.60 million by 2032.
The organic spices market is primarily being driven by the rising food and beverage industry. The Asia Pacific is the leading region for organic spices and is likely to continue to dominate the global market in the forecast period as well.
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Properties and Applications
Spices that are cultivated without using conventional pesticides, artificial fertilizer, or sewage slots are considered organic spices and processed without ionizing radiation or nutritional additives.
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Based on the product, the organic spices market can be divided into:
- Turmeric
- Clove
- Ginger
- Pepper
- Cinnamon
- Nutmeg
- Mustard Seeds
- Others
The organic spices market can be broadly categorised based on its forms into:
- Powder
- Granular
- Extract
- Others
The EMR report looks into the regional organic spices markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The increased awareness of the health benefits of organic spices due to their therapeutic effects will fuel the demand over the forecast period. Spices are mainly used to add flavour, preserve, and colour food. Most of the organic spices include turmeric, chilies, garlic, ginger, coriander, nutmeg, as well as mace. Strong individual flavours and essence enriching meals for a variety of food applications remain a key driving force for the demand. Due to their long-term aromatic properties, the increasing popularity of exotic and natural ingredients in cooking will have a positive impact on the organic spices market growth. Spices are an essential ingredient for a number of cuisines throughout the world, due to its garnishing and aromatic advantages. Such ingredients provide a pleasant aroma and enhance the quality of food by adding a balanced level while cooking. The increasing demand for organic turmeric in food, snack products, convenience, and the application of meat and poultry due to its high preservative properties will stimulate the organic spices market growth of organic spices. Trade regulations, however, could hamper the organic spices market growth in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global organic spices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Organic Spices Inc.
- Aryan International
- The Watkins Co.
- Husarich GmbH
- PAX Spices & Labs Inc.
- UK Blending LTD.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Form |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Organic Spices Market Analysis
8.1 Key Industry Highlights
8.2 Global Organic Spices Historical Market (2018-2023)
8.3 Global Organic Spices Market Forecast (2024-2032)
8.4 Global Organic Spices Market by Product
8.4.1 Turmeric
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Clove
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Ginger
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Pepper
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Cinnamon
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Nutmeg
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Mustard Seeds
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Global Organic Spices Market by Form
8.5.1 Powder
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Granular
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Extract
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Organic Spices Market by Region
8.6.1 North America
8.6.2 Europe
8.6.3 Asia Pacific
8.6.4 Latin America
8.6.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Organic Spices Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Aryan International
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 The Watkins Co.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Husarich GmbH
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 PAX Spices & Labs Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 UK Blending LTD.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Organic Spices Market: Key Industry Highlights, 2018 and 2032
2. Global Organic Spices Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Organic Spices Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Organic Spices Historical Market: Breakup by Form (USD Million), 2018-2023
5. Global Organic Spices Market Forecast: Breakup by Form (USD Million), 2024-2032
6. Global Organic Spices Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Organic Spices Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Organic Spices Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Organic Spices Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Organic Spices Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Organic Spices Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Organic Spices Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Organic Spices Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Organic Spices Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Organic Spices Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Organic Spices Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Organic Spices Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Organic Spices Market Structure
Key Questions Answered in the Report
In 2023, the global organic spices market attained a value of nearly USD 332.24 million.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 514.60 million by 2032.
The major drivers of the market include the growing food and beverage industry, globalisation of tastes, and increasing experimentation with new recipes.
Increased awareness of the health benefits of organic spices due to their therapeutic effects and growing demand for natural and clean label ingredients are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading products in the market are turmeric, clove, ginger, pepper, cinnamon, nutmeg, and mustard seeds, among others.
The major forms of organic spices in the market are powder, granular, and extract, among others.
The major players in the market are Organic Spices Inc., Aryan International, The Watkins Co., Husarich GmbH, PAX Spices & Labs Inc., and UK Blending LTD., among others.
Analyst Review
The global organic spices market attained a value of USD 332.24 million in 2023, driven by the rising food and beverage industry. Aided by the increased awareness of the health benefits of organic spices, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%. The market is projected to reach USD 514.60 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market can be divided into turmeric, clove, ginger, pepper, cinnamon, nutmeg, mustard seeds, and others. The organic spices industry can be categorised based on form into powder, granular, extract, and others. The major regional markets for organic spices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific leading the market. The key players in the above market include Organic Spices Inc., Aryan International, The Watkins Co., Husarich GmbH, PAX Spices & Labs Inc., and UK Blending LTD., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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