Product Code: SR1423A143_Report
The global organic spices market size reached US$ 25.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.10% during 2023-2028.
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.
Organic Spices Market Trends:
- 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.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global organic spices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, form, application and distribution channel.
Breakup by Product Type:
- Turmeric
- Ginger
- Clove
- Pepper
- Cinnamon
- Nutmeg
- Mustard Seeds
- Others
Breakup by Form:
- Powder
- Whole
- Chopped/Crushed
Breakup by Application:
Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- 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.
- Key Questions Answered in This Report
- 1. What was the size of the global organic spices market in 2022?
- 2. What is the expected growth rate of the global organic spices market during 2023-2028?
- 3. What has been the impact of COVID-19 on the global organic spices market?
- 4. What are the key factors driving the global organic spices market?
- 5. What is the breakup of the global organic spices market based on the product type?
- 6. What is the breakup of the global organic spices market based on the form?
- 7. What is the breakup of the global organic spices market based on the application?
- 8. What is the breakup of the global organic spices market based on the distribution channel?
- 9. What are the key regions in the global organic spices market?
- 10. Who are the key players/companies in the global organic spices market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Organic Spices Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Turmeric
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Ginger
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Clove
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Pepper
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Cinnamon
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Nutmeg
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Mustard Seeds
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Others
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
7 Market Breakup by Form
- 7.1 Powder
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Whole
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Chopped/Crushed
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Commercial
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Household
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Supermarkets/Hypermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Convenience Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Online Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 AKO GmbH
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Frontier Natural Products Co-op
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Husarich GmbH
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Kohinoor Foods Ltd.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 McCormick & Company Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Organic Spices Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Pacific Spice Company Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Rapid Organic Pvt. Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Rocky Mountain Spice Company
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Spice Chain Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Starwest Botanicals
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Watkins Incorporated
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio