How Big is The Organic Spices Market:
IMARC Group, a leading market research company, has recently releases report titledOrganic Spices Market:Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028The 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.
What is Organic Spices:
Organic spices are spices that are produced without the use of synthetic chemicals, pesticides, herbicides, and genetically modified organisms (GMOs). They contain turmeric, chilies, garlic, ginger, cloves, black pepper, coriander, cinnamon, rosemary, nutmeg, and mace. They are grown using natural and sustainable farming practices that promote soil health, biodiversity, and ecological balance. They are certified by recognized organic certification bodies, which verify that the farming practices meet the organic standards and regulations set by the respective country or region.
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Organic Spices Market Trends and Drivers:
The increasing concerns among individuals about the presence of harmful chemical additives in conventional spices represent one of the primary factors catalyzing the demand for organic spices around the world. Moreover, the rising adoption of organic spices as natural preservatives to restrict microbial growth and maintain the quality of food products like poultry and meat is favoring the growth of the market. In addition, the growing inclination towards instant, flavor-packed organic food products on account of rapid urbanization and busy lifestyles is influencing the market positively. Apart from this, a considerable reliance on online shopping applications that provide a wider collection of organic spices supported by doorstep delivery and numerous payment methods is strengthening the growth of the market.
Who are The Key Players Operating in The Industry?
- 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
What is Included in Market Segmentation?
Breakup by Product Type:
- Turmeric
- Ginger
- Clove
- Pepper
- Cinnamon
- Nutmeg
- Mustard Seeds
- Others
Breakup by Form:
- Powder
- Whole
- Chopped/Crushed
Breakup by Application:
- Commercial
- Household
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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porters Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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