Medicinal Spices Market Research Report- Forecast to 2027

Medicinal Spices Market Information- by Type (Turmeric, Chili, Pepper, Cumin, Garlic, Ginger, Clove, Cinnamon, Nutmeg and others), Form (Seeds, Whole, Ground/Powder, Crushed/Chopped, Roots, Minced, Flakes and others), Medicinal Properties (Anti-Flatulent, Anti-Emetic, Diuretic, Anti-Microbial, Anti-Bacterial, Antispasmodic and others) and Region - Forecast to 2027

ID: MRFR/F-B & N/2410-HCR | February 2021 | Region: Global | 110 pages

Market Synopsis of Medicinal Spices:


Market Scenario:


Medicinal spices are obtained from leaf, bark, seed, shell and other parts of plants which contains specific medicinal properties. Medicinal spices which are intended to provide the health benefits that may not be obtained from in others food products by consumer due to lack of knowledge and unbalance diet. There are different types of medicinal spices available in the market which helpful to boost specific functionality in the human body. Medicinal Spices for antioxidant, anti-aging and weight loss properties are highly in demand across the globe. Availability of Medicinal Spices in different form and improvement in distribution channels will change the market dynamics in upcoming years.


Study Objectives of Medicinal Spices Market:



  • Detail analysis of the market’s segments and sub-segments

  • To estimate and forecast market size by type, function, form, medicinal properties and region

  • To analyze key driving forces which are influencing the market

  • Region level market analysis and market estimation of North America, Europe, Asia, and rest of the world (ROW) and their countries

  • Value chain analysis & supply chain analysis of Medicinal Spices Market

  • Company profiling of major players in the market

  • Competitive strategy analysis and mapping key stakeholders in the market

  • Analysis of historical market trends and technologies along with current government regulatory requirements


 Intended Audience



  • Medicinal Spices Suppliers

  • Pharmaceutical Industry

  • Food Industry

  • Agriculture Industry

  • Retailers and wholesalers

  • Traders, importers and exporters


Key Findings:



  • Powder form of medicinal spices is evaluated to grow at a higher rate compare to other forms of medicinal spices

  • Medicinal spices with anti-emetic properties will witness higher growth during the forecast period


Segments



  • Medicinal Spices product has been segmented on the basis of type which comprises turmeric, chili, pepper, cumin, garlic, ginger, clove, cinnamon, nutmeg and others. Garlic will witness higher growth rate in upcoming years due to its increasing application to cure cold, cough and digestive problems.

  • Medicinal SPICES product has been segmented on the basis of form which comprises seeds, whole, ground/powder, crushed/chopped, roots, minced, flakes, and others. Powder form of medicinal spices will continue to dominate the market during forecast period.

  • Medicinal Spices product has been segmented on the basis of medicinal properties which comprises anti-flatulent, anti-emetic, diuretic, anti-microbial, anti-bacterial, antispasmodic and others. Anti-emetic and anti-bacterial medicinal spices will grow at significant rate during forecast period.


Regional Analysis


The Global Medicinal spices market is segmented into North America, Europe, and Asia Pacific along with rest of the world (RoW). Asia-Pacific region is estimated to dominate the market followed by North America. India, China and Vietnam are major spice producers in the Asia-Pacific region. Presence of various agro-climatic zones and seasons support various spices production in this region. Guatemala and Mexico are major spices market in the North-American region. Strong potential of spices production and consumption favors spices market growth the most among the various regions in the world. 


Key Players


The key players profiled in the Global Medicinal Spices Market are as Able Agro International (India), SOAP (Sapthsathi Medicinal Agriculture Project) (India), Frontier Natural Products Co-op (U.S), Sun Impex (Netherland), Earthen Delight (India), Yogi Botanicals (India), Live Organics Pvt Ltd (India)


The Global Medicinal Spices Market is segmented under the following regions mentioned below:


North America



  • U.S.

  • Canada

  • Mexico


Europe



  • Germany

  • France

  • Italy

  • Spain

  • U.K.

  • Rest of Europe


Asia-Pacific



  • China

  • India

  • Australia

  • Japan

  • Rest of Asia Pacific


Rest of the world



  • Iran

  • Turkey

  • Saudi Arabia

  • South Africa

  • Others


The report for Global Medicinal Spices Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.



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1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3 Research methodology

3.1 Research Methods

3.1.1 Primary research

3.1.2 Secondary research

3.2 Forecast model

3.3 Market Size estimation

4 MARKET DYNAMICS

4.1 Introduction

4.1.1 Value chain analysis

4.1.2 Porter’s five forces

4.1.3 Supply Chain Analysis

4.1.4 Macroeconomic indicators Analysis for top 5 Producing countries

5 MARKET TRENDS

5.1 Consumer Trends

5.2 Trends in Production and Consumption

5.3 Trade (Import-export) Analysis


6. Global Medicinal Spices Market-By Type

6.1 Introduction

6.2 Market size (sub segments)

6.2.1 Turmeric

6.2.2 Chili

6.2.3 Pepper

6.2.4 Cumin

6.2.5 Garlic

6.2.6 Ginger

6.2.7 Clove

6.2.8 Cinnamon

6.2.9 Nutmeg and

6.2.10 Others

7. Global Medicinal Spices Market- By Form

7.1 Introduction

7.2 Market size (sub segments)

7.2.1 Whole

7.2.2 Ground/powder

7.2.3 Crushed/chopped

7.2.4 Minced

7.2.5 Flakes and

7.2.6 Others

8. Global Medicinal Spices Market- By Medicinal properties

8.1 Introduction

8.2 Market size (sub segments)

8.2.1 Anti-flatulent

8.2.2 Anti-emetic

8.2.3 Antioxidant

8.2.4 Diuretic

8.2.5 Anti-microbial

8.2.6 Anti-bacterial

8.2.7 Antispasmodic

8.2.8 Others

9. MARKET -By Region

9.1 Introduction

9.2 North America

9.2.1 U.S.

9.2.2 Canada

9.2.3 Mexico

9.3 Europe

9.3.1 Introduction

9.3.1 Germany

9.3.2 France

9.3.3 Italy

9.3.4 U.K.

9.3.5 Spain

9.3.6 Rest of Europe

9.4 Asia– Pacific

9.4.1 China

9.4.2 India

9.4.3 Australia

9.4.4 Rest of Asia-Pacific

9.5 RoW

9.5.1 Egypt

9.5.2 South Africa

9.5.3 Others

10. Competitive Landscape

10.1 Introduction

10.2 Product Launch/Development

10.3 Partnerships and Collaborations

10.4 Acquisitions

10.5 Business Expansion

11. COMPANY PROFILES

11.1 Able Agro International (India)

11.2 SOAP (Sapthsathi Medicinal Agriculture Project) (India)

11.3 Frontier Natural Products Co-op (U.S)

11.4 Sun Impex (Netherland)

11.5 Earthen Delight (India)

11.6 Yogi Botanicals (India)

11.7 Live Organics Pvt Ltd (India)


LIST OF TABLES

TABLE 1 PESTLE ANALYSIS - U.S.

TABLE 2 PESTLE ANALYSIS- BRAZIL

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- INDIA

TABLE 5 PESTLE ANALYSIS- U.K.

TABLE 6 KEY SUPPLIERS OF RAW MATERIAL FOR MEDICINAL SPICES

TABLE 7 GLOBAL MARKET FOR MEDICINAL SPICES, BY TYPE, (2020–2027), USD MILLION

TABLE 8 GLOBAL MARKET FOR MEDICINAL SPICES, BY FORM, (2020–2027), USD MILLION

TABLE 9 GLOBAL MARKET FOR MEDICINAL SPICES, BY MEDICINAL PROPERTIES, (2020–2027), USD MILLION

TABLE 10 GLOBAL MEDICINAL SPICES SALES AND GROWTH RATE (2020–2027) USD MILLION

TABLE 11 GLOBAL MARKET FOR MEDICINAL SPICES TOP 5 COUNTRIES

TABLE 12 GLOBAL MARKET FOR MEDICINAL SPICES TOP COMPANIES-USD MILLION

TABLE 13 AMERICAN GLOBAL MARKET FOR MEDICINAL SPICES, BY TYPE, 2020-2027 (USD MILLION)

TABLE 14 AMERICAN GLOBAL MARKET FOR MEDICINAL SPICES, BY FORM, 2020-2027 (USD MILLION)

TABLE 15 AMERICAN GLOBAL MARKET FOR MEDICINAL SPICES, BY MEDICINAL PROPERTIES, 2020-2027 (USD MILLION)

TABLE 16 EUROPEAN GLOBAL MARKET FOR MEDICINAL SPICES, BY TYPE, 2020-2027 (USD MILLION)

TABLE 17 EUROPEAN GLOBAL MARKET FOR MEDICINAL SPICES, BY FORM, 2020-2027 (USD MILLION)

TABLE 18 EUROPEAN GLOBAL MARKET FOR MEDICINAL SPICES, BY MEDICINAL PROPERTIES, 2020-2027 (USD MILLION)

TABLE 19 APAC GLOBAL MARKET FOR MEDICINAL SPICES, BY TYPE, 2020-2027 (USD MILLION)

TABLE 20 APAC GLOBAL MARKET FOR MEDICINAL SPICES, BY FORM, 2020-2027 (USD MILLION)

TABLE 21 APAC GLOBAL MARKET FOR MEDICINAL SPICES, BY MEDICINAL PROPERTIES, 2020-2027 (USD MILLION)

TABLE 22 REST OF THE WORLD GLOBAL MARKET FOR MEDICINAL SPICES, BY TYPE, 2020-2027 (USD MILLION)

TABLE 23 REST OF THE WORLD GLOBAL MARKET FOR MEDICINAL SPICES, BY FORM, 2020-2027 (USD MILLION)

TABLE 24 REST OF THE WORLD GLOBAL MARKET FOR MEDICINAL SPICES, BY MEDICINAL PROPERTIES, 2020-2027 (USD MILLION)

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 4 TRENDS IN MEDICINAL SPICES IMPORTS 2020

FIGURE 5 GROWTH RATE IN MEDICINAL SPICES IMPORTS 2020

FIGURE 6 MEDICINAL SPICES IMPORTS MARKET SHARE BY TOP 5 IMPORTERS 2020

FIGURE 7 TRENDS IN MEDICINAL SPICES EXPORTS 2020

FIGURE 8 GROWTH RATE MEDICINAL SPICES EXPORTS 2020

FIGURE 9 MEDICINAL SPICES EXPORTS MARKET SHARE BY TOP 5 EXPORTERS 2020

FIGURE 10 VALUE CHAIN ANALYSIS

FIGURE 11 COST ANALYSIS: MEDICINAL SPICES

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS

FIGURE 13 GLOBAL MARKET FOR MEDICINAL SPICES TRENDS BY TYPE

FIGURE 14 GLOBAL MARKET FOR MEDICINAL SPICES TRENDS BY FORM

FIGURE 15 GLOBAL MARKET FOR MEDICINAL SPICES TRENDS BY MEDICINAL PROPERTIES

FIGURE 16 FINANCIALS