Organic Spices and Herbs Market Research Report- Forecast to 2030

Organic Spices and Herbs Market Information- by Spices Type (Chilies, Garlic, Ginger, Turmeric, Cumin, Pepper, Cinnamon, Cloves, Cardamom and Others), by Herbs Type (Basil, Mint, Marjoram, Parsley, Oregano, Sage, Bay Leaves, Dill, Thyme, Rosemary, Celery, Kaffir lime leaves and Others), by Form (Whole, Powder, Crushed/Chopped, Essential oil and Others), by Application (Culinary, Meat &Poultry Products, Sauces & dips, Snacks & Convenience Foods, Soups & Noodles, Ready to Eat Meals, Beverages, Personal Care and Other) and Region - Forecast to

ID: MRFR/F-B & N/2831-CR | February 2021 | Region: Global | 142 Pages         

Organic Spices and Herbs Market

Organic Spices and Herbs Market is expected to grow at a 7.78% CAGR and reach USD 510.6 million by 2030.

Segmentation

By Spices Type Chilies Garlic Ginger Turmeric Cumin Pepper Cinnamon Cloves Cardamom
By Herbs Type Basil Mint Marjoram Parsley Oregano Sage Bay Leaves Dill Thyme Rosemary Celery Kaffir lime leaves
By Form Whole Powder Crushed/Chopped Essential oil
By Application Homes Restaurants & Health Segments Herbal Medicines

Key Players

  • Organic Spices Inc.
  • Frontier Natural Products Co-Op
  • Rapid Organics Pvt Ltd
  • Earthen Delight
  • Yogi Botanicals Pvt Ltd
  • The Spice Hunter Inc.
  • Starwest Botanicals Inc.

Drivers

  • Continuous demand for organic spices and herbs
  • High production of organic spices
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Organic Spices and Herbs Market Overview:


There has been a continuous demand for organic spices and herbs that are driving the market growth globally. According to a report on Global Organic Spices & Herbs Market Research Report- Forecast to 2030, the projected growth USD 510.6 million at a CAGR 7.78% of the certified organic herbs and spices market will rise exceptionally till 2030.


Among all the leading manufacturers of organic herbs and spices seeds, India is one of the largest producers of spices and also takes the major market share in spices export in the world market. Enhanced and modernized horticultural practices and insertion of high-yielding varieties of simple organic herbs and spices have supported huge production of spices in India and thus resulted in higher exports. According to the world spice production statistics, Spain and Turkey accounted for the highest percentage increase of 79% and 26% in spice exports during the period 2022-2030. But in spite of competition, India remains the highest exporter of spices globally as per volume.


COVID 19 Impacts and effects


The organic spices and herbs market share in India on a global platform has been surging all-time high, and the whole spice market has witnessed tremendous growth in the past couple of years. The main reason is due to the constant demand for premium and chemical-free spices & herbs. All over the world, the need for organic products, be it food, beverages or even herbs & spices is rising. Therefore, as per experts, organic spices and herbs market revenue during Covid-19 will not decrease.


No doubt, in spite of some slowdown, Organic Spices and Herbs Market will continue to unleash its maximum potential in the years to come. According to industry experts, the market forecast is that the growth graph will reach approximately 7.78 billion by the end of 2030. On the other hand, the CAGR for this year will be 6.10%.


Due to the high awareness and needs to get organic foods, the demand for herbs & spices has been steadily rising. On the other hand, people are getting more cautious about food safety and health hazards on processed foods, this has triggered higher demand for organic herbs & spices. The shift of preferences in food trends encouraging herbs & spices consumption. Farmers are also focussing on new methods of farming herbs and spices to increase the volume of production.


Market Dynamics



  • Major Drivers Of The Market


Apart from the growing global demand for Organic Spices and Herbs, the Asia Pacific region still dominates the market with more than 75% of market share in the year 2021 due to the high production of organic spices in India, China, and Vietnam in recent few years. Other small countries like Guatemala and Mexico are becoming major markets for organic spices and herbs in the North and Central American region but their share is very nominal. No one can deny the fact that there lies a strong potential for production as well as higher consumption of organic spices and herbs market in these regions apart from India and China.


India is the highest producer, consumer, and exporter of spice society organic herbs and spices. India can produce different varieties of herbs & spices because of its different agro-climatic conditions and soil types. As India remains king for the organic herbs & spices market because of its high domestic demand and supply there are other emerging nations like Vietnam, Indonesia, Spain and Guatemala are upcoming spice nations challenging the dominance of India on a global platform. There has been a continuous rise in the world demand for organic herbs & spices in developed countries like Spain, U.S., Japan, and Australia.



  • Significant Opportunities For The Market


Manarcadu Social Service Society located in Kerala is working significantly towards the improving quality of organic herbs.MASS empowers farmers to get organic certification and promotes them for export of their products including spices & herbs, coffee, and cocoa to European countries, the USA as per international standard. IFC has announced to investment in agri-commodity firm Olam to expand in India, Nigeria. One big MNC from Singapore has raised $175 million from International Finance Corp and project to finance its activities in India and Nigeria. They are looking to upgrade organic spices and sugar production in Maharashtra and Kerala in India.


Recently garlic has registered the maximum growth in terms of volume and value. It has major shares in the overall exports during the period, rising more than 150 percent in volume. Fennel also saw a growth of 92 percent in terms of volume. The other seed spices have also seen growth such as mustard, aniseed, and dill seed grew by 83 percent in terms of volume.



  • Market Restraints


The outbreak of COVID-19 has hard severely knocked out the growing pace of the organic herb market because of mandatory closures of herbs markets and farming across the globe, the profit share has fallen apart. COVID19 has disrupted the entire supply chain. Continuous lockdown created a negative impact and affected the morale of the farmers. The major retailers, such as supermarkets & hypermarkets and whose main job is selling organic herbs have gone through acute shortage despite having demand in certain areas across the globe.



  • Market Growth Challenges


The big chunk of the global organic spices and herbs market is segregated into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Vietnam and Indonesia will have a higher increase in the organic spices and herbs market during the forecast period (2022 to 2030) due to the rising production of chilies and pepper in these nations.



  • Cumulative Growth Analysis


The Global Organic Spices and Herbs market is estimated to grow 3,687-kilo tons by 2030 with a growth rate of 3.72%



  • Value Chain Analysis


There has been a growing demand for organic spices in us, the demand is rising everywhere including U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, etc. In the Asia Pacific market, the industry is surpassing all previous records. China and India are major players. The upstream value chain analysis can be done based on the estimated records. In Spite of the challenges the companies are facing globally but due to the strong supply chain, they will surpass all the hurdles. People love organic species and this trend is not going to stop!!


Segment Overview



  • By Form


Due to the increasing demand for natural species globally, new products are coming every day. Market Research Future, a firm that specializes in market reports related to the spice industry, recently forecasted in its report on Global Organic Spices & Herbs Market Research Report- Forecast to 2030 that the organic spices & herbs market will demonstrate an exceptional rise in CAGR during the forecast period.



  • By Sales Channel


India remains the volume-wise highest exporter of spices globally. Globally, organic chili and garlic both sum up more than 78% of the market share in the year 2021. North America, Europe, Asia Pacific, and the Rest of the World (RoW) are the markets for selling organic species. The Asia Pacific region has the bigger market share followed by North America



  • By Application:


Organic herbs are highly consumed across homes, restaurants & health segments, the herbal medicines are getting popular. The companies are focusing on increasing product innovations. But developing countries are growing faster.


Regional Analysis


The prominent market players in the Global Organic Spices and Herbs are a couple of American companies, a firm from Norway, Rapid Organic Pvt Ltd an Indian organization, The Spice Hunter, Inc., and Starwest Botanicals, Inc. again an American company.


A new trend has been seen, Chili, Parsley, Mint, and marjorams are upcoming producers and suppliers of herbs in the North American region due to the rising demand for organic spices and herbs in developed countries especially in the U.S., Australia, and Canada.


Competitive Landscape of  organic herbs


The market players for the organic spices and herbs market share are

Organic Spices Inc., Frontier Natural Products Co-Op, Rapid Organics Pvt Ltd, Earthen Delight, Yogi Botanicals Pvt Ltd, The Spice Hunter Inc., Starwest Botanicals Inc.


The major countries are:


North America


  • US

  • Canada

  • Mexico


Europe


  • Germany

  • UK

  • France

  • Spain

  • Italy

  • Rest of Europe


Asia-Pacific


  • China

  • India

  • Japan

  • Australia and New Zealand

  • Rest of Asia-Pacific


Rest of the World (RoW)


  • Middle East

  • South America


Recent Developments



  • The Global Organic Spices and Herbs market is estimated to reach USD 510.6 million by 2030 with a growth rate of 7.78%

  • The essential oil form of organic spices and herbs will rise at impressing rate of 4.11% during the forecast period

  • Innovation in farming is the key to succeed


Report Overview



  • Market overview highlights the global recognition of the Global Organic Spices and Herbs market

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis for the Flavored Spirits Market

  • Market segmentation overview

  • The regional analysis of the Flavored Spirits Market

  • Competitive landscape analysis

  • Recent Developments of Flavored Spirits Market



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 510.6 Million
  CAGR   7.78%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Spices Type, Herbs Type, Form, Application, and Other
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Organic Spices Inc., Frontier Natural Products Co-Op, Rapid Organics Pvt Ltd, Earthen Delight, Yogi Botanicals Pvt Ltd, The Spice Hunter Inc., Starwest Botanicals Inc.
  Key Market Opportunities   High awareness and needs to get organic foods
  Key Market Drivers   Continuous demand for organic spices and herbs, High production of organic spices


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Frequently Asked Questions (FAQ) :

Organic spices and herbs market volume would be USD 510.6 million by 2030.

According to the reports, the Organic spices and herbs market CAGR would be 7.78% during the estimated period.

Leading players in the organic spices and herbs market include Organic Spices Inc., Frontier Natural Products Co-Op, Rapid Organics Pvt Ltd, Earthen Delight, Yogi Botanicals Pvt Ltd, The Spice Hunter Inc., Starwest Botanicals Inc.

The exact answer is APAC region will be dominate the organic spices and herbs market.