TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 16
1.1 MARKET ATTRACTIVENESS ANALYSIS 17
1.1.1 GLOBAL SPICES MARKET, BY TYPE 18
1.1.2 GLOBAL SPICES MARKET, BY CATEGORY 19
1.1.3 GLOBAL SPICES MARKET, BY FORM 20
1.1.4 GLOBAL SPICES MARKET, BY END USE 21
1.1.5 GLOBAL SPICES MARKET, BY REGION 22
2 MARKET INTRODUCTION 23
2.1 DEFINITION 23
2.2 SCOPE OF THE STUDY 23
2.3 RESEARCH OBJECTIVE 23
2.4 MARKET STRUCTURE 24
2.5 KEY BUYING CRITERIA 24
3 RESEARCH METHODOLOGY 25
3.1 RESEARCH PROCESS 25
3.2 PRIMARY RESEARCH 26
3.3 SECONDARY RESEARCH 27
3.4 MARKET SIZE ESTIMATION 27
3.5 FORECAST MODEL 29
3.6 LIST OF ASSUMPTIONS 30
4 MARKET DYNAMICS 31
4.1 INTRODUCTION 31
4.2 DRIVERS 32
4.2.1 GROWING PREFERENCE FOR PACKAGED SPICES 32
4.2.2 RISING POPULARITY OF CROSS-CULTURAL CUISINES 32
4.2.3 GROWTH OF THE FOODSERVICE INDUSTRY 32
4.2.4 DRIVERS IMPACT ANALYSIS 33
4.3 RESTRAINT 34
4.3.1 VOLATILE COMMODITIES PRICES 34
4.3.2 RESTRAINTS IMPACT ANALYSIS 35
4.4 OPPORTUNITIES 35
4.4.1 DEMAND FOR ORGANIC SPICES 35
4.4.2 INCREASING AWARENESS REGARDING MEDICINAL PROPERTIES OF SPICES 35
4.5 CHALLENGES 36
4.5.1 UNORGANIZED MARKET 36
5 MARKET FACTOR ANALYSIS 37
5.1 VALUE CHAIN ANALYSIS 37
5.1.1 RAW MATERIAL PROCUREMENT 38
5.1.2 PROCESSING 38
5.1.2.1 WASHING 38
5.1.2.2 THRESHING 38
5.1.2.3 SIFTING 38
5.1.2.4 DRYING 38
5.1.2.5 SORTING/GRADING 38
5.1.2.6 GRINDING/CUTTING 38
5.1.3 PACKAGING 39
5.2 SUPPLY CHAIN ANALYSIS 39
5.3 PORTER’S FIVE FORCES MODEL 40
5.3.1 THREAT OF NEW ENTRANTS 40
5.3.2 BARGAINING POWER OF SUPPLIERS 41
5.3.3 BARGAINING POWER OF BUYERS 41
5.3.4 THREAT OF SUBSTITUTES 41
5.3.5 INTENSITY OF RIVALRY 41
5.4 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL SPICES MARKET 42
5.4.1 OVERVIEW 42
5.4.2 IMPACT ON PRODUCTION & RAW MATERIAL AVAILABILITY 42
5.4.3 IMPACT ON SUPPLY CHAIN 42
5.4.4 IMPACT ON PRICING 43
5.4.5 IMPACT ON END USERS 43
5.5 LIST OF RAW MATERIAL SUPPLIERS 43
5.6 LIST OF POTENTIAL BUYERS 45
5.7 LIST OF MAJOR TRADERS 46
6 GLOBAL SPICES MARKET, BY TYPE 48
6.1 OVERVIEW 48
6.1.1 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2032 49
6.2 GARLIC 50
6.2.1 GARLIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 50
6.3 GINGER 51
6.3.1 GINGER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 51
6.4 TURMERIC 52
6.4.1 TURMERIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 52
6.5 CUMIN 53
6.5.1 CUMIN: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 53
6.6 CINNAMON 54
6.6.1 CINNAMON: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 54
6.7 PEPPER 55
6.7.1 PEPPER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 55
6.8 OTHERS 56
6.8.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 56
7 GLOBAL SPICES MARKET, BY CATEGORY 57
7.1 OVERVIEW 57
7.1.1 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY CATEGORY, 2024-2032 58
7.2 CONVENTIONAL 58
7.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 58
7.3 ORGANIC 59
7.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 59
8 GLOBAL SPICES MARKET, BY FORM 60
8.1 OVERVIEW 60
8.1.1 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY FORM, 2024-2032 61
8.2 WHOLE 61
8.2.1 WHOLE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 61
8.3 GROUND/POWDER 62
8.3.1 GROUND/POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 62
8.4 OTHERS 63
8.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 63
9 GLOBAL SPICES MARKET, BY END USE 64
9.1 OVERVIEW 64
9.1.1 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY END USE, 2024-2032 65
9.2 FOOD RETAIL 65
9.2.1 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 65
9.3 FOODSERVICE 66
9.3.1 FOODSERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 66
9.4 FOOD PROCESSING 67
9.4.1 FOOD PROCESSING: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 67
10 GLOBAL SPICES MARKET, BY REGION 68
10.1 OVERVIEW 68
10.2 NORTH AMERICA 70
10.2.1 US 72
10.2.2 CANADA 74
10.2.3 MEXICO 76
10.3 EUROPE 78
10.3.1 GERMANY 80
10.3.2 UK 82
10.3.3 FRANCE 84
10.3.4 SPAIN 86
10.3.5 ITALY 88
10.3.6 REST OF EUROPE 90
10.4 ASIA-PACIFIC 92
10.4.1 CHINA 94
10.4.2 JAPAN 96
10.4.3 INDIA 98
10.4.4 AUSTRALIA & NEW ZEALAND 100
10.4.5 REST OF ASIA-PACIFIC 102
10.5 SOUTH AMERICA 104
10.5.1 BRAZIL 106
10.5.2 ARGENTINA 108
10.5.3 REST OF SOUTH AMERICA 110
10.6 MIDDLE EAST & AFRICA 112
10.6.1 GCC 114
10.6.2 SOUTH AFRICA 116
10.6.3 REST OF MIDDLE EAST & AFRICA 118
11 COMPETITIVE LANDSCAPE 120
11.1 INTRODUCTION 120
11.1.1 MARKET STRATEGY ANALYSIS 120
11.2 COMPETITIVE BENCHMARKING 121
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 122
11.3.1 PRODUCT LAUNCH 122
11.3.2 ACQUISITION 122
12 COMPANY PROFILES 123
12.1 MCCORMICK & COMPANY, INC. 123
12.1.1 COMPANY OVERVIEW 123
12.1.2 FINANCIAL OVERVIEW 124
12.1.3 PRODUCTS OFFERED 125
12.1.4 KEY DEVELOPMENTS 126
12.1.5 SWOT ANALYSIS 127
12.1.6 KEY STRATEGIES 127
12.2 FRONTIER CO-OP 128
12.2.1 COMPANY OVERVIEW 128
12.2.2 FINANCIAL OVERVIEW 128
12.2.3 PRODUCTS OFFERED 128
12.2.4 KEY DEVELOPMENTS 132
12.2.5 SWOT ANALYSIS 133
12.2.6 KEY STRATEGIES 133
12.3 COLORADO SPICE 134
12.3.1 COMPANY OVERVIEW 134
12.3.2 FINANCIAL OVERVIEW 134
12.3.3 PRODUCTS OFFERED 134
12.3.4 KEY DEVELOPMENTS 135
12.3.5 SWOT ANALYSIS 136
12.3.6 KEY STRATEGIES 136
12.4 SPICESINC.COM 137
12.4.1 COMPANY OVERVIEW 137
12.4.2 FINANCIAL OVERVIEW 137
12.4.3 PRODUCTS OFFERED 137
12.4.4 KEY DEVELOPMENTS 143
12.4.5 SWOT ANALYSIS 144
12.4.6 KEY STRATEGIES 144
12.5 THE WATKINS CO. 145
12.5.1 COMPANY OVERVIEW 145
12.5.2 FINANCIAL OVERVIEW 145
12.5.3 PRODUCTS OFFERED 145
12.5.4 KEY DEVELOPMENTS 146
12.5.5 SWOT ANALYSIS 147
12.5.6 KEY STRATEGIES 147
12.6 ORGANIC TATTVA 148
12.6.1 COMPANY OVERVIEW 148
12.6.2 FINANCIAL OVERVIEW 148
12.6.3 PRODUCTS OFFERED 148
12.6.4 KEY DEVELOPMENTS 149
12.6.5 SWOT ANALYSIS 150
12.6.6 KEY STRATEGIES 150
12.7 ORGANIC SPICES INC 151
12.7.1 COMPANY OVERVIEW 151
12.7.2 FINANCIAL OVERVIEW 151
12.7.3 PRODUCTS OFFERED 151
12.7.4 KEY DEVELOPMENTS 154
12.7.5 SWOT ANALYSIS 155
12.7.6 KEY STRATEGIES 155
12.8 SAUER BRANDS, INC 156
12.8.1 COMPANY OVERVIEW 156
12.8.2 FINANCIAL OVERVIEW 156
12.8.3 PRODUCTS OFFERED 156
12.8.4 KEY DEVELOPMENTS 157
12.8.5 SWOT ANALYSIS 158
12.8.6 KEY STRATEGIES 158
12.9 B&G FOODS, INC 159
12.9.1 COMPANY OVERVIEW 159
12.9.2 FINANCIAL OVERVIEW 160
12.9.3 PRODUCTS OFFERED 160
12.9.4 KEY DEVELOPMENTS 164
12.9.5 SWOT ANALYSIS 165
12.9.6 KEY STRATEGIES 165
12.10 TERANA, SA 166
12.10.1 COMPANY OVERVIEW 166
12.10.2 FINANCIAL OVERVIEW 166
12.10.3 PRODUCTS OFFERED 166
12.10.4 KEY DEVELOPMENTS 167
12.10.5 SWOT ANALYSIS 168
12.10.6 KEY STRATEGIES 168
12.11 TAJÍN 169
12.11.1 COMPANY OVERVIEW 169
12.11.2 FINANCIAL OVERVIEW 169
12.11.3 PRODUCTS OFFERED 169
12.11.4 KEY DEVELOPMENTS 169
12.11.5 SWOT ANALYSIS 170
12.11.6 KEY STRATEGIES 170
13 REFERENCES 171
LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 26
TABLE 2 LIST OF ASSUMPTIONS 30
TABLE 3 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY TYPE, 2024-2032 (USD MILLION) 49
TABLE 4 GARLIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 50
TABLE 5 GINGER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 51
TABLE 6 TURMERIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 52
TABLE 7 CUMIN: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 53
TABLE 8 CINNAMON: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 54
TABLE 9 PEPPER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 55
TABLE 10 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 56
TABLE 11 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY CATEGORY, 2024-2032 (USD MILLION) 58
TABLE 12 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 58
TABLE 13 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 59
TABLE 14 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY FORM, 2024-2032 (USD MILLION) 61
TABLE 15 WHOLE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 61
TABLE 16 GROUND/POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 62
TABLE 17 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 63
TABLE 18 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY END USE, 2024-2032 (USD MILLION) 65
TABLE 19 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 65
TABLE 20 FOODSERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 66
TABLE 21 FOOD PROCESSING: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 67
TABLE 22 GLOBAL SPICES MARKET ESTIMATES & FORECAST, BY REGION, 2024-2032 (USD MILLION) 69
TABLE 23 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2032 (USD MILLION) 70
TABLE 24 NORTH AMERICA: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 71
TABLE 25 NORTH AMERICA: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 71
TABLE 26 NORTH AMERICA: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 71
TABLE 27 NORTH AMERICA: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 72
TABLE 28 US: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 72
TABLE 29 US: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 73
TABLE 30 US: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 73
TABLE 31 US: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 73
TABLE 32 CANADA: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 74
TABLE 33 CANADA: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 74
TABLE 34 CANADA: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 75
TABLE 35 CANADA: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 75
TABLE 36 MEXICO: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 76
TABLE 37 MEXICO: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 76
TABLE 38 MEXICO: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 77
TABLE 39 MEXICO: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 77
TABLE 40 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2032 (USD MILLION) 78
TABLE 41 EUROPE: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 79
TABLE 42 EUROPE: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 79
TABLE 43 EUROPE: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 79
TABLE 44 EUROPE: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 80
TABLE 45 GERMANY: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 80
TABLE 46 GERMANY: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 81
TABLE 47 GERMANY: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 81
TABLE 48 GERMANY: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 81
TABLE 49 UK: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 82
TABLE 50 UK: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 82
TABLE 51 UK: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 83
TABLE 52 UK: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 83
TABLE 53 FRANCE: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 84
TABLE 54 FRANCE: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 84
TABLE 55 FRANCE: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 85
TABLE 56 FRANCE: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 85
TABLE 57 SPAIN: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 86
TABLE 58 SPAIN: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 86
TABLE 59 SPAIN: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 87
TABLE 60 SPAIN: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 87
TABLE 61 ITALY: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 88
TABLE 62 ITALY: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 88
TABLE 63 ITALY: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 89
TABLE 64 ITALY: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 89
TABLE 65 REST OF EUROPE: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 90
TABLE 66 REST OF EUROPE: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 90
TABLE 67 REST OF EUROPE: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 91
TABLE 68 REST OF EUROPE: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 91
TABLE 69 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2032 (USD MILLION) 92
TABLE 70 ASIA-PACIFIC: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 93
TABLE 71 ASIA-PACIFIC: SPICES MARKET, BY CATEGORY, 2024-2032 (USD MILLION) 93
TABLE 72 ASIA-PACIFIC: SPICES MARKET, BY FORM, 2024-2032 (USD MILLION) 93
TABLE 73 ASIA-PACIFIC: SPICES MARKET, BY END USE, 2024-2032 (USD MILLION) 94
TABLE 74 CHINA: SPICES MARKET, BY TYPE, 2024-2032 (USD MILLION) 94