Global Organic Spices Market is valued approximately at USD XX Billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. There has been change in the food consumption habits and the lifestyle of people to consume healthy an organic food products. The global Organic Spices market is being driven by growing prevalence of food adulteration, using harmful ingredients as raw material for the production of food products. The other driving factor for market growth is the rising continuous product launches by the companies to enhance the market share. For instance: in 2021, Spicy Organic, Texas launched new products by expanding product range with 23 products of organic spices, herbs, teas and essential oils. Also, in January 2021, ORCO launched new range of organic spices across India with 32 new products. Furthermore, the rising awareness about the health benefits of organic products, rising disposable income and growing innovation with new flavors will provide new opportunities for the global Organic Spices industry. However, high prices of the organic spices may impede market growth over the forecast period of 2021-2027.
The regional analysis is evaluated on the basis of the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World for the global Organic Spices Market. Asia Pacific is the leading region across the world in terms of market share and also is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to easy availability of raw material, large consumption of spices, increasing adoption of organic food diet and enhanced standards of living have stimulated product demand in the region.
Major market player included in this report are:
Yogi Botanicals Pvt. Ltd.
Salzh?usl Himalaya-Kristallsalz GmbH
Rocky Mountain Company
Rapid Organic Pvt. Ltd
Organic Spices Inc.
The Spice Hunter
Frontier Natural Products Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
By Distribution Channel:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Organic Spices Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers