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Organic Herbs and Spices Market Analysis and Global Forecast 2023-2033

Organic Herbs and Spices Market Overview

The Organic Herbs and Spices Market Size is expected to reach USD 84.36 Billion by 2033. The Organic Herbs and Spices Market industry size accounted for USD 37.41 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 7.41% from 2023 to 2033. The Organic Herbs and Spices Market refers to the global industry focused on the production, distribution, and consumption of herbs and spices that are grown organically. These products are cultivated without the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), or other artificial agents.

The use of organic herbs and spices in culinary applications, as well as in the production of organic packaged foods and beverages is expanding. More consumers are becoming aware of the health benefits associated with organic products and are seeking out organic herbs and spices as part of a healthier lifestyle.

Global Organic Herbs and Spices Market Synopsis

Organic Herbs and Spices MarketCOVID-19 Impact Analysis

The COVID-19 pandemic had a significant impact on the Organic Herbs and Spices Market. With heightened awareness of health and immunity, consumers have turned to organic herbs and spices known for their health benefits and medicinal properties, such as turmeric, ginger, and garlic. Lockdowns and restrictions led to more people cooking at home, which increased the demand for a variety of herbs and spices to experiment with recipes and enhance home-cooked meals. As physical stores faced restrictions, there was a surge in online shopping. Consumers increasingly purchased organic products, including herbs and spices, from e-commerce platforms, which expanded the market reach. The pandemic caused significant disruptions in supply chains due to lockdowns, labor shortages, and transportation issues. This affected the availability and timely delivery of organic herbs and spices.

Organic Herbs and Spices Market Dynamics

The major factors that have impacted the growth of Organic Herbs and Spices Market are as follows:

Drivers:

Ø  Environmental and Sustainability Concerns

Consumers are increasingly aware of the health benefits associated with organic products, including herbs and spices, which are free from synthetic pesticides and fertilizers. Consumers are more concerned about the environmental impact of conventional farming practices. Organic farming methods, which are more sustainable and eco-friendlier, are attracting environmentally conscious consumers. Organic farming promotes biodiversity, soil health, and water conservation, aligning with the values of sustainability-minded consumers and companies. The rise of online retail platforms has made it easier for consumers to access a wide range of organic herbs and spices, even from distant producers. Advances in packaging technologies that preserve the freshness and potency of organic herbs and spices contribute to their popularity and shelf life.

Restraint:

  • Perception of High Production Costs

Organic farming often requires more labor-intensive and time-consuming practices compared to conventional farming. This includes the use of natural fertilizers, pest control methods, and crop rotation, leading to higher production costs. Obtaining organic certification is a rigorous and costly process. Farmers and producers must meet strict guidelines and undergo regular inspections, which can be financially burdensome, especially for small-scale producers. The supply of organic herbs and spices can be limited due to the smaller scale of organic farming operations and lower yields compared to conventional farming. Organic products are more susceptible to supply chain disruptions caused by factors such as adverse weather conditions, labor shortages, and transportation issues.

Opportunity:

⮚      Increasing Health Consciousness

Growing awareness of the health benefits of organic herbs and spices, such as their antioxidant and anti-inflammatory properties, is driving consumer demand. The trend towards functional foods and beverages, which offer health benefits beyond basic nutrition, creates opportunities for incorporating organic herbs and spices. The increasing consumer preference for sustainable and eco-friendly products can boost demand for organic herbs and spices, which are produced using environmentally responsible methods. There is potential for innovation in creating new product offerings such as organic spice blends, herbal teas, and ready-to-use seasonings that cater to diverse culinary preferences. The growing market for dietary supplements presents an opportunity for incorporating organic herbs and spices known for their health benefits into supplement formulations.

Organic Herbs and Spices Market Segment Overview

By Product Type

Based on Product Type, the market is segmented based on Ginger, Turmeric, Clove and Others. The turmeric segment is hold the largest share in the global organic spices market. Turmeric dominates the market because it is commonly used in natural treatments for conditions such as arthritis, digestive issues, and skin problems. Aside from that, numerous scientific studies that validate the health benefits of turmeric, resulting in increased consumer trust, are another growth driver. Apart from that, turmeric is relatively easy to grow organically, making it a viable option for farmers.

By Form

Based on Form, the market segment has been divided into the Powder, Granular and Others. The powder segment dominant the global organic spices market. Powders are simple to measure, combine, and incorporate into recipes. Furthermore, grinding spices into a powder increases the surface area exposed to air and moisture, which improves the release of flavors and aromas when used in dishes. Furthermore, powdered spices are more evenly distributed in a dish than whole or coarsely ground spices.

Global Organic Herbs and Spices Market Regional Analysis

Based on region, the global Organic Herbs and Spices Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Organic Herbs and Spices Market followed by the Asia-Pacific and Europe regions.

Organic Herbs and Spices North America Market

North America holds a dominant position in the Organic Herbs and Spices Market. North America is a significant market for organic herbs and spices, driven by high consumer awareness about health and wellness. The region has a strong presence of organic food retailers and robust certification standards (e.g., USDA Organic). The demand is bolstered by a growing trend towards clean label products and sustainable sourcing.

Organic Herbs and Spices Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Organic Herbs and Spices Market industry. China and India countries are significant producers and consumers of spices. The organic segment is growing as awareness about the benefits of organic farming increases. In India, the government’s support for organic farming practices is boosting market growth. In China, rising health consciousness and urbanization are driving demand.

Competitive Landscape

The global Organic Herbs and Spices Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

  • ORGANIC SPICES LLC UAE
  • ORGANIC INDIA ME
  • OMEGA SPICES
  • SOVEREIGN INDUSTRIES LLC
  • AKAY GROUP LTD.
  • VIDYA GROUP
  • MEVIVE INTERNATIONAL FOOD INGREDIENTS
  • DAULAT FARMS GROUP
  • BAYARA
  • SPICE STAR

Key Development

In March 2021, Sensient Natural Ingredients LLC (SNI) announced that it had completed the acquisition of New Mexico Chili Products Inc., a Deming-based, dehydrated chili production facility. The new plant processes specialty chili varieties and capsicums for selling commercially to CPG food manufacturers, spice grinders, and food service customers.

Scope of the Report

Global Organic Herbs and Spices Market, by Product Type
  • Ginger
  • Turmeric
  • Clove
  • Others
Global Organic Herbs and Spices Market, by Form
  • Powder
  • Granular
  • Others
Global Organic Herbs and Spices Market, by Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $84.36 Billion
CAGR 7.41% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Product Type, Form
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors ORGANIC SPICES LLC UAE, ORGANIC INDIA ME, OMEGA SPICES, SOVEREIGN INDUSTRIES LLC, AKAY GROUP LTD., VIDYA GROUP, MEVIVE INTERNATIONAL FOOD INGREDIENTS, DAULAT FARMS GROUP, BAYARA and SPICE STAR.
Key Market Opportunities • Increasing Health Consciousness
• Innovation and Product Development
Key Market Drivers • Environmental and Sustainability Concerns
• Technological and Distribution Advances

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Organic Herbs and Spices Market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Organic Herbs and Spices Market historical market size for the year 2021, and forecast from 2023 to 2033
  • Organic Herbs and Spices Market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global Organic Herbs and Spices Market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Frequently Asked Questions (FAQ)

The Online Food Delivery Service Market Overview is expected to grow at a compound annual growth rate (CAGR) of 8.41% from 2023 to 2033.

The Asia-Pacific region has the highest growth rate in the Online Food Delivery Service Market Overview.

North America holds the largest share of the Online Food Delivery Service Market Overview.

Key players in the Online Food Delivery Service Market Overview include Uber Eats, Zomato, Swiggy, Domino’s Pizza, Foodpanda, Just Eat, Pizza Hut, and Deliveroo.

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