Organic Spices Market Size, Share & Trends Analysis Report By Product (Turmeric, Ginger, Chili, Pepper), By Form (Powder, Whole, Chopped/Crushed), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Organic Spices Market Size, Share & Trends Analysis Report By Product (Turmeric, Ginger, Chili, Pepper), By Form (Powder, Whole, Chopped/Crushed), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Organic Spices Market Growth & Trends

The global organic spices market size is anticipated to reach USD 2.98 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.8% from 2024 to 2030. Rising preference for chemical free and healthy products is anticipated to drive the growth.High demand for traditional, exotic, and ethnic food flavors is expected to drive the growth. Moreover, introduction of authentic spices by the top brands is expected to positively influence the global demand.

In addition, high demand for durable, easy-to-make, and convenience foods is expected to fuel the adoption of products such as powdered organic spices. Asia Pacific and North America ar anticipated to register high demand for powdered spices, on account of continuous product innovation to cater to the changing consumer preference. In addition, adaptation of traditional spices is also expected to escalate the demand for organic spices in developed countries including, U.S., Canada, U.K. and Germany among others. Moreover, innovation of new organic spices with high nutritional value and health benefits is projected to drive the demand for organic spices. For instance, in 2017, ITC launched a range of specialty spices under its Master Chef brand.

rganic spices including, turmeric, ginger, clove, and cinnamon also have various health benefits. The antioxidant properties of turmeric and ginger, help fight Alzheimer’s, cancer, and several viral diseases. The anti-bacterial properties of clove and cinnamon help cure viral diseases and sore throat. These health benefits of various spices are anticipated to drive the demand for organic spices in near future. Leading companies operating in the organic spice market focus on new product launches to cater to the rising demand. For instance, in October 2017, Sensient Natural Ingredients LLC launched a new range of organic botanical spices including pink pepper, saffron, and cardamom, among others.

rganic Spices Market Report Highlights

• Turmeric dominated the organic spices segment with a revenue share of 22.0% in 2023, driven by its superfood status, culinary versatility, and growing demand for natural products.
• Powdered organic spices led the market with a revenue share of 52.8% in 2023. The widespread adoption of powdered spices can be attributed to their ease of measurement, mixing, and incorporation into recipes.
• Supermarkets/hypermarkets generated the largest revenue share of 44.6% in 2023. Organic spices in supermarkets and hypermarkets offer a vast array of options, sourced from diverse global regions.
• Asia Pacific organic spices market dominated the global organic spices market with a revenue share of 35.0% in 2023, fueled by its strong reputation as a leading producer and exporter of various spice types.

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