Europe Dried Spices Market Size, Share & Trends Analysis Report By Source (Natural and Organic), By Form (Powder, Whole, and Granules), By Application, By Product Type, By Country and Growth Forecast, 2023 - 2030
The Europe Dried Spices Market would witness market growth of 3.8 % CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,01,417.3 tonnes, showcasing a growth of 4.1% (2019-2022).
The clean label movement, characterized by a preference for natural and minimally processed ingredients, has influenced the dried spices market. Consumers seek products with transparent labeling, free from artificial additives and preservatives. Clean-label enthusiasts seek products that undergo minimal processing. In the dried spices market, this preference extends to spice blends and formulations that retain the authenticity of the original spices, avoiding excessive processing steps that could compromise flavor, aroma, or nutritional value.
Furthermore, advancements in technology, including blockchain and QR code integration, have enhanced traceability in the supply chain. There is a growing consumer inclination toward investigating the provenance of dried spices, the methods employed during cultivation, and the complete voyage these spices take from the farm to the table. Consumers can simply scan the QR code using their smartphones to gain instant access to information about the specific dried spices. This information may include details about the spice's origin, cultivation methods, harvesting practices, and even the farmers involved in its production.
The Germany market dominated the Europe Dried Spices Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,008.4 million by 2030. The UK market is exhibiting a CAGR of 3.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.2% during (2023 - 2030).
The thriving food service sector in the EU is characterized by culinary diversity and a continuous quest for unique flavor profiles. As restaurants and eateries seek to differentiate themselves and cater to diverse consumer preferences, incorporating a variety of dried spices becomes integral to crafting distinctive and appealing menu offerings. Hence, the growing food and beverage sector and food service sector in Europe will assist in the growth of the regional dried spices market.
Based on Source, the market is segmented into Natural and Organic. Based on Form, the market is segmented into Powder, Whole, and Granules. Based on Application, the market is segmented into Food & Beverage Industry, Foodservice Industry, and Retail. Based on Product Type, the market is segmented into Pepper, Ginger, Cinnamon, Cumin, Turmeric, Cardamom, Cloves, Nutmeg & Mace and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Olam Group Limited
- EVEREST Food Products Pvt. Ltd.,
- Bart Ingredients Company Ltd.
- DS Group
- McCormick & Company, Inc.
- Sauer Brands
- Nestle S.A
- The Spice House
- Frontier Co-op.,
- Firmenich SA
Europe Dried Spices Market Report Segmentation
By Source (Volume, Tonnes, USD Billion, 2019-2030)
By Form (Volume, Tonnes, USD Billion, 2019-2030)
By Application (Volume, Tonnes, USD Billion, 2019-2030)
- Food & Beverage Industry
- Foodservice Industry
- Retail
By Product Type (Volume, Tonnes, USD Billion, 2019-2030)
- Pepper
- Ginger
- Cinnamon
- Cumin
- Turmeric
- Cardamom
- Cloves
- Nutmeg & Mace
- Others
By Country (Volume, Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe