Expert Market Research’s new report titled “Global Organic Spices Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026”, gives an in-depth analysis of the global market organic spice market, assessing the market based on its segments such as product, shapes and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): 287 million USD
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 384 Million
Growing demand for natural and organic ingredients considered as a healthier alternative to spices grown with chemical fertilizers is driving the global organic spices market. Organic spices are made without the use of pesticides, harmful chemicals, or any other fertilizers, as the name suggests. They are widely used as flavoring agents, preservatives, colorings and for their aromatic properties which help in the growth of the market. These spices are widely used in Asian cuisines such as Thai, Indian, and other Asian cuisines. Due to the growing popularity of these cuisines around the world, the market for organic spices is also expanding.
Industry definition and major segments
Organic spices are grown without the use of pesticides, chemical fertilizers or sewer cracks, and are processed without the use of ionizing radiation or nutritional additives.
According to the product, the organic spices market can be divided into:
- Mustard seeds
The organic spices market can be broadly categorized based on its forms into:
Global Regions for Organic Spices Market include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The growing involvement and expansion of global and local players in the organic spices market is driving the global market. The market is expected to grow further due to the growing demand for sustainable, easy and nutritious foods. In the era of predictions, the demand for nutritious and beneficial organic spices is expected to increase which will aid in the growth of the market. In the coming years, a better understanding of the health benefits of certain spices, such as turmeric and ginger, is expected to drive the market forward.
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Main market players
Major market players include Organic Spices Inc., UK Blending Ltd, The Watkins Co., Daarnhouwer And Co, SunOpta Inc. (NASDAQ: STKL), Husarich Gmbh, Ramón Sabater, SAU and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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