According to a new report by Expert Market Research titled, “Global Organic Spices Market Share, Size, Report and Forecast 2024-2032″, the global organic spices market reached a value of around USD 332.24 million in 2023. Aided by the growing food and beverage industry and increased awareness of the health benefits of organic spices, the market is projected to further grow at a CAGR of 5% between 2024 and 2032 to reach a value of USD 514.60 million by 2032.
Organic spices are derived from plants grown without synthetic fertilisers, pesticides, or genetically modified organisms (GMO). These spices, such as turmeric, cinnamon, cloves, and pepper, retain the authentic aroma and flavour, making them preferable for culinary and medicinal uses. Apart from their primary function of adding flavour and aroma to dishes, organic spices also possess a myriad of health benefits. They often exhibit anti-inflammatory, antioxidant, and anti-microbial properties, which have heightened their importance in traditional medicines for centuries.
A major trend boosting the organic spices market growth is the increased awareness and preference for chemical-free agricultural products. As health-conscious consumers shift their focus towards natural, unprocessed foods, the demand for organic spices is inevitably rising. Modern consumers are more informed about the potential hazards of chemical residues in food products, leading to a surge in organic consumption patterns.
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One of the major organic spices market trends is the rising inclination towards the usage of these spices in the wellness and cosmetics industry. Organic spices like turmeric and saffron are being increasingly integrated into skincare routines for their numerous benefits, ranging from anti-ageing properties to skin brightening effects. Similarly, the essential oils derived from organic spices are gaining traction in aromatherapy and healing practices.
The organic spices market analysis reveals that there is a rise in the number of organic retail outlets, e-commerce platforms selling clean products, and dedicated organic sections in supermarkets worldwide. This increased accessibility is yet another major factor responsible for the burgeoning market demand. It is easier than ever for consumers to find and purchase a wide variety of organic spices due to the digital revolution and the growing network of organic suppliers.
Furthermore, the farm-to-table movement, which promotes consuming locally produced foods, has augmented the organic spices market demand. Consumers are more interested in the journey of their food from where it is grown to how it reaches their plate. Organic spices, with their sustainable farming practices and minimal processing, resonate well with this ideology.
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Market Segmentation
The market can be divided based on product, form, and region.
Market Breakup by Product
• Turmeric
• Clove
• Ginger
• Pepper
• Cinnamon
• Nutmeg
• Mustard Seeds
• Others
Market Breakup by Form
• Powder
• Granular
• Extract
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global organic spices market. Some of the major players explored in the report by Expert Market Research are as follows:
• Organic Spices Inc.
• The Watkins Co.
• Husarich GmbH
• Aryan International
• PAX Spices & Labs Inc.
• UK Blending LTD.
• Others
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