Organic Spice Global Market Report 2024

Organic spices are cultivated without the use of chemicals and preservatives, and they undergo no fumigation or irradiation. These spices do not contain synthetic caking agents or chemical additives, and they are not grown with the use of pesticides or genetically modified components (GMOs). From seed to plate, organic spices adhere to the highest standards of organic farming.

The main types of organic spice products include organic ginger, organic turmeric, organic clove, organic pepper, organic cinnamon, organic nutmeg, organic mustard seeds, and others. Organic ginger, for example, is utilized as a healing root in various applications such as juices, teas, snacks, and as a condiment in cooking. These organic spices are available in various forms, including whole, raw, powder, seeds, and others, and are distributed through channels such as supermarkets, hypermarkets, convenience stores, online platforms, and more. The applications of organic spices span both commercial and household use.

The organic spice market research report is one of a series of new reports that provides organic spice market statistics, including organic spice industry global market size, regional shares, competitors with an organic spice market share, detailed organic spice market segments, market trends and opportunities, and any further data you may need to thrive in the organic spice industry. This organic spice market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The organic spice market size has grown strongly in recent years. It will grow from $29.1 billion in 2023 to $31.73 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth observed in the historical period can be attributed to factors such as heightened health awareness among consumers, changing preferences toward healthier options, the implementation of stringent regulations and certifications for organic products, a growing interest in global cuisine and culinary experimentation, and an increased adoption of sustainable farming practices in the cultivation of organic spices.

The organic spice market size is expected to see strong growth in the next few years. It will grow to $45.08 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The projected growth in the forecast period can be attributed to factors such as a rising demand for ethnic and authentic flavors in culinary experiences, an increasing focus on sustainability initiatives, the growth of e-commerce, a heightened demand for organic spices driven by their flavorful impact on food items, and an increased demand from the food processing industry. Key trends expected in the forecast period include the introduction of innovative product offerings, collaboration and partnerships within the industry, the adoption of advanced agricultural methods including steam treatment and dry heat methods, an emphasis on local sourcing and regional flavors, and the incorporation of functional spices to meet evolving consumer preferences.

The organic spice market is experiencing significant growth due to an increased demand for organic food products. This surge in demand is driven by the perception that organic food is healthier and better for immunity. As a result, the demand for organic herbs, spices, and seasonings is steadily rising. For example, the Organic Trade Associations (OTA) reported that sales of organic food in the US reached $60 billion in 2022, marking a noteworthy milestone. This underscores how the growing demand for organic food products is a key factor propelling the expansion of the organic spice market.

The organic spice market is anticipated to further thrive owing to the increasing trend of international trade exportation. This involves selling goods and services produced in one country to overseas consumers or businesses. Facilitated by trade agreements and liberalized policies, international trade enables organic spice producers to tap into broader global markets. In March 2023, the U.S. Census Bureau revealed that US exports totaled $256.2 billion, showing a $5.3 billion increase from February 2023. Hence, the growing international trade exportation is a driving force behind the growth of the organic spice market.

Innovations in product offerings stand out as a prominent trend in the organic spice market. Major industry players are actively developing innovative products to foster market growth. For instance, Simply Organic Inc., a US-based company specializing in organic spices, introduced vanilla bean paste and dairy-free cheese sauce mixes in March 2022. Vanilla bean paste enhances the taste of various dishes, while dairy-free cheese sauce mixes provide a rich, creamy flavor to favorites like nachos and pasta.

A strategic focus on innovative products, such as dry rubs, marinade mixes, and finishing salts, is employed by major companies operating in the organic spice market to drive revenues. These seasoning blends are designed to elevate the flavor of dishes during cooking. Simply Organic Inc. expanded its product line in March 2022 with the introduction of dry rubs, marinade mixes, and finishing salts. These offerings provide a convenient and adaptable way to enhance grilling and cooking, offering robust flavors inspired by different countries.

In January 2022, The Kraft Heinz Company, a US-based food and beverage company, acquired Just Spices GmbH for an undisclosed amount. This acquisition aligns with Kraft Heinz's global expansion strategy focused on taste elevation. The company aims to leverage its size and flexibility to broaden Just Spices' market share in the rapidly growing taste elevation sector. Just Spices GmbH, based in Germany, specializes in producing and selling a diverse range of spice blends and seasonings, including organic varieties.

Major companies operating in the organic spice market include Rapid Organic Pvt. Ltd., Organic Spices Inc., Yogi Botanicals International, The Spice Hunter Inc., Frontier Co-op, Live Organics Pvt. Ltd., Starwest Botanicals Inc., Rocky Mountain Spice Company, The Spice House, Spices Inc., UK Blending Ltd., The Watkins Company, Spice Chain Corporation, McCormick & Company, Aryan International, Pacific Spice Company Inc., Simply Organic Pvt. Ltd., Atlantic Spice Company, Bart Ingredients Ltd., Biova GmbH, Earthen Delight Agro Products Pvt. Ltd., Green Earth Products Pvt. Ltd., Herbs Egypt Co., Husarich GmbH, Kancor Ingredients Limited, Live Organics Pvt. Ltd., Mountain Rose Herbs, Naturex Ltd., Organic Wise Chemical Ltd., P.F. Harris Manufacturing Company LLC

Asia-Pacific was the largest region in the organic spice market in 2023. The regions covered in the organic spice market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the organic spice market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The organic spice market consists of sales of turmeric, ginger, garlic, cumins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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