Global Organic Spices Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Turmeric, Ginger, Clove, Pepper, Cinnamon, Nutmeg, Mustard Seeds, Others), By Form (Powder, Whole, Chopped/Crushed), By Application (Commercial, Household), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Industry: Food & Beverages

RELEASE DATE Mar 2024
REPORT ID SI3886
PAGES 200
REPORT FORMAT PathSoft

Global Organic Spices Market Insights Forecasts to 2033.

  • The Global Organic Spices Market Size was Valued at USD 26.92 Billion in 2023.
  • The Market Size is Growing at a CAGR of 6.00% from 2023 to 2033.
  • The Worldwide Organic Spices Market Size is Expected to Reach USD 48.22 Billion by 2033.
  • North America is Expected to Grow the fastest during the forecast period.

Global Organic Spices Market

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The Global Organic Spices Market Size is Anticipated to Exceed USD 48.22 Billion by 2033, Growing at a CAGR of 6.00% from 2023 to 2033.

 

Market Overview

Organic spices are products that are bacteria-free, spicy, and natural. Aside from that, they provide health benefits and aroma or flavor to the food to which they are added. These products are used to improve the color and flavor of food products while also preserving them. A variety of organic species are used in food preparation, including turmeric powder, coriander, ginger, garlic, and chili powder. Organic spices are highly nutritious, versatile, and safe products with a longer shelf life, improved flavor profile, and anti-inflammatory properties. In addition, they reduce the risk of pesticide residue contamination, promote sustainability, and boost farmer income. The imposition of various government policies and regulations encouraging farmers to switch to organic farming methods through incentives and subsidies is propelling the market growth. Furthermore, the increasing consumer willingness to pay a premium for organic products, owing to the growing expenditure capacities, is contributing to the global organic spices market growth. Furthermore, recent technological advancements in logistics and storage, which allow for longer shelf life and wider distribution of organic spices, are driving global organic spices market growth. Some of the major factors boosting the market are increased public health awareness, a growing emphasis on ethical consumption, escalating food safety concerns, the implementation of various government policies and regulations, rising expenditure capacities, and the adoption of eco-friendly packaging.

 

Report Coverage

This research report categorizes the market for the global organic spices market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global organic spices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global organic spices market.

 

Global Organic Spices Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 26.92 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :6.00%
2033 Value Projection:USD 48.22 Billion
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:120
Segments covered:By Product Type, By Form, By Application, By Distribution Channel, By Region and COVID-19 Impact Analysis.
Companies covered::McCormick & Company, PDS Organic Spices, O.A.P., Frontier Co-op, The Spice Hunter Inc., Colorado Spice, Farm Boy Company Inc., The Watkins Co., Sun Impex International Foods LLC, The Watkins Co., Blue Dragon Canada Limited, Frontier Co-op, Primal Palate, Sun Impex International Foods LLC, SpiceLuxe and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The growing awareness of the health implications of food choices is having an important impact on the organic spices market, as is the growing emphasis on sustainability, which is influencing purchasing decisions based on ethical considerations. Furthermore, crop rotations, green manures, and other practices that enrich rather than deplete the soil are commonly used in organic agriculture, which supports long-term agricultural sustainability. The growing emphasis on food safety, as a consequence of the increasing number of food-related illnesses, combined with a better understanding of the long-term effects of synthetic additives, is driving global organic spices market growth. Moreover, the increase in research and development activities, in addition to the modernization of the new products offered in the market, will create new opportunities for the organic spice market.

 

Restraining Factors

Higher raw component costs and supply chain disruptions could hamper the global organic spice industry in the coming years. Increased logistics and production costs might limit the global industry's growth in the forecast period. Furthermore, the high marginal cost of the product and lower product penetration in untapped markets, among other factors, act as major restraints on the organic spices market during the forecast period.

 

Market Segmentation

The Global Organic Spices Market share is classified into product types, application, form, and distribution channel.

 

  • The turmeric segment is expected to hold the largest share of the global organic spices market during the forecast period.

Based on the product type, the global organic spices market is divided into turmeric, ginger, clove, pepper, cinnamon, nutmeg, mustard seeds, and others. Among these, the turmeric segment is expected to grow at hold the largest share in the global organic spices market during the forecast period. Turmeric dominates the market because it is commonly used in natural treatments for conditions such as arthritis, digestive issues, and skin problems. Aside from that, numerous scientific studies that validate the health benefits of turmeric, resulting in increased consumer trust, are another growth driver. Apart from that, turmeric is relatively easy to grow organically, making it a viable option for farmers.

 

  • The powder segment is expected to hold the largest share of the global organic spices market during the forecast period.   

Based on the form, the global organic spices market is divided into powder, whole, and chopped/crushed. Among these, the powder segment is expected to hold the largest share of the global organic spices market during the forecast period. Powders are simple to measure, combine, and incorporate into recipes. Furthermore, grinding spices into a powder increases the surface area exposed to air and moisture, which improves the release of flavors and aromas when used in dishes. Furthermore, powdered spices are more evenly distributed in a dish than whole or coarsely ground spices. In addition, powered organic spices should be evenly distributed to ensure that the flavor is spread consistently, thereby improving the overall taste of the dish.

 

  • The commercial segment is expected to hold the largest share of the global organic spices market during the forecast period.

Based on the application, the global organic spices market is divided into commercial, and household. Among these, the commercial segment is expected to hold the largest share of the global organic spices market during the forecast period. To meet the growing consumer demand for organic and natural food products, there must be a consistent and reliable supply of organic spices. In line with this, restaurants, food manufacturers, and other food service businesses frequently use organic spices to appeal to health-conscious and environmentally-conscious customers. Also, the culinary industry is emphasizing the use of high-quality, natural, and organic ingredients to improve dish flavor and nutritional value.

 

  • The supermarkets/hypermarkets segment is expected to grow at rapid pace in the global organic spices market during the forecast period.

Based on the distribution channel, the global organic spices market is divided into supermarkets/hypermarkets, convenience stores, and online stores. Among these, the supermarkets/hypermarkets segment is expected to grow at rapid pace in the global organic spices market during the forecast period. Supermarkets/hypermarkets offer a one-stop shopping experience, allowing customers to find a wide range of products, including organic spices, in one location. Furthermore, these large retail outlets have the space and resources to carry a wide variety of products, including organic spices. Additionally, supermarkets and hypermarkets have large marketing budgets that they can use to promote organic products, including spices.

 

Regional Segment Analysis of the Global Organic Spices Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia-Pacific is anticipated to hold the largest share of the global organic spices market over the predicted forecast period.

Global Organic Spices Market

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Asia-Pacific is anticipated to hold the largest share of the global organic spices market over the predicted forecast period. Asia Pacific has a long culinary history that heavily relies on the use of spices in various traditional dishes. Furthermore, the region is known for its abundant biodiversity, which includes a diverse range of plants and herbs used as spices.  Furthermore, the widespread prevalence of traditional and organic farming practices places the Asia-Pacific region in a favorable position to transition into the organic spices market. Aside from that, rising demand for organics and natural ingredients as people become more health conscious is driving global organic spices market growth. Furthermore, regional governments are implementing a variety of policies and incentives to encourage organic farming and promote organic product exports, which is contributing to global organic spices market growth.

 

North America is expected to grow at the fastest pace in the global organic spices market during the forecast period. The regional market's growth over the forecast period can be attributed to a significant increase in per capita income in countries such as the United States. Aside from that, increasing awareness of the health benefits of organic species consumption will help to drive regional market growth. Furthermore, increased adoption of authentic flavors and food preparation methods, particularly for traditional staples from North American countries like the United States and Mexico, is expected to boost global organic spices market growth.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global organic spices along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • McCormick & Company
  • PDS Organic Spices
  • O.A.P.
  • Frontier Co-op
  • The Spice Hunter Inc.
  • Colorado Spice
  • Farm Boy Company Inc.
  • The Watkins Co.
  • Sun Impex International Foods LLC
  • The Watkins Co.
  • Blue Dragon Canada Limited
  • Frontier Co-op
  • Primal Palate
  • Sun Impex International Foods LLC
  • SpiceLuxe

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In February 2023, Frontier Natural Products Co-op unveiled a new sustainable bulk packaging option for its spices, herbs, and botanicals.

 

  • In May 2023, Organic Spices Inc. announced that it has expanded into contract manufacturing and private label co-packing to provide value to customers.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Organic Spices Market based on the below-mentioned segments: 

 

Global Organic Spices Market, By Product Type

  • Turmeric
  • Ginger
  • Clove
  • Pepper
  • Cinnamon
  • Nutmeg
  • Mustard Seeds
  • Others

 

Global Organic Spices Market, By Form

  • Powder
  • Whole
  • Chopped/Crushed

 

Global Organic Spices Market, By Application

  • Commercial
  • Household

 

Global Organic Spices Market, By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores

 

Global Organic Spices Market, By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    McCormick & Company, PDS Organic Spices, O.A.P., Frontier Co-op, The Spice Hunter Inc., Colorado Spice, Farm Boy Company Inc., The Watkins Co., Sun Impex International Foods LLC, The Watkins Co., Blue Dragon Canada Limited, Frontier Co-op, Primal Palate, Sun Impex International Foods LLC, SpiceLuxe, and Others.
  • 2. What is the size of the global organic spices market?
    The global organic spices market size is expected to grow from USD 26.92 Billion in 2023 to USD 48.22 Billion by 2033, at a CAGR of 6.00% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    Asia Pacific is anticipated to hold the largest share of the global organic spices market over the predicted timeframe.

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