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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1649434

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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1649434

Global Herbs and Spices Market - Forecasts from 2025 to 2030

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The global herbs and spices market is projected to grow at a CAGR of 7.53%, from US$29.294 billion in 2025 to US$42.110 billion in 2030.

Herbs and spices are widely utilized in food and beverages to enhance flavor and provide a distinctive aroma, catering to the evolving taste preferences of consumers globally. The increasing use of various herbs and spices is driven by a growing number of individuals attempting to replicate restaurant-quality flavors in their home-cooked meals.Moreover, the incorporation of spices into beverages like tea and coffee offers health benefits. For instance, ingredients such as ginger, basil, and cardamom are increasingly favored in teas in countries like India for their unique flavors and soothing properties. Turmeric is commonly mixed with warm milk to boost immunity, while mint leaves are popular in Moroccan tea, and lemongrass tea is enjoyed by some in Japan. These trends are contributing to the market's growth over the forecast period.

Drivers of the Global Herbs and Spices Market:

  • Rising Demand for Natural and Organic Products: The increasing preference for natural and organic products is a significant driver of the herbs and spices market. Consumers are opting for items free from artificial additives, preservatives, and chemicals due to growing awareness of the health risks associated with such ingredients. Herbs and spices, being plant-based, align well with the clean-eating trend that emphasizes whole, unprocessed foods. Consequently, the demand for organic herbs and spices has surged as they are grown without synthetic pesticides or fertilizers.

Geographical Outlooks of the Herbs and Spices Market:

  • Global Market Segmentation: The global herbs and spices market is divided into five regions: North America, South America, Europe, the Middle East and Africa, and Asia Pacific. In North America, consumer awareness regarding health benefits associated with herbs and spices drives demand. These products are known for their antioxidant properties, anti-inflammatory effects, and digestive aid capabilities, further increasing interest in natural and organic options. Additionally, the rising popularity of ethnic cuisines has led to greater adoption of diverse herbs and spices as consumers seek new flavors.
  • Innovations in Product Offerings: Key players in the market are innovating by providing ready-to-use spice mixes, convenient packaging solutions, and blends tailored to busy consumers focused on health. With rising disposable incomes, there is also an increasing demand for premium and gourmet herbs and spices.
  • Asia-Pacific Demand: The Asia-Pacific region has a rich culinary tradition that heavily incorporates herbs and spices. This cultural emphasis has resulted in consistent demand for these products. The rapid growth of the middle class in countries like China and India has further accelerated interest in high-quality herbs and spices as consumers seek variety in their diets. The rise of processed foods in urban areas has also led to increased use of spices for added flavor. Additionally, many Asian cultures utilize herbs for their medicinal properties, contributing to demand in wellness and pharmaceutical sectors.

In summary, the global herbs and spices market is poised for growth driven by consumer preferences for natural products, innovations from key players, cultural culinary practices in Asia-Pacific, and rising health consciousness among consumers worldwide.

Reasons for buying this report:-

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The global herbs and spices market has been segmented as following:

By Product Type

  • Herbs
  • Basil
  • Mint
  • Coriander
  • Thyme
  • Lemongrass
  • Others
  • Spices
  • Ginger
  • Pepper
  • Cardamom
  • Cinnamon
  • Clove
  • Others

By Packaging Type

  • Bottles
  • Shaker
  • Crusher
  • Pouches
  • Containers

By Application

  • Food and Beverage
  • Pharmaceuticals

By Form

  • Whole
  • Ground

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Rest of the Middle East and Africa
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Rest of Asia-Pacific
Product Code: KSI061613625

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. Market Overview
  • 1.2. Market Definition
  • 1.3. Scope of the Study
  • 1.4. Market Segmentation
  • 1.5. Currency
  • 1.6. Assumptions
  • 1.7. Base and Forecast Years Timeline
  • 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

  • 2.1. Research Design
  • 2.2. Research Process

3. EXECUTIVE SUMMARY

  • 3.1. Key Findings
  • 3.2. Analyst View

4. MARKET DYNAMICS

  • 4.1. Market Drivers
  • 4.2. Market Restraints
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. The Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
  • 4.4. Industry Value Chain Analysis

5. GLOBAL HERBS AND SPICES MARKET BY PRODUCT TYPE

  • 5.1. Introduction
  • 5.2. Herbs
    • 5.2.1. Basil
    • 5.2.2. Mint
    • 5.2.3. Coriander
    • 5.2.4. Thyme
    • 5.2.5. Lemongrass
    • 5.2.6. Others
  • 5.3. Spices
    • 5.3.1. Ginger
    • 5.3.2. Pepper
    • 5.3.3. Cardamom
    • 5.3.4. Cinnamon
    • 5.3.5. Clove
    • 5.3.6. Others

6. GLOBAL HERBS AND SPICES MARKET BY PACKAGING TYPE

  • 6.1. Introduction
  • 6.2. Bottles
    • 6.2.1. Shaker
    • 6.2.2. Crusher
  • 6.3. Pouches
  • 6.4. Containers

7. GLOBAL HERBS AND SPICES MARKET BY APPLICATION

  • 7.1. Introduction
  • 7.2. Food and Beverage
  • 7.3. Pharmaceuticals

8. GLOBAL HERBS AND SPICES MARKET BY FORM

  • 8.1. Introduction
  • 8.2. Whole
  • 8.3. Ground

9. GLOBAL HERBS AND SPICES MARKET BY GEOGRAPHY

  • 9.1. Global Overview
  • 9.2. North America
    • 9.2.1. United States
    • 9.2.2. Canada
    • 9.2.3. Mexico
  • 9.3. South America
    • 9.3.1. Brazil
    • 9.3.2. Argentina
    • 9.3.3. Rest of South America
  • 9.4. Europe
    • 9.4.1. United Kingdom
    • 9.4.2. Germany
    • 9.4.3. France
    • 9.4.4. Italy
    • 9.4.5. Spain
    • 9.4.6. Rest of Europe
  • 9.5. Middle East and Africa
    • 9.5.1. Saudi Arabia
    • 9.5.2. United Arab Emirates
    • 9.5.3. Rest of the Middle East and Africa
  • 9.6. Asia-Pacific
    • 9.6.1. China
    • 9.6.2. India
    • 9.6.3. Japan
    • 9.6.4. South Korea
    • 9.6.5. Taiwan
    • 9.6.6. Thailand
    • 9.6.7. Indonesia
    • 9.6.8. Rest of Asia-Pacific

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 10.1. Major Players and Strategy Analysis
  • 10.2. Market Share Analysis
  • 10.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 10.4. Competitive Dashboard

11. COMPANY PROFILES

  • 11.1. Keya Foods
  • 11.2. Snapin
  • 11.3. McCormick & Company, Inc.
  • 11.4. All-Season Herbs
  • 11.5. Kerry Group
  • 11.6. Suminter India Organics
  • 11.7. Fresco Spice Blends
  • 11.8. Artisan Palate
  • 11.9. On1y
  • 11.10. The Watkins Co.
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