What Has Driven the Growth of the Dried Herbs Market in Recent Years?
The dried herbs market has seen considerable growth due to a variety of factors.
• The market for dried herbs has seen substantial growth in the past few years. It is projected to expand from $6.43 billion in 2024 to $6.79 billion in 2025, achieving a compound annual growth rate (CAGR) of 5.6%.
The historical growth has been spurred by factors such as conventional herbal medication, culinary customs, preservation and flavor enhancement, worldwide trade paths, as well as traditional culinary and medicinal wisdom.
What Can Be Expected from the Dried Herbs Market in the Coming Years?
The dried herbs market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are for the dried herbs market to experience significant growth in the coming years, expanding to $8.96 billion by 2029, with a compound annual growth rate (CAGR) of 7.2%.
This predicted growth during the forecast period is attributed to the emergence of sustainability and organic farming, innovation in packaging and presentation, global food fusion, changing dietary habits, and the rise of online retail and e-commerce. Anticipated trends in the forecast period include the progression of drying technology, a surge in culinary exploration, increased demand for organic options, the popularity of home gardening and day trends, as well as innovative packaging methods to ensure freshness.
What Are The Primary Growth Drivers In The Dried Herbs Market?
The upsurge in processed food consumption is anticipated to catalyze the expansion of the dried herbs market in the near future. Economic advancements leading to a rise in disposable income have resulted in heightened demand for processed foods. Urban and younger populations have taken to consuming these fast foods primarily due to a shortage of time for home-based cooking. These quick meals often incorporate dried herbs and additional components for taste and color enhancement, reducing cooking time and thus spiraling demand for dried herbs among food processing firms. For instance, the USDA Foreign Agricultural Service, a governmental body in the US, recorded an increase in processed food product export markets from $772.91 million in 2021 to $913.52 million in 2022 in November 2023. As a result, the escalating consumption of processed food is predicted to buoy the dried herbs market demand over the projected period.
How Are The Segments Defined Within The Global Dried Herbs Market?
The dried herbs market covered in this report is segmented –
1) By Product Type: Oregano, Rosemary, Sage, Savory, Mint, Thyme, Bay Leaves
2) By Nature Type: Organic, Conventional
3) By Drying Method Type: Air Drying, Vacuum Drying, Microwave Drying
4) By Form Type: Whole Herbs, Powdered Herbs
Subsegments:
1) By Oregano: Whole Oregano Leaves, Ground Oregano
2) By Rosemary: Whole Rosemary Leaves, Ground Rosemary
3) By Sage: Whole Sage Leaves, Ground Sage
4) By Savory: Summer Savory, Winter Savory
5) By Mint: Dried Mint Leaves, Ground Mint
6) By Thyme: Whole Thyme Leaves, Ground Thyme
7) By Bay Leaves: Whole Bay Leaves, Crushed Bay Leaves
Pre-Book The Dried Herbs Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Expected To Influence The Growth Of The Dried Herbs Market?
Leading firms in the dried herb market are concentrating on evolving home cooking and grilling in order to invent new products and amplify their footprint in emerging markets. Take for example, in March 2023, Simply Organic, an American spice and herb company, introduced New Dry Rubs, Marinade Mixes, and Finishing Salts. These have been crafted with the aim to elevate the home cooking and grilling experience. This fresh range includes four dry rubs and marinade mixes inspired by worldwide cuisine along with three finishing salts teased by professional chefs.
Who Are the Key Players in the Dried Herbs Market?
Major companies operating in the dried herbs market include:
• Archer Daniels Midland Company
• Kraft Heinz Company
• Pacific Botanicals
• McCormick & Company Inc.
• Döhler Group SE
• Alpine Herb Company
• Synthite Industries Ltd.
• Nature's Way Products LLC
• Frontier Co-op
• Van Drunen Farms Inc.
• British Pepper & Spice Company Ltd.
• Star Kay White Inc.
• Starwest Botanicals Inc.
• Indiana Botanic Gardens Inc.
• Oregon's Wild Harvest LLC
• Banyan Botanicals LLC
• Penzey's Spices LLC
• Mountain Rose Herbs Inc.
• Avi Naturals
• Monterey Bay Spice Company
• Red Moon Herbs Inc.
• Cherry Valley Organics LLC
• Sorich Organics Private Limited
• Hamps Bio Private Limited
• Maduras Herbals Private Limited
• Burlap & Barrel Single Origin Spices Inc.
What Is The Most Dominant Region In The Dried Herbs Market?
Western Europe was the largest region in the dried herbs market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the dried herbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
