What Has Been The Evolution of the Herbs And Spices Market in Recent Years?
The herbs and spices market has seen considerable growth due to a variety of factors.
• In the past few years, the herbs and spices market size has experienced significant expansion. Its growth is expected to continue from $183.49 billion in 2024 to $195.15 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%.
The increased awareness of health, the internationalization of food, the emergence of ethnic cuisine, the surge in demand for organic items, the expansion of the food processing sector, and the popularity of convenience foods have all contributed to the growth over the historical period.
How Will the Herbs And Spices Market?
The herbs and spices market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for the herbs and spices market to experience robust growth in the ensuing years. Projected to elevate to $247.12 billion by 2029, it will grow at a compound annual growth rate (CAGR) of 6.1%.
This anticipated growth within the projected period is linked to factors such as thriving vegetation, elevated demand for spices that stimulate immunity, a trend towards bold tastes, the growth in spices' e-commerce, and the expansion of the foodservice sector. Key trends of the forecast period encompass sustainable sourcing methods, acceptance of organic and non-GMO certification, advancement in processing methods, inventive packaging to increase shelf life, use of artificial intelligence in optimizing supply chain, medicinal spice innovation, and the creation of spice mixes that align with international culinary trends.
Which Factors Are Boosting Growth In The Herbs And Spices Market?
The burgeoning desire for organic food is projected to push forward the progression of the herbs and spices market. Organic food, which are agricultural products cultivated and processed without the use of synthetic chemicals such as pesticides and fertilizers, and free from genetically modified organisms (GMOs), are in high demand. This escalating demand is propelled by a growing health consciousness, concerns about environmental sustainability, and an awareness of the benefits of chemical-free, nutrient-dense produce. The surge in organic food consumption amplifies the need for herbs and spices, which are appreciated for their natural qualities and their compatibility with chemical-free diets. For example, data from the Department for Environment, Food, and Rural Affairs, a UK government department, released in May 2023 showed that in 2022, there was 509 thousand hectares of land farmed organically in the UK, marking a 0.4% increase from 2021. The area dedicated to organically grown vegetables also grew by 4.8% to 10,000 hectares compared to 2021. Therefore, the surging demand for organic food is stimulating the expansion of the herbs and spices market.
What Key Areas Define The Segmentation Of The Global Herbs And Spices Market?
The herbs and spices market covered in this report is segmented –
1) By Product Type: Herbs, Spices, Paprika (Hot Pepper), Cumin
2) By Form: Powder And Granules, Flakes, Paste, Whole Or Fresh
3) By Sales Channel: Direct Sales, Indirect Sales
4) By End Use: Food, Beverage, Food Service, Retail Sales
Subsegments:
1) By Herbs: Basil, Oregano, Thyme, Rosemary, Parsley, Mint
2) By Spices: Black Pepper, Turmeric, Cinnamon, Cardamom, Cloves, Ginger
3) By Paprika (Hot Pepper): Smoked Paprika, Sweet Paprika, Hot Paprika
4) By Cumin: Whole Cumin Seeds, Ground Cumin, Black Cumin
Pre-Book The Herbs And Spices Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Herbs And Spices Market?
Major companies operating in the herbs and spices market are focusing on technological innovations such as advanced and attractive packaging systems to enhance product shelf life, maintain freshness, and attract more consumers by improving convenience and sustainability. Advanced and attractive packaging systems for herbs enhance freshness, extend shelf life, improve visual appeal, ensure convenience, and boost marketability. For instance, in March 2023, McCormick & Company, a US-based spice and extract manufacturing company, launched a redesigned bottle for its iconic red cap products, focusing on freshness and convenience for home cooks. The updated packaging features the innovative SnapTight lids, ensuring bottles are securely sealed to lock in flavor and freshness. The redesign, tested and favored by consumers, reflects McCormick's commitment to enhancing the cooking experience. Rolling out nationwide, the new bottles will eventually cover all red cap products, including essentials like cinnamon, garlic powder, and paprika, setting a new standard in flavor preservation and user satisfaction.
Who Are the Key Players In The Herbs And Spices Market?
Major companies operating in the herbs and spices market are:
• Associated British Foods plc
• Olam International
• McCormick & Company Inc.
• Sensient Technologies Corporation
• Döhler GmbH
• Synthite Industries Ltd.
• Everest Spices
• DS Group
• Elite Spice Inc.
• Frontier Co-op
• Mountain Rose Herbs
• Raps GmbH & Co. KG
• Pacific Spice Company. Inc.
• Bart Ingredients Company Ltd.
• Badia Spices Inc.
• Organic Herb Inc.
• Vanns Spices Ltd.
• Baron Spices & Seasonings
• Durkee-Mower Inc.
• Ganesha Foods.
What Is The Most Dominant Region In The Herbs And Spices Market?
North America was the largest region in the herbs and spices market in 2024. The regions covered in the herbs and spices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
