Organic Spices Market Revenue, Key Industry Segments Poised for Strong Growth in Future 2027
The
global Organic Spices Market Revenue is mainly driven by the growing
demand for spices in Western countries and the increasing interest in organic
cultivation of produce, including spices. Spices have been traditionally
cultivated in Southeast Asia as well as Central America, with Europe and North
America traditionally accounting for a tiny share in the global market.
However, with the increased availability of spices overseas, the demand for
organic spices has grown rapidly in Western countries. It is important to keep
spices fresh during their transportation, as the whole essence of spices lies
in them remaining fresh. The growing use of modern storage and refrigeration
techniques has led to growing demand from the global market, as an increasing
number of consumers in Western countries have shown a liking to spices.
While
spices are not traditionally a major part of European and North American
cuisine, the increasing popularity of Asian and Mexican cuisines in these
regions is also responsible for the growing demand from the global Organic
Spices Market Revenue. Many Western consumers have also become avid home chefs
in recent years, leading to a stable rise in the global Organic Spices Market
Revenue. The increasing interest among European and North American consumers in
organic farming is also likely to be a major driver for the global Organic
Spices Market Revenue over the forecast period.
Key
Players
Leading
players in the global Organic Spices Market Revenue include Organic Spices,
Rapid Organic, Simply Organic, Yogi Botanicals Pvt. Ltd., The Spice Hunter
Inc., Starwest Botanicals Inc., Live Organics Pvt. Ltd., Earthen Delight, SOAP,
and Frontier Natural Products.
Market Segmentation:
The global market is segmented on the basis of
type, function, form, application, and region.
The global Organic Spices Market Revenue is
segmented on the basis of type into chili, turmeric, pepper, cumin, garlic,
clove, ginger, nutmeg, cinnamon, and saffron. Garlic dominates the global
organic spice market due to its widespread popularity and wide-ranging
functionality. The garlic segment accounted for a share of more than 50% in the
global market in 2016.
By function, the global market is segmented into
flavor, color, and preservative. Flavor function dominates the global market,
accounting for more than 75% of the global market in 2016, and is likely to
remain the dominant segment over the forecast period as well.
By application, the global Organic Spices Market
Revenue is segmented into culinary, soups and noodles, snacks and convenience
foods, meat and poultry products, and sauces and dips. Culinary application of
organic spices is likely to dominate the global market over the forecast
period.
Access Report @ https://www.marketresearchfuture.com/reports/organic-spices-market-1852
Regional Analysis
The global market is dominated by Asia Pacific due to
the robust spice production in Southeast Asian countries. Countries such as
China, India, Vietnam, and Indonesia are among the leading spice producers in
the world and are likely to retain their positions over the forecast period due
to the longstanding traditions of spice cultivation in these countries. Spices
grow best in tropical climates, leading to Southeast Asian countries emerging
as the leaders in global spice production. Central American countries such as
Guatemala are also major producers of organic spices.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Comments
Post a Comment