The new report by Claight Corporation titled, ‘Global Organic Spices Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of the global organic spices market, assessing the market based on its segments like product, forms, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 287 Million
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 384 Million
The growing demand for natural and organic ingredients, which are seen as a healthier alternative to spices grown with chemical fertilisers, is driving the global organic spices market. Organic spices are manufactured without the use of pesticides, harmful chemicals, or any other fertiliser, as the name implies. They are widely used as flavouring agents, preservatives, colouring agents, and for their aromatic properties, all of which contribute to the market’s growth. These spices are widely used in Asian cuisines such as Thai, Indian, and other Asian cuisines. As a result of the growing popularity of such cuisines around the world, the organic spice market is also expanding.
Industry Definition and Major Segments
Organic spices are grown without the use of pesticides, chemical fertilisers, or sewage slots, and are processed without the use of ionising radiation or nutritional additives.
Based on the product, the organic spices market can be divided into:
- Mustard Seeds
The organic spices market can be broadly categorised based on its forms into:
The global regions for the organic spices market include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The growing involvement and expansion of global and local players in the organic spices market are driving the global market. The market is expected to expand further due to the rising demand for long-lasting, easy, and nutritious food items. In the forecast era, demand for nutritious and beneficial organic spices is expected to increase, assisting market growth. In the coming years, increasing understanding of the health benefits of certain spices, such as turmeric and ginger, is expected to drive the market forward.
Key Market Players
The major players in the market are Organic Spices Inc., UK Blending Ltd, The Watkins Co., Daarnhouwer And Co, SunOpta Inc. (NASDAQ: STKL), Husarich Gmbh, Ramón Sabater, S.A.U., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: EMR Inc.
Contact Person: Sofia Williams, Business Consultant
Email: [email protected]
Expert Market Research
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Read More Reports:-
Primary Biliary Cholangitis Therapeutics Market : https://www.digitaljournal.com/pr/global-primary-biliary-cholangitis-therapeutics-market-to-be-driven-by-increasing-awareness-campaigns-in-the-forecast-period-of-2021-2026
Also Visit: https://expertmarketresearch-emr.blogspot.com/
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.