Global Organic Spice Market

Organic Spice Market Size, Share, Growth Analysis, By Type(Powdered, granule, extract, and raw spices), By Distribution channel(Supermarkets, online platforms, and specialty stores), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30H2138 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 64 | Figures: 75

Organic Spice Market News

  • In January 2024, Tata Consumer Products announced that it has signed definitive agreements to acquire up to 100% of the issued equity share capital of Organic India, one of the strongest ‘better for you’ organic brands spanning Food & Beverages and Herbal & Traditional Supplements.

     

  • In February 2023, Starwest Botanicals, the industry's leading wholesaler of organic, herbs, spices and teas met consumer demands for culinary and wellness botanicals with its latest innovation - Eco-Pouch herbs and spices. The new, smaller pre-packaged line of spices makes for easy grab-n-go purchase and a simple complement to the bulk bin section.

     

  • In December 2022, a new spice blend company, Spicely Organics, expanded through a partnership with Kroger.  The maker of certified organic spices, herbs, and seasonings recently launched its new Conscious Cooking line of Sugar- and Salt-Free Spice Rubs, which was available through its latest partnership with Kroger in select retail banners.

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Organic Spice Market size was valued at USD 37.53 billion in 2022 and is poised to grow from USD 40.68 billion in 2023 to USD 77.56 billion by 2031, at a CAGR of 8.4% during the forecast period (2024-2031).

The organic spice market's competitive landscape is characterized by a dynamic interplay of established players and emerging entrants. Key industry participants, such as Frontier Co-op, Simply Organic, and Mountain Rose Herbs, maintain strong market presence through diverse product offerings, robust distribution networks, and adherence to organic certification standards. The market also witnesses innovative startups like Spicely Organics and The Spice House, focusing on unique blends and direct-to-consumer approaches. Increasing consumer demand for natural, sustainable, and ethically sourced products drives competition, prompting players to emphasize quality, traceability, and eco-friendly practices, thus shaping a competitive arena defined by differentiation and ethical values. 'Frontier Co-op (USA)', 'Simply Organic (USA)', 'Spicely Organics (USA)', 'Organic Spices Inc. (USA)', 'Starwest Botanicals (USA)', 'McCormick & Company, Inc. (USA)', 'The Spice Hunter (USA)', 'Pacific Spice Company Inc. (USA)', 'SunOpta Inc. (Canada)', 'Mountain Rose Herbs (USA)', 'Biova GMBH (Germany)', 'Organic Wise (USA)', 'Synthite Industries Ltd. (India)', 'Aryan International (India)', 'Live Organic (Canada)', 'Earthen Delight (India)', 'Yogi Botanicals Pvt. Ltd. (India)', 'Naturevibe Botanicals (USA)', 'Organic Products India (India)', 'Sapthsathi Organic Agriculture Project (India)'

The organic spice market is driven by increasing consumer demand for natural and healthier food options. As people become more health-conscious and seek products free from synthetic additives, organic spices offer a flavorful and sustainable choice that aligns with these preferences.

The organic spice market is witnessing several key trends. Consumers' increasing preference for natural and sustainable products has boosted the demand for organic spices, driven by health and environmental consciousness. A rise in culinary exploration and diverse diets has led to a growing interest in unique and authentic flavors, promoting the use of organic spices. Additionally, e-commerce platforms have facilitated easier access to a wide range of organic spices, expanding market reach. As consumers seek transparency, traceability, and certifications, producers are focusing on quality assurance and ethical sourcing. Overall, the market is characterized by a shift towards healthier, flavorful, and ethically produced organic spice products.

The United States has been one of the largest markets for organic spices due to its large population, growing awareness about healthy and organic foods, and an inclination toward ethnic cuisines that heavily use spices.

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Global Organic Spice Market

Report ID: SQMIG30H2138

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