The organic spices market size was valued at USD 9.47 Billion in 2022 and is projected to reach USD 14.94 Billion by 2031, expanding at a CAGR of around 5.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing health consciousness and government efforts to boost organic food.
As the name implies, organic spices are completely natural, which means they do not contain any artificial chemicals or additives. In a variety of food products, spices are added as a preservative, coloring agent, or flavoring. Saffron, turmeric, fenugreek, mustard seeds, coriander seeds, cumin, black pepper, clove, and cardamom are some of the spices in the market.
Ideally, organic spices are cultivated in a completely natural or untamed environment without the use of artificial pesticides. While ordinary and organic spices both serve the same purposes, organic spices have more health advantages because they contain their natural nutrient levels. Increasing demand for organic food has forced several food manufacturers to offer products in organic form.
Spices have been enduring the organic format trend over time. They are offered in a variety of forms to suit consumer preferences, including powder, granular, and liquid, which is anticipated to fuel the market. The processing and manufacture of organic food items on the international market are inspected by a few non-profit organizations, including National Organic Standard Board, USDA, Soil Association, IOFAM Organic Trade Association, and Organic International.
COVID-19 Impact on Organic Spices Market
The Covid-19 pandemic affected the demand and supply of organic spices market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to an unfortunate decline in market growth. However, since governments designated foods as a basic need, there were few restrictions on transportation and the import and export of basic goods, which aided in the availability of organic spices. The launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth during the forecast period.
Organic Spices Market Dynamics
The market research report on the global organic spices market provides a detailed analysis by focusing on revenue growth, facts, figures, and historical data to determine major drivers, existing restraints, key opportunities, and competitive analysis. The report includes recent developments that can shape the overall performance of the market during the assessment period, 2023 to 2031.
Major Drivers
Increasing awareness about the negative effects of pesticides to drive the market
High nutritious benefits, when compared to other optional products, are estimated to drive the market. The demand for organically grown spices is expected to increase due to growing knowledge of the negative effects of additives, pesticides, and chemicals. The market is projected to be fueled by shifting food consumption patterns and the popularity of exotic and ethnic cuisine.
rising consumption of convenience foods such as soups, snacks, frozen meals, and bakery goods as well as new flavor innovations in the convenience food market are some of the essential factors boosting the market.
The popularity of international and multi-cuisine is anticipated to play a significant role in boosting demand for organic spices. The demand for spices in powdered form is anticipated to increase as consumers choose ready-to-use spices to reduce cooking time without sacrificing flavor. The growing importance of authentic flavors created by fusing ethnic components is projected to be a major factor in the market growth during the forecast period.
Health advantages related to organic spices to drive the market
Spices not only give meals an authentic flavor and taste, but they also provide several health advantages. Organic spices with antioxidant qualities include turmeric and ginger. Turmeric helps treat diseases such as joint pains, cancer, and Alzheimer’s disease. The immune system is boosted by cumin seeds' antimicrobial qualities.
Rising awareness among consumer of these benefits is expected to boost the market. Growing consumer demand for spicy meals is driving the market for organic spices. Depending on the country and region, different spices are in demand. The geographic barrier is estimated to be broken in the future as a result of globalization and urbanization.
Existing Restraints
High cost of the product is anticipated to hamper the market growth
The main factors acting as restrictions are the high insignificant cost and its limited penetration rate in the untapped market. When compared to regular flavors, natural flavors have a wider range of costs due to high creation costs and calculated expenses. The high cost of the product is expected to impede the development and growth of the market.
Key Opportunities
Increasing adoption of organic farming to create immense growth opportunities
The major organic spice producers usually obtain various certifications to demonstrate to their customers that they are producing the best quality organic spices. The use of organic farming is encouraged by several boards and organizations, which in turn creates lucrative growth opportunities. Exotic cuisines are becoming more popular, which encourages the use of organic spices because consumers are becoming more concerned with the quality of the food they consume.
Scope of Organic Spices Market Report
The report on the global organic spices market includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Organic Spices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023 – 2031
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Segmentation
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Product Types (Garlic, Pepper, Clove, Cinnamon, Cumin, Basil, Turmeric, Ginger, Nutmeg, and Others), Forms (Raw, Extract, Granular, Powder, Flakes, and Others), Distribution Channels (Convenience stores, Supermarkets/Hypermarkets, and Others), Applications (Ready to Eat Meals, Soups & Noodles, Snacks & Convenience Foods, Sauces & Dips, Meat & Poultry Products, Culinary, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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AKO GmbH; Daarnhouwer & Co; DS Group; Earthly Delight; Husarich GmbH; Live Organics; McCormick & Company, Inc.; Monterey Bay Spice Co.; Organic Spices Inc.; Pacific Spice Company, Inc.; Rapid Organic Pvt. Ltd.; Rocky Mountain Company; Sabater Spices; Salzhäusl Himalaya-Kristallsalz GmbH; Spice Chain Corporation; SunOpta Inc.; The Spice House and Spices Inc.; The Spice Hunter; The Watkins Co.; UK Blending LTD; Unilever, S&B Foods Inc.; and Yogi Botanicals Pvt. Ltd.
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Organic Spices Market Segment Insights
The turmeric segment accounts for a major market share
Based on product types, the global organic spices market is segregated into garlic, pepper, clove, cinnamon, cumin, basil, turmeric, ginger, nutmeg, chili, and others. The turmeric segment accounted for a major market share in 2021. Increasing application of turmeric as a food color or preservative in several dishes is estimated to fuel the segment. Some of the major producers of organic turmeric are the U.S and India. The demand for turmeric is increasing in both commercial as well as household sectors.
North America holds the major consumption share in the organic spices market due to the rising demand for various organic food products. The chili segment is anticipated to expand at a high CAGR during the forecast period. Organic chili is frequently used in culinary preparations to provide taste and pungency.
Additionally, it is utilized in a variety of cuisines, such as American, Mexican, and Indian, which has increased demand for it globally. Additionally, organic chili includes vitamin C, which functions as an antioxidant to help prevent cell damage and has anti-inflammatory properties, thus assisting to boost the immune system. Changing consumer eating patterns, such as a transition towards natural and organic products and spicy foods is estimated to propel the chili segment.
Powder segment to expand at a high CAGR during the forecast period
On the basis of forms, the global organic spices market is fragmented into raw, extract, granular, powder, flakes, and others. The powder segment holds a key market share. This is due to the fact that employing organic spices in powder form while preparing various food items is the most practical method. In order to make organic spices more accessible, the majority of spice manufacturers offer them as powders.
Growth of the segment is attributed to growing knowledge about the advantages of consuming different spices in raw form for health. For instance, Black pepper is used in raw form to treat digestive problems and strengthen the immune system. Additionally, it is anticipated that the anti-bacterial characteristics of spices like turmeric will continue to drive the segment.
The supermarkets/hypermarkets segment is expected to grow at a rapid pace
In terms of distribution channels, the global organic spices market is bifurcated into convenience stores, supermarkets/hypermarkets, and others. The supermarkets/hypermarkets segment is expected to grow at a rapid pace during the forecast period. The growth of the segment is attributed to consumers’ preference for purchasing spices from the supermarket.
Easy accessibility of the product is estimated to fuel the segment. The online segment is projected to expand at a substantial CAGR in the coming years owing to the introduction of multiple e-commerce sites and increasing availability and supply of products. The new companies, including Grofers and Big Basket, provide doorstep merchandise delivery. These factors are estimated to create immense growth opportunities during the projected period.
The culinary segment held around 25% of the total market share in 2021
Based on applications, the organic spices market is divided into ready-to-eat meals, soups & noodles, snacks & convenience foods, sauces & dips, meat & poultry products, culinary, and others. The culinary segment held around 25% of the total market share in 2021 and is projected to continue its dominance in the coming years. Extensive use of organic products in the food sector to make side dishes and main courses is estimated to drive the segment. Consumers all over the world are eager to taste new and innovative culinary which is estimated to fuel the segment.
Asia Pacific is anticipated to dominate the market
On the basis of regions, the global organic spices market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market in the coming years. The growth of the segment in the region is attributed to the increased use of organic, flavored, and ethnic spices as a result of shifting eating trends and the existence of multicultural populations in countries such as India and China.
Moreover, the introduction of novel and exotic flavors, an increase in consumer disposable income, and consumer acceptance of unique flavors are the factors responsible for the growth of market. Customers are being encouraged to include organic spices in their everyday diets by social media influence and growing consumer knowledge of their benefits.
The market in North America is projected to grow at a substantial rate. The presence of the vast food & beverage industry in the U.S is driving the market in the region. Changing consumer preference from conventional food products to organic food products is boosting the market.
Segments
The global organic spices market has been segmented on the basis of
Product Types
- Garlic
- Pepper
- Clove
- Cinnamon
- Cumin
- Basil
- Turmeric
- Ginger
- Nutmeg
- Others
Forms
- Raw
- Extract
- Granular
- Powder
- Flakes
- Others
Distribution Channels
- Convenience stores
- Supermarkets/Hypermarkets
- Others
Applications
- Ready to Eat Meals
- Soups & Noodles
- Snacks & Convenience Foods
- Sauces & Dips
- Meat & Poultry Products
- Culinary
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Major Players
- AKO GmbH
- Daarnhouwer & Co
- DS Group
- Earthly Delight
- Husarich GmbH
- Live Organics
- McCormick & Company, Inc.
- Monterey Bay Spice Co.
- Organic Spices Inc.
- Pacific Spice Company, Inc.
- Rapid Organic Pvt. Ltd.
- Rocky Mountain Company
- Sabater Spices
- Salzhäusl Himalaya-Kristallsalz GmbH
- Spice Chain Corporation
- SunOpta Inc.
- The Spice House and Spices Inc.
- The Spice Hunter
- The Watkins Co.
- UK Blending LTD
- Unilever, S&B Foods Inc.
- Yogi Botanicals Pvt. Ltd.
Competitive Landscape
Key market players competing in the global organic spices market include AKO GmbH; Daarnhouwer & Co; DS Group; Earthly Delight; Husarich GmbH; Live Organics; McCormick & Company, Inc.; Monterey Bay Spice Co.; Organic Spices Inc.; Pacific Spice Company, Inc.; Rapid Organic Pvt. Ltd.; Rocky Mountain Company; Sabater Spices; Salzhäusl Himalaya-Kristallsalz GmbH; Spice Chain Corporation; SunOpta Inc.; The Spice House and Spices Inc.; The Spice Hunter; The Watkins Co.; UK Blending LTD; Unilever, S&B Foods Inc.; and Yogi Botanicals Pvt. Ltd. Some of these players are using several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares, generate revenue, and raise their production line of the business in the coming years. For instance,
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In May 2021, Spicy Organic company has decided to add 23 new products to its online store. This plan is projected to help the business in increasing global consumer reach for its products as well as increase overall revenue.
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In December 2020, 32 new products are being introduced by ORCO, also known as Organic Condiments, to their extensive line of 100% natural, healthy, and organic seasonings & condiments.
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