Asia Pacific Organic Spices Market

Asia Pacific Organic Spices Market Size (2024 to 2029)

As per our analysis report, the Asia Pacific Organic Spices Market is expected to reach USD 8.36 billion by 2029 from USD 5.95 billion in 2024, growing at a compound annual growth rate (CAGR) of 7.04% during the forecast period.

MARKET OVERVIEW

The Asia Pacific Organic Spices Market is expected to reach over USD 15 billion by the end of the assessment period. Organic spices, as the name implies, are entirely natural spices, that is, they do not include any additives or artificial chemicals. Ideally, organic spices should be grown in a completely natural or wild environment, without the use of synthetic pesticides. Organic spices add proper texture and flavor and increase the nutrient content of the food for which it is used. The functionality of natural seasonings and regular spices may be the same, but organic spices offer more health benefits because their original nutritional content forms them.

MARKET DRIVERS AND RESTRAINTS

The growing preference for chemicals is supposed to spur growth in the regional market.

Strong demand for traditional, exotic and ethnic food flavors should stimulate growth. In addition, the introduction of authentic spices by major brands should positively influence demand. The Asia-Pacific region has experienced a greater rate of consumption of these organic spices, because of the increasing demand and preference for Organic Spices in the region. The Asia Pacific is also the leading producer and exporter of different types of spices. Additionally, the high demand for sustainable, easy-to-prepare, and ready-to-serve foods should drive the adoption of products like organic powdered spices. Asia-Pacific is assumed to experience strong demand for powdered spices, due to continued product innovation to meet changing consumer preferences. Due to strong demand for food processing units, restaurants, and food outlets, the commercial segment had the largest market share in 2018. The increase in consumption of fast food and restaurants should further stimulate growth in the segment in emerging nations of the Asia Pacific, including China, India, and Bangladesh. The Asia Pacific is the largest market for various types of spices due to the higher rate of consumption of spicy foods. Chinese, Thai and Indian dishes are prepared and served with these spices. Turmeric, chili, bell pepper, ginger, and coriander seeds are among the spices that are gaining popularity in the Asia Pacific region. Furthermore, in the last two years, the Organic Spices market in the Asia Pacific has experienced significant growth in terms of sales value, due to the rise in awareness about different health privileges associated with the intake of organic food products among its consumers. Therefore, Asia Pacific represents a notable share of the Organic Spices market.

This research report on the Asia Pacific Organic Spices market has been segmented and sub-segmented into the following categories.

Asia Pacific Organic Spices Market By Product Type

• Clove         
• Pepper     
• Ginger       
• Cinnamon
• Turmeric  
• Mustard Seeds      
• Nutmeg    

Asia Pacific Organic Spices Market By Form

• Powder    
• Extract      
• Raw            
• Granular  

Asia Pacific Organic Spices Market By Sales Channel

• Direct        
• Indirect  

Asia Pacific Organic Spices Market By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of Asia-Pacific

The Asia Pacific dominated the organic spice market, with around 35% of sales in 2023. Asia-Pacific is anticipated to dominate the target market during the outlook period.

High consumption of organic spices, the strong presence of producers of organic spices and high preference for natural food products among individuals. The region is foreseen to grow as ethnic, and organically flavored spices increase due to changes in food trends and the presence in emerging economies like China and India of major multicultural groups. 

In addition, new and exotic flavors are being developed in the revenues of available products, and the adoption of creative flavors should further stimulate local demand. It is likely to continue its dominion for years to come due to the innovation of new flavors in crucial countries like China, India and Bangladesh. The Asia-Pacific region has a significant share of the organic spice market, with substantial organic spice production in the area. Furthermore, increased awareness of organic spices followed by high consumption of spices in regional cuisines stimulates market growth.

KEY MARKET PLAYERS

UK Blending LTD, Organic Spices Inc., Daarnhouwer & Co, Spice Chain, The Watkins Co., Sabater Spices, Pacific Spice Company, Inc., Husarich GmbH, AKO GmbH, SunOpta Inc are some of the notable companies in the Asia Pacific Organic Spices market.

RECENT HAPPENINGS IN THE MARKET

• Tierra Farm announced that it had acquired "Señor Sabor", the company that focuses on the supply of organic spices that should eventually help Tierra Farm introduce a product extension as part of its spice offering.
• Naturvibe Botanicals announced the launch of the extension of its range of organic products for the Indian region to which they had supplied their customers with their company, which made the products available for the area in June 2018. The product will be commercially available through its website, while promoting its offerings to major e-commerce organizations such as "Amazon", "Snapdeal" and even "eBay".
• In October 2017, Sensient Natural Ingredients LLC launched a variety of organic vegetable spices such as pink pepper, saffron, and cardamom.