Organic Spices Market

Global Organic Spices Market Size (2024 to 2029)

The size of the global organic spices market is expected to be worth USD 26.16 billion in 2024 and USD 33.13 billion by 2029, growing at a CAGR of 5.13% from 2024 and 2029 

Organic spices use new techniques and remove spices from bacteria to avoid harmful pesticides. It is a combination of healthy and safe foods because organic spices guarantee safety. Organic spices like turmeric, ginger, cloves, and cinnamon also have a variety of health benefits. The antioxidant properties of turmeric and ginger help fight Alzheimer's, cancer, and many other viral illnesses. The antibacterial properties of cloves and cinnamon help treat viral diseases and sore throats. Various types of spices that are frequently used include garlic, turmeric, coriander, chili powder, ginger, nutmeg, and mace.

MARKET DRIVERS

The rise in demand for organic spices in the food and beverage sector is majorly fuelling the growth of the global market.

The demand for organically grown spices is expected to increase as awareness of the harmful effects of chemicals, pesticides and additives increases. Other factors, such as changing food consumption trends and the popularity of ethnic and exotic foods, are supposed to drive growth. In addition to innovating new flavors in the prepared foods sector, increased consumption of prepared foods such as soups, snacks, and frozen and baked goods is assumed to boost demand for products. The popularity of multi-cuisine and international dishes is also likely to be a significant factor in driving demand for organic spices. Demand for flavors in powder form is expected to accelerate as customer preference for ready-to-use flavors increases to save time during cooking without compromising taste.

The rising preference for full-flavored products incorporating ethnic ingredients is contributing to the growth of the organic spices market. 

There is expected to be an increase in preferences for chemical-free and healthy products and high demand for traditional and exotic ethnic food flavors is anticipated to drive growth. In addition, the introduction of authentic spices from top brands is estimated to have a positive impact on global demand. An increase in the number of health-conscious consumers and increasing awareness of the health benefits associated with consuming organic flavors are two key factors driving the growth of the global organic food and beverage sector.

The rising demand and increasing consumption of organic food worldwide are boosting the market for organic spices.

North America and Europe are notable regions in terms of the consumption of various types of organic food due to the increase in per capita income in the area and the continuous evolution of the product by the manufacturer. Additionally, some food manufacturers have a strong preference for organic products and have focused on providing food organically. Spices have gradually resisted the trend organically. They are available in different forms depending on consumer preferences, i.e. powders, granules, and liquids, which are expected to promote market growth further. Increased awareness of the health benefits of naturally produced spices due to their therapeutic properties will stimulate demand for products during the outlook period. Spices are mainly used for flavoring, preserving, and coloring food. The most commonly used organic ingredients are turmeric, chili, ginger, garlic, coriander, nutmeg, and mace. The strong individual flavor and food-enriching scent for a wide range of food applications remain crucial drivers of demand. Due to the long-lasting aromatic properties, the popularity of exotic natural ingredients in food preparations has a positive effect on the growth of the organic spice market. Spices are an essential ingredient in a variety of cuisines worldwide due to their decorative and flavoring benefits. These ingredients add a balanced amount to each dish, providing a pleasant aroma, and enriching the quality of food. 

MARKET RESTRAINTS

High price margins in importing countries and various trade regulations are deemed to hamper the growth of the organic spice market worldwide. High production and logistics costs result in a higher price range for organic spices than traditional spices. Withdrawal among farmers who convert conventional farming methods to organic farming and slow production in some regions may hinder market growth.

REPORT COVERAGE 

SEGMENTAL ANALYSIS

Global Organic Spices Market Analysis By Form

The powder segment dominated the organic spices market in 2023 and is expected to showcase a prominent CAGR during the forecast period. Since these items are user-friendly and time-consuming and ready to cook. Due to an increasingly hectic lifestyle, the high demand for ready-to-use products was expected to drive demand further. Soon, rising consumer disposable income is also projected to improve spice use. In the foreseen period, the demand for whole spices is expected to expand rapidly. Whole spices contain unprocessed and raw materials such as turmeric, ginger roots, cumin seeds, and black pepper and their demand is primarily driven by the growing because of the growing awareness of the health benefits of the natural use of different spices. For starters, the raw use of black pepper helps cure digestive problems and strengthens the immune system. In addition, awareness of the antibacterial characteristics of turmeric and other spices is expected to remain a significant driver of the segment's growth. Due to the high demand for food processing units, restaurants, and food joints, the commercial segment held the largest market share in 2018. Increasing consumption of fast food and dining is expected to further drive the segment's growth in developing Asia Pacific countries, including China, India, and Bangladesh. Due to increasing awareness of the health benefits of cooked home food and the consumption of organic spices, the household sector, however, is expected to register the quickest CAGR during the projective period.

REGIONAL ANALYSIS

Asia-Pacific is the most lucrative regional segment for organic spices worldwide and the growth of the APAC market is majorly driven by changing food trends and increased consumption of flavored and ethnic organic spices influenced by the existence of large multi-cultural groups in evolving economies countries such as China. Growth is expected to be witnessed due to usage in India. Also, the introduction of new and exotic flavors is anticipated to increase consumer disposable income, and the acceptance of innovative characters is even foreseen to drive local demand. Asia-Pacific also has a significant share of the global organic flavor market, with substantial production of natural flavors in the region. Furthermore, the growing awareness of organic spices and the high consumption of spices in local cuisine is accelerating the growth of the market. 

The European market expects a significant increase in spice consumption, especially in Sweden and the UK, with an annual compound rate of over 5.5% over the forecast period. As the preference for natural foods increases, consuming ethical foods will support industrial demand. The European organic spices market is assumed to grow as European countries' preference for multicultural cuisine increases. The expansion of the conventional retail industry, including supermarket chains, will boost local demand. North America is expected to dominate the world with an organic spice market during the projection period. The United States is suspected to be a significant contributor to the organic spice market in the region. The high demand for organic and natural food ingredients in the US population is primarily driving the growth of the North American organic spices market.

KEY PLAYERS IN THE ORGANIC SPICES MARKET

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

DETAILED SEGMENTATION OF GLOBAL ORGANIC SPICES MARKET INCLUDED IN THIS REPORT 

This research report on the global organic spices market has been segmented and sub-segmented based on product, form & region. 

By Product

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

By Form

• Powder 
• Extract 
• Raw
• Granular 

By Distributional Channel

• Direct
• Indirect

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa