Global Organic Spices Market Analysis, Trends and Opportunities 2020 - 2026
Summary -
A new market
study, titled “Global Organic Spices Market Analysis, Trends and Opportunities
2020 - 2026” has been featured on WiseGuyReports.
The global market
for organic spices has witnessed continued demand during the last few years and
is projected to reach 9,134 kilo tons by 2022, at a CAGR of 6.37% from 2016 to
2022. Increase in versatile demand across various food and beverage segments
particularly for convenience foods and beverages is likely to drive the global
organic spices market
Asia-Pacific
region is estimated to dominate the market with more than 50% in the year 2016
followed by North America. India, China and Vietnam are major organic spice
producers in the Asia-Pacific region. Presence of various agro-climatic zones
and seasons support various organic spices production in this region. Guatemala
and Mexico are major organic spices market in the North-American region. Strong
potential of spices production and consumption favors organic spices market
growth the most among the various regions in the world.
ALOS READ: https://www.openpr.com/news/2083764/organic-spices-market-2020-covid-19-impact-on-global-demand
Based on
organic spice type, chillies market share was estimated to more than 50% in the
organic spices market followed by Garlic and Ginger in the year 2016. Strong historical
usage and recognition as household and basic essential for daily usage has
supported increase in use of chilli, garlic and ginger globally.
Based on
organic spice function, flavor formed an essential function base for organic
spices enabling it to gain maximum share which is estimated more than 75% in
the year 2016 followed by color. Spices have been majorly used for flavoring or
as a garnish since ancient times. The flavor of a spice is derived in part from
compounds (volatile oils) from various parts of plants roots, seeds, bark and
other plant parts.
Key Players
The leading
market players in the global organic spices market primarily are Organic
Spices, Frontier Natural Products, Rapid Organic, SOAP, Simply Organic, Earthen
Delight, Yogi Botanicals Pvt Ltd, Live Organics Pvt Ltd, The Spice Hunter, Inc.
And Starwest botanicals Inc.
Study
Objectives of Organic Spices Market Forecast to 2022
• Detailed
analysis for individual micro and macro markets for organic spices
• To
estimate market size by type, by form by application and region
• To
understand the supply and demand dynamics of organic spices
• To
provide region level market analysis and future outlook for U.S., Europe,
China, Japan, and South-East Asia
• Company
profiling of major players & competitive positioning for the organic spices
market
• Value
chain analysis and supply chain analysis of organic spices
• Analysis
of historical market trends, and technologies, and current government
regulatory requirements related to organic spices market
Target
Audience
• Organic
spices Manufacturers
•
Agriculture industry
• Food
industry
•
Continental Restaurants
• Sauces
& Dips Manufacturers
• Traders,
Importers and exporters
Key
Findings
• The
global organic spices market is projected to USD 1.104 billion by 2022
• In 2016,
chillies among the various organic spices accounted for the highest share
• Organic
Spices is majorly used for flavor application and is projected to grow at rate
of 6.51% during the forecasted period
Regional
and Country Analysis of Organic Spices Market Development and Demand Forecast
to 2022 Market
The reports
also cover country level analysis:
• North
America
o US
o Canada
o Mexico
o Guatemala
• Europe
o Spain
o Ukraine
o
Netherlands
o Romania
o Italy
o Rest of
Europe
• Asia –
Pacific
o China
o India
o Indonesia
o Vietnam
o Rest of
Asia Pacific
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/1131689-global-organic-spices-market-trends-forecast-2016-2022
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