Description
chemical, pesticide and are not genetically modified, spices are seeds, fruits, roots, barks, or other plant constituents mainly used for seasoning, coloring or stabilizing food.
The world demand for organically produced foods is growing rapidly in developed countries like Europe, U.S., Japan and Australia which is influencing higher demand for organic spices. Spices are essential part of foods and beverages. Consumers are preferring organic spices over ordinary spices as part of their healthy diet. Many convenience food manufacturing companies have started using organic spices in their food to provide value addition and to make product differentiation from their competitors. This factor is playing key role to drive sales of organic spices. Increasing consumer demand for healthy and organic foods is convincing more retailers to add organic food to their mix.
There is a huge demand for organic spices from food manufacturers due to changing food habits of consumers. In developed countries organic spices has become essential ingredient of healthy food. Many convenience food manufacturers are using organic spices as an ingredient to create product differentiation and to expand their product portfolio. Increase in disposable income in developing countries has created huge demand for food products made from organic spices as a natural flavoring agent.
Regional Analysis:
The Global Organic spices & herbs Market is segmented into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific region is estimated to dominate the market with 76% in the year 2017 followed by North America with 9% share. India, China and Vietnam are major organic spice and herbs producers in the Asia-Pacific region. Presence of various agro-climatic zones and seasons support various organic spices and herbs production in this region. Guatemala and Mexico are major organic spices and herbs market in the North-American region. Strong potential of spices production and consumption favors organic spices and herbs market growth the most among the various regions in the world.
Segments:
Based on organic spice type, chillies market share was estimated to be at 50.42% in the organic spices and herbs market followed by Garlic ~42.7% and Ginger ~4.2% in the year 2017. Strong historical usage and recognition as household and basic essential for daily usage has supported increase in use of chilli, garlic and ginger globally. Among the organic herbs type, mint market share was estimated to be at 21.9% in the organic spices and herbs market followed by oregano ~11.4% and marjoram ~12.1% in the year 2017. Increasing demand of herbs for medicinal uses is driving the organic herbs market across globe. Based on organic spices and herbs application, culinary and meat and poultry products were estimated to hold a major share of about ~45.6% to the organic spices and herbs market with culinary application holding ~31.3% and meat and poultry products ~14.3% in the year 2017. Overall, there is huge demand for culinary purpose with increase in awareness of various benefits of spices/herbs and improved tendencies for various global foods and tastes.
Key Players:
The leading market players in the global organic spices & herbs market primarily are Organic Spices Inc.(U.S.), Frontier Natural Products Co-op (Norway), Rapid Organic Pvt Ltd (India), Earthen Delight (India), Yogi Botanical Pvt Ltd (India), The Spice Hunter, Inc. (U.S.) and Starwest Botanicals, Inc. (U.S.)
Target Audience:
Global organic spices & herbs manufacturers
Raw material suppliers
Retailers and wholesalers
E-commerce companies
Traders, importers and exporters
Key Findings:
• Asia Pacific region is expected to retain its dominance throughout the forecast period of 2017-2023. Among the Asia Pacific countries, Vietnam and Indonesia is projected to expand at a high pace in the upcoming decade.
• Spain and Ukraine are the attractive destination among the organic spices & herbs manufacturers in Europe
Regional and Country Analysis of Global Organic spices & herbs Market Development and Demand Forecast to 2023 Market
As per the MRFR analysis, the global organic spices & herbs market is expected to reach 3,687 kilo tons by 2023 at a CAGR of 3.72% during the forecasted period.
The reports also cover country level analysis:
o North America
• U.S.
• Canada
• Mexico
• Guatemala
o Europe
• Spain
• Ukraine
• Netherlands
• Romania
• Italy
• Rest of Europe
o Asia Pacific
• China
• India
• Indonesia
• Vietnam
• Rest of Asia-Pacific
o Rest of the World
• Middle-East
• Africa
• South America
1 Executive Summary 11
2 Introduction 12
2.1 Definition 12
2.2 Scope of the Study 12
2.2.1 Research Objective 12
2.2.2 Assumptions 12
2.2.3 Limitations 12
2.3 Market Structure 13
3 Research Methodology 15
3.1 Introduction 15
3.2 Primary Research 16
4 Secondary Research 17
5 Market Dynamics 18
5.1 Introduction 18
5.1.1 Drivers 18
5.1.1.1 Food Safety Acts and Standards 18
5.1.1.2 Increasing Demand for Organic Food and Beverages 19
5.1.1.3 Organic Farming Promotion from Government Authorities and NGOs 19
5.1.1.4 Rising Health Awareness 19
5.1.2 Restraints 19
5.1.2.1 Large Scale Production 19
5.1.2.2 Prices of Organic Spices 20
5.1.2.3 Organic Certification 20
5.1.3 Opportunities 20
5.1.3.1 Fair Trade Organization 20
5.1.3.2 Increasing Demand from Food Manufacturers 21
5.1.3.3 Growing Popularity of Ethnic and Exotic Foods 21
5.1.4 Challenges 21
5.1.4.1 Lack of Awareness about Organic Farming Practices 21
5.1.4.2 Changing Climate Conditions 21
5.1.4.3 Organic Farming Regulation 21
6 Market Trends 22
6.1 Trends in Supply/Production 22
6.2 Trends in Demand/Consumption 23
6.3 Emerging Markets (Supply & Demand) 24
6.4 Emerging Brands 24
6.5 Trade (Import-Export) Analysis 25
6.5.1 Export Analysis 25
6.5.2 Import Analysis 26
6.6 Innovations in Product/Process 28
6.7 Macroeconomic Indicator Analysis for Top 2 Organic Spices Market 28
6.7.1 PESTLE ANALYSIS-U.S. 28
6.7.2 PESTLE ANALYSIS-India 29
7 Market Factor Analysis 30
7.1 Introduction 30
7.2 Value Chain Analysis 30
7.3 Porter’s Five Forces 31
7.3.1 Threat of New Entrants 32
7.3.2 Threat of Substitutes 32
7.3.3 Buyer Power 32
7.3.4 Due to higher demand for organic and healthy foods, the organic spices market has high buyer power 32
7.3.5 Supplier Power 32
7.3.6 Backed by supplier market concentration in Asia Pacific unique supplier capabilities compare to non-organic spices producers, the organic spices market has high supplier power. 32
7.3.7 Intensity of Rivalry 32
7.4 Supply Chain Analysis 33
8 Global Organic Spices Market-By Type 34
9 Global Organic Spices Market-By Function 36
10 Global Organic Spices Market-By Form 37
11 Global Organic Spices Market-By Application 39
12 Global Organic Spices Market-By Region 41
12.1 North America Organic Spices Market 42
12.2 Europe Organic Spices Market 46
12.3 Asia Pacific Organic Spices Market 51
12.4 Rest of the World Organic Spices Market 56
13 Competitive Landscape 61
13.1 Introduction 61
13.2 Product Launch/Development 62
13.3 Business Expansion 62
13.4 Certification 63
13.5 R&D/Investment 63
14 Company Profiles 64
14.1 Organic Spices Inc. (U.S.) 64
14.1.1 Overview 64
14.1.2 Company Snapshot 64
14.1.3 Product Portfolio 64
14.1.4 Business Strategy 65
14.2 SOAP (Sapthsathi Organic Agriculture Project) (India) 65
14.2.1 Overview 65
14.2.2 Company Snapshot 66
14.2.3 Product Portfolio 66
14.2.4 Business Strategy 66
14.3 Frontier Natural Products Co-op (U.S) 67
14.3.1 Overview 67
14.3.2 Company Snapshot 67
14.3.3 Product Portfolio 68
14.3.4 Business Strategy 69
14.4 Rapid Organic 70
14.4.1 Overview 70
14.4.2 Company Snapshot 70
14.4.3 Product Portfolio 70
14.4.4 Business Strategy 71
14.5 Simply Organic 72
14.5.1 Overview 72
14.5.2 Company Snapshot 72
14.5.3 Product Portfolio 72
14.5.4 Business Strategy 72
14.6 Earthen Delight 73
14.6.1 Overview 73
14.6.2 Company Snapshot 73
14.6.3 Product portfolio 73
14.7 Yogi Botanicals 75
14.7.1 Overview 75
14.7.2 Company Snapshot 75
14.7.3 Product Portfolio 76
14.8 Live Organic Pvt Ltd 77
14.8.1 Overview 77
14.8.2 Company Snapshot 77
14.8.3 Product portfolio 78
14.9 The Spice Hunter, Inc. 79
14.9.1 Overview 79
14.9.2 Company Snapshot 79
14.9.3 Product Portfolio 79
14.10 Starwest Botanicals 80
14.10.1 Overview 80
14.10.2 Company Snapshot 80
14.10.3 Product Portfolio 81
