At what pace is the herbs and spices market growing, and what is its estimated value?
The herbs and spices market size has grown strongly in recent years. It will grow from $183.49 billion in 2024 to $195.15 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increase in health consciousness, globalization of cuisine, rise of ethnic foods, rise in demand for organic products, growth of the food processing industry, and popularity of convenience foods.
The herbs and spices market size is expected to see strong growth in the next few years. It will grow to $247.12 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to rising vegetation, rising demand for immune-boosting spices, increasing preference for bold flavors, growing e-commerce for spices, and expansion of the foodservice industry. Major trends in the forecast period include sustainable sourcing practices, adoption of organic and non-GMO certifications, enhanced processing techniques, innovative packaging for extended shelf life, AI-driven supply chain optimization, innovation in medicinal spices, and development of spice blends catering to global culinary trends.
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What are the top drivers to the rising demand in the herbs and spices market?
Increasing demand for organic food is expected to propel the growth of the herbs and spices market going forward. Organic food refers to agricultural products grown and processed without synthetic chemicals, such as pesticides and fertilizers, and without genetically modified organisms (GMOs). Rising demand for organic foods is driven by increasing health consciousness and environmental sustainability concerns, along with growing awareness of chemical-free, nutrient-rich produce. The rise in organic food consumption boosts the need for herbs and spices, valued for their natural properties and ability to complement chemical-free diets. For instance, in May 2023, according to the Department for Environment, Food, and Rural Affairs, a UK-based government department, in 2022, the UK saw a total of 509 thousand hectares of land farmed organically, representing a 0.4% increase from 2021.The area of organically grown vegetables increased by 4.8% to 10,000 hectares compared to 2021. Therefore, increasing demand for organic food is driving the growth of the herbs and spices market.
How is the herbs and spices market segmented?
The herbs and spices market covered in this report is segmented –
1) By Product Type: Herbs, Spices, Paprika (Hot Pepper), Cumin
2) By Form: Powder And Granules, Flakes, Paste, Whole Or Fresh
3) By Sales Channel: Direct Sales, Indirect Sales
4) By End Use: Food, Beverage, Food Service, Retail Sales
Subsegments:
1) By Herbs: Basil, Oregano, Thyme, Rosemary, Parsley, Mint
2) By Spices: Black Pepper, Turmeric, Cinnamon, Cardamom, Cloves, Ginger
3) By Paprika (Hot Pepper): Smoked Paprika, Sweet Paprika, Hot Paprika
4) By Cumin: Whole Cumin Seeds, Ground Cumin, Black Cumin
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Who are the top competitors in the herbs and spices market?
Major companies operating in the herbs and spices market are Associated British Foods plc, Olam International, McCormick & Company Inc., Sensient Technologies Corporation, Döhler GmbH, Synthite Industries Ltd., Everest Spices, DS Group, Elite Spice Inc., Frontier Co-op, Mountain Rose Herbs, Raps GmbH & Co. KG, Pacific Spice Company, Inc., Bart Ingredients Company Ltd., Badia Spices Inc., Organic Herb Inc., Vanns Spices Ltd., Baron Spices & Seasonings, Durkee-Mower Inc., Ganesha Foods.
What significant trends should we anticipate in the herbs and spices market over the forecast period?
Major companies operating in the herbs and spices market are focusing on technological innovations such as advanced and attractive packaging systems to enhance product shelf life, maintain freshness, and attract more consumers by improving convenience and sustainability. Advanced and attractive packaging systems for herbs enhance freshness, extend shelf life, improve visual appeal, ensure convenience, and boost marketability. For instance, in March 2023, McCormick & Company, a US-based spice and extract manufacturing company, launched a redesigned bottle for its iconic red cap products, focusing on freshness and convenience for home cooks. The updated packaging features the innovative SnapTight lids, ensuring bottles are securely sealed to lock in flavor and freshness. The redesign, tested and favored by consumers, reflects McCormick’s commitment to enhancing the cooking experience. Rolling out nationwide, the new bottles will eventually cover all red cap products, including essentials like cinnamon, garlic powder, and paprika, setting a new standard in flavor preservation and user satisfaction.
Which regional trends are influencing the herbs and spices market, and which area dominates the industry?
North America was the largest region in the herbs and spices market in 2024. The regions covered in the herbs and spices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Herbs And Spices Market Report 2025 Offer?
The herbs and spices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Herbs and spices are natural plant-based products used to enrich the taste, scent, and shelf life of food. Herbs come from the leafy parts of plants, such as mint or thyme, while spices are derived from seeds, bark, roots, or fruits, such as pepper or cardamom. They are prized not only for their culinary uses but also for their medicinal and nutritional advantages.
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