From GlobeNewswire: 2024-03-29 14:00:00

The Global Organic Spices Market is set to grow from USD 26.92 Billion in 2023 to USD 48.22 Billion by 2033, with a CAGR of 6.00%. Organic spices are natural, bacteria-free, and offer health benefits. Turmeric, ginger, and coriander are commonly used in food preparation. Government policies promoting organic farming are driving market growth.

The turmeric segment is expected to dominate the global organic spices market, as studies confirm its health benefits. Powdered spices are preferred for their ease of use and enhanced flavor profile. Commercial use of organic spices is increasing due to growing consumer demand for natural products.

Asia-Pacific is projected to lead the global organic spices market, leveraging its rich culinary history and biodiversity. North America is expected to see fast growth, driven by rising income levels and health-conscious consumer choices. Key players in the market include McCormick & Company, Frontier Co-op, and Colorado Spice.

Recent developments include Frontier Co-op’s sustainable bulk packaging for spices. Market segmentation includes product types like turmeric and ginger, forms like powder and whole, distribution channels including supermarkets and online stores, and regional analysis covering North America and Europe.



Read more at GlobeNewswire: Global Organic Spices Market Size To Worth USD 48.22