From GlobeNewswire: 2024-11-12 07:14:00

The global dried herbs market is projected to surpass $5.9 billion by 2032, driven by consumer demand for natural and organic options in cooking. The growth of the food and beverage industry further boosts the need for dried herbs as essential flavor enhancers, aligning with the trend towards healthier food choices. The market is segmented based on type, form, application, distribution channel, and region.

Basil, a popular herb, garnered $860 million in 2023 and is expected to grow at a 6.2% CAGR through 2032 due to its versatile culinary applications and distinct aroma. The food and beverages segment, valued at $1.93 billion in 2023, will see a 5.6% CAGR, driven by the increasing use of herbs for flavor enhancement and preservation in various culinary applications.

North America’s dried herbs market, valued at $1 billion in 2023, is projected to grow at a 5.3% CAGR, fueled by the region’s preference for natural and organic ingredients. The rising health consciousness among consumers and the expansion of the food and beverage industry contribute to the region’s significant role in the market’s growth.



Read more at GlobeNewswire: Dried Herbs Market to reach $5.9 Bn by 2032, Says Global