Press release
Global Dried Spices Market: Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026
According to Fact.MR, the global dried spices market is expected to represent a value of over US$ 17,400 Mn by the end of 2026.The global market discussion on “Dried Spices” can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Dried Spices Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on global dried spices market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.
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Factors Fuelling Global Market Growth
Growth of the global dried spices market is mainly bound to various macro-economic and micro-economic factors. As the need for enhancing flavors in various food products continue to increase, demand for dried spices is projected to rev up in the global market. Bound to various healthy properties, consumption of dried spices is projected to remain in the food industry. Moreover, attributed to properties such as sodium and calorie-free flavors, consumption of spices helps in controlling heart diseases, diabetes and weight gain. Demand for the dried spices also continue to remain high as it helps in preventing cancer. Bound to such factors, the global dried spices market is expected to witness significant growth during the forecast period.
Besides increasing demand in the food industry, dried spices is expected to witness significant demand in various personal care products and medicines. As dried spices have antioxidant properties, manufacturers in the cosmetic and personal care industry are increasingly using dried spices during production process. In addition, healing, soothing, cleaning and protecting properties has led to surge in demand for dried spices while manufacturing various aromatherapy products. Moreover, dried spices will continue to witness significant demand in various oil products used for aromatherapy and spas globally. Surge in demand for dried spices is projected to impact growth of the global dried spices market during the forecast period.
Sales to Remain Through Supermarkets/Hypermarkets
As preference for consuming spices that helps in losing weight and improves the digestion process increases, demand for pepper is projected to increase in the global market. On the basis of product type, the pepper segment is projected to witness significant revenue growth, accounting for more than US$ 2,000 Mn by 2026-end. However, the cinnamon product type segment is projected to reflect a healthy CAGR throughout the forecast period. By end users, the conventional end user segment is projected to represent the highest revenue growth, recording more than US$ 2,400 Mn by 2017-end. In contrary to this, the organic end users segment is projected to reflect a robust CAGR by 2026-end.
In terms of revenue, the supermarkets/hypermarkets sales channel segment is expected to witness the highest growth, representing more than US$ 2,400 Mn during the forecast period. Based on form, the powder form segment is projected to reflect a significant CAGR throughout the forecast period. On the other hand, the whole dried form segment is projected to represent significant revenue growth, accounting for more than US$ 2,400 Mn by 2026-end.
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Table of Content
Global Outlook
Global Dried Spice Market - Executive Summary
Global Dried Spice Market Overview
3.1. Introduction
3.1.1. Global Dried Spice Market Taxonomy
3.1.2. Global Dried Spice Market Definition
3.2. Global Dried Spice Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Dried Spice Market Y-o-Y Growth
3.3. Global Dried Spice Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis, by Product Type
3.7. Regulatory Framework
3.8. Service Provider List
3.9. Spices Consumption vs. GDP-PPP
3.10. Value Chain
3.11. Trading Analysis
3.12. Key Participants Market Presence (Intensity Map) By Region
Global Dried Spice Market Analysis and Forecast 2012-2026
4.1. Global Dried Spice Market Size and Forecast By Product Type, 2012-2026
4.1.1. Pepper Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Paprika Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Cardamom Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Cloves Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Turmeric Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
Continued@@@...
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About Fact.MR
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