Press release
Dried Spices Market Revenue Is Expected To Reach Us$ 8.6 Bn By 2022 - 2031 : Fact.MR
In 2020, the market for dried spices reached about US$ 5.5 billion. The market for dried spices is dominated by domestic and local businesses, who represent a negligible percentage of the market. Unorganized players control nearly 70% of the market, with well-known market players who operate across several international geographies snatching up the remaining market share.The demand for whole spices, fresh herbs, and dried herbs is anticipated to remain strong. Additionally, the market for dried spices is anticipated to be significantly impacted by the growing use of spices in packaged foods and bakery goods. As a result, during the forecast period, the dried spice industry is anticipated to surpass US$ 8.6 Bn and show positive CAGR of 4.6%.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=349
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ
โข ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐
Pepper
Paprika
Cardamom
Cloves
Turmeric
Cumin
Nutmeg
Ginger
Cinnamon
Other Dried Spices
โข ๐ก๐ฎ๐๐๐ฟ๐ฒ
Conventional Dried Spices
Organic Dried Spices
โข ๐ฆ๐ฎ๐น๐ฒ๐ ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น
Supermarkets/Hypermarkets
Convenience Stores
Speciality Stores
Department Stores
Online Stores
Other Sales Channels
๐๐ผ๐ฟ๐บ
Powdered Dried Spices
Granule Dried Spices
Whole Dried Spices
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=349
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Demand for dried herbs, fresh herbs, and entire spices is likely to stay strong. Furthermore, the increasing use of spices in bread items and packaged foods is likely to have a long-term impact on the dried spices industry. Thus, the dried spices business is predicted to approach US$ 8.6 billion, with a positive CAGR of 4.6% throughout the forecast period (2021-2031).
โข McCormick & Company, Inc. and Heifer International established a cooperation in September 2021 to promote sustainable incomes for Guatemalan spice farmers. Through this collaboration, the firms want to invest in cardamom and allspice. As a result, farmers in the region will earn more money.
โข Kerry Group announced an agreement in December 2018 to acquire two seasonings companies: Ariake USA, the North American Division of Ariake Japan Co., and Southeastern Mills North American coatings and seasonings business, bolstering the company's authentic taste and clean label portfolio.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/349
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ & ๐๐ฒ๐ ๐ค๐๐ฒ๐๐๐ถ๐ผ๐ป๐ ๐๐ป๐๐๐ฒ๐ฟ๐ฒ๐ฑ
โข Dried Spices Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
โข Dried Spices Market Historical volume analysis: The report provides a comparison of Dried Spices Market historical sales and projected sales performance for 2021-2031.
โข Dried Spices Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Dried Spices Market It carefully gauges the impact of changing healthcare needs of key demographics globally
โข Dried Spices Market Consumption by demographics: The report investigates consumer behavior affecting Dried Spices Market demand outlook for the assessment period. Effect of their keenness for digital trends on Dried Spices Market is carefully analyzed
โข Post COVID consumer spending on Dried Spices Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Dried Spices Market growth.
For More Insight- https://www.globenewswire.com/en/news-release/2022/09/13/2515274/0/en/Gastrointestinal-Stents-Being-Widely-Used-in-Treatment-of-Digestive-Cancer-Fact-MR-Analysis.html
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