Press release
Organic Spices Market: The global market is expected to reach USD 17.0 billion by 2033 from USD 10.9 billion in 2022
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Key Highlights:
• The global Organic Spices Market size was valued at USD 10.9 billion in 2022 growing at a CAGR of 4.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Organic Spices Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The New Normal
The COVID-19 pandemic has had both positive and negative impacts on the organic spices market. On one hand, the pandemic has raised awareness about the importance of healthy eating and the benefits of natural and organic foods, which has led to increased demand for organic spices. On the other hand, the pandemic has also disrupted supply chains and affected the availability and pricing of organic spices.
In terms of COVID 19 impact, the Organic Spices market report also includes the following data points:
• COVID19 Impact on Organic Spices market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Organic Spices market
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Key Players
Some of the major Organic Spices players holding high market share include ORGANIC SPICES LLC, UAE, ORGANIC INDIA ME, OMEGA SPICES, SOVEREIGN INDUSTRIES LLC, and AKAY GROUP LTD. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• ORGANIC SPICES LLC, UAE
• ORGANIC INDIA ME
• OMEGA SPICES
• SOVEREIGN INDUSTRIES LLC
• AKAY GROUP LTD.
• VIDYA GROUP
• MEVIVE INTERNATIONAL FOOD INGREDIENTS
• DAULAT FARMS GROUP
• BAYARA
• SPICE STAR
Segmental Analysis
Market Segment By Product type with focus on market share, consumption trend, and growth rate of Organic Spices Market:
• Ginger
Powder
Granular
Others
• Turmeric
Powder
Granular
Others
• Clove
Powder
Granular
Others
• Others
Powder
Granular
Others
Market Segment By Form with focus on market share, consumption trend, and growth rate of Organic Spices Market:
• Powder
• Granular
• Others
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Global Organic Spices Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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