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Global Dried Herbs Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Dried Herbs Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Dried Herbs Market?
In recent years, the market size for dried herbs has seen robust growth. The projection is that it will expand from $6.43 billion in 2024 to $6.79 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. Factors such as traditional herbal medicine, culinary customs, preservation and flavor enhancement, global trading pathways, and heritage culinary and medicinal wisdom contributed to the historical period's growth.
Expectations for the dried herbs market are indicating robust growth in the upcoming years, with a prediction to reach $8.96 billion by 2029 through a compound annual growth rate (CAGR) of 7.2%. The projected expansion throughout this predicted period is due to factors including sustainability and organic farming practices, progressive advances in packaging and presentation, adoption of global fusion in meals, changing dietary choices, and the rapid growth of online retail and e-commerce. The dominant trends likely to be seen in this forecast period would involve leading-edge technological advancements in the drying process, an increased interest in culinary exploration, growing demand for organic varieties, the popularity of home gardening and trends influencing day time usage, coupled with innovative packaging solutions to maintain freshness.
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What Are the Different Dried Herbs Market Segments?
The dried herbs market covered in this report is segmented -
1) By Product Type: Oregano, Rosemary, Sage, Savory, Mint, Thyme, Bay Leaves
2) By Nature Type: Organic, Conventional
3) By Drying Method Type: Air Drying, Vacuum Drying, Microwave Drying
4) By Form Type: Whole Herbs, Powdered Herbs
Subsegments:
1) By Oregano: Whole Oregano Leaves, Ground Oregano
2) By Rosemary: Whole Rosemary Leaves, Ground Rosemary
3) By Sage: Whole Sage Leaves, Ground Sage
4) By Savory: Summer Savory, Winter Savory
5) By Mint: Dried Mint Leaves, Ground Mint
6) By Thyme: Whole Thyme Leaves, Ground Thyme
7) By Bay Leaves: Whole Bay Leaves, Crushed Bay Leaves
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What Are the Primary Drivers Shaping the Dried Herbs Market?
The surge in processed food intake is anticipated to fuel the expansion of the dried herbs market in the future. Economic growth leading to higher disposable incomes has resulted in a surge in demand for processed foods. The trend of consuming processed foods has emerged among the urban and younger demographics, primarily due to the lack of time for home cooking. The use of dried herbs and other components in processed foods for flavoring or coloring, in order to cut down on cooking time, has led to a rising demand by food processing firms for dried herbs. For example, as per the USDA Foreign Agricultural Service, a US government agency, the markets for exported processed food items grew from $772.91 million in 2021 to $913.52 million in 2022 in November 2023. Thus, the escalating consumption of processed food is likely to amplify the demand for the dried herbs market over the prediction time frame.
Which Companies Are Leading in the Dried Herbs Market?
Major companies operating in the dried herbs market include Archer Daniels Midland Company, Kraft Heinz Company, Pacific Botanicals, McCormick & Company Inc., Döhler Group SE, Alpine Herb Company, Synthite Industries Ltd., Nature's Way Products LLC, Frontier Co-op, Van Drunen Farms Inc., British Pepper & Spice Company Ltd., Star Kay White Inc., Starwest Botanicals Inc., Indiana Botanic Gardens Inc., Oregon's Wild Harvest LLC, Banyan Botanicals LLC, Penzey's Spices LLC, Mountain Rose Herbs Inc., Avi Naturals, Monterey Bay Spice Company, Red Moon Herbs Inc., Cherry Valley Organics LLC, Sorich Organics Private Limited, Hamps Bio Private Limited, Maduras Herbals Private Limited, Burlap & Barrel Single Origin Spices Inc.
What Trends Are Expected to Dominate the Dried Herbs Market in the Next 5 Years?
Large corporations in the dried herb industry are concentrating their efforts on promoting home cooking and grilling, with the goal of creating new goods and extending their footprint in new markets. An example of this is Simply Organic, a company based in the US that specializes in herbs and spices, which unveiled New Dry Rubs, Marinade Mixes, and Finishing Salts in March 2023. These products aim to enrich the home cooking and grilling experience. The new product line features four dry rubs and marinade mixes inspired by global cuisines, along with three finishing salts conceived by chefs.
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What Are the Top Revenue-Generating Geographies in the Dried Herbs Market?
Western Europe was the largest region in the dried herbs market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the dried herbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Dried Herbs Market?
2. What is the CAGR expected in the Dried Herbs Market?
3. What Are the Key Innovations Transforming the Dried Herbs Industry?
4. Which Region Is Leading the Dried Herbs Market?
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