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Forecasted Growth of the Global Dried Spices Market (2023-2029)

Aishwarya Bhasme
Forecasted Growth of the Global Dried Spices Market (2023-2029)

The Global Dried Spices Market is projected to grow at a CAGR of 4.67 % during the forecast period, from 2022 to 2029,to reach a market size of USD 25.42 billion by 2029, up from USD 18.47 billion in 2022.

The Global Dried Spices Market Overview

The The Global Dried Spices Market study includes ever-changing trends, the industry environment, and all of the market's leading elements. The research approach was used to investigate the The Global Dried Spices industry, and the results have been logically presented in the report.

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The Global Dried Spices Market Report Scope and Research Methodology 

The global The Global Dried Spices Market report covers a brief analysis of drivers, restraints, product developments, technical advancements, market opportunities, restrictions, growth strategies, and market prospects. The report offers an in-depth analysis of the The Global Dried Spices industry, including key figures such as market size, market share, revenue growth, and CAGR for the forecast period (2022 to 2029). The analysis by MMR focuses on the most important data on regional The Global Dried Spices market share. The research also includes a full geographical analysis of the The Global Dried Spices industry, highlighting the industry’s growth potential and market hurdles in each of the regions with the list of key players in the industry. The bottom-up approach was used to estimate the The Global Dried Spices market size. SWOT analysis was employed to provide the strengths, weaknesses, opportunities and threats in the The Global Dried Spices industry. 

The Global Dried Spices Market Regional Insights

Geographically, the report is segmented into several key countries, with The Global Dried Spices market size, growth rate, import and export of The Global Dried Spices market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

The Global Dried Spices Market Segmentation

Type: Powdered spices are the most popular type of dry spice, followed by granulated and whole-dried spices in terms of demand. Due to their ease of use and storage, powdered spices excel in comparison to other categories. When it comes to shelf life, ground spices outperform whole-dried spices.

Application: Households account for the largest share of customers of dried spices, surpassing businesses in importance. Dry spice buyers are primarily in the food industry, with the cosmetics sector coming in second.

Distribution channel: For dry spices, offline channels continue to be predominate, while the online channel is expanding quickly. The simplicity and cost of online buying are two factors driving the expansion of the online channel.

Consumer behavior: More and more health-conscious shoppers are looking for dry spices that are natural and organic. The demand for ethnic spices is being driven by ethnic consumers. Customers that value convenience seek out pre-ground and pre-measured spices. Consumers on a tight budget are shopping for inexpensive dry spices.

Dried Spices Market, by Type(2022-2029)

1. Powdered spices

2. Granulated spices

3. Whole dried spices

Dried Spices Market, by Application (2022-2029)

1. Home use

2. Commercial use

3. Food industry

4. Cosmetic industry

5. Others

Dried Spices Market, by Distribution channel(2022-2029)

1. Offline channels

2. Online channels

Dried Spices Market, by Consumer Behaviour (2022-2029)

1. Health-conscious consumers

2. Ethnic consumers

3. Convenience-seeking consumers

4. Price-sensitive consumers

Dried Spices Market, by Region (2022-2029)

5. North America

5. Europe

5. Asia Pacific

5. Middle East and Africa

5. South America

For any Queries Linked with the Report, Ask an Analyst


The Global Dried Spices Market Key Players

1. McCormick & Company

2. Olam International

3. The Kraft Heinz Company

4. Ajinomoto Co. Inc.

5. Everest Spices

6. Badia Spices Inc.

7. Simply Organic (Frontier Co-op)ss

8. The Spice House

9. Bart Ingredients

10. Pacific Spice Company Inc.

11. Adams Extract & Spice LLC

12. ARIAKE Japan Co. Ltd.

13. Naturevibe Botanicals

14. The Spice Hunter

15. S&B Foods Inc.

For any Queries Linked with the Report, Ask an Analyst


Key Questions answered in the The Global Dried Spices Market Report are: 

  • Which region holds the maximum share in the The Global Dried Spices market?
  • What is the expected CAGR of the The Global Dried Spices market during the forecast period?
  • Which application segment emerged as the leading segment in the The Global Dried Spices market?
  • What key trends are expected to emerge in the The Global Dried Spices market in the coming years?
  • Which factor is contributing to the final price of the The Global Dried Spices?
  • What is the expected The Global Dried Spices market size by 2029?
  • Who are the The Global Dried Spices key players in the industry?
  • Which company held the largest share in the The Global Dried Spices market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2017 to 2021)
  • Past Pricing and price curve by region (2017 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segments and their sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Aishwarya Bhasme
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