Asia Pacific region to retain its dominance in Organic Herbs & Spices Market

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Asia Pacific region to retain its dominance in Organic Herbs & Spices Market

AgriNation News Network

06 Feb 2018

There is a huge demand for organic spices from food manufacturers due to changing food habits of consumers. In developed countries organic spices has become essential ingredient of healthy food. Many convenience food manufacturers are using organic spices as an ingredient to create product differentiation and to expand their product portfolio. Increase in disposable income in developing countries has created huge demand for food products made from organic spices as a natural flavouring agent.

Regional Analysis:
The Global Organic spices & herbs Market is segmented into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific region is estimated to dominate the market with 76% in the year 2017 followed by North America with 9% share. India, China and Vietnam are major organic spice and herbs producers in the Asia-Pacific region. Presence of various agro-climatic zones and seasons support various organic spices and herbs production in this region. Guatemala and Mexico are major organic spices and herbs market in the North-American region. Strong potential of spices production and consumption favors organic spices and herbs market growth the most among the various regions in the world.

Segments:
Based on organic spice type, chillies market share was estimated to be at 50.42% in the organic spices and herbs market followed by Garlic – 42.7% and Ginger – 4.2% in the year 2017. Strong historical usage and recognition as household and basic essential for daily usage has supported increase in use of chilli, garlic and ginger globally. Among the organic herbs type, mint market share was estimated to be at 21.9% in the organic spices and herbs market followed by oregano -11.4% and marjoram -12.1% in the year 2017. Increasing demand of herbs for medicinal uses is driving the organic herbs market across globe. Based on organic spices and herbs application, culinary and meat and poultry products were estimated to hold a major share of about – 45.6% to the organic spices and herbs market with culinary application holding -31.3% and meat and poultry products -14.3% in the year 2017. Overall, there is huge demand for culinary purpose with increase in awareness of various benefits of spices/herbs and improved tendencies for various global foods and taste.

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