The Global Dried Spices Market size is expected to reach $14.7 billion by 2030, rising at a market growth of 4.4 % CAGR during the forecast period. In the year 2022, the market attained a volume of 4,21,949.8 tonnes, experiencing a growth of 4.6% (2019-2022).
Cumin is recognized for its potential digestive and anti-inflammatory properties, aligning with the increasing consumer focus on wellness and natural ingredients. In addition, cumin is a key ingredient in many traditional dishes from regions such as the Middle East, South Asia, and Latin America. Consequently, the Cummin segment would generate approximately 12.97 % share of the market by 2030. The demand for cumin-infused flavors has surged as global palates become more adventurous. Hence, the segment will expand rapidly in the coming years.
Many dried spices are known to be rich sources of antioxidants. By neutralizing free radicals in the body, antioxidants contribute to reducing oxidative stress and mitigating chronic disease risk. Spices such as turmeric, cinnamon, and cloves are renowned for their antioxidant content. Hence, these factors can lead to increased demand for dried spices.
Additionally, Social media platforms, especially visually centric ones like Instagram and Pinterest, leverage the power of images to create a feast for the eyes. Shareable content featuring vibrant, visually appealing dishes with unique flavor combinations captivates audiences and stimulates sensory curiosity. Hence, these aspects will boost the demand for dried spices.
However, Adulteration involves intentionally adding inferior or cheaper substances to dried spices to increase volume or weight, compromising the quality of the final product. Adulteration can dilute the spices' flavor, aroma, and nutritional value, leading to substandard products that do not meet consumer expectations. Therefore, these factors can limit the expansion of the market.
By Source Analysis
Based on source, the market is segmented into natural and organic. In 2022, the organic segment garnered an 18.51 % revenue share in the market. Organic certifications such as USDA Organic and EU Organic assure consumers of the authenticity of organic dried spices. Transparency in labeling and supply chain information further enhances consumer confidence. Likewise, consumers increasingly view organic dried spices as elevating their culinary experiences. Therefore, these factors can help in the expansion of the segment.
By Form Analysis
Based on form, the market is divided into powder, granules, and whole. The powder segment recorded the 55.40 % revenue share in the market in 2022. Powdered spices offer unparalleled convenience and ease of use in culinary applications. The pre-ground nature of these spices eliminates the need for time-consuming grinding or processing, making them readily accessible for quick and efficient seasoning in various dishes. Therefore, the segment will witness increased growth in the upcoming years.
By Application Analysis
On the basis of application, the market is divided into food & beverage industry, foodservice industry, and retail. In 2022, the foodservice industry segment witnessed a 36.49 % revenue share in the market. The increasing demand for authentic and globally inspired flavors is a significant driver for the growth of the food service segment in the dried spices market. Consumers seeking diverse and immersive dining experiences are drawn to restaurants and eateries that incorporate various spices in their cuisines. Therefore, these factors will lead to enhanced growth in the segment.
By Product Type Analysis
On the basis of product type, the market is divided into pepper, ginger, cinnamon, cumin, turmeric, cardamom, cloves, nutmeg & mace, and others. The pepper segment recorded the 22.46 % revenue share in the dried spices market in 2022. Pepper, a versatile spice, is an essential ingredient in diverse global cuisines. Its widespread use in various culinary traditions, from Asian and Mediterranean to Latin American cuisines, contributes to consistent demand. Thus, these aspects can assist in the growth of the segment.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe segment acquired a 30.35% revenue share in the market. Europe, known for its rich culinary heritage, continues to embrace a diverse range of cuisines. Consumers in the region exhibit a growing interest in exploring global flavors, leading to an increased demand for a wide variety of dried spices to enhance and diversify their culinary experiences. Hence, these factors can boost the demand in the segment.
Recent Strategies Deployed in the Market
- Mar-2023: Frontier Cooperative's Simply Organic brand has unveiled an array of fresh offerings, including four innovative dry rubs and marinade blends with global inspirations, along with three new artisanal finishing salts curated by top chefs. The lineup features enticing options such as Chimichurri Marinade Mix, Teriyaki Marinade Mix, Buffalo Dry Rub, and Cajun Dry Rub, complemented by Organic Black Garlic Finishing Salt, Organic Hatch Chile Smoked Finishing Salt, and Organic Citrus Rosemary Finishing Salt.
- Jun-2022: The DS Group has recently completed the acquisition of The Good Stuff Pvt Ltd, which is the proud owner of LuvIt Chocolate and confectionery brand. This strategic move by DS Group is aimed at enhancing its chocolate portfolio, broadening its range of products, and tapping into new consumer markets, thus reinforcing its presence in the industry.
- Oct-2021: Olam Food Ingredients, a subsidiary of Olam Group Limited, has entered into a partnership with Agri-Neo Inc., a pioneering company specializing in food safety technology. This partnership aims to leverage Ofi's dominant position in the dried onions market alongside Agri-Neo's expertise in pasteurization technology. Together, they seek to introduce the industry's inaugural organically pasteurized dried onions.
- Sep-2021: Olam Food Ingredients, a prominent global player in natural and sustainable ingredients and solutions, has introduced the inaugural assortment in its fresh spice blends series titled "Blends of the Americas." This initial lineup comprises 17 conveniently pre-mixed dry blends, offering food manufacturers and retailers a straightforward, transparent label solution for achieving consistent and authentic flavors. Among the featured blends are "Spicy Citrus Coast," a contemporary Mexican fusion incorporating scorpion chili, ground red pepper, and lime; "Warm Sedona Sunset," a Southwestern blend imbued with a balance of sweet and spicy notes from turmeric, ginger, cinnamon, and green cardamom; and "Citrus Habanero Jerk," which infuses a distinct Jamaican flavor profile through a blend of allspice, habanero, and lime.
- Sep-2021: Sauer Brands Inc. has completed the acquisition of Mateo's Gourmet Salsa, a renowned salsa brand crafted from entirely natural ingredients. This acquisition is part of Sauer Brands' strategy to incorporate Mateo's Gourmet Salsa into its diverse portfolio, enriching it with distinct and innovative flavors.
List of Key Companies Profiled
- Olam Group Limited
- EVEREST Food Products Pvt. Ltd.,
- Bart Ingredients Company Ltd.
- DS Group
- McCormick & Company, Inc.
- Sauer Brands
- Nestle S.A
- The Spice House
- Frontier Co-op.,
- Firmenich SA
Global Dried Spices Market Report Segmentation
By Source (Volume, Tonnes, USD Billion, 2019-2030)
By Form (Volume, Tonnes, USD Billion, 2019-2030)
By Application (Volume, Tonnes, USD Billion, 2019-2030)
- Food & Beverage Industry
- Foodservice Industry
- Retail
By Product Type (Volume, Tonnes, USD Billion, 2019-2030)
- Pepper
- Ginger
- Cinnamon
- Cumin
- Turmeric
- Cardamom
- Cloves
- Nutmeg & Mace
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Dried Spices Market, by Source
- 1.4.2Global Dried Spices Market, by Form
- 1.4.3Global Dried Spices Market, by Application
- 1.4.4Global Dried Spices Market, by Product Type
- 1.4.5Global Dried Spices Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Strategies Deployed in Dried Spices Market
Chapter 5.Global Dried Spices Market by Source
- 5.1Global Natural Market by Region
- 5.2Global Organic Market by Region
Chapter 6.Global Dried Spices Market by Form
- 6.1Global Powder Market by Region
- 6.2Global Whole Market by Region
- 6.3Global Granules Market by Region
Chapter 7.Global Dried Spices Market by Application
- 7.1Global Food & Beverage Industry Market by Region
- 7.2Global Foodservice Industry Market by Region
- 7.3Global Retail Market by Region
Chapter 8.Global Dried Spices Market by Product Type
- 8.1Global Pepper Market by Region
- 8.2Global Ginger Market by Region
- 8.3Global Cinnamon Market by Region
- 8.4Global Cumin Market by Region
- 8.5Global Turmeric Market by Region
- 8.6Global Cardamom Market by Region
- 8.7Global Cloves Market by Region
- 8.8Global Nutmeg & Mace Market by Region
- 8.9Global Others Market by Region
Chapter 9.Global Dried Spices Market by Region
- 9.1North America Dried Spices Market
- 9.1.1North America Dried Spices Market by Source
- 9.1.1.1North America Natural Market by Region
- 9.1.1.2North America Organic Market by Region
- 9.1.2North America Dried Spices Market by Form
- 9.1.2.1North America Powder Market by Country
- 9.1.2.2North America Whole Market by Country
- 9.1.2.3North America Granules Market by Country
- 9.1.3North America Dried Spices Market by Application
- 9.1.3.1North America Food & Beverage Industry Market by Country
- 9.1.3.2North America Foodservice Industry Market by Country
- 9.1.3.3North America Retail Market by Country
- 9.1.4North America Dried Spices Market by Product Type
- 9.1.4.1North America Pepper Market by Country
- 9.1.4.2North America Ginger Market by Country
- 9.1.4.3North America Cinnamon Market by Country
- 9.1.4.4North America Cumin Market by Country
- 9.1.4.5North America Turmeric Market by Country
- 9.1.4.6North America Cardamom Market by Country
- 9.1.4.7North America Cloves Market by Country
- 9.1.4.8North America Nutmeg & Mace Market by Country
- 9.1.4.9North America Others Market by Country
- 9.1.5North America Dried Spices Market by Country
- 9.1.5.1US Dried Spices Market
- 9.1.5.1.1US Dried Spices Market by Source
- 9.1.5.1.2US Dried Spices Market by Form
- 9.1.5.1.3US Dried Spices Market by Application
- 9.1.5.1.4US Dried Spices Market by Product Type
- 9.1.5.2Canada Dried Spices Market
- 9.1.5.2.1Canada Dried Spices Market by Source
- 9.1.5.2.2Canada Dried Spices Market by Form
- 9.1.5.2.3Canada Dried Spices Market by Application
- 9.1.5.2.4Canada Dried Spices Market by Product Type
- 9.1.5.3Mexico Dried Spices Market
- 9.1.5.3.1Mexico Dried Spices Market by Source
- 9.1.5.3.2Mexico Dried Spices Market by Form
- 9.1.5.3.3Mexico Dried Spices Market by Application
- 9.1.5.3.4Mexico Dried Spices Market by Product Type
- 9.1.5.4Rest of North America Dried Spices Market
- 9.1.5.4.1Rest of North America Dried Spices Market by Source
- 9.1.5.4.2Rest of North America Dried Spices Market by Form
- 9.1.5.4.3Rest of North America Dried Spices Market by Application
- 9.1.5.4.4Rest of North America Dried Spices Market by Product Type
- 9.2Europe Dried Spices Market
- 9.2.1Europe Dried Spices Market by Source
- 9.2.1.1Europe Natural Market by Country
- 9.2.1.2Europe Organic Market by Country
- 9.2.2Europe Dried Spices Market by Form
- 9.2.2.1Europe Powder Market by Country
- 9.2.2.2Europe Whole Market by Country
- 9.2.2.3Europe Granules Market by Country
- 9.2.3Europe Dried Spices Market by Application
- 9.2.3.1Europe Food & Beverage Industry Market by Country
- 9.2.3.2Europe Foodservice Industry Market by Country
- 9.2.3.3Europe Retail Market by Country
- 9.2.4Europe Dried Spices Market by Product Type
- 9.2.4.1Europe Pepper Market by Country
- 9.2.4.2Europe Ginger Market by Country
- 9.2.4.3Europe Cinnamon Market by Country
- 9.2.4.4Europe Cumin Market by Country
- 9.2.4.5Europe Turmeric Market by Country
- 9.2.4.6Europe Cardamom Market by Country
- 9.2.4.7Europe Cloves Market by Country
- 9.2.4.8Europe Nutmeg & Mace Market by Country
- 9.2.4.9Europe Others Market by Country
- 9.2.5Europe Dried Spices Market by Country
- 9.2.5.1Germany Dried Spices Market
- 9.2.5.1.1Germany Dried Spices Market by Source
- 9.2.5.1.2Germany Dried Spices Market by Form
- 9.2.5.1.3Germany Dried Spices Market by Application
- 9.2.5.1.4Germany Dried Spices Market by Product Type
- 9.2.5.2UK Dried Spices Market
- 9.2.5.2.1UK Dried Spices Market by Source
- 9.2.5.2.2UK Dried Spices Market by Form
- 9.2.5.2.3UK Dried Spices Market by Application
- 9.2.5.2.4UK Dried Spices Market by Product Type
- 9.2.5.3France Dried Spices Market
- 9.2.5.3.1France Dried Spices Market by Source
- 9.2.5.3.2France Dried Spices Market by Form
- 9.2.5.3.3France Dried Spices Market by Application
- 9.2.5.3.4France Dried Spices Market by Product Type
- 9.2.5.4Russia Dried Spices Market
- 9.2.5.4.1Russia Dried Spices Market by Source
- 9.2.5.4.2Russia Dried Spices Market by Form
- 9.2.5.4.3Russia Dried Spices Market by Application
- 9.2.5.4.4Russia Dried Spices Market by Product Type
- 9.2.5.5Spain Dried Spices Market
- 9.2.5.5.1Spain Dried Spices Market by Source
- 9.2.5.5.2Spain Dried Spices Market by Form
- 9.2.5.5.3Spain Dried Spices Market by Application
- 9.2.5.5.4Spain Dried Spices Market by Product Type
- 9.2.5.6Italy Dried Spices Market
- 9.2.5.6.1Italy Dried Spices Market by Source
- 9.2.5.6.2Italy Dried Spices Market by Form
- 9.2.5.6.3Italy Dried Spices Market by Application
- 9.2.5.6.4Italy Dried Spices Market by Product Type
- 9.2.5.7Rest of Europe Dried Spices Market
- 9.2.5.7.1Rest of Europe Dried Spices Market by Source
- 9.2.5.7.2Rest of Europe Dried Spices Market by Form
- 9.2.5.7.3Rest of Europe Dried Spices Market by Application
- 9.2.5.7.4Rest of Europe Dried Spices Market by Product Type
- 9.1Asia Pacific Dried Spices Market
- 9.1.1Asia Pacific Dried Spices Market by Source
- 9.1.1.1Asia Pacific Natural Market by Country
- 9.1.1.2Asia Pacific Organic Market by Country
- 9.1.2Asia Pacific Dried Spices Market by Form
- 9.1.2.1Asia Pacific Powder Market by Country
- 9.1.2.2Asia Pacific Whole Market by Country
- 9.1.2.3Asia Pacific Granules Market by Country
- 9.1.3Asia Pacific Dried Spices Market by Application
- 9.1.3.1Asia Pacific Food & Beverage Industry Market by Country
- 9.1.3.2Asia Pacific Foodservice Industry Market by Country
- 9.1.3.3Asia Pacific Retail Market by Country
- 9.1.4Asia Pacific Dried Spices Market by Product Type
- 9.1.4.1Asia Pacific Pepper Market by Country
- 9.1.4.2Asia Pacific Ginger Market by Country
- 9.1.4.3Asia Pacific Cinnamon Market by Country
- 9.1.4.4Asia Pacific Cumin Market by Country
- 9.1.4.5Asia Pacific Turmeric Market by Country
- 9.1.4.6Asia Pacific Cardamom Market by Country
- 9.1.4.7Asia Pacific Cloves Market by Country
- 9.1.4.8Asia Pacific Nutmeg & Mace Market by Country
- 9.1.4.9Asia Pacific Others Market by Country
- 9.1.5Asia Pacific Dried Spices Market by Country
- 9.1.5.1China Dried Spices Market
- 9.1.5.1.1China Dried Spices Market by Source
- 9.1.5.1.2China Dried Spices Market by Form
- 9.1.5.1.3China Dried Spices Market by Application
- 9.1.5.1.4China Dried Spices Market by Product Type
- 9.1.5.2Japan Dried Spices Market
- 9.1.5.2.1Japan Dried Spices Market by Source
- 9.1.5.2.2Japan Dried Spices Market by Form
- 9.1.5.2.3Japan Dried Spices Market by Application
- 9.1.5.2.4Japan Dried Spices Market by Product Type
- 9.1.5.3India Dried Spices Market
- 9.1.5.3.1India Dried Spices Market by Source
- 9.1.5.3.2India Dried Spices Market by Form
- 9.1.5.3.3India Dried Spices Market by Application
- 9.1.5.3.4India Dried Spices Market by Product Type
- 9.1.5.4South Korea Dried Spices Market
- 9.1.5.4.1South Korea Dried Spices Market by Source
- 9.1.5.4.2South Korea Dried Spices Market by Form
- 9.1.5.4.3South Korea Dried Spices Market by Application
- 9.1.5.4.4South Korea Dried Spices Market by Product Type
- 9.1.5.5Singapore Dried Spices Market
- 9.1.5.5.1Singapore Dried Spices Market by Source
- 9.1.5.5.2Singapore Dried Spices Market by Form
- 9.1.5.5.3Singapore Dried Spices Market by Application
- 9.1.5.5.4Singapore Dried Spices Market by Product Type
- 9.1.5.6Malaysia Dried Spices Market
- 9.1.5.6.1Malaysia Dried Spices Market by Source
- 9.1.5.6.2Malaysia Dried Spices Market by Form
- 9.1.5.6.3Malaysia Dried Spices Market by Application
- 9.1.5.6.4Malaysia Dried Spices Market by Product Type
- 9.1.5.7Rest of Asia Pacific Dried Spices Market
- 9.1.5.7.1Rest of Asia Pacific Dried Spices Market by Source
- 9.1.5.7.2Rest of Asia Pacific Dried Spices Market by Form
- 9.1.5.7.3Rest of Asia Pacific Dried Spices Market by Application
- 9.1.5.7.4Rest of Asia Pacific Dried Spices Market by Product Type
- 9.2LAMEA Dried Spices Market
- 9.2.1LAMEA Dried Spices Market by Source
- 9.2.1.1LAMEA Natural Market by Country
- 9.2.1.2LAMEA Organic Market by Country
- 9.2.2LAMEA Dried Spices Market by Form
- 9.2.2.1LAMEA Powder Market by Country
- 9.2.2.2LAMEA Whole Market by Country
- 9.2.2.3LAMEA Granules Market by Country
- 9.2.3LAMEA Dried Spices Market by Application
- 9.2.3.1LAMEA Food & Beverage Industry Market by Country
- 9.2.3.2LAMEA Foodservice Industry Market by Country
- 9.2.3.3LAMEA Retail Market by Country
- 9.2.4LAMEA Dried Spices Market by Product Type
- 9.2.4.1LAMEA Pepper Market by Country
- 9.2.4.2LAMEA Ginger Market by Country
- 9.2.4.3LAMEA Cinnamon Market by Country
- 9.2.4.4LAMEA Cumin Market by Country
- 9.2.4.5LAMEA Turmeric Market by Country
- 9.2.4.6LAMEA Cardamom Market by Country
- 9.2.4.7LAMEA Cloves Market by Country
- 9.2.4.8LAMEA Nutmeg & Mace Market by Country
- 9.2.4.9LAMEA Others Market by Country
- 9.2.5LAMEA Dried Spices Market by Country
- 9.2.5.1Brazil Dried Spices Market
- 9.2.5.1.1Brazil Dried Spices Market by Source
- 9.2.5.1.2Brazil Dried Spices Market by Form
- 9.2.5.1.3Brazil Dried Spices Market by Application
- 9.2.5.1.4Brazil Dried Spices Market by Product Type
- 9.2.5.2Argentina Dried Spices Market
- 9.2.5.2.1Argentina Dried Spices Market by Source
- 9.2.5.2.2Argentina Dried Spices Market by Form
- 9.2.5.2.3Argentina Dried Spices Market by Application
- 9.2.5.2.4Argentina Dried Spices Market by Product Type
- 9.2.5.3UAE Dried Spices Market
- 9.2.5.3.1UAE Dried Spices Market by Source
- 9.2.5.3.2UAE Dried Spices Market by Form
- 9.2.5.3.3UAE Dried Spices Market by Application
- 9.2.5.3.4UAE Dried Spices Market by Product Type
- 9.2.5.4Saudi Arabia Dried Spices Market
- 9.2.5.4.1Saudi Arabia Dried Spices Market by Source
- 9.2.5.4.2Saudi Arabia Dried Spices Market by Form
- 9.2.5.4.3Saudi Arabia Dried Spices Market by Application
- 9.2.5.4.4Saudi Arabia Dried Spices Market by Product Type
- 9.2.5.5South Africa Dried Spices Market
- 9.2.5.5.1South Africa Dried Spices Market by Source
- 9.2.5.5.2South Africa Dried Spices Market by Form
- 9.2.5.5.3South Africa Dried Spices Market by Application
- 9.2.5.5.4South Africa Dried Spices Market by Product Type
- 9.2.5.6Nigeria Dried Spices Market
- 9.2.5.6.1Nigeria Dried Spices Market by Source
- 9.2.5.6.2Nigeria Dried Spices Market by Form
- 9.2.5.6.3Nigeria Dried Spices Market by Application
- 9.2.5.6.4Nigeria Dried Spices Market by Product Type
- 9.2.5.7Rest of LAMEA Dried Spices Market
- 9.2.5.7.1Rest of LAMEA Dried Spices Market by Source
- 9.2.5.7.2Rest of LAMEA Dried Spices Market by Form
- 9.2.5.7.3Rest of LAMEA Dried Spices Market by Application
- 9.2.5.7.4Rest of LAMEA Dried Spices Market by Product Type
Chapter 10.Company Profiles
- 10.1Olam Group Limited (Temasek Capital)
- 10.1.1Company Overview
- 10.1.2Financial Analysis
- 10.1.3Segmental and Regional Analysis
- 10.1.4Recent strategies and developments:
- 10.1.4.1Partnerships, Collaborations, and Agreements:
- 10.1.4.2Product Launches and Product Expansions:
- 10.1.5SWOT Analysis
- 10.2Everest Food Products Pvt Ltd.
- 10.2.1Company Overview
- 10.2.2SWOT Analysis
- 10.3Bart Ingredients (Fuchs GmbH & Co. KG)
- 10.3.1Company Overview
- 10.3.2SWOT Analysis
- 10.4DS Group
- 10.4.1Company Overview
- 10.4.2Recent strategies and developments:
- 10.4.2.1Acquisition and Mergers:
- 10.4.3SWOT Analysis
- 10.5McCormick & Company, Inc.
- 10.5.1Company Overview
- 10.5.2Financial Analysis
- 10.5.3Segmental and Regional Analysis
- 10.5.4Research & Development Expense
- 10.5.5SWOT Analysis
- 10.6Firmenich S.A.
- 10.6.1Company Overview
- 10.6.2SWOT Analysis
- 10.7Frontier Cooperative
- 10.7.1Company Overview
- 10.7.2Recent strategies and developments:
- 10.7.2.1Product Launches and Product Expansions:
- 10.7.3SWOT Analysis
- 10.8Sauer Brands Inc.
- 10.8.1Company Overview
- 10.8.2Recent strategies and developments:
- 10.8.2.1Acquisition and Mergers:
- 10.8.3SWOT Analysis
- 10.9Nestle S.A
- 10.9.1Company Overview
- 10.9.2Financial Analysis
- 10.9.3Segmental and Regional Analysis
- 10.9.4Research & Development Expenses
- 10.9.5SWOT Analysis
- 10.10.The Spice House
- 10.10.1Company Overview
- 10.10.2SWOT Analysis
Chapter 11.Winning Imperatives of Dried Spices Market