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 primary goal of this research is to assist the user in understanding the The Global Dried Spices Market in terms of definition, segmentation, market potential, significant trends, and the problems that the The Global Dried Spices industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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The Global Dried Spices Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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
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The Global Dried Spices Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the The Global Dried Spices market are
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.
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Regional Analysis:
The report focuses on Global Regions and Market Size of The Global Dried Spices, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on The Global Dried Spices Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the The Global Dried Spices industry in 2021.
Key Questions Answered in the The Global Dried Spices Market Report are:
- What is the function of The Global Dried Spices?
- What is the predicted revenue generation of the The Global Dried Spices market?
- At what growth rate is the The Global Dried Spices market evolving?
- Who are the major market giants operating in the The Global Dried Spices market?
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