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Organic Spice Market Worth $ 40 Bn by 2024: Global Market Insights Inc.

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Presentation on theme: "Organic Spice Market Worth $ 40 Bn by 2024: Global Market Insights Inc."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Organic Spice Market Worth $ 40 Bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Organic Spice Market size was worth over USD 20 billion in 2017 and will witness CAGR over 7.5% up to 2024.  Increasing awareness regarding health benefits of naturally produced spices owing to their therapeutic properties will stimulate the product demand over the forecast period.  The rising popularity of exotic and natural ingredients in food preparation owing to their long lasting aromatic properties will further impact the industry growth positively. Spices are an essential ingredient for a wide range of cuisines across the world owing to its garnishing and flavoring benefits associated with it.  Surging demand for organic turmeric in culinary, snack items & convenience food, and meat & poultry application owing to its high preservative properties will boost the industry growth. Key Insights from Organic Spice Market

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Most of the food processing companies are widely adding organic ingredients in countless applications including canned beverages, baked products, sauces, popcorn, and yogurt.  Garlic oil has numerous food application owing to its strong flavors that enhances the aroma and gives a pleasant taste in soups, canned food, and sauces. Ginger is also highly used in liquors, carbonated drinks and ginger cocktails which will further strongly support the industry growth. Other benefits such as improving heart health, regulating metabolism and detoxification driving product adoption in various applications.  The global industry share is highly fragmented in nature with the major participants, including Rapid Organic, Earthly Delight, Sapthsathi Organic Agriculture Project, Frontier Natural Product, Organic Spices and The Spice Hunter. Other prominent participants include Live Organics, Yogi Botanicals, Starwest botanicals, Salzhaus’l Himalaya Kristallsalz, Rocky Mountain Company, The Spice House and Spices Inc. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific Organic Chilli Market, By Application, 2017 & 2024 (Kilo Tons)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Nutritional Lipids Market @ https://goo.gl/brixWV https://goo.gl/brixWV Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2517 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49

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