India Spices Market

India is considered as the home of spices since ancient times, as it boasts a long history of trading with the ancient civilizations of Rome and China. Even in current times, India spices have popularity around the world. India spices market witnessed a growth owing to the rise in demand for organic spices and growing popularity for India cuisine.

Market Dynamics

Rising popularity of India cuisines is expected to fuel the market growth for spices. India food and snacks are made from various combination of spices such as pepper, coriander, and others. Spices provide flavor, aroma, and color to food. This factor is expected to propel the demand for spices over the forecast period.

Among Form, consumers are opting for powder spices as they have larger shelf life than the other forms and they are easy-to-use. Powdered spices are commonly used by households for making snacks and curries. This is expected to boost the demand for powder spices.

Consumers’ growing awareness regarding organic spices as these spices are considered fresh than the spices which are made from chemicals and preservatives. Continuous improvements in spices through product launches have caused rivals to earn a larger market share. Hence, these factors are also anticipated to boost the market growth.

Key features of the study:

• This report provides an in-depth analysis of India spices market, and provides market size (US$ Billion & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the India Spices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Everest Food Products Pvt Ltd., Aachi Spices & Foods Pvt Ltd., Dabur India, DS Group, Eastern Condiments Private Limited, Mahashian Di Hatti Private Limited, MTR Foods Pvt Ltd., Patanjali Ayurved Limited, Pushp Brand (India) Pvt. Ltd., and Ushodaya Enterprises Private Limited.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The India Spices market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India Spices market

Detailed Segmentation:

• India Spices Market, By Product Type:
  • Chillies
  • Ginger
  • Cumin
  • Turmeric
  • Pepper
  • Coriander
  • Others (Cardamom, etc.)
• India Spices Market, By Form:
  • Whole
  • Powder
  • Chopped/Crushed
• Company Profiles
  • Everest Food Products Pvt Ltd
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Aachi Spices & Foods Pvt Ltd
  • Dabur India
  • DS Group
  • Eastern Condiments Private Limited
  • Mahashian Di Hatti Private Limited
  • MTR Foods Pvt Ltd
  • Patanjali Ayurved Limited
  • Pushp Brand (India) Pvt. Ltd.
  • Ushodaya Enterprises Private Limited

“*” marked represents similar segmentation in other categories in the respective section