According to a research report titled ‘Global Organic Spices Market 2019-2028’, available with Market Study Report, global organic spices market is projected to record 9.26% CAGR over the forecast period 2019-2028.
 

Report findings claim that the growing preference for organically sourced foods, high popularity of spicy food products, and mounting demand for processed food are stimulating the worldwide organic spices market growth. Furthermore, rising awareness and adoption of clean-labeled food products as well as increasing access to internet and e-commerce platforms are likely to create new opportunities for businesses operating in this domain.
 

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Despite the favorable business conditions, low penetration in untapped markets, highly priced organic food products, and adulteration issues are impeding the industry growth. Moreover, uncertain climate conditions in various spice-producing countries are also challenging the industry progression.
 

Based on distribution channel, global organic spices market is arrayed into direct and indirect. By form, the industry is split into raw, powdered, extract, and granular.
 

Classifying on the basis of product type, the industry segmentation comprises ginger, turmeric, pepper, clove, nutmeg, cinnamon, mustard, and others. Among these, the turmeric segment currently accounts for majority of the market share, while the cinnamon segment is slated to exhibit a robust growth rate during the forecast period.
 

Considering the regional front, global organic spices market size spans across Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Among these, Asia-Pacific currently captures majority industry share, with China and India as the top growth promoters. Strong presence of vendors owing to favorable climate for spice farming are promoting the regional industry development.
 

Elaborating further on the geographic scope, countries such as the U.K., Germany, the U.S., and the UAE, have highest demand for organic spices, and a large amount of these products are exported to these regions.
 

Key contenders in global organic spices market sphere are Goya Foods Inc., Live Organic, Frontier Co-op., Bart Ingredients Co. Ltd., Olam International Ltd., UK Blending Ltd., The J.R. Watkins Co., SunOpta Inc., Spice Chain Corp., Ramón Sabater S.A.U., Pacific Spice Company Inc., Organic Spices Inc., Husarich GmbH, Daarnhouwer & Co B.V., and AKO GmbH.