Organic Spices Market - Forecast (2022 - 2027)

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Organic Spices MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The Organic Spices market size is estimated to
  reach 3.8 billion by 2026, growing at a CAGR of
  5.3 during the forecast period 2021-2026. Spices
  are primarily used for the flavoring or coloring
  of food products even though they are also
  extensively used in traditional medicine,
  perfumes, cosmetics, and religious events..
• Some of the commonly used spices include mustard
  seeds, pink peppercorn, black pepper, nutmeg,
  Ceylon cinnamon powder, turmeric, and saffron.
  Apart from improving food color and taste, spices
  are also highly beneficial for health.

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• Key Takeaways
• Geographically, the Asia Pacific market accounted
  for the largest Organic Spices Market share in
  2020 and it is poised to dominate the market over
  the period 2021-2026 owing to the low cost of
  organic spice products along with the high usage
  of spices in traditional meals in the region.
• An increase in health awareness and the demand
  for organic products by consumers is projected to
  drive the market. However, high production costs
  and low yield of organic spices when compared to
  conventional spices are anticipated to hamper
  growth opportunities..

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By Distribution Channel- Segment Analysis Based
on Form, the Organic Spices market is segmented
into Whole, Raw, Powder, and Seeds. The Powder
segment accounted for the largest share of the
market in 2020 and is anticipated to continue
dominating the market during the forecast period
2021-2026. This is attributed to the hectic urban
lifestyle of the consumers. The powdered form is
highly convenient for use and saves time as the
user does not have to crush the spices themselves.
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• Organic Spices Market Industry Outlook 
• PDS Organic Spices
• Olam International Ltd.
• Kalsec Inc.
• ITC Limited
• The Watkins Co.
• SB Foods Inc.
• The C.F. Sauer Company
• Husarich GmbH

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Noodles Market - Forecast(2021 - 2026) Learn
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