Global Herbs & Spices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Powder & Granules, Flakes, Paste, and Whole/Fresh.

By Nature;

Organic and Conventional.

By End-Use;

Food, Sauces, Dressings and Condiments, Bakery and Confectionery, Snacks & Savory Products, Processed Food, Dairy Products, Ice Creams, Soups, Others, Beverage, Alcoholic Drinks, Non-alcoholic Drinks, RTD Beverages, Juices, Concentrates and Puree, Others, Foodservice, and Retail.

By Product Type;

Herbs, Spices, Seeds, Organic Products (Tobacco, Rice, Bran and other grains), Nuts, Teas, Chamomile and Medicinal Herbs, Dried Mushrooms, Dried Legumes, Dried Cereals, Dried Fruits, and Dehydrated Vegetables.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn079539912 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Herbs & Spices Market (USD Million), 2021 - 2031

In the year 2024, the Global Herbs & Spices Market was valued at USD 167,713.97 million. The size of this market is expected to increase to USD 212,227.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.

The global herbs and spices market is a dynamic sector driven by the increasing demand for diverse flavors and the growing awareness of their health benefits. Herbs and spices have been integral to culinary traditions worldwide for centuries, enhancing the taste, aroma, and nutritional profile of foods. Today, they play a crucial role not only in culinary arts but also in the pharmaceutical and cosmetics industries, where their medicinal and aesthetic properties are highly valued.

One of the key drivers of the market is the rising consumer preference for natural and organic products. As awareness about the harmful effects of synthetic additives grows, consumers are turning to herbs and spices for their natural flavors and health benefits. This trend is further bolstered by the increasing disposable incomes in emerging economies, where consumers are willing to spend more on premium food products that offer superior quality and health benefits.

The globalization of food habits and the influence of diverse cuisines have expanded the market for herbs and spices globally. Different cultures and regions bring their unique blends and preferences, creating a vibrant market for both traditional and exotic herbs and spices. This diversity not only caters to multicultural tastes but also encourages innovation in product offerings by manufacturers and retailers seeking to capitalize on the growing demand for authentic and exotic flavors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Nature
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Product Type
    5. Market Snapshot, By Region
  4. Global Herbs & Spices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer preference for natural and organic products.
        2. Growing demand for ethnic and exotic flavors in food.
        3. Rising awareness about the health benefits of herbs and spices.
      2. Restraints
        1. Price volatility and fluctuations in supply due to weather conditions.
        2. Stringent regulations and quality standards in different regions.
        3. Challenges in maintaining consistent quality and authenticity.
      3. Opportunities
        1. Expansion into new markets and regions, especially in developing countries.
        2. Innovations in product offerings and packaging to attract new consumers.
        3. Growing popularity of convenience foods and ready-to-eat meals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Herbs & Spices Market, By Form, 2021 - 2031 (USD Million)
      1. Powder & Granules
      2. Flakes
      3. Paste
      4. Whole/Fresh
    2. Global Herbs & Spices Market, By Nature, 2021 - 2031 (USD Million)
      1. Organic
      2. Conventional
    3. Global Herbs & Spices Market, By End-Use, 2021 - 2031 (USD Million)
      1. Food
        1. Sauces, Dressings and Condiments
        2. Bakery and Confectionery
        3. Snacks & Savory Products
        4. Processed Food
        5. Dairy Products
        6. Ice Creams
        7. Soups
        8. Others
      2. Beverage
        1. Alcoholic Drinks
        2. Non-alcoholic Drinks
        3. RTD Beverages
        4. Juices, Concentrates and Puree
        5. Others
      3. Foodservice
      4. Retail
    4. Global Herbs & Spices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Herbs
      2. Spices
      3. Seeds
      4. Organic Products (Tobacco, Rice, Bran and other grains)
      5. Nuts
      6. Teas, Chamomile and Medicinal Herbs
      7. Dried Mushrooms
      8. Dried Legumes
      9. Dried Cereals
      10. Dried Fruits
      11. Dehydrated Vegetables
    5. Global Herbs & Spices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. McCormick & Company, Inc.
      2. Olam International Ltd.
      3. Everest Spices
      4. Associated British Foods plc (ABF)
      5. DS Group
      6. Ajinomoto Co., Inc.
      7. Baria Pepper
      8. British Pepper and Spice Company Ltd.
      9. Goya Foods, Inc.
      10. Kraft Heinz Company
  7. Analyst Views
  8. Future Outlook of the Market