The Global Dried Herbs Market report focuses on different segments such as by product type (Oregano, Rosemary, Sage), by form (Whole Herbs, Powdered Herbs), and by nature (Organic, Conventional). The market size is expected to reach USD 6,534.0 million by 2033, up from USD 3,965.0 million in 2023, with a CAGR of 6.1% over the forecast period. Key characteristics include the increasing demand for natural food ingredients and the rising popularity of organic herbs. North America leads the market due to its well-established food processing sector and high consumer demand for organic products.
Dried herbs are herbs that have been dehydrated to extend their shelf life while preserving their flavor and nutritional value. Commonly used in culinary applications, dried herbs are also popular in medicinal and cosmetic products. The market is growing due to increasing consumer preference for natural and organic ingredients, as well as the rising popularity of herbal supplements and functional foods.
Key Market Drivers
- Rising Health Consciousness: Growing awareness about the health benefits of herbs among consumers.
- Preference for Natural Ingredients: Increasing demand for natural and organic products in the food and beverage industry.
- Expansion in Culinary Applications: Growing use of dried herbs in various cuisines and culinary preparations.
- Long Shelf Life: The extended shelf life of dried herbs compared to fresh herbs enhances their demand.
- Home Cooking Trends: Increasing trend of home cooking and DIY food preparations during and post-pandemic.
Get more information on “ Global Dried Herbs Market Report” by requesting FREE Sample Copy at https://www.eternalmarkets.com/report/dried-herbs-market-2024-global-dynamics-trends-forecast/#tab-request-sample
Restraining Factors
- Climate Dependence: The production of herbs is highly dependent on climatic conditions, which can affect supply.
- Quality Control: Challenges in maintaining consistent quality and standards across different batches and suppliers.
- Competition from Fresh Herbs: Availability and preference for fresh herbs in certain markets can limit the growth of dried herbs
Future Outlook
- Emerging Markets Growth: Significant growth potential in emerging markets due to increasing disposable incomes and changing consumer preferences.
- Product Innovations: Development of new dried herb products and blends to cater to diverse consumer tastes.
- Sustainable Practices: Adoption of sustainable farming and processing practices to meet the rising demand for organic products.
- Online Retail Expansion: Growth in online retail channels providing easier access to a variety of dried herbs.
- Health and Wellness Trends: Increasing incorporation of dried herbs in health and wellness products, including supplements and functional foods.
Key Players
- DöhlerGroup
- British Pepper and Spice Co Ltd
- Van Drunen Farms
- Synthite Industries Pvt. Ltd.
- HAMPS BIO PRIVATE LIMITED
- Holyland Marketing Private Limited.
- McCormick & Company
- Sorich Organics Pvt. Ltd
- Cherry Valley Organics
- Vardhaman Exotic Herbs & Spices
- Euromaster
- The Spice House
- Mountain Rose Herbs
- Other Market Leaders In The Business
Inquire Before Buying at https://www.eternalmarkets.com/report/dried-herbs-market-2024-global-dynamics-trends-forecast/#tab-inquire-before-buying
Recent Developments
- 2023: DöhlerGroup launched a new range of organic dried herbs targeting the European market.
- 2022: Van Drunen Farms acquired additional land to expand its herb cultivation operations in the U.S.
- 2021: McCormick & Company introduced new dried herb blends to cater to the increasing demand for ethnic and international cuisines.
- 2020: Synthite Industries Pvt. Ltd. formed a strategic partnership with local farmers to promote sustainable herb farming practices.
Market Segmentation
- By Product Type: Oregano, Rosemary, Sage, Savoury, Bay Leaves, Others
- By Form: Whole Herbs, Powdered Herbs
- By Nature: Organic, Conventional
- By End-User: Business to Business (B2B), Business to Customer (B2C)
- By Geography
- Asia-Pacific: China, Japan, India, Rest of APAC (RoAPAC)
- North America: U.S., Canada
- Europe: Germany, U.K., France, Italy, Spain, Rest of Europe (RoE)
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: GCC, Israel, South Africa, Rest of MEA
Regional Insights
- North America
Leading Region: North America dominated the dried herbs market in 2023.
Reasons: High consumption of herbs, robust food processing industry, and growing trend of organic and health-conscious eating habits.
- Europe
Growth Potential: Europe shows significant market potential with a well-established food culture and increasing preference for natural ingredients.
Reasons: Strong culinary traditions, high demand for organic products, and supportive regulatory environment for organic farming.
Final Insights
The global dried herbs market is on a robust growth trajectory, driven by increasing consumer demand for natural and organic products, health benefits associated with herbs, and expanding culinary applications. North America, Europe, and Asia-Pacific are the leading regions, with significant opportunities in emerging markets. Despite challenges such as climatic dependence and quality control issues, the market outlook remains positive, supported by product innovations and sustainable practices.
About Us:
Eternal Markets offers premium dynamic measurable looking over, statistical surveying reports, investigation and figure information for enterprises and governments around the world.
Eternal Markets see how fundamental measurable looking over data is for your association or affiliation. In this manner, we have related with the top distributors and research firms all had practical experience in explicit areas, guaranteeing you will get the most dependable and exceptional research information accessible. We additionally give COTS (Commercial off the Shelf) business division reports as custom investigation concurring your specific needs.
Contact Us:
Eternal Markets
2985, Cedar Brook drive, Decatur GA 30033, USA
T: +1-860-419-5851
For Sales Enquiries: sales@eternalmarkets.com
Website: https://www.eternalmarkets.com
LinkedIn | Twitter | Blogs