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India Blended Spices Market Outlook, 2023

  • ID: 4701569
  • Report
  • October 2018
  • Region: India
  • 127 Pages
  • Bonafide Research
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Blended Spices Have Shown Remarkable Growth In India, and the Market Is Forecasted to Grow With a CAGR of More Than 9% in Near Future

FEATURED COMPANIES

  • Jhaveri Industries
  • MTR Foods Pvt Ltd
  • Patanjali Ayurved Limited
  • SNarendrakumar & Co
  • TATA Chemicals Limited
  • MORE

The report titled "India Blended Spices Outlook, 2023" provides a deep analysis of the India Blended Spices market, with size in terms of both the value and volume of the spices market, and also provides the market share of different segments. The report is formed by segregating data from various sources and various time frames. It consists of various historical data and is based on the current situation of the market and key factors providing a forecast based on the best suitable method. This could defiantly be helpful in identifying the market segments which are driving growth. The report consists of profiles of leading companies and provides market share of their brands which would be helpful in examining market competition as well.

Blended Spices have shown remarkable growth in India in the past couple of years. The market is forecasted to grow with a CAGR of more than 9% in the near future. An increasing population of working women and consumers awareness towards adulteration has created a huge demand for blended spices. With higher purchasing power due to the high economic development of India, there has been a change in the preference of Indian consumers. The consumers are observed to be shifting from standard, local and regional brands towards national brands. The consumption of foreign brands is also observed to be increasing in Indian Blended Spices market. While the growth of blended spices and spices mix has opened a new segment for many of the players as it is currently consisting of regional players.

Objective of the study:
- To analyse and forecast the India Packaged and Blended market size, in terms of value and volume.
- To analyse and forecast the India market size, in terms of volume.
- To define, classify and forecast Packaged and Blended Spices market on the basis of types like Chilli and Garam masala etc.
- To strategically profile leading players, which are operating in the Spices industry of India

Approach for the Report:
The researchers performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Blended Spices market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis, and exhaustive personal interviews - both face to face as well by telephone, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.

Secondary data is sought from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites, and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of the Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of Blended Spices were recorded and subsequently forecasted for the future years.

Scope of the Report:
“India Blended Spices Market outlook, 2023” discusses the following aspects of spices market in India:
- Indian Spices Market Outlook by Value by Volume & Forecast
- India blended spices market outlook By Value by Volume & Forecast
- 15 types of Blended Spices market Size by value, by volume, and forecast
- India Blended Spices market Company share by Value.

Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations and organizations related to the blended spice industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Jhaveri Industries
  • MTR Foods Pvt Ltd
  • Patanjali Ayurved Limited
  • SNarendrakumar & Co
  • TATA Chemicals Limited
  • MORE

1. Executive Summary

2. India Spices Market Outlook
2.1. Market Size
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share
2.2.1. By Region
2.2.2. By Type (Branded /Unbranded
2.2.3. By Distribution Channels

3. India Blended Spices Market Outlook
3.1. Market Size
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share
3.2.1. By Company
3.2.2. By Types
3.2.3. By Distribution Channel
3.3. Kitchen King and Sabzi Masala Market
3.3.1. Market Size
3.3.1.1. By Value
3.3.1.2. By Volume
3.4. Garam Masala Market
3.4.1. Market Size
3.4.1.1. By Value
3.4.1.2. By Volume
3.5. Non-Veg Masala Market
3.5.1. Market Size
3.5.1.1. By Value
3.5.1.2. By Volume
3.6. Chole and Channa Masala Market
3.6.1. Market Size
3.6.1.1. By Value
3.6.1.2. By Volume
3.7. Sambhar and Rasham Masala Market
3.7.1. Market Size
3.7.1.1. By Value
3.7.1.2. By Volume
3.8. Pavbhaji Masala Market
3.8.1. Market Size
3.8.1.1. By Value
3.8.1.2. By Volume
3.9. Chaat/ jeeravan/Buttermilk/Dahiwada & Raitha Masala Market
3.9.1. Market Size
3.9.1.1. By value
3.9.1.2. By Volume
3.10. Asafoetida (Hing) Market
3.10.1. Market Size
3.10.1.1. By Value
3.10.1.2. By Volume
3.11. Tea Masala Market
3.11.1. Market Size
3.11.1.1. By Value
3.11.1.2. By Volume
3.12. Authentic Masala Market
3.12.1. Market Size
3.12.1.1. By Value
3.12.1.2. by Volume
3.13. Paneer and curry Masala Market
3.13.1. Market Size
3.13.1.1. By Value
3.13.1.2. By Volume
3.14. Biryani/Pulao Masala Market
3.14.1. Market Size
3.14.1.1. By Value
3.14.1.2. By Volume
3.15. Veg Sabzi/ Dal Masala Market
3.15.1. Market Size
3.15.1.1. By Value
3.15.1.2. By Volume
3.16. Panipuri/Jaljeera Masala Market
3.16.1. Market Size
3.16.1.1. By Value
3.16.1.2. By Volume
3.17.  Others Blended Spices Mix Market
3.17.1. Market Size
3.17.1.1. By Value
3.17.1.2. By Volume

4. Product Price Variant Analysis

5. Indian Economic Profile

6. Trade Dynamics
6.1. Export
6.2. Import

7. Market Dynamics
7.1. Key Driver
7.2. Key Challenges

8. PEST Analysis

9. Market trends and Development
9.1. Increase Demand of Organic spices in Domestic and international Market
9.2. Government Initiative towards national policy on Spices (Spices Parks, E-auction, Policy)
9.3. Swelling demand of Packaged and Blended Spices
9.4. Alternative Processing Technologies - Cryogenic Grinding
9.5. Adoption of Spices in Dairy, Nutraceuticals, and Defense sector  

10. Competitive Landscape
10.1. Porter Five Forces
10.2. Company Profile
10.2.1. Everest Spices
10.2.2. Badshah Masala
10.2.3. MDH
10.2.4. Catch Spices
10.2.5. TATA Sampann
10.2.6. Ramdev
10.2.7. MTR Foods
10.2.8. PUSHP MASALA
10.2.9. Suhana Masala
10.2.10. Aachi Masala
10.2.11. Vasant Masala
10.2.12. Patanjali Ayurved

11. Strategic recommendation

12. Disclaimer

List of Figures
Figure-1: India Spices Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-2 : India Spices Market Size By Volume 2012-13 to 2022-23 (million Tonnes)
Figure-3: India Spices Market Share - By Region  2016-17 & 2022-23F
Figure-4: India Spices Market Share - By Type  2016-17 & 2022-23F
Figure-5: India Spices Market Share - By Type  2016-17 & 2022-23F
Figure-6: India Blended Spices Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-7: India Blended Spices Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-8: India Packaged and Blended Spices Market Share - By Type  2016-17 & 2022-23F
Figure-9: India Blended Spices Market Share - By Type  2016-17 & 2022-23F
Figure-10: India Blended Spices Market Share - By Type  2016-17 & 2022-23F
Figure-11: India Kitchen King and Sabzi Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-12: India Kitchen King and Sabzi Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-13: India Garam Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-14: India Garam Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-15: India Non-veg Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-16: India Non-veg Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-17: India Chole and Channa Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-18: India Chole and Channa Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-19: India Sambhar and Rasham Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-20: India Sambhar and Rasham Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-21: India Pavbhaji Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-22: India Pavbhaji Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-23: India Chat/ Jeeravan/ Buttermilk /Dahiwada & raitha Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-24: India Chat/ Jeeravan/ Buttermilk /Dahiwada & raitha Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-25: India Asafoetida (Hing) Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-26: India Asafoetida (Hing) Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-27: India Tea Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-28: India Tea Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-29: India Authentic Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-30: India Authentic Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-31: India Paneer/ Curry Masala market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-32: India Paneer/ Curry Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-33: India Biryani Pulao Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-34: India Biryani Pulao Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-35: India Veg Sabzi/ Daal Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-36: India Sabzi/ Daal Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-37: India Panipuri/jaljeera Masala Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-38: India Panipuri/jaljeera Masala Market Size By Volume 2012-13 to 2022-23 (Tonnes)
Figure-39: India Others Blended Spices Market Size By Value 2012-13 to 2022-23 (INR Crore)
Figure-40: India Others Blended Spices Market Size By Volume 2012-13 to 2022-23 (Tonnes)

List of Tables
Table-1: Product Price Variant Analysis of Blended Spices
Table-2: Product Price Variant of Pure Spices
Table-3: India Economic Profile – 2015
Table-4: India Pure Spices Import Details 2012-13 to 2016-17
Table-5: Import of Blended Spice 2012-13 to 2017-18
Table-6: India Pure Spices export Details 2012-13 to 2016-17
Table-7: Export Details of Blend Spices 2012-13 to 2017-18
Table-8: Location of Spice Park
Table-9: Key Facts of S Narendrakumar & Co.
Table-10: Key Facts of Jhaveri Industries
Table-11: Key Facts of Mahashian Di Hatti Private Limited
Table-12: Key Facts of MTR Foods Pvt. Ltd.
Table-13: Key Facts of DS SPICSCO Private Limited
Table-14: Key Facts of Munimji Foods and spices Private Limited
Table-15: Key Facts of TATA Chemicals Limited
Table-16: Key Facts of Ramdev Foods Products private Limited
Table-17: Key Facts of Pravin Foods Private Limited
Table-18: Key Facts of Aachi Spices & Foods Private Limited
Table-19: Key Facts of Vasant Masala Private Limited
Table-20: Key Facts of Patanjali Ayurved Limited

Note: Product cover images may vary from those shown
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  • Aachi Spices & Foods Private Limited
  • DS SPICSCO Private Limited
  • Jhaveri Industries
  • Mahashian Di Hatti Private Limited
  • MTR Foods Pvt Ltd
  • Munimji Foods and spices Private Limited
  • Patanjali Ayurved Limited
  • Pravin Foods Private Limited
  • Ramdev Foods Products private Limited
  • SNarendrakumar & Co
  • TATA Chemicals Limited
  • Vasant Masala Private Limited
Note: Product cover images may vary from those shown
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