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Global Spice & Herbs Extracts Market by Type (Essential Oils, Liquid Blends, Spice Seasonings & Blends), Product (Basil, Cardamom, Celery), Application - Forecast 2023-2030

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    Report

  • 181 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4968592
UP TO OFF until Dec 31st 2024
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The Spice & Herbs Extracts Market size was estimated at USD 945.04 million in 2022, USD 1,003.35 million in 2023, and is expected to grow at a CAGR of 6.65% to reach USD 1,582.48 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Spice & Herbs Extracts Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Spice & Herbs Extracts Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Spice & Herbs Extracts Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., All-Season Herbs Pvt. Ltd., Archer-Daniels-Midland Company, Arjuna Natural Ltd., BM Ingredients Europe GmbH, Botanic Healthcare Group, British Pepper & Spice, Cosmark Pty Ltd., Döhler GmbH, Firmenich International SA, Givaudan SA, Huisong Pharmaceuticals, International Taste Solutions Ltd., Kalsec Inc., Kerry Group PLC, Lionel Hitchen Ltd., McCormick & Company, Incorporated, Naturalin Agricultural Development Co., Ltd., Olam Group Limited, Organic Herb Inc., Oterra A/S, Robertet SA, Sabinsa Corporation, Select Botanical, S.L., Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, Universal Oleoresins, V & D Flavours & Fragrances, and Vidya Herbs Pvt. Ltd.

Market Segmentation & Coverage

This research report categorizes the Spice & Herbs Extracts Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Essential Oils
    • Liquid Blends
    • Spice Seasonings & Blends
  • Product
    • Basil
    • Cardamom
    • Celery
    • Chili
    • Coriander
    • Cumin
    • Ginger
    • Oregano
    • Pepper
    • Thyme
  • Application
    • Beverage
      • Alcoholic Beverages
      • Soft Drinks
      • Tea & Herbal Drinks
    • Food
      • Dairy
      • Dressings & Marinades
      • Meat & Poultry
      • Snacks
    • Medicines
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Spice & Herbs Extracts Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Spice & Herbs Extracts Market?
  3. What are the technology trends and regulatory frameworks in the Spice & Herbs Extracts Market?
  4. What is the market share of the leading vendors in the Spice & Herbs Extracts Market?
  5. Which modes and strategic moves are suitable for entering the Spice & Herbs Extracts Market?

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Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Spice & Herbs Extracts Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Demand for Spices and Herbs from the Commercial and Household Sectors
5.1.1.2. Increasing Demand for Instant Spice Mixes as Convenient Choice in the Food Industry
5.1.2. Restraints
5.1.2.1. Price Pressures due to Scarcity and Limited Supply of Spices and Herb Extracts
5.1.3. Opportunities
5.1.3.1. Emerging Potential of Organic Herbal Extracts
5.1.3.2. Growing Applications of Spices and Herbs in Research Activities for Medicines
5.1.4. Challenges
5.1.4.1. Issues Associated with Adulteration and Contamination of Spice Derivatives
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Spice & Herbs Extracts Market, by Type
6.1. Introduction
6.2. Essential Oils
6.3. Liquid Blends
6.4. Spice Seasonings & Blends
7. Spice & Herbs Extracts Market, by Product
7.1. Introduction
7.2. Basil
7.3. Cardamom
7.4. Celery
7.5. Chili
7.6. Coriander
7.7. Cumin
7.8. Ginger
7.9. Oregano
7.10. Pepper
7.11. Thyme
8. Spice & Herbs Extracts Market, by Application
8.1. Introduction
8.2. Beverage
8.3.1. Alcoholic Beverages
8.3.2. Soft Drinks
8.3.3. Tea & Herbal Drinks
8.3. Food
8.4.1. Dairy
8.4.2. Dressings & Marinades
8.4.3. Meat & Poultry
8.4.4. Snacks
8.4. Medicines
9. Americas Spice & Herbs Extracts Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Spice & Herbs Extracts Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Spice & Herbs Extracts Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Ajinomoto Co., Inc.
13.1.2. All-Season Herbs Pvt. Ltd.
13.1.3. Archer-Daniels-Midland Company
13.1.4. Arjuna Natural Ltd.
13.1.5. BM Ingredients Europe GmbH
13.1.6. Botanic Healthcare Group
13.1.7. British Pepper & Spice
13.1.8. Cosmark Pty Ltd.
13.1.9. Döhler GmbH
13.1.10. Firmenich International SA
13.1.11. Givaudan SA
13.1.12. Huisong Pharmaceuticals
13.1.13. International Taste Solutions Ltd.
13.1.14. Kalsec Inc.
13.1.15. Kerry Group PLC
13.1.16. Lionel Hitchen Ltd.
13.1.17. McCormick & Company, Incorporated
13.1.18. Naturalin Agricultural Development Co., Ltd.
13.1.19. Olam Group Limited
13.1.20. Organic Herb Inc.
13.1.21. Oterra A/S
13.1.22. Robertet SA
13.1.23. Sabinsa Corporation
13.1.24. Select Botanical, S.L.
13.1.25. Sensient Technologies Corporation
13.1.26. Symrise AG
13.1.27. Takasago International Corporation
13.1.28. Universal Oleoresins
13.1.29. V & D Flavours & Fragrances
13.1.30. Vidya Herbs Pvt. Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. SPICE & HERBS EXTRACTS MARKET RESEARCH PROCESS
FIGURE 2. SPICE & HERBS EXTRACTS MARKET SIZE, 2022 VS 2030
FIGURE 3. SPICE & HERBS EXTRACTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SPICE & HERBS EXTRACTS MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. SPICE & HERBS EXTRACTS MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. SPICE & HERBS EXTRACTS MARKET DYNAMICS
FIGURE 7. SPICE & HERBS EXTRACTS MARKET SIZE, BY TYPE, 2022 VS 2030 (%)
FIGURE 8. SPICE & HERBS EXTRACTS MARKET SIZE, BY TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. SPICE & HERBS EXTRACTS MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 10. SPICE & HERBS EXTRACTS MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. SPICE & HERBS EXTRACTS MARKET SIZE, BY APPLICATION, 2022 VS 2030 (%)
FIGURE 12. SPICE & HERBS EXTRACTS MARKET SIZE, BY APPLICATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 14. AMERICAS SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES SPICE & HERBS EXTRACTS MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES SPICE & HERBS EXTRACTS MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA SPICE & HERBS EXTRACTS MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. SPICE & HERBS EXTRACTS MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 22. SPICE & HERBS EXTRACTS MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Ajinomoto Co., Inc.
  • All-Season Herbs Pvt. Ltd.
  • Archer-Daniels-Midland Company
  • Arjuna Natural Ltd.
  • BM Ingredients Europe GmbH
  • Botanic Healthcare Group
  • British Pepper & Spice
  • Cosmark Pty Ltd.
  • Döhler GmbH
  • Firmenich International SA
  • Givaudan SA
  • Huisong Pharmaceuticals
  • International Taste Solutions Ltd.
  • Kalsec Inc.
  • Kerry Group PLC
  • Lionel Hitchen Ltd.
  • McCormick & Company, Incorporated
  • Naturalin Agricultural Development Co., Ltd.
  • Olam Group Limited
  • Organic Herb Inc.
  • Oterra A/S
  • Robertet SA
  • Sabinsa Corporation
  • Select Botanical, S.L.
  • Sensient Technologies Corporation
  • Symrise AG
  • Takasago International Corporation
  • Universal Oleoresins
  • V & D Flavours & Fragrances
  • Vidya Herbs Pvt. Ltd.

Methodology

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Table Information