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Outlook on the Spice & Herb Extracts Global Market to 2026 - Increasing Demand for Convenience Food is Driving Growth

·5-min read
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Global Spice & Herb Extracts Market

Global Spice & Herb Extracts Market
Global Spice & Herb Extracts Market

Dublin, April 21, 2022 (GLOBE NEWSWIRE) -- The "Global Spice & Herb Extracts Market (2021-2026) by Product, Application, Type and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to's offering.

The Global Spice & Herb Extracts Market is estimated to be USD 311. 75 Mn in 2021 and is expected to reach USD 439.29 Mn by 2026, growing at a CAGR of 7.1%.

Market Dynamics

Herbal extracts are extracted from herbal seeds, stems and flowers. Spice extracts are sweet and pungent additives from stems, nuts, berries, barks, and vegetables. Extracts of spices and herbs are used in foods & beverages, medicines, as well as to convey flavors, colors and preserve food products.

Factors like increasing demand for convenience food and the growing popularity of international cuisine in various countries are drivers for the market. In contrast, inefficient methods for proper storage acts as a restraint to the market.

Rising awareness of the medicinal properties of herbs & spice extracts provides a great opportunity for the growth of the market through lack of infrastructure for production and shipment poses a challenge to it.

Company Profiles

Some of the companies covered in this report All-Season Herbs, Ajinomoto Co. Inc., Paprika Oleo's India Ltd., Kalsec Inc., Dohler GmbH, Givaudan, Kerry Group plc., etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Spice & Herb Extracts Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand for Convenience Food
4.1.2 The Growing Popularity of International Cuisine in Various Countries
4.2 Restraints
4.2.1 Inefficient Methods for Proper Storage
4.3 Opportunities
4.3.1 The Rising Awareness of Medicinal Properties of Herbs & Spice Extracts
4.4 Challenges
4.4.1 Lack of Infrastructure for Production and Shipment

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Spice & Herb Extracts Market, By Product
6.1 Introduction
6.2 Basil
6.3 Cardamom
6.4 Celery
6.5 Chilli
6.6 Coriander
6.7 Cumin
6.8 Ginger
6.9 Oregano
6.10 Pepper
6.11 Thyme
6.12 Cinnamon
6.13 Other

7 Global Spice & Herb Extracts Market, By Application
7.1 Introduction
7.2 Food Application
7.2.1 Dairy
7.2.2 Meat and Poultry
7.2.3 Dressings, Marinades, Soups and Sauces
7.2.4 Snacks and Convenience Food
7.2.5 Other Food Applications
7.3 Beverage Applications
7.3.1 Tea and Herbal Drinks
7.3.2 Alcoholic Beverages
7.3.3 Soft Drinks
7.4 Medicines

8 Global Spice & Herb Extracts Market, By Type
8.1 Introduction
8.2 Essential Oils
8.3 Liquid Blends
8.4 Spice Seasoning & Blends

9 Global Spice & Herb Extracts Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates

10 Competitive Landscape
10.1 IGR Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles
11.1 All-Season Herbs
11.2 Ajinomoto Co. Inc.
11.3 Paprika Oleo's India Ltd.
11.4 Kalsec Inc.
11.5 Dohler GmbH
11.6 Givaudan
11.7 Kerry Group Plc
11.8 International Flavors & Fragrances Inc
11.9 Sensient Technologies Corporation
11.10 Naturex
11.11 SHS Group
11.12 Olam International
11.13 Vdflavours
11.14 Firmenich SA
11.15 Takasago International Corporation
11.16 Symrise
11.17 McCormick & Company

12 Appendix

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