Global Organic Spices Market Forecast-2019-2026Posted by Sonika on August 29th, 2019 Bharat Book Bureau Provides the Trending Market Research Report on “Organic Spices Market by Product Type, Form: Global Opportunity Analysis and Industry Forecast, 2019-2026”under Food Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Organic Spices Market by Product Type (Ginger, Turmeric, Clove, Pepper, Cinnamon, Nutmeg, Mustard Seeds, and Others), Form (Powder, Granular, Extract, and Raw), and Distribution Channel (Direct and Indirect): Global Opportunity Analysis and Industry Forecast, 2019 - 2026 The global organic spices market was valued at 2.8 million in 2018 and is projected to reach 6.6 million by 2026, growing at a CAGR of 5.1% from 2019 to 2026. Chinese and Thai cuisines have been gaining popularity in some of the major countries around the globe. These cuisines are being prepared using spices, which act as coloring or flavoring agent. On the other hand, the demand for organic food products or ingredients has been increasing significantly around the globe. Therefore, these factors are expected to fuel the growth of the organic spices market. Request a free sample copy of Organic Spices Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1712705 Furthermore, over the past of couple of years, there has been rise in awareness regarding the benefits of clean label food products among the consumers. Therefore, the consumers seek visibility on food products that they consume. This in turn provides lucrative opportunity for the market in the food & beverages industry. However, higher price margins and stringent trade regulations adopted by importing countries are expected to hamper the growth of the organic spice market. Organic spice prices are usually higher by 60% compared to its conventional spices, which makes it costlier for both household and commercial sectors. Some of the key non-profit organizations have been taking necessary steps to boost the production of organic spices. For instances, in 2015, the Indian Spices Board started promoting the cultivation and export of organic spices from India with special emphasis on organic production of spices in North Eastern states. The Spices Board provides 50% subsidy for various programs such as support for vermicompost units, establishment of bio-agent production units, organic seed banks (production of organic planting materials/nurseries), organic value addition/processing unit, and organic farm certification assistance. The global organic spices market is segmented based on product type, form, distribution channel, and region. Based on product type, the global organic spices market is segmented into ginger, turmeric, clove, pepper, cinnamon, nutmeg, mustard seeds, and others. Among these product types, turmeric accounts to higher value share due to its large-scale application in various cuisines KEY BENEFITS FOR STAKEHOLDERS KEY MARKET SEGMENTS Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/organic-spices-market-by-product-type-form-global-opportunity-analysis-and-industry-forecast-2019-2026/1712705 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Follow us on : Twitter, Facebook, LinkedIn Like it? Share it!More by this author |