Indian Spices Market Overview: 2024-2030

Base Year: 2023

Historical Years: 2019-22

Forecast Years: 2024-2030

The Indian Spices Market is estimated to grow at a CAGR of around 4.56% during the forecast period, i.e., 2024-30. The Indian Spices Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.

Markntel Advisor’s Indian Spices Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Indian Spices Market drivers, barriers, Indian Spices Market Trends, and Key Players in Indian Spices Market.

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Indian Spices Market Dynamics: 2024-2030

Indian Spices Market Driver:

Expansion of Indian Hotels & Restaurant Groups Across the Globe Accentuates the Market Growth – In recent years, there has been a rise in the number of Indians residing in other countries, either due to study reasons or business-related purposes. These consumers need restaurants that specialize in making Indian cuisine. As a result, several hotels that primarily provide Indian dishes are being launched in other countries. The expansion of Indian restaurant chains across the region such as the US, London, Dubai, Singapore, etc., has strongly contributed to the growth of the Indian Spices Market since food items prepared by these restaurants follow traditional Indian recipes that use a wide range of spices. Moreover, several international restaurants have started incorporating conventional Indian dishes in their menu to gain the attention of the Indian inhabitants. As a result, the demand for traditional Indian spices to get an accurate taste & flavor is rising, driving market growth. Further, several nations are easing their regulatory policies and providing ease of doing business. Therefore, Indian hotels & restaurant owners would continue to expand into other countries. This, in turn, is further expected to boost the demand for Indian spices worldwide.

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Indian Spices Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Product Type

-Pure Spices- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Turmeric- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Cumin- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Cardamom- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Coriander- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Ginger- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Garlic- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Pepper- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Red Chilli- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Mustard Seeds- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Fenugreek- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Tamarind- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Others (Fennel, Clove, etc.)- Market Size & Forecast 2019-2030F, (USD Million)

-Blended Spices- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Garam Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Non-Veg Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Kitchen King and Sabzi Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Chole and Channa Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Sambhar and Rasham Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Paneer and Curry Masala- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Others (Pav Bhaji Masala, Chat Masala, etc.) - Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

By Form

-Whole- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Powder- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Paste- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Others (Crushed, Chopped, etc.)- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

By Nature

-Organic- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Conventional- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

By Application

-Curries- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Snacks and Convenience Food- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Sauces and Dressings- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Frozen Food- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Others (Soups, Beverages, etc.)- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

By End User

-Food Service Outlets- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Industrial Applications- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Household- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

By Distribution Channel

-Offline- Market Size & Forecast 2019-2030F, (USD Million)

-Direct Sales- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Convenience Stores- Market Size & Forecast 2019-2030F, (USD Million, Thousand Tons)

-Online- Market Size & Forecast 2019-2030F, (USD Million)

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Indian Spices Market:

ITC Limited, Tata Consumer Products Limited, Everest Spices, Orkla ASA (MTR Foods), House of Spices (India) Inc., McCormick & Company, Inc., Mane Kancor Spices Pvt Ltd, Nedspice Group, Olam International Limited, MDH Spices, Catch Foods, Adani Spices, Patanjali Ayurved Limited, Zoff Foods Pvt. Ltd., Ajy Overseas, and Others.

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