Spices And Herbs Extracts Market

• In August 2022, spelt wheat's popularity surged in the organic and gluten-free sectors, driven by demand for ancient grains. The market experienced strong growth as manufacturers developed new spelt-based flour and pasta products.

• In April 2021, the global spelt wheat market saw growth as consumers increasingly sought alternative wheat products. Spelt wheat’s higher nutritional value compared to regular wheat made it a preferred choice for health-conscious buyers.

The Global Spices and Herbs Extracts Market is segmented by type and application, with each segment catering to specific consumer needs and industry demands.By type, the market is divided into a variety of spices and herbs, including Celery, Cumin, Chili, Coriander, Cardamom, Oregano, Pepper, Basil, Thyme, and Others. Cumin, Chili, and Cardamom are among the most widely used spices in the market, particularly in food products that require distinct flavors and aromatic profiles. These spices are essential in culinary traditions around the world, particularly in Indian, Middle Eastern, and Latin American cuisines. Oregano and Basil are key herbs frequently used in Mediterranean and Italian dishes, adding flavor and nutritional benefits. Pepper remains one of the most consumed and versatile spices globally, used in both food and beverage products for seasoning and enhancing flavor. The Others category includes less common spices like Turmeric, Saffron, and Ginger, which have gained popularity due to their health benefits, particularly for their anti-inflammatory and antioxidant properties. This diversity in spice and herb types caters to both traditional culinary preferences and evolving consumer demand for functional foods and beverages.

By application, the market is driven by several key sectors, including Food Applications, Beverage Applications, and Pharmaceuticals. Within the food sector, spices and herbs are used in a wide array of products such as dairy, meat and poultry, dressings, soups and sauces, and snacks and convenience foods. These ingredients enhance flavor, improve food preservation, and contribute to the sensory experience of consuming food. In beverages, spices and herbs are increasingly used in tea and herbal drinks, alcoholic beverages, and soft drinks. In particular, herbal teas and flavored drinks are gaining popularity among health-conscious consumers due to their natural ingredients and functional benefits. The pharmaceutical application of spices and herbs is growing as well, driven by an increasing consumer interest in natural remedies and functional foods. Extracts from spices such as Pepper, Ginger, and Cardamom are known for their medicinal properties and are used in dietary supplements and wellness products. The demand for spices and herbs in food applications remains the largest, driven by consumer preferences for more natural, flavorful, and health-boosting ingredients in their daily diets.

The Global Spices and Herbs Extracts Market is expanding due to the growing demand for both culinary and functional products. As consumers increasingly prioritize health-conscious and natural ingredients, the market is likely to see continued growth across food, beverage, and pharmaceutical applications, with spices and herbs playing a central role in enhancing flavor, nutrition, and wellness.

Global Spices and Herbs Extracts Segment Analysis

In this report, the Global Spices and Herbs Extracts Market has been segmented by Type, Application and Geography.

Global Spices and Herbs Extracts Market, Segmentation by Application

The Global Spices and Herbs Extracts Market has been segmented by Application into Food Application, Dairy, Meat & Poultry, Dressings, Soups & Sauces, Snacks & Convenience Food, Other Food Applications, Beverage Applications, Tea & Herbal Drinks, Alcoholic Beverages, Soft Drinks, and Pharmaceuticals Source.

In Food Applications, spices and herbs extracts are widely utilized across multiple food categories. The Dairy segment uses extracts like oregano, basil, and thyme to enhance the flavor of products such as cheeses, yogurts, and spreads. Meat & Poultry applications benefit from spices like pepper, cumin, and chili, which provide unique flavors, extend shelf life, and offer preservation benefits. Dressings, including salad dressings and sauces, also heavily rely on spices such as coriander, oregano, and pepper to create rich, aromatic blends that appeal to consumers' tastes. Soups & Sauces further capitalize on these spices to deepen flavors and create more complex, savory profiles. Snacks & Convenience Foods see a growing trend of incorporating spices such as chili and cumin to provide bold, flavorful experiences, especially in processed snack foods like chips, seasonings, and ready-to-eat meals. The Other Food Applications segment includes baked goods, spreads, and even frozen meals, where herbs and spices like cardamom, basil, and thyme are used to elevate flavor profiles or impart a signature taste to branded products.

In Beverage Applications, the use of spices and herbs is growing rapidly, particularly in Tea & Herbal Drinks. Herbal teas with ingredients like ginger, peppermint, and chamomile continue to rise in popularity due to their perceived health benefits, including digestion support and relaxation. Alcoholic Beverages also use spices such as cinnamon, cardamom, and pepper in craft beers, cocktails, and spirits, adding distinctive flavor notes that appeal to premium and craft markets. Soft Drinks are increasingly incorporating spices such as ginger and chili to create unique, refreshing beverages that attract consumers looking for novel flavors with potential functional benefits, like improved digestion or immune support.

Finally, in the Pharmaceuticals sector, the growing trend of natural wellness products has led to the use of spices like turmeric, ginger, and cardamom in supplements, capsules, and functional foods. These extracts are valued for their anti-inflammatory, antioxidant, and digestive health benefits, making them popular in dietary supplements and herbal medicines.

Global Spices and Herbs Extracts Market, Segmentation by Geography

In this report, the Global Spices and Herbs Extracts Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Spices and Herbs Extracts Market Share (%), by Geographical Region, 2024

In 2023, the global spices and herbs extracts market saw significant regional variations in market share. Asia-Pacific dominated the market, accounting for approximately 35% of the total share. This region's dominance can be attributed to the rich culinary traditions that heavily incorporate spices and herbs, as well as the growing demand for natural and organic flavoring agents. Major contributors within Asia-Pacific include India, China, and Indonesia, where the production and export of spices are integral to their economies.

North America held the second-largest market share at around 25%. The demand in this region is driven by the increasing popularity of ethnic cuisines, the rising trend of healthy eating, and the burgeoning natural products industry. The United States, in particular, has seen a surge in the use of spices and herbs extracts, not just in food processing but also in dietary supplements and cosmetics, bolstering the market growth in this region.

Europe closely followed North America with a market share of 22%. European countries such as Germany, France, and Italy have a long-standing tradition of using spices and herbs in their culinary practices. Additionally, the region's stringent regulations regarding food additives have led to a preference for natural extracts over synthetic alternatives. The rising consumer awareness about the benefits of natural ingredients and the increasing demand for organic food products have further fueled the market expansion in Europe.

This report provides an in depth analysis of various factors that impact the dynamics of Global Spices and Herbs Extracts Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Key players in Global Spices and Herbs Extracts Market include :

• Synthite Industries Ltd.
• Kalsec Inc.
• McCormick & Company, Inc.
• Dohler GmbH
• Kerry Group plc
• Sensient Technologies Corporation
• Symrise AG
• Olam International
• International Flavors & Fragrances Inc. (IFF)

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis