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The India Spices Market research report is an infographic report covering supply, demand and trade statistics for Ginger, Turmeric, Coriander, Cumin, Pepper and Others, both in volume and value. This report looks at the industry state between 2016-2021 and the forecast till 2027. The report also covers companies, brands, products, trade pricing, patents, university-level research, new product developments, future growth opportunities and M&A analysis.
Detailed Scope of the Report
1. The Production, Import Export/Trade statistics for Ginger, Turmeric, Coriander, Cumin, Pepper and Others between 2016-2021.
2. Historical demand for Ginger, Turmeric, Coriander, Cumin, Pepper and Others from 2016-2021 and forecast to 2027.
3. Comprehensive list of companies and revenue for 10+ top companies.
4. Major brands, product benchmarking, and new product launches.
5. Assessment of relevant Mergers and Acquisitions.
6. Investment, projects, and R&D initiatives done between 2016 and 2021.
7. Patenting scenario covering patents filed, published, and granted between 2016-2021.
8. Research framework based on the assessment of 7 Pillars - Supply, Demand, Trade, Companies, Products, Patents, and Macro-environment factors.
Company Snapshot: The top companies are Eastmade Spices & Herbs Pvt. Ltd., Adidev Group Of Industries., PDS Organic Spices, Home Of Spices & Whole Foods Pvt. Ltd. and Suminter India Organics Pvt Ltd. Some of the brands mentioned in the report are Eastmade, Trubio and Home Of Spices.
Key Takeaways & Recent Developments
A. The production volume of Spices in 2021 stood at 10876 Th Metric Tons.
B. Import volume increased from 189 Th Metric Tons in 2016 to 196 Th Metric Tons in 2021.
C. The demand was 9693 Th Metric Tons in 2021.
D. Vietnam Exported more than 27% of Spices to India in 2021.
E. On 28 July 2020, ITC Ltd Acquired spices manufacturer Sunrise Foods Private Ltd (SFPL).
F. India Exported majority of its Spices to China, Bangladesh, the US, United Arab Emirates and Sri Lanka.
FAQs (Frequently Asked Questions):
a) What was India’s Spices market size in 2021?
Ans: The demand was 9693 Th Metric Tons in 2021.
b) Where does India Import Spices from?
Ans: The majority of imports come from Vietnam, Indonesia, Sri Lanka, Nepal and Nigeria.
c) What are the top companies in Spices market?
Ans: Eastmade Spices & Herbs Pvt. Ltd., Adidev Group Of Industries., PDS Organic Spices, Home Of Spices & Whole Foods Pvt. Ltd. and Suminter India Organics Pvt Ltd are the top companies in the Spices market.
d) Which are the major local universities/ research institutes involved in R&D?
Ans: Siksha O Anusandhan University, Jawaharlal Nehru University and VIT University are actively involved in R&D.