A spice is a seed, fruit, root, bark, or other plant substance primarily used for flavoring, coloring or preserving food. Spices are distinguished from herbs, which are the leaves, flowers, or stems of plants used for flavoring or as a garnish. Many spices have antimicrobial properties. This may explain why spices are more commonly used in warmer climates, which have more infectious diseases, and why the use of spices is prominent in meat, which is particularly susceptible to spoiling.
This report elaborates the market size, market characteristics, and market growth of the Spices industry, and breaks down according to the type, application, and consumption area of Spices. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Spices in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Spices market covered in Chapter 13:
Natural Remedies
BGG
Sabinsa
Organic Herb Inc
Active Ingredients Group
Euromed
Rainbow
Aovca
Tsumura&Co
Martin Bauer
Bioprex Labs
IndenaSPA
Provital Group
Naturex
Schwabe
In Chapter 6, on the basis of types, the Spices market from 2015 to 2025 is primarily split into:
Capsicum and pimento
Ginger
Anise and fennel
In Chapter 7, on the basis of applications, the Spices market from 2015 to 2025 covers:
Food Processing Industry
Catering Industry
Household
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Spices Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Spices Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Spices Market Forces
3.1 Global Spices Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Spices Market - By Geography
4.1 Global Spices Market Value and Market Share by Regions
4.1.1 Global Spices Value ($) by Region (2015-2020)
4.1.2 Global Spices Value Market Share by Regions (2015-2020)
4.2 Global Spices Market Production and Market Share by Major Countries
4.2.1 Global Spices Production by Major Countries (2015-2020)
4.2.2 Global Spices Production Market Share by Major Countries (2015-2020)
4.3 Global Spices Market Consumption and Market Share by Regions
4.3.1 Global Spices Consumption by Regions (2015-2020)
4.3.2 Global Spices Consumption Market Share by Regions (2015-2020)
5 Spices Market - By Trade Statistics
5.1 Global Spices Export and Import
5.2 United States Spices Export and Import (2015-2020)
5.3 Europe Spices Export and Import (2015-2020)
5.4 China Spices Export and Import (2015-2020)
5.5 Japan Spices Export and Import (2015-2020)
5.6 India Spices Export and Import (2015-2020)
5.7
6 Spices Market - By Type
6.1 Global Spices Production and Market Share by Types (2015-2020)
6.1.1 Global Spices Production by Types (2015-2020)
6.1.2 Global Spices Production Market Share by Types (2015-2020)
6.2 Global Spices Value and Market Share by Types (2015-2020)
6.2.1 Global Spices Value by Types (2015-2020)
6.2.2 Global Spices Value Market Share by Types (2015-2020)
6.3 Global Spices Production, Price and Growth Rate of Capsicum and pimento (2015-2020)
6.4 Global Spices Production, Price and Growth Rate of Ginger (2015-2020)
6.5 Global Spices Production, Price and Growth Rate of Anise and fennel (2015-2020)
7 Spices Market - By Application
7.1 Global Spices Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Spices Consumption by Applications (2015-2020)
7.1.2 Global Spices Consumption Market Share by Applications (2015-2020)
7.2 Global Spices Consumption and Growth Rate of Food Processing Industry (2015-2020)
7.3 Global Spices Consumption and Growth Rate of Catering Industry (2015-2020)
7.4 Global Spices Consumption and Growth Rate of Household (2015-2020)
8 North America Spices Market
8.1 North America Spices Market Size
8.2 United States Spices Market Size
8.3 Canada Spices Market Size
8.4 Mexico Spices Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Spices Market Analysis
9.1 Europe Spices Market Size
9.2 Germany Spices Market Size
9.3 United Kingdom Spices Market Size
9.4 France Spices Market Size
9.5 Italy Spices Market Size
9.6 Spain Spices Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Spices Market Analysis
10.1 Asia-Pacific Spices Market Size
10.2 China Spices Market Size
10.3 Japan Spices Market Size
10.4 South Korea Spices Market Size
10.5 Southeast Asia Spices Market Size
10.6 India Spices Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Spices Market Analysis
11.1 Middle East and Africa Spices Market Size
11.2 Saudi Arabia Spices Market Size
11.3 UAE Spices Market Size
11.4 South Africa Spices Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Spices Market Analysis
12.1 South America Spices Market Size
12.2 Brazil Spices Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Natural Remedies
13.1.1 Natural Remedies Basic Information
13.1.2 Natural Remedies Product Profiles, Application and Specification
13.1.3 Natural Remedies Spices Market Performance (2015-2020)
13.2 BGG
13.2.1 BGG Basic Information
13.2.2 BGG Product Profiles, Application and Specification
13.2.3 BGG Spices Market Performance (2015-2020)
13.3 Sabinsa
13.3.1 Sabinsa Basic Information
13.3.2 Sabinsa Product Profiles, Application and Specification
13.3.3 Sabinsa Spices Market Performance (2015-2020)
13.4 Organic Herb Inc
13.4.1 Organic Herb Inc Basic Information
13.4.2 Organic Herb Inc Product Profiles, Application and Specification
13.4.3 Organic Herb Inc Spices Market Performance (2015-2020)
13.5 Active Ingredients Group
13.5.1 Active Ingredients Group Basic Information
13.5.2 Active Ingredients Group Product Profiles, Application and Specification
13.5.3 Active Ingredients Group Spices Market Performance (2015-2020)
13.6 Euromed
13.6.1 Euromed Basic Information
13.6.2 Euromed Product Profiles, Application and Specification
13.6.3 Euromed Spices Market Performance (2015-2020)
13.7 Rainbow
13.7.1 Rainbow Basic Information
13.7.2 Rainbow Product Profiles, Application and Specification
13.7.3 Rainbow Spices Market Performance (2015-2020)
13.8 Aovca
13.8.1 Aovca Basic Information
13.8.2 Aovca Product Profiles, Application and Specification
13.8.3 Aovca Spices Market Performance (2015-2020)
13.9 Tsumura&Co
13.9.1 Tsumura&Co Basic Information
13.9.2 Tsumura&Co Product Profiles, Application and Specification
13.9.3 Tsumura&Co Spices Market Performance (2015-2020)
13.10 Martin Bauer
13.10.1 Martin Bauer Basic Information
13.10.2 Martin Bauer Product Profiles, Application and Specification
13.10.3 Martin Bauer Spices Market Performance (2015-2020)
13.11 Bioprex Labs
13.11.1 Bioprex Labs Basic Information
13.11.2 Bioprex Labs Product Profiles, Application and Specification
13.11.3 Bioprex Labs Spices Market Performance (2015-2020)
13.12 IndenaSPA
13.12.1 IndenaSPA Basic Information
13.12.2 IndenaSPA Product Profiles, Application and Specification
13.12.3 IndenaSPA Spices Market Performance (2015-2020)
13.13 Provital Group
13.13.1 Provital Group Basic Information
13.13.2 Provital Group Product Profiles, Application and Specification
13.13.3 Provital Group Spices Market Performance (2015-2020)
13.14 Naturex
13.14.1 Naturex Basic Information
13.14.2 Naturex Product Profiles, Application and Specification
13.14.3 Naturex Spices Market Performance (2015-2020)
13.15 Schwabe
13.15.1 Schwabe Basic Information
13.15.2 Schwabe Product Profiles, Application and Specification
13.15.3 Schwabe Spices Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Spices Market Forecast (2020-2025)
14.2 Europe Spices Market Forecast (2020-2025)
14.3 Asia-Pacific Spices Market Forecast (2020-2025)
14.4 Middle East and Africa Spices Market Forecast (2020-2025)
14.5 South America Spices Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Spices Market Forecast by Types (2020-2025)
15.1.1 Global Spices Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Spices Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Spices Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Spices Picture
Table Spices Key Market Segments
Figure Study and Forecasting Years
Figure Global Spices Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Spices Value ($) and Growth Rate (2015-2020)
Table Global Spices Value ($) by Countries (2015-2020)
Table Global Spices Value Market Share by Regions (2015-2020)
Figure Global Spices Value Market Share by Regions in 2019
Figure Global Spices Production and Growth Rate (2015-2020)
Table Global Spices Production by Major Countries (2015-2020)
Table Global Spices Production Market Share by Major Countries (2015-2020)
Figure Global Spices Production Market Share by Regions in 2019
Figure Global Spices Consumption and Growth Rate (2015-2020)
Table Global Spices Consumption by Regions (2015-2020)
Table Global Spices Consumption Market Share by Regions (2015-2020)
Figure Global Spices Consumption Market Share by Regions in 2019
Table Global Spices Export Top 3 Country 2019
Table Global Spices Import Top 3 Country 2019
Table United States Spices Export and Import (2015-2020)
Table Europe Spices Export and Import (2015-2020)
Table China Spices Export and Import (2015-2020)
Table Japan Spices Export and Import (2015-2020)
Table India Spices Export and Import (2015-2020)
Table Global Spices Production by Types (2015-2020)
Table Global Spices Production Market Share by Types (2015-2020)
Figure Global Spices Production Share by Type (2015-2020)
Table Global Spices Value by Types (2015-2020)
Table Global Spices Value Market Share by Types (2015-2020)
Figure Global Spices Value Share by Type (2015-2020)
Figure Global Capsicum and pimento Production and Growth Rate (2015-2020)
Figure Global Capsicum and pimento Price (2015-2020)
Figure Global Ginger Production and Growth Rate (2015-2020)
Figure Global Ginger Price (2015-2020)
Figure Global Anise and fennel Production and Growth Rate (2015-2020)
Figure Global Anise and fennel Price (2015-2020)
Table Global Spices Consumption by Applications (2015-2020)
Table Global Spices Consumption Market Share by Applications (2015-2020)
Figure Global Spices Consumption Share by Application (2015-2020)
Figure Global Food Processing Industry Consumption and Growth Rate (2015-2020)
Figure Global Catering Industry Consumption and Growth Rate (2015-2020)
Figure Global Household Consumption and Growth Rate (2015-2020)
Figure North America Spices Market Consumption and Growth Rate (2015-2020)
Table North America Spices Consumption by Countries (2015-2020)
Table North America Spices Consumption Market Share by Countries (2015-2020)
Figure North America Spices Consumption Market Share by Countries (2015-2020)
Figure United States Spices Market Consumption and Growth Rate (2015-2020)
Figure Canada Spices Market Consumption and Growth Rate (2015-2020)
Figure Mexico Spices Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Spices Market Consumption and Growth Rate (2015-2020)
Table Europe Spices Consumption by Countries (2015-2020)
Table Europe Spices Consumption Market Share by Countries (2015-2020)
Figure Europe Spices Consumption Market Share by Countries (2015-2020)
Figure Germany Spices Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Spices Market Consumption and Growth Rate (2015-2020)
Figure France Spices Market Consumption and Growth Rate (2015-2020)
Figure Italy Spices Market Consumption and Growth Rate (2015-2020)
Figure Spain Spices Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Spices Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Spices Consumption by Countries (2015-2020)
Table Asia-Pacific Spices Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Spices Consumption Market Share by Countries (2015-2020)
Figure China Spices Market Consumption and Growth Rate (2015-2020)
Figure Japan Spices Market Consumption and Growth Rate (2015-2020)
Figure South Korea Spices Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Spices Market Consumption and Growth Rate (2015-2020)
Figure India Spices Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Spices Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Spices Consumption by Countries (2015-2020)
Table Middle East and Africa Spices Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Spices Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Spices Market Consumption and Growth Rate (2015-2020)
Figure UAE Spices Market Consumption and Growth Rate (2015-2020)
Figure South Africa Spices Market Consumption and Growth Rate (2015-2020)
Figure South America Spices Market Consumption and Growth Rate (2015-2020)
Table South America Spices Consumption by Countries (2015-2020)
Table South America Spices Consumption Market Share by Countries (2015-2020)
Figure South America Spices Consumption Market Share by Countries (2015-2020)
Figure Brazil Spices Market Consumption and Growth Rate (2015-2020)
Table Natural Remedies Company Profile
Table Natural Remedies Production, Value, Price, Gross Margin 2015-2020
Figure Natural Remedies Production and Growth Rate
Figure Natural Remedies Value ($) Market Share 2015-2020
Table BGG Company Profile
Table BGG Production, Value, Price, Gross Margin 2015-2020
Figure BGG Production and Growth Rate
Figure BGG Value ($) Market Share 2015-2020
Table Sabinsa Company Profile
Table Sabinsa Production, Value, Price, Gross Margin 2015-2020
Figure Sabinsa Production and Growth Rate
Figure Sabinsa Value ($) Market Share 2015-2020
Table Organic Herb Inc Company Profile
Table Organic Herb Inc Production, Value, Price, Gross Margin 2015-2020
Figure Organic Herb Inc Production and Growth Rate
Figure Organic Herb Inc Value ($) Market Share 2015-2020
Table Active Ingredients Group Company Profile
Table Active Ingredients Group Production, Value, Price, Gross Margin 2015-2020
Figure Active Ingredients Group Production and Growth Rate
Figure Active Ingredients Group Value ($) Market Share 2015-2020
Table Euromed Company Profile
Table Euromed Production, Value, Price, Gross Margin 2015-2020
Figure Euromed Production and Growth Rate
Figure Euromed Value ($) Market Share 2015-2020
Table Rainbow Company Profile
Table Rainbow Production, Value, Price, Gross Margin 2015-2020
Figure Rainbow Production and Growth Rate
Figure Rainbow Value ($) Market Share 2015-2020
Table Aovca Company Profile
Table Aovca Production, Value, Price, Gross Margin 2015-2020
Figure Aovca Production and Growth Rate
Figure Aovca Value ($) Market Share 2015-2020
Table Tsumura&Co Company Profile
Table Tsumura&Co Production, Value, Price, Gross Margin 2015-2020
Figure Tsumura&Co Production and Growth Rate
Figure Tsumura&Co Value ($) Market Share 2015-2020
Table Martin Bauer Company Profile
Table Martin Bauer Production, Value, Price, Gross Margin 2015-2020
Figure Martin Bauer Production and Growth Rate
Figure Martin Bauer Value ($) Market Share 2015-2020
Table Bioprex Labs Company Profile
Table Bioprex Labs Production, Value, Price, Gross Margin 2015-2020
Figure Bioprex Labs Production and Growth Rate
Figure Bioprex Labs Value ($) Market Share 2015-2020
Table IndenaSPA Company Profile
Table IndenaSPA Production, Value, Price, Gross Margin 2015-2020
Figure IndenaSPA Production and Growth Rate
Figure IndenaSPA Value ($) Market Share 2015-2020
Table Provital Group Company Profile
Table Provital Group Production, Value, Price, Gross Margin 2015-2020
Figure Provital Group Production and Growth Rate
Figure Provital Group Value ($) Market Share 2015-2020
Table Naturex Company Profile
Table Naturex Production, Value, Price, Gross Margin 2015-2020
Figure Naturex Production and Growth Rate
Figure Naturex Value ($) Market Share 2015-2020
Table Schwabe Company Profile
Table Schwabe Production, Value, Price, Gross Margin 2015-2020
Figure Schwabe Production and Growth Rate
Figure Schwabe Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Spices Market Forecast Production by Types (2020-2025)
Table Global Spices Market Forecast Production Share by Types (2020-2025)
Table Global Spices Market Forecast Value ($) by Types (2020-2025)
Table Global Spices Market Forecast Value Share by Types (2020-2025)
Table Global Spices Market Forecast Consumption by Applications (2020-2025)
Table Global Spices Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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