London, United Kingdom, April 14, 2017 --(PR.com
)-- The world’s organic spices market has exhibited steady demand growth over the past few years, and is poised to reach 9,134 kilo tons by the year 2022, registering a 6.37% CAGR in the years ahead. Uptake in versatile demand across different food and beverage sectors especially for convenience foods and beverages is expected to spur growth in the world’s organic spices market.
As of 2016, APAC took lead in the global organic spices market with a share of over 50%. India, Vietnam and China are the top producers of organic spices in the APAC region. Presence of different agro-climatic zones and seasons support the production of different spices in the region.
North America ranked the second regional market for organic spices in 2016. Guatemala and Mexico are the leading country-wide markets in the region.
On the basis of organic spice type, chillies captures a share of more than 50% of the global market; it is followed by garlic and ginger. Large usage volumes, and wide recognition as household and basic essential for daily usage has encouraged growth is consumption of chilli, garlic and ginger worldwide.
In-demand report “Global Organic Spices Market - Trends & Forecast, 2016-2022” (https://marketpublishers.com/report/food/sauces-spices/global-organic-spices-market-trends-forecast-2016-2022.html) elaborated by Market Research Future (MRFR) offers an all-round analysis of the market at various geographical scales and presents access to reliable statistics. It contains info on the market growth limiters and drivers, trends, shares, segments, opportunities and challenges, competitive landscape, regulative framework and growth prospects. The study provides a future outlook through 2022.
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