Global Dried Herbs Market By Product Type (Oregano, Rosemary, Sage, Savoury, Mint, Thyme, Bay Leaves), Form (Whole Herbs, Powdered Herbs), Nature (Organic, Conventional), Drying Method (Air Drying, Vacuum Drying, Microwave Drying), End-User (B2B, B2C)) – Industry Trends and Forecast to 2029
Market Analysis and Size
Dried herbs have gained popularity in recent years due to their numerous advantages over fresh herbs. They can be stored and used at any time and are free of fungi and bacteria. Dried herbs are in high demand in a variety of industries, including food, beverages, cosmetics, pharmaceuticals, and others. Furthermore, due to their longer shelf-life, dried herbs are becoming more popular in processed foods and convenience foods.
Data Bridge Market Research analyses that the dried herbs market was valued at a USD 1.90 billion in 2021 is expected to reach the value of USD 2.89 billion by 2029, at a CAGR of 5.40 % during the forecast period of 2022-2029.
Report scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Processed products, Natural products), By Application (Bakery Products, Confectionaries, Dairy Products, Other)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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McCormick & Company, Inc. (US), Döhler (Germany), Pacific Botanicals (US), MOUNTAIN ROSE HERBS (US), Van Drunen Farms (South Africa, British Pepper & Spice Co Ltd (UK), Synthite Industries Ltd. (India), I.T.S (UK), Cherry Valley Organics (US), Catz International (Netherlands), The Spice House (Netherlands), Vardhaman Exotic Herbs & Spices (India), Euroma (Netherlands), Sorich Organics (India), Holyland Marketing Private Limited (India), Hamps Bio Private Limited (India)
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Opportunities
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Market Definition
Herbs are plants that have many uses and benefits in a variety of applications. Fresh herbs are more easily disposed of by fungus and bacteria. Fresh herbs are transformed into dried format by drying processes and other processes to prevent damage to versatile plants. Many techniques, including microwave drying, vacuum drying, and air drying, are used to remove the water from fresh herbs before drying them.
Dried Herbs Market Dynamics
Drivers
- Easy availability and convenience provided by the dried herbs
Dried herbs are widely available in a variety of retail formats. This ease of access encourages consumers to use dried herbs even more frequently. Dried herbs are small and easy to transport; the use of convenience packaging for dried herbs is also known to increase consumer demand. Consumers are also becoming more open to international cuisines, flavours, and ingredients, which is having a significant impact on their eating habits. Exotic dried herbs are growing in popularity as a result of the strong influence of various cuisines and cultures.
- Rising application from various user due to longer shelf life
Due to the technologies used in their production, dried food and ingredients such as herbs are becoming more popular. Techniques such as vacuum and air drying have impacted the ability to use dried herbs for a longer period of time when stored under specific conditions. Dried herbs have a shelf life ranging from weeks to months, allowing manufacturers and consumers to use them in the future. Dried herb applications have expanded due to their increased shelf life.
Opportunity
However, as consumer awareness of organic and clean label products has grown, food manufacturers have been forced to remove harmful synthetic ingredients from their products and replace them with natural alternatives. The growing clean label and organic trends are having a significant impact on a variety of industries in the food and beverage sector. To meet the preferences and demands of consumers, manufacturers are incorporating organic dried herbs into their formulations and products. Herbal teas and smoothies, for example, are popular uses for dried herbs. The rise in demand for natural flavourings represents a business opportunity for dried herb manufacturers.
Restraints
Lower-cost fresh herbal alternatives are expected to stymie market growth. Concerns about the contamination of spices and herbs with adulterants and other chemical substances to extend their shelf life are expected to pose a challenge to the dried herbs market during the forecast period.
This dried herbs market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the dried herbs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Dried Herbs Market
The dried herbs market has suffered as a result of the pandemic in terms of production, consumption, and market performance. Due to the lockdown restrictions, the sector suffered from a lack of labour and a decrease in production efficiency. The market supply chain systems were disrupted due to transportation issues, resulting in poor market performance.
Global Dried Herbs Market Scope
The dried herbs market is segmented on the basis of product type, form, nature, drying method and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Oregano
- Rosemary
- Sage
- Savoury
- Mint
- Thyme
- Bay Leaves
Form
- Whole Herbs
- Powdered Herbs
Nature
- Organic
- Conventional
Drying method
- Air Drying
- Vacuum Drying
- Microwave Drying
End user
- B2B
- B2C
Dried herbs Market Regional Analysis/Insights
The dried herbs market is analysed and market size insights and trends are provided by country, product type, form, nature, drying method and end-user as referenced above.
The countries covered in the dried herbs market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The North American market currently accounts for the majority of the market and is expected to drive growth over the forecast period due to increased dried herb production capacity and rising demand for delicacies food products in this region. Due to increasing urbanisation and rapid industrialization, which results in rising disposable income in the countries, the Asia-Pacific market accounts for the highest CARG in terms of revenue in the near future. These are the factors that are expected to drive growth of the target market in the Asia-Pacific region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dried Herbs Market Share Analysis
The dried herbs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to dried herbs market.
Some of the major players operating in the dried herbs market are:
- McCormick & Company, Inc. (US)
- Döhler (Germany)
- Pacific Botanicals (US)
- MOUNTAIN ROSE HERBS (US)
- Van Drunen Farms (South Africa)
- British Pepper & Spice Co Ltd (UK)
- Synthite Industries Ltd. (India)
- I.T.S (UK)
- Cherry Valley Organics (US)
- Catz International (Netherlands)
- The Spice House (Netherlands)
- Vardhaman Exotic Herbs & Spices (India)
- Euroma (Netherlands)
- Sorich Organics (India)
- Holyland Marketing Private Limited (India)
- Hamps Bio Private Limited (India)
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