Spices and Herbs Market Outlook 2031: Size, Growth Trends, and Segment Analysis

United States of America – October 17, 2025 – The Insight Partners announces the release of its report, “Spices and Herbs Market: Segmentation, Growth, and Leading Companies.” The report highlights market trends, segmentation insights, and profiles of the key organizations operating across the global spices and herbs industry through 2031.

Overview of Spices and Herbs Market

The Spices and Herbs Market is expected to register a CAGR of 5.1% from 2025 to 2031, driven by growing consumer preference for natural flavoring agents, rising awareness of health benefits associated with herbs and spices, and expanding applications in food processing and foodservice industries. Increasing demand for ethnic cuisines and the popularity of organic and clean-label food ingredients are further propelling market growth.

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Segments Covered

By Type

Herbs
Spices

By Category

Organic
Conventional

By End Use

Food Processing
Foodservice
Food Retail

By Geography

North America
Europe
Asia-Pacific
South and Central America
Middle East and Africa

Spotting Emerging Trends

Health and Wellness Orientation: Consumers are increasingly seeking natural, functional ingredients that promote immunity and overall well-being, fueling demand for organic herbs and spices.

Innovation in Processing and Packaging: Advanced drying, grinding, and encapsulation technologies are improving product quality, shelf life, and flavor retention, catering to both industrial and retail segments.

Sustainability and Ethical Sourcing: Leading producers are investing in traceable supply chains and sustainable farming practices, reflecting growing consumer interest in eco-friendly and ethically sourced ingredients.

Growth Opportunities

Rising demand for plant-based and ethnic foods, coupled with expanding global trade networks, is creating significant growth potential. Emerging economies in Asia-Pacific and South America present strong opportunities due to increasing disposable incomes and culinary diversification. The expansion of e-commerce channels is also boosting accessibility and brand visibility for premium spice and herb products.

Market Leaders and Key Company Profiles

SHS GROUP
EVEREST SPICES
DS GROUP
McCormick and Company
Nani Agro Foods
MTR FOODS Pvt. Ltd.
Kerry Group PLC
Olam International Limited
Sensient Technologies Corporation

Conclusion

The global spices and herbs market is poised for consistent growth, underpinned by shifting consumer preferences toward natural flavors, technological advancements in food processing, and expanding global culinary trends. Companies focusing on innovation, sustainability, and product differentiation are expected to gain a competitive advantage in the coming years.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.