Herbs and Spices Market expected to reach USD 42.110 billion by 2030
Herbs and Spices Market Trends & Forecast
According to a research study published by Knowledge Sourcing Intelligence (KSI), the herbs and spices market will expand from USD 29.294 billion in 2025 to USD 42.110 billion in 2030 at a CAGR of 7.53% during the forecast period.
The market is driven by growing demand for herbs and spices in food and beverages to enhance the aroma of foods and beverages, to appease the changing taste preferences and flavor profiles of individuals worldwide. Additionally, the growing demand due to health benefits such as those of turmeric, lemongrass or mint and others is also driving the market. For example, mint leaves are used in tea served in Morocco, and some individuals in Japan, among others, prefer Lemongrass tea.
The market is growing towards innovations in the market, such as ready-to-use spice mixes, convenient packaging, and spice blends tailored to busy and health-conscious consumers. In addition, with rising disposable incomes, there is an increasing demand for premium and gourmet herbs and spices, which in turn is enhancing the market.
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This article covers the fundamentals. Our full market report provides the granular data, competitive landscape, and strategic insights you need to navigate the global herbs and spices industry.
- ✅ Detailed Market Size & Growth Forecasts
- ✅ Key Player Analysis & Market Share
- ✅ Application Breakdowns & Regional Trends
Herbs and Spices Market Report Highlights
- Consumers are demanding organic herbs for health benefits and clean-label products. This is driving the organic herbs and spices market.
- Companies are innovating spice blends to cater to diverse culinary preferences. AT the same time, there are offerings of premium spices to capture the rising disposable income consumers.
- In North America, the demand for herbs and spices is heavily driven by consumers’ growing awareness of health concerns. The increasing demand for ethnic and international cuisines has led to the increased adoption of various herbs and spices as people are increasingly looking for different flavors in their food.
- Asia-Pacific is driving growth with traditional and medicinal herb usage. At the same time, spices are very key to Asia-Pacific countries, such as India, Pakistan, Bangladesh, China and others, driving continued demand. Besides, its high production in these regions drives the demand.
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Report Coverage:
Report Metric | Details |
Herbs and Spices Market Size in 2025 | US$29.294 billion |
Herbs and Spices Market Size in 2030 | US$42.110 billion |
Growth Rate | CAGR of 7.53% |
Drivers |
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Restraints |
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Segmentation |
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List of Major Companies in the Herbs and Spices Market |
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Herbs and Spices Market Drivers and Restraints
Growth Drivers:
- Growing demand for natural and organic products: The herbs and spices market is driven by growing demand for natural and organic products. Consumers increasingly prefer product lines free of artificial additives, preservatives, and chemicals. This is because people are becoming more conscious of the dangers that artificial additives pose to health, such as allergies or long-term health problems.
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- Growing product Innovation and Increasing Product offerings: The rising demand for product innovations and increased product offerings from key market players helps propel the herbs and spices market growth globally. Companies develop new blends, offer organic options, and provide more value-added items as consumers need diverse and health-oriented food selections. Innovations in packaging, including some environmentally friendly ones.
Restraints:
- Raw Material Price Fluctuations: One of the key issues the market is increasingly facing, and whose impact is growing continuously in the backdrop of growing climate change, is raw material price fluctuations. Tropical areas are very much susceptible to a reduction in crop yield due to changing global climate patterns, such as erratic weather patterns. Crops in India, Vietnam, and other countries are highly prone to climate change, driving the limited supply and high prices.
Herbs and Spices Market Developments
- Product launch: In May 2025, Traditional Medicinals, the botanical wellness company and Certified B Corp, announced the launch of “Herbs for All”, a new initiative to expand access to herbal education and grassroots wellness across California.
- Expansion: In May 2025, Cholula, a Mexican hot sauce company, expanded 11 new products at selected retailers nationwide, namely cooking sauces, cremosa, chamoy, chili crisp, seasoning mixes and hot salsa.
Herbs and Spices Market Segmentation
Knowledge Sourcing Intelligence has segmented the Global Herbs and Spices Market based on product type, packaging type, application, form and region:
Herbs and Spices Market, By Product Type
- Herbs
- Basil
- Mint
- Coriander
- Thyme
- Lemongrass
- Others
- Spices
- Ginger
- Pepper
- Cardamom
- Cinnamon
- Clove
- Others
Herbs and Spices Market, By Packaging Type
- Bottles
- Shaker
- Crusher
- Pouches
- Containers
Herbs and Spices Market, By Application
- Food and Beverage
- Pharmaceuticals
Herbs and Spices Market, By Form
- Whole
- Ground
Herbs and Spices Market, By Region
- North America
- USA
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- South America
- Brazil
- Argentina
- Others
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- Others
Herbs and Spices Market Key Players
- Keya Foods
- Snapin
- McCormick & Company, Inc.
- All-Season Herbs
- Kerry Group
- Suminter India Organics
- Fresco Spice Blends
- Artisan Palate
- On1y
- The Watkins Co.
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About Knowledge Sourcing Intelligence (KSI)
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.