Dried Herbs Market is expected to be worth $4.90 billion by 2022. During the forecast period, the market is expected to grow at a CAGR of 6.1%, reaching a value of US$ 7.41 billion by 2029.

Dried Herbs Market Overview:

The   Dried Herbs market is a dynamic and thriving sector within the global spice industry. Known as the “king of spices,”   Dried Herbs has been a staple in culinary traditions worldwide for centuries, valued not only for its distinctive flavor but also for its medicinal p Dried Herbsrties. The market is characterized by a steady demand driven by the growing popularity of spicy and exotic cuisines, as well as an increased awareness of the health benefits associated with   Dried Herbs consumption. Key producers like India, Vietnam, and Indonesia play a crucial role in meeting this demand, contributing significantly to the overall market share. Factors such as changing consumer preferences, the rise of e-commerce, and advancements in agricultural practices continue to shape the trajectory of the   Dried Herbs market, making it a fascinating and evolving industry. As the global palate becomes more adventurous, and as consumers seek natural and flavorful ingredients, the   Dried Herbs market is poised for sustained growth in the foreseeable future.

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Dried Herbs Market Scope:

The   Dried Herbs market exhibits a broad scope, reflecting its integral role in the global culinary landscape. Renowned for its versatile application in various cuisines,   Dried Herbs has transcended its traditional use to become a ubiquitous ingredient in households and restaurants alike. The market scope encompasses diverse factors, including regional cultivation practices, climate conditions, and evolving consumer preferences. With the spice industry witnessing a surge in demand for authentic and premium-quality products, the   Dried Herbs market is poised for expansion. Moreover, the increasing recognition of   Dried Herbs for its potential health benefits further widens its scope, as consumers increasingly seek natural and functional ingredients. The market’s future trajectory is influenced by factors such as sustainable farming practices, technological advancements, and the continuous exploration of new culinary trends. As the   Dried Herbs market continues to adapt to changing dynamics, it remains a pivotal player in the broader spice industry, promising growth and innovation in the years to come.

Dried Herbs Market Segmentation:
 
The market is divided into two segments based on form: whole herbs and powdered herbs. By 2029, the Whole Herbs category is anticipated to account for 62.5% of the market in terms of revenue. The entire herb is preserved in alcohol or another solvent, either dried and pulverized or handled. For hundreds of years, whole herbs have been used in many cultures because they contain all the constituents of the plant. One of the main factors propelling the segment's growth is the fact that modern medicine relies heavily on the use of whole herbs.

The market is divided into Organic and Conventional segments by nature. By 2029, organic is predicted to account for 72% of the market in terms of revenue. Organic herbs could grow at the fastest rate due to the rising demand for organic products. 7.5% of Europe's total agricultural land is used for organic farming, according to Eurostat. The whole organic sector in Europe keeps expanding. In 2018, there were roughly 13.4 million hectares of organic land. Furthermore, according to The World Counts, the fastest growth in recent years is expected in the global sales of organic food items.
 
The market is divided into Oregano, Rosemary, Sage, Savoury, Mint, Thyme, and Bay Leaves segments based on Product Type. By 2029, the Bay Leaves segment is anticipated to have the largest revenue market share. Vitamin A, vitamin B6, and vitamin C are abundant in bay leaf. A strong immune system is known to be supported and maintained by each of these vitamins. Tea made with bay leaves helps soothe upset stomachs. Additionally, the tea has a strong aroma, which helps relieve stuffy noses and sinus congestion.
 
The market is divided into two segments based on End-User: Business to Business (B2B) and Business to Customers (B2C). By 2029, it is anticipated that the Business to Business (B2B) segment will have the largest revenue market share. The industries in this segment—baked goods, snacks, beverages, pharmaceuticals, seasoning and sauces, cosmetics, and personal care—will propel the dried herbs market as a whole during the projected period.
 
The market is divided into three segments based on drying methods: air drying, vacuum drying, and microwave drying. By 2029, it is anticipated that the Air Drying category will have the largest revenue market share. Sage, oregano, rosemary, and bay leaves are examples of tougher herbs that work well when dried by air. This is arguably the most efficient and least expensive way to dry herbs.
 
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Dried Herbs Market Key Players: The key players are

1. The Kraft Heinz Company
2. McCormick & Company, Inc.
3. Robertet SA
4. Firmenich S A
5. Döhler GmbH
6. Pacific Botanicals
7. Mountain Rose Herbs
8. Van Drunen Farms
9. British Pepper & Spice company
10. Takasago International corporation
11. Archer Daniels Midland Company
12. Synthite Industries Ltd
13. International Taste Solutions Ltd
14. Cherry Valley Organics
15. Catz International B.V.

Dried Herbs Market Regional Analysis:

The   Dried Herbs market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Eu Dried Herbs, North America, and the rest of the globe. North America has the greatest power over the   Dried Herbs market share and will continue to be a major shareholder in the global   Dried Herbs market.

COVID-19 Impact Analysis on   Dried Herbs Market: The COVID-19 impact on the   Dried Herbs market is also included in the report

Key Questions Answered in the   Dried Herbs Market Report are:

  • What will be the CAGR of the   Dried Herbs market during the forecast period?
  • Which segment emerged as the leading segment in the   Dried Herbs market?
  • Which are the prominent players in the   Dried Herbs market?

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