Dried Spices Market was valued at USD 14.56 Bn in 2024, and total global Dried Spices Market revenue is expected to grow at CAGR of 4.7% & reaching nearly USD 21.02 Bn from 2025-2032

Market Overview

Report covers the Dried Spices Industry dynamic, structure by analysing the market segments and projecting Dried Spices Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies and regional presence in the Dried Spices Market.

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Scope of the Report

Market coverage: Global dried spices trade and consumption, segmented by product type (pepper, turmeric, cinnamon, cardamom, etc.), source (natural vs. organic), form (powder, granules, whole), end‑user (home, food industry, cosmetic), and distribution channel (hypermarkets, online, etc.)

Timeframe: Historical data spanning 2019–2024, with forecasts extending from 2025 to 2032

Geographic regions: In-depth coverage across North America, Europe, Asia‑Pacific, the Middle East & Africa, and South America

Key competitors: Includes major global players—McCormick, MDH, Everest, Sensient, Fuchs, Ajinomoto, etc.

Market Segment Analysis

Based on Product Type, in 2024, the pepper segment emerged as the leading force in the worldwide dried spices market and is projected to sustain its dominance in the coming forecast period. Dried pepper items provide consumers with convenience and an extended shelf life compared to their fresh counterparts. Their ease of storage and prolonged durability make them a preferred option for shoppers seeking practicality. Furthermore, the growing popularity of diverse international cuisines has led to the integration of dried peppers into many global dishes as a fundamental ingredient. This surge in interest in varied culinary experiences drives the demand for dried pepper products.

Based on Form, the powder form dominated the dried spices market in 2024, making it the most widely used. This popularity is due to its convenience, ease of storage, and quick blending into recipes. Powdered spices like turmeric, chili, cumin, and coriander are staples in both household and commercial kitchens, offering consistent flavor and fast application. They are especially preferred in fast-paced cooking environments such as restaurants and packaged food production. The fine texture ensures even distribution, enhancing the taste and appearance of dishes. Powdered spices are often more economical and accessible, contributing to their strong market demand.

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Market Regional Analysis

The region of Asia Pacific plays a significant role in the creation and use of dehydrated herbs. The primary players in the spice industry include India, China, Indonesia, and Vietnam. The diverse culinary customs and tastes of India add to the allure of dehydrated herbs. A variety of Asian cooking styles, including Chinese, Indian, Thai, and Vietnamese, rely extensively on a broad range of dehydrated herbs to produce unique flavours and scents. The growing population amplified disposable incomes and urbanization around the region also play a crucial role in the increasing demand for dehydrated herbs from curious consumers seeking novel flavours and cultures.

Market key players

Asia Pacific

1. Everest Food Products Pvt. Ltd. (India)
2. MDH Spices (Mahashian Di Hatti Pvt. Ltd.) (India)
3. Ajinomoto Co., Inc. (Japan)
4. Olam International (Singapore)
5. DS Group / Catch Spices (India)
6. McCormick & Company, Inc. (Singapore)
7. Sensient Technologies Corporation (Singapore)
8. Kerry Group PLC (Singapore)

Competitive Landscape

Global spice market is witnessing rapid transformation driven by shifting consumer preferences toward ethnic, functional and clean-label flavours. McCormick & Company, Sensient Technologies Corporation and Everest Food Products Pvt. Ltd. are the top three industry leaders based on global presence, brand equity, innovation capacity and strategic influence.

McCormick & Company, Inc., headquartered in Maryland, U.S, operates in more than 150 countries with strong manufacturing base across North America, Europe and Asia, including Singapore and India. The company has its omnichannel distribution across retail, foodservice and industrial segments, along with continuous investments in R&D and sustainability. From AI-driven flavor innovations to an ethical sourcing program.

Dried Spices Market Frequently Asked Questions

1. Who are the key players in the Dried Spices Market?

2. How big is the Dried Spices Market?

3. What are the key regions in the global Dried Spices Market?

4. What is the study period of this market?

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