Dried Herbs Market Size, Share Analysis Report

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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.

"The influential Dried Herbs Market Report provides a list of key competitors, strategic industry analysis, and insights into key factors influencing the Dried Herbs Market industry. The market analysis and insights included in this market research report offer key statistics on the market status of global and regional manufacturers and are an important source of guidance that provides sound direction for companies and individuals interested in the industry. The first-class Dried Herbs s Market Report also includes all the data covering market definition, classification, application, involvement, market drivers, and market restrictions obtained with the help of SWOT analysis.

The Dried Herbs s Market research report covers a methodical investigation of the current global market scenario, encompassing several market dynamics. This report provides the fluctuation of CAGR value during the forecast period of 2023-2030 for the market. The study and analysis carried out in this business report also helps to know the type of consumers, their views about the product, their purchasing intentions, and their ideas for the progress of a product. This report helps businesses know their market share over various time periods, transportation, storage, and supply needs of their products. Persuasive Dried Herbs Market analysis reports provide useful insights that help while launching new products.

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.

Explore Further Details about This Research Dried Herbs Market Report https://www.databridgemarketresearch.com/reports/global-dried-herbs-market

Report scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Processed products, Natural products), By Application (Bakery Products, Confectionaries, Dairy Products, Other)

Countries Covered

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

Market Players Covered

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)

Opportunities

  • Rising demand from the tobacco industry
  • High food innovation to retain food nutrients and natural flavour
  • The rapidly expanding hospitality industry around the world

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.

Key questions answered in the Dried Herbs Market are: 

  • What is Dried Herbs Market?
  • What was the Dried Herbs Market size in 2022?
  • What are the different segments of the Dried Herbs Market?
  • What growth strategies are the players considering to increase their presence in Dried Herbs Market?
  • What are the upcoming industry applications and trends for the Dried Herbs Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Dried Herbs Market?
  • What major challenges could the  Dried Herbs Market face in the future?
  • What segments are covered in the Dried Herbs Market?
  • Who are the leading companies and what are their portfolios in Dried Herbs Market?
  • What segments are covered in the Dried Herbs Market?
  • Who are the key players in the Dried Herbs Market?

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