Global Dried Herbs Market Size, Drivers, Trends, Opportunities And Strategies – Includes Dried Herbs Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increase in consumption of processed food are expected to drive innovation in dried herbs manufacturing, thus driving the market during the forecast period.
The global dried herbs market is expected to grow from $5.8 billion in 2022 to $6.17 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The dried herbs market size is expected to grow to $7.93 billion in 2027 at a CAGR of 6.5%.
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Global Dried Herbs Market Segments Include:
- By Product Type: Oregano, Rosemary, Sage, Savoury, Mint, Thyme, Bay Leaves
- By Nature Type: Organic, Conventional
- By Drying Method Type: Air Drying, Vacuum Drying, Microwave Drying
- By Form Type: Whole Herbs, Powdered Herbs
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global dried herbs market in 2021.
Major Market Players in the dried herbs market include McCormick & Company, Inc., Döhler, Pacific Botanicals, Mountain Rose Herbs, Van Drunen Farms, British Pepper & Spice Co. Ltd., Synthite Industries Ltd.
Strategic partnerships are the key trend gaining popularity in the dried herbs market. Companies operating in the dried herb market are partnering with relevant companies to leverage each other’s resources to develop new products and expand their presence into new markets. For instance, in February 2021, Feyecon Development & Implementation B.V, a Netherland-based company operating in providing an innovative solution for drying food products partnered with VNK BV, and developed herb flavor powders from waste materials on the base of green CO2 technology. VNK BV is a Netherlands-based company operating in drying leaf herbs and herbal roots.
The Dried Herbs Global Market Report 2023 provides a dried herbs market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The dried herbs market forecast analyzes dried herbs market size, dried herbs market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Dried herbs refers to washed, sorted, and sun-dried herbs. These herbs are more convenient and less expensive than fresh herbs. These dried herbs are the dried leaf or stem parts of green plants that provide a longer-lasting and savory flavor. Dried herbs are ideal for moist cooking methods such as soups, stews, and braised dishes, where they impart their flavors and aromas.
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