The global dried herbs market is predicted to exhibit a healthy growth curve in the coming years. According to a recent report by Transparency Market Research (TMR), changing lifestyles of people across the world is leading to surge in demand for ready consumables, triggering the dried herbs market. The report, titled, “Dried Herbs Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” elucidates on the overall market structure and discusses the factors influencing the dried herbs market over the forecast period of 2017 to 2025. The report analyzes factors shaping the size and valuation of the market in the years to come, along with the significant industry trends that could impact the market.
Dry spices and herbs, as compared to their fresh counterparts, are proven to hold larger number of health benefits. Dry spices not only aid in boosting the flavor of the food product, they also mete out various nutritional benefits to the food product. They offer substantial levels of sodium and lowered calorie counts. A number of dry herbs aid in controlling heart diseases, diabetes and weight. Additionally, the consuming dried herbs is said to alleviate cancer. These are the key factors that could capture the interest of consumers, fuelling the global dried herbs market substantially.
A large number of dried herbs and spices are also used in the manufacture of medicines and personal care/grooming products. On account of their diverse nutritional properties, dried spices and herbs are expected to gain momentum in the personal care and beauty products in the coming years. Furthermore, a number of aromatic products are predicted to generate demand for dried herbs on account of the growing awareness towards use of organic products. Being healing, cleansing and soothing products, the dried herbs market is expected to witness high demand in the forthcoming years. Factor that could impede the market could be issues with quality of product, outbreak of food borne illnesses, and polypropylene contamination. However, high demand of organic substances in early boomers due to high awareness may propel the global market to a great extent, overcoming any small restraints.
One the basis of geographical segmentation, the region of Asia Pacific is predicted to emerge as a dominant one in terms of volume in the global dried herbs market in the years to come. The key factor propelling the region is the economic progress in the countries of China and India, coupled with the boom in food and beverage industry in these countries. The Middle East and Africa is anticipated to be a leading market on account of high production of herbs in the region.
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Leading vendors operating in the global dried herbs market include Kraft Heinz Company, Herbs Egypt, Land Farm, YS INGREDIENTS Co., Nile herbal, Everest spices, Unilever, MDH Spices, and Ajinomoto Co.