In accordance with this study, the Global Dried Herbs Market value registered in 2019 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2026 with a CAGR of XX% during the period of 2020-2026. Whereas with regards to volume, the market was calculated XX Tons in 2019 and foreseen to touch XX Tons by 2026 with a CAGR of XX% during 2020-2026.
Dried herbs are the herbs in which water is removed from fresh leaves by using drying techniques such as air drying, microwave drying, and vacuum drying so that shelf life could be increased. Dried herbs find ample applications in food processing, cosmetics formulations, and medical remedies.
The increasing demand for processed & convenience food from the food and beverage industry is fueling the market demand. Moreover, rising demand from consumers for dried herbs owing to their longer shelf life which could be used for flavoring and seasoning in foods is further fueling the market growth. Whereas, increasing westernization and urbanization resulting in increasing number of hotels, restaurants, and cafes using dried herbs in sauces, salads, and dressings, are further expected to drive market growth over the forecast period.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of dried herbs.
The study offers a decisive view of the global dried herbs market by segmenting it in terms of type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
- Whole Herbs
- Powdered Herbs
- Food and Beverages
- Cosmetics and Personal Care
This section covers dried herbs market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global dried herbs market along with the individual application segment across all the prominent region.
Global Dried Herbs Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global dried herbs market are Archer Daniels Midland, British Pepper and Spice, Cherry Valley Organics, Dohler, Firmenich, Kraft Heinz, McCormick, Mountain Rose Herbs, Pacific Botanicals, Robertet, Synthite, and Van Drunen Farms. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.