Global Organic Spices Market Value Projected to Expand by 2025
According to a new report published by Allied Market Research titled, " Organic Spices Market by Product Type, Form, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019 - 2026 ," the global organic spices market size was valued at $272.8 million in 2018, and is projected to reach $406.6 million by 2026, growing at a CAGR of 5.1% from 2019 to 2026. In 2018, North America accounted for nearly 30.64% share of the organic spices market. According to the USDA, the organic food segment is the fastest growing segment in the food & beverages industry in terms of value sales. North America is the dominant region in the global organic food & beverages market, owing to rise in number of health-conscious consumers seeking healthy and clean label food products in their day-to-day life. Apart from North America, other key countries around the globe have witnessed a gradual shift in preference for healthy food products, which includes organic fo...