Indian Organic Spices – Global Market, Drivers, Size

Nov 9,2021 / By Tradologie / No Comment

Spices have been traded since ancient times and India has been at the helm of this trade. It all started with Portuguese navigator Vasco de Gama making the first sea voyage from Europe to India in 1498 and opening up trade routes. At present, India grows more than 60 different kinds of spices and produces 60 lakh MT, of which 11 percent is exported to more than 150 nations. Today, the country is the largest exporter of spices followed by Vietnam and China. The exquisite taste, aroma, texture and medicinal properties of black pepper, cardamom, cumin seed, mustard seed and fenugreek are nurtured mostly in small land holdings and organic farms in the country.
In FY 2020, the Indian organic spices market stood at 200 million dollars with an estimated CAGR of 11 percent over the next five years. This buoyant growth rate is mainly being driven by the increasing awareness among end-users about the harmful effects of chemicals, pesticides and additives on health.

Agri Commodities Spices

Spices Importing Countries from India: Overview

Nov 1,2021 / By Tradologie / No Comment

India – known as the land of exotic spices – has a well-documented trading history with many civilizations of the world since ancient times. The earliest trade routes connected the country with Europe, the Middle East, and the rest of the world and have been in use for centuries.

Agri Commodities Spices

Impact of Covid-19 on Spices Exports

Sep 3,2021 / By Tradologie / No Comment

The outbreak of corona has impacted the demand and supply industry. The borders of the countries were closed, which concluded in high demand and less supply. This situation affected almost every industry in the world. However, Covid-19 also brought in opportunities for various industries, including Spices Industry. Considering the ill-effects of corona on a person’s health and in order to increase a person’s immunity, numerous Health Experts worldwide suggested adding some specific spices to the meal. This boomed up the demand for Spices worldwide, which eventually boosted the Spices Industry in many good ways. Indian Spices Industry, being the largest exporter of Spices in the world, was impacted hugely by the pandemic, thankfully in a positive manner.

Agri Commodities Spices

Top 5 Spice Producing Countries During 2020

Aug 27,2021 / By Tradologie / No Comment

Spices are the agri-commodities which are not only essential for food but also very high in demand internationally. There are huge markets for spices worldwide where importing and exporting Spices is a remarkable business for evaluators, importers, Spice Exporters, and manufacturers.

Agri Commodities Spices

Indian Spices Industry: 5 Interesting Things You Need To Know

Aug 17,2021 / By Tradologie / No Comment

A spice is a seed, fruit, bark, root, or other plant substance used for flavoring or coloring food. Spices are different from herbs, which are the leaves, flowers, or stems of plants used for flavoring or as a garnish. In India, spices are considered as warm and “Masaley”. The Indian spices industry is one of the biggest industries in the world that makes it the biggest producer and one of the largest exporters across the globe. According to the latest research, India has exported spices worth US$ 3.63 billion in 2020 through various digital e-commerce B2B platforms.

Agri Commodities Spices

Global Spice Market Overview

Aug 11,2021 / By Tradologie / No Comment

Spices are the edible portion of plants that have healing properties and can radically change the flavor and aroma of a cuisine. It is becoming more integrated with wellbeing. The retail food producers have expanded the application of spices and seasonings to match the taste and preferences of the many ethnicities of consumers across the world, propelling the industry ahead. Here, you’ll get deep insights into the global market of spices.

Agri Commodities Spices

Why is India called “The Land of Spices”?

Jun 30,2021 / By Tradologie / No Comment

India is considered ‘The Land of Spices’ as Indian Spices are world-famous for their flavor and fine texture.

The glory of Indian spices prevails all over the world and that helps India holding a commanding position in the global spice trade.

Manufacturing Process of Spices and Its Benefits

Mar 2,2021 / By Tradologie / No Comment

A spice is a bark, root, flavoring agent, seed, fruit, and other plant products that enhance the aroma and taste of the food. India is often called ‘The Land of Spices.’ The history of spices dates back to the Indus Valley civilization 4000 years ago. Spices were among the few grounds for outsiders to conquer India. Most spices in India are used in powder or seed form. Some popular spice yields in India are Turmeric, Cardamom, White Pepper, Black Pepper, Clove, and Cumin. Spices from India are still in high demand in the international market. Punjab, Kerala, Gujarat, and some north-eastern states of India are the most popular for the cultivation of spices. Top Importers of spices are the USA, Hong Kong, Vietnam, China, UK, Bangladesh, Thailand, Malaysia, Sri-Lanka, and UAE. In the fiscal year 2019, the export values of spice sum up to 231 million Rupees. The annual turnover of spice in India increases by 40,000 crores. The expansion of the spice business is a 7% gain in volume, 8% gain in currency.

Agri Commodities Spices

History of Spices in India, Trade Status and Its Benefits

Jan 5,2021 / By Tradologie / No Comment

India has been known as the land of spices from time immemorial. So what exactly are the spices? Spices are essentially vegetable products used for the seasoning and flavoring of foods. In the market, it can be found in powdered or seed form. Spices are added to improve the nutrition and flavor of the food.

Category : Spices