Market Overview:
The global dried herb market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for dried herbs from the food industry, medical industry, and cosmetics industry. Additionally, the growing awareness about the health benefits of using dried herbs is also contributing to the growth of this market. On the basis of type, oregano is expected to be one of the fastest-growing segments in this market during 2018-2030. This segment is projected to grow at a CAGR of 6% during this period owing to its numerous health benefits such as reducing inflammation and boosting immunity. On account of its high antioxidant content, rosemary is also anticipated to witness strong growth during 2018-2030.
Product Definition:
Dried Herb is a plant that has been harvested and dried for usage. It can be used for medicinal purposes, as a seasoning in food, or in other ways.
Oregano:
oregano oil benefits and uses in food & beverages, personal care products, pharmaceuticals and nutraceuticals industries.
oregano oil is a strong antioxidant that helps in reducing the risk of heart diseases. It also helps to reduce cholesterol levels and blood sugar levels.
Rosemary:
rosemary is a herb that has woody stem and leaves. The plant is mostly used in cooking as a flavoring agent for vegetables, poultry, and meat. It also acts as an antioxidant and helps in digestion. Rosemary contains terpenoids that are known to have anti-inflammatory properties which help with pain management during cancer treatment along with reducing the risk of heart attack & stroke.
Application Insights:
Food industry application segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The use of dried herbs as flavor enhancers in various food products including soups, sauces, snacks, and meals is expected to drive demand over the forecast period.
The medical industry application segment is anticipated to witness significant growth over the forecast period on account of increasing usage as therapeutic ingredients for treating different diseases such as cardiovascular diseases, respiratory problems like asthma and coughs along with mental disorders like anxiety disorders and depression. Dried herbs are used traditionally by native people in Asia Pacific region for healing purposes due to their high medicinal value which has been recognized by modern science too; this factor is projected to have a positive impact on market growth during the study period.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to high demand for herbs and their derivatives from various application industries. Italy, Germany, France and Spain are some of the major consumers in Europe due to increased consumption of food products and medicines coupled with strong presence of end-use industries such as cosmetics and fragrance industry.
Asia Pacific is anticipated to be one of the fastest growing regional markets during the forecast period owing to rapid development in countries such as China, India Japan Thailand Malaysia Indonesia Singapore South Korea Philippines Vietnam Australia New Zealand Saudi Arabia UAE).
Growth Factors:
- Increasing demand for natural and organic products: The global dried herb market is expected to grow at a CAGR of 6.5% from 2016 to 2021, owing to the increasing demand for natural and organic products.
- Rising awareness about the health benefits of herbs: There is a growing awareness among consumers about the health benefits of consuming herbs, which is driving the growth of the dried herb market.
- Growing popularity of herbal supplements: Herbal supplements are becoming increasingly popular as they offer several health benefits without any side effects, thereby fueling the growth of the dried herb market.
- Rising demand from emerging markets: The demand for dried herbs is rising in emerging markets such as India and China due to an increase in disposable income and changing lifestyles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dried Herb Market Research Report
By Type
Oregano, Rosemary, Sage, Savory, Mint, Thyme, Bay Leaves
By Application
Food Industry, Medical Industry, Cosmetics
By Companies
Archer Daniels Midland Company, Firmenich S A, McCormick and Company, Inc, Kraft Heinz Company, Dohler GmbH, Pacific Botanicals, Mountain Rose Herbs, Van Drunen Farms, British Pepper & Spice company, Archer Daniels Midland Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Dried Herb Market Report Segments:
The global Dried Herb market is segmented on the basis of:
Types
Oregano, Rosemary, Sage, Savory, Mint, Thyme, Bay Leaves
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Medical Industry, Cosmetics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Archer Daniels Midland Company
- Firmenich S A
- McCormick and Company, Inc
- Kraft Heinz Company
- Dohler GmbH
- Pacific Botanicals
- Mountain Rose Herbs
- Van Drunen Farms
- British Pepper & Spice company
- Archer Daniels Midland Company
Highlights of The Dried Herb Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oregano
- Rosemary
- Sage
- Savory
- Mint
- Thyme
- Bay Leaves
- By Application:
- Food Industry
- Medical Industry
- Cosmetics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dried Herb Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dried herbs are a type of spice that is used to add flavor to food. They are usually made from plants that have been dried and then stored in an airtight container.
Some of the major players in the dried herb market are Archer Daniels Midland Company, Firmenich S A, McCormick and Company, Inc, Kraft Heinz Company, Dohler GmbH, Pacific Botanicals, Mountain Rose Herbs, Van Drunen Farms, British Pepper & Spice company, Archer Daniels Midland Company.
The dried herb market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dried Herb Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dried Herb Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dried Herb Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dried Herb Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dried Herb Market Size & Forecast, 2018-2028 4.5.1 Dried Herb Market Size and Y-o-Y Growth 4.5.2 Dried Herb Market Absolute $ Opportunity
Chapter 5 Global Dried Herb Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dried Herb Market Size Forecast by Type
5.2.1 Oregano
5.2.2 Rosemary
5.2.3 Sage
5.2.4 Savory
5.2.5 Mint
5.2.6 Thyme
5.2.7 Bay Leaves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dried Herb Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dried Herb Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Medical Industry
6.2.3 Cosmetics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dried Herb Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dried Herb Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dried Herb Analysis and Forecast
9.1 Introduction
9.2 North America Dried Herb Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dried Herb Market Size Forecast by Type
9.6.1 Oregano
9.6.2 Rosemary
9.6.3 Sage
9.6.4 Savory
9.6.5 Mint
9.6.6 Thyme
9.6.7 Bay Leaves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dried Herb Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Medical Industry
9.10.3 Cosmetics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dried Herb Analysis and Forecast
10.1 Introduction
10.2 Europe Dried Herb Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dried Herb Market Size Forecast by Type
10.6.1 Oregano
10.6.2 Rosemary
10.6.3 Sage
10.6.4 Savory
10.6.5 Mint
10.6.6 Thyme
10.6.7 Bay Leaves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dried Herb Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Medical Industry
10.10.3 Cosmetics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dried Herb Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dried Herb Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dried Herb Market Size Forecast by Type
11.6.1 Oregano
11.6.2 Rosemary
11.6.3 Sage
11.6.4 Savory
11.6.5 Mint
11.6.6 Thyme
11.6.7 Bay Leaves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dried Herb Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Medical Industry
11.10.3 Cosmetics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dried Herb Analysis and Forecast
12.1 Introduction
12.2 Latin America Dried Herb Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dried Herb Market Size Forecast by Type
12.6.1 Oregano
12.6.2 Rosemary
12.6.3 Sage
12.6.4 Savory
12.6.5 Mint
12.6.6 Thyme
12.6.7 Bay Leaves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dried Herb Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Medical Industry
12.10.3 Cosmetics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dried Herb Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dried Herb Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dried Herb Market Size Forecast by Type
13.6.1 Oregano
13.6.2 Rosemary
13.6.3 Sage
13.6.4 Savory
13.6.5 Mint
13.6.6 Thyme
13.6.7 Bay Leaves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dried Herb Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Medical Industry
13.10.3 Cosmetics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dried Herb Market: Competitive Dashboard
14.2 Global Dried Herb Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Daniels Midland Company
14.3.2 Firmenich S A
14.3.3 McCormick and Company, Inc
14.3.4 Kraft Heinz Company
14.3.5 Dohler GmbH
14.3.6 Pacific Botanicals
14.3.7 Mountain Rose Herbs
14.3.8 Van Drunen Farms
14.3.9 British Pepper & Spice company
14.3.10 Archer Daniels Midland Company