Published on : Jan 17, 2019
Albany, New York, January 17, 2019: Consumers’ preference towards following a healthy lifestyle is gradually increasing, with a lot of them switching to organic products, dried herbs being one of them. These herbs are being used extensively in the B2B sector in formulating cosmetics, medical products, and even food processing.
Since there is a growing inclination towards clean label and organic products, a lot of the manufacturers are eliminating harmful ingredients from their products and are incorporating organic dried herbs in their products to cater to the demands of the consumers.
The aforementioned insights are taken from the report titled, “Dried Herbs Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” included recently in the extensive repository of Market Research Hub’s (MRH).
The dried herbs market is witnessing a significant growth owing to various factors such as rise in the demand for processed and convenience food, longer shelf life of dried herbs, health benefits of dried herbs and also the technological advancements taking place in the health food sector. By 2026, the dried herbs market is predicted to be worth $4,162.7 million, growing at an impressive CAGR of around 5%.
Busy and hectic lifestyle has led many consumers preferring ready-to-eat meals which requires minimum time and efforts for preparation. Moreover, the surge in the demand for processed foods such as beverages, snacks, and pickles have resulted in the increased demand for dried herbs that are used to improve the flavor of such products.
Rise in urbanization, westernization, and increase in disposable incomes have resulted in consumers frequently visiting restaurants and hotels, which has further led the demand for dried herbs. Chefs are using dried herbs in various meals such as salads, soups, sauces, and dressing to enhance the flavor.
Dried Herbs Market: Gist of the Report
This detailed report studies the dried herbs industry at a global and regional level. Evaluation has been provided on the market for forecast period 2018 and 2026. This market research report also offers detailed analysis of the essential dynamics, including drivers, challenges, restraints, and opportunities affecting growth of the dried herbs market. Micro- and macro-economic factors affecting the dried herbs market have been studied in this market report. The study provides a comprehensive analysis & prediction of the dried herbs market based on segmentation.
Regional split of the bridge bearings market includes, Middle-East & Africa, Europe, North America, Asia Pacific, and Latin America. Country-level predictions has also been provided for the dried herbs market. The dried herbs study also covers detailed competitive landscape assessment of the dried herbs market, wherein key players present in the market have been described. A SWOT analysis of all the market players covered has also been included in important areas of the report.
Dried Herbs Market: Competitive Landscape
The competition landscape covered in the report focuses on offering details on the policies and plans of key players present in the dried herbs market. The study also included market participants that develop and sell dried herbs. Additionally, to help the buyers, key details such as – key growth plans, SWOT analysis, and market shares, of the participants are included in the market research report.
Companies who are entering the market along with established players in the market will have an added benefit with the policies of the players included in the final section of the dried herbs market report.
Key market players are Catz International B.V., The Kraft Heinz Company, Cherry Valley Organics, McCormick & Company Inc., International Taste Solutions Ltd, Robertet SA, Synthite Industries Ltd, Firmenich S A, Archer Daniels Midland Company, Pacific Botanicals, Takasago International corporation, Mountain Rose Herbs, British Pepper & Spice company, and Van Drunen Farms.
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