Spice and herb market - statistics & facts
Herbs and spices are incredibly diverse and are often used in cooking, for health, and other purposes. Leafy greens with aromatic or fragrant properties are generally herbs, and any other part of a plant, such as seeds, stems, or bark, are defined as spices. Demand for herbs and spices is increasing worldwide, leading to annual growth of 6.44 percent (CAGR 2023-2028) in market size. East Asia and North America each hold significant shares of the global herb and spice market accounting for 29 and 11 percent of the market, respectively. Although online sales of spices and herbs grew significantly during the COVID-19 pandemic, direct selling are still the predominant sales channel, making up almost two-thirds of the global herbs and spices market.
