Europe Dried Herbs Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Type (Marjoram, Basil, Cilantro/Coriander, Parsley, Thyme, Oregano, Bay Leaves, Dill, Spearmint, Peppermint, Chamomile, Hibiscus, and Others)
the Europe dried herbs market size is expected to grow from US$ 628.90 million in 2022 to US$ 894.02 million by 2030; it is expected to register a CAGR of 4.5% from 2022 to 2030.
Market Introduction
Dried herbs and spices are natural and healthy flavor enhancers. They also increase the functional appeal of the food to which they are added. Herbs such as basil, marjoram, bay leaves, ginger, turmeric, parsley, and thyme contain antioxidants, vitamins, and free radicles. They also possess antimicrobial and antibacterial properties that help fight infections; reduce stress, anxiety, and inflammation; and regulate blood sugar levels. Thus, rising interest in home cooking, increasing demand for natural food flavorings, and benefits of dried herbs and spices drive the Europe dried herbs market growth.
The growth of e-commerce has been remarkable due to the digital transformation, which benefits various industries, including herbs & spices. Consumers are increasingly shifting toward online retail channels due to the convenience of remote shopping for a wide range of products. In addition, these platforms provide huge discounts and attractive deals to their customers, which is one of the unique selling propositions (USPs) of e-commerce platforms. Furthermore, these platforms provide detailed product descriptions, customer reviews and ratings, and multiple payment options that help consumers to shop for the desired products hassle-free. Online retail platforms also provide transparency throughout the shopping process, which enhances customer satisfaction. As dried herbs are more expensive than other commodities, customers should be well aware of the ingredients and additives in the products during the purchase. Detailed information about the product and claims such as organic, GMO-free, and allergen-free provided by online retailers help consumers choose the right product. Thus, the benefits of shopping herbs and spices through e-commerce channels will positively impact the Europe dried herbs market in the future.
Key Market Segments
Based on type, the Europe dried herbs market is segmented into marjoram, basil, cilantro/coriander, parsley, thyme, oregano, bay leaves, dill, spearmint, peppermint, chamomile, hibiscus, and others. The oregano segment held the largest share of the Europe dried herbs market whereas thyme segment is projected to register the fastest CAGR over the forecast period. Thyme is an aromatic herb from the mint family. It is an important ingredient in French, Italian, and Caribbean cuisines. Thyme is largely used in meats, gravies, soups, stews, and other recipes to enhance their zest and aroma. It is highly flavorful and does not mask the flavor of other ingredients when used with other herbs and spices. Dried thyme provides numerous health benefits such as alleviating headaches, increasing focus and concentration, reducing stomach pain, and fighting acne and other skin ailments. Therefore, consumers prefer herbal teas infused with dried thyme. It is also used in oils and vinegar to impart a specific flavor to various recipes, especially salads. Dried thyme is used in a variety of dishes such as roasted chicken, lamb, cheesy dishes such as macaroni, mushroom soups, fish, and pesto sauce. Thus, the use of dried thyme in various dishes is expected to drive the thyme segment growth in the Europe dried herbs market over the coming years.
Major Sources and Companies Listed
A few major primary and secondary sources referred to while preparing the Europe dried herbs market report are company websites, annual reports, financial reports, national government documents, and statistical databases. Koninklijke Euroma BV, Sonnentor Krauterhandels GmbH, McCormick & Co Inc, Kotanyi GmbH, Verstegen Spices & Sauces UK Ltd, Steenbergs Ltd, Shender Group Ltd, Country Products Ltd, Tongmaster Seasonings Ltd, and Forest Whole Foods Ltd are the major companies listed in the report. These companies face competition on the basis of a wide product portfolio. Moreover, companies are adopting various development strategies to enhance their market share.
Reasons to Buy Report
- Understand the Europe dried herbs market landscape and identify segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in the region.
- Efficiently plan mergers and acquisitions and partnership deals in the Europe dried herbs market by identifying market segments with the most promising probable sales
- Make knowledgeable business decisions from a wise and comprehensive analysis of the performance of various market segments.
- Obtain market revenue forecast for market by various segments for the period of 2020-2030
Europe Dried Herbs Market – by Type
- Marjoram
- Basil
- Cilantro/Coriander
- Parsley
- Thyme
- Oregano
- Bay Leaves
- Dill
- Spearmint
- Peppermint
- Chamomile
- Hibiscus
- Others
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Dried Herbs Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 List of Vendors
5. Europe Dried Herbs Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Home Cooking Trend
5.1.2 Surging Demand for Organic Dried Herbs
5.2 Market Restraints
5.2.1 Stringent Regulatory Framework
5.3 Market Opportunities
5.3.1 Increasing Preference for Sustainably Sourced Herbs and Sustainable Packaging
5.4 Future Trends
5.4.1 Escalating Online Sales of Herbs and Spices
5.5 Impact of Drivers and Restraints:
6. Europe Dried Herbs Market - Regional Market Analysis
6.1 Europe Dried Herbs Market Revenue (US$ Million), 2020 – 2030
6.2 Europe Dried Herbs Market Forecast and Analysis
7. Europe Dried Herbs Market Analysis - Type
7.1 Type Market Forecasts and Analysis
7.2 Marjoram
7.2.1 Overview
7.2.2 Marjoram Market Revenue and Forecast to 2030 (US$ Million)
7.3 Basil
7.3.1 Overview
7.3.2 Basil Market Revenue and Forecast to 2030 (US$ Million)
7.4 Coriander/Cilantro
7.4.1 Overview
7.4.2 Coriander/Cilantro Market Revenue and Forecast to 2030 (US$ Million)
7.5 Parsley
7.5.1 Overview
7.5.2 Parsley Market Revenue and Forecast to 2030 (US$ Million)
7.6 Thyme
7.6.1 Overview
7.6.2 Thyme Market Revenue and Forecast to 2030 (US$ Million)
7.7 Oregano
7.7.1 Overview
7.7.2 Oregano Market Revenue and Forecast to 2030 (US$ Million)
7.8 Bay Leaves
7.8.1 Overview
7.8.2 Bay Leaves Market Revenue and Forecast to 2030 (US$ Million)
7.9 Dill
7.9.1 Overview
7.9.2 Dill Market Revenue and Forecast to 2030 (US$ Million)
7.10 Spearmint
7.10.1 Overview
7.10.2 Spearmint Market Revenue and Forecast to 2030 (US$ Million)
7.11 Peppermint
7.11.1 Overview
7.11.2 Peppermint Market Revenue and Forecast to 2030 (US$ Million)
7.12 Chamomile
7.12.1 Overview
7.12.2 Chamomile Market Revenue and Forecast to 2030 (US$ Million)
7.13 Hibiscus
7.13.1 Overview
7.13.2 Hibiscus Market Revenue and Forecast to 2030 (US$ Million)
7.14 Others
7.14.1 Overview
7.14.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Dried Herbs Market - Geographical Analysis
8.1 Europe Dried Herbs Market, Revenue and Forecasts To 2030
8.1.1 Overview
8.1.2 Europe Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3 Europe Dried Herbs Market Revenue and Forecasts and Analysis - By Countries
8.1.3.1 Dried Herbs Market Breakdown by Country
8.1.3.2 Germany Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3.2.1 Germany Dried Herbs Market Breakdown by Type
8.1.3.3 UK Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3.3.1 UK Dried Herbs Market Breakdown by Type
8.1.3.4 Italy Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3.4.1 Italy Dried Herbs Market Breakdown by Type
8.1.3.5 Russia Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3.5.1 Russia Dried Herbs Market Breakdown by Type
8.1.3.6 Rest of Europe Dried Herbs Market Revenue and Forecasts to 2030 (US$ Million)
8.1.3.6.1 Rest of Europe Dried Herbs Market Breakdown by Type
9. Europe Dried Herbs Market – Impact of COVID-19 Pandemic
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Company Profiles
11.1 Koninklijke Euroma BV
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sonnentor Krauterhandels GmbH
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 McCormick & Co Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Kotanyi GmbH
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Verstegen Spices & Sauces UK Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Steenbergs Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Shender Group Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Country Products Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Tongmaster Seasonings Ltd
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Forest Whole Foods Ltd
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About Us
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Dried Herbs Market Segmentation
Table 2. List of Vendors
Table 3. Europe Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) –Type
Table 5. Germany Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 6. UK Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 7. Italy Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 8. Russia Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 9. Rest of Europe Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 10. Company Positioning & Concentration
Table 11. Glossary of Terms, Europe dried herbs market
LIST OF FIGURES
Figure 1. Europe Dried Herbs Market Segmentation, By Geography
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Dried Herbs Market
Figure 4. Europe Dried Herbs Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Dried Herbs Market Revenue (US$ Million), 2020 – 2030
Figure 7. Dried Herbs Market Share (%) – Type, 2022
Figure 8. Marjoram Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Basil Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Coriander/Cilantro Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Parsley Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Thyme Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Oregano Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Bay Leaves Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Dill Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Spearmint Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Peppermint Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Chamomile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Hibiscus Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Europe Dried Herbs Market Breakdown by Geography, 2022 and 2030 (%)
Figure 22. Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Dried Herbs Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Germany Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. UK Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Italy Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Russia Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Rest of Europe Dried Herbs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Pre and Post Covid-19 Impact: Europe Dried Herbs Market
Figure 30. Heat Map Analysis by Key Players
- Koninklijke Euroma BV
- Sonnentor Krauterhandels GmbH
- McCormick & Co Inc
- Kotanyi GmbH
- Verstegen Spices & Sauces UK Ltd
- Steenbergs Ltd
- Shender Group Ltd
- Country Products Ltd
- Tongmaster Seasonings Ltd
- Forest Whole Foods Ltd
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe dried herbs market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.