Europe Dried Herbs Market

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

Europe Dried Herbs Strategic Insights

Strategic insights for the Europe Dried Herbs provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Dried Herbs Report Scope

Europe Dried Herbs Regional Insights

The geographic scope of the Europe Dried Herbs refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.