Spice & Herbs Extracts Market Research Report by Type, by Product, by Application - United States Forecast to 2025 - Cumulative Impact of COVID-19

January 2021
84 pages
ID: 6014650
Format: PDF
360iResearch

Up to $517 off Until Apr 20th 2021

Summary

Table of Contents

Spice & Herbs Extracts Market Research Report by Type (Essential Oils, Liquid Blends, and Spice Seasonings & Blends), by Product (Basil, Cardamom, Celery, Chili, and Coriander), by Application - United States Forecast to 2025 - Cumulative Impact of COVID-19

Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.

1. The United States Spice & Herbs Extracts Market is expected to grow from USD 46.04 Million in 2020 to USD 62.59 Million by the end of 2025.
2. The United States Spice & Herbs Extracts Market is expected to grow from EUR 40.37 Million in 2020 to EUR 54.88 Million by the end of 2025.
3. The United States Spice & Herbs Extracts Market is expected to grow from GBP 35.89 Million in 2020 to GBP 48.78 Million by the end of 2025.
4. The United States Spice & Herbs Extracts Market is expected to grow from JPY 4,914.66 Million in 2020 to JPY 6,679.94 Million by the end of 2025.
5. The United States Spice & Herbs Extracts Market is expected to grow from AUD 66.87 Million in 2020 to AUD 90.88 Million by the end of 2025.

Market Segmentation & Coverage:
This research report categorizes the Spice & Herbs Extracts to forecast the revenues and analyze the trends in each of the following sub-markets:

"The Spice Seasonings & Blends is projected to witness the highest growth during the forecast period"

Based on Type, the Spice & Herbs Extracts Market studied across Essential Oils, Liquid Blends, and Spice Seasonings & Blends. The Essential Oils commanded the largest size in the Spice & Herbs Extracts Market in 2020. On the other hand, the Spice Seasonings & Blends is expected to grow at the fastest CAGR during the forecast period.

"The Ginger is projected to witness the highest growth during the forecast period"

Based on Product, the Spice & Herbs Extracts Market studied across Basil, Cardamom, Celery, Chili, Coriander, Cumin, Ginger, Oregano, Pepper, and Thyme. The Cardamom commanded the largest size in the Spice & Herbs Extracts Market in 2020. On the other hand, the Ginger is expected to grow at the fastest CAGR during the forecast period.

"The Medicines is projected to witness the highest growth during the forecast period"

Based on Application, the Spice & Herbs Extracts Market studied across Beverage, Food, and Medicines. The Beverage further studied across Alcoholic Beverages, Soft Drinks, and Tea & Herbal Drinks. The Food further studied across Dairy, Dressings & Marinades, Meat & Poultry, and Snacks. The Food commanded the largest size in the Spice & Herbs Extracts Market in 2020. On the other hand, the Medicines is expected to grow at the fastest CAGR during the forecast period.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.

360iResearch™ FPNV Positioning Matrix:
The 360iResearch™ FPNV Positioning Matrix evaluates and categorizes the vendors in the Spice & Herbs Extracts Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

360iResearch™ Competitive Strategic Window:
The 360iResearch™ Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch™ Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:
1. What is the market size and forecast of the United States Spice & Herbs Extracts Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Spice & Herbs Extracts Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Spice & Herbs Extracts Market?
4. What is the competitive strategic window for opportunities in the United States Spice & Herbs Extracts Market?
5. What are the technology trends and regulatory frameworks in the United States Spice & Herbs Extracts Market?
6. What are the modes and strategic moves considered suitable for entering the United States Spice & Herbs Extracts Market?

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