A Study of India's Spices Market 2017 - The Market is Projected to Rea... h ps://www.businesswire.com/news/home/20170621006221/en/St...

A Study of India's Spices Market 2017 - The Market is Projected to

Reach Approximately USD 18 Billion by 2020 - Research and
Markets
June 21, 2017 02:53 PM Eastern Daylight Time

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "A Study of India's Spices
Market 2017" report to their offering.

The Indian spices market is worth INR 40,000 crore annually. Key spices produced in the country include pepper,
cardamom, chilli, ginger, turmeric, coriander, cumin, celery, fennel, fenugreek, ajwain, dill seed, garlic, tamarind, clove,
and nutmeg among others.

The market is largely unorganized and the branded segment makes up about 15%. The branded market is dominated
by players such as MTR, Badshaah, Catch, Everest, Ramdev etc. Recently, Tata Chemicals has launched its spices
brand Tata Sampann Spices.

India exports close to 52 different spices. Spices exports from India grew to USD 626.8 million during the first quarter
of 2015-16 as compared to approximately USD 511.2 million in the same period last year. India exported 215,215
tonnes of spices during the first quarter of FY16 as compared with 213,443 tonnes in the same period last year.

The Indian spices market is projected to reach approximately USD 18 billion by 2020 with growth in the sector is
expected to be led by branded spices and spice mixes. The Indian government is aggressively promoting spice
exports through various initiatives such as setting up of spice parks. Spice Parks offer common processing facilities to
both producers and exporters.

The initiatives and performance of key players Everest Spices, MDH, Eastern Condiments, DS Group - Catch, MTR
along with the current market scenario has also been studied. The report contains latest industry leader's opinion.

Key Topics Covered:

1. Analyst Opinion

2. Global Spice Market

3. India Spice Market

4. Competitive Landscape

5. List of Charts and Graphs

6. Research Methodology

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Companies Mentioned

- DS Group - Catch

- Eastern Condiments

- Everest Spices

- MDH

- MTR

For more information about this report visit https://www.researchandmarkets.com/research/m96mnr/a_study_of

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Related Topics: Spices and Seasonings

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