India Spice & Spice Mixes Market Scenario Analysed by Ken Research Private in Its Comprehensive Report Published at MarketPublishers.com
14 Jan 2016 • by Natalie Aster
LONDON – India has always been one of the largest producers of spices from pole to pole. From 2010 till 2015, the local production of spices demonstrated a moderate increase. Owing to high soil fertility and recent successful irrigation projects, the state of Gujarat state continues to hold the dominant position in terms of spices output volumes in the total Indian spice production.
Nowadays, the demand for spices, spices mixes, spice oils and oleoresins is gaining traction at a swift pace, propelled mainly by the enhancing demand for a diversity of traditional cuisines of various ethnic groups and cultures. Chilly holds the lion’s share of the overall Indian spice production. This spice is especially popular in curried cuisines.
The demand for spices in India is poised to follow a growing trend in the upcoming years, spurred by the surging demand for food in the country. Accordingly, the revenues generated from the spices sales in the country are anticipated to see considerable growth in the years ahead. In FY 2020, the revenues of the Indian spice industry will likely amount to USD 18 billion.
The research report “India Spice and Spice Mixes Market” prepared by Ken Research Private Ltd contains an all-round analysis of the spices and spice mixes market performance in India. The report discloses details on the market size, segmentation, volume and value, uncovers statistics on exports and imports. This research study characterizes the current situation in the country’s spices and spice mixes market, gives historical insights, highlights possible future development trends and outlines the market prospects through 2020. SWOT analysis and an insightful overview of India’s spices and spice mixes market growth restraints and drivers are at hand in the report. The study includes a granular discussion of the competitive landscape and major market participants’ performance. In addition, this in-demand report provides vital data and recommendations for companies planning to start-up a spice processing plant in the country.
India Spice and Spice Mixes Market Outlook to 2020 - Rise in Exports and Initiation of Spice Parks to Shape Future Growth
Published: July, 2015
Price: US$ 1,200.00
More insightful research studies by the publisher can be found at Ken Research Private page.