Fresh Herbs Market Share, Top Competitor, Regional Portfolio, and Forecast 2030
Fresh Herbs Market Scope
Market Research Future (MRFR) presumes that the fresh herbs
market will be reaching USD 1,679.5 Million by 2030. During the analysis
timeline (2022-2030), the market growth rate will be 4.15%, predicts MRFR.
Top Boosters and Key Restraints
Fresh herbs have several health benefits, with a few that
help in the prevention of cancer while a others help restrict bacterial growth.
Most of the fresh herbs have elements that neutralize carcinogens. Fennel is
one of the most commonly preferred herbs among consumers, as it has
anti-inflammatory features. Herbs like basil, chives, parsley, coriander, and
mint are also very popular due to the several health benefits these possess.
Whole packed, potted, and cut packed varieties are abundantly available in the
market. The growing appeal of a variety of cross-cultural cuisines and the
mounting demand for packaged fresh herbs should elevate the market position in
the following years.
Majority of the crop growers constantly seek new methods to
bolster profits while diversifying their operations. A mounting number of
farmers are working on supplementing their profits by focusing on small-scale
acreages of high-value crops like fresh herbs. This scenario is further favored
by the dramatic rise in the demand for fresh herbs across the globe. The surge
in globalization further fosters the demand for cuisine from different areas,
which will ultimately enhance the fresh
herbs market share in subsequent years.
The fast-expanding foodservice business worldwide, fueled by
consumers eating out instead of cooking at home, will boost market demand in
the future. In view of the soaring consumer awareness and rising focus on their
health, organic products are enjoying massive demand in the market. This will
be extremely favorable for the fresh herbs market share in the next several
years.
Top Companies
Vitacress (UK), Nomad Foods (UK), Rocket Farms (US), Organic
Herb Trading Company (UK), Pacific Botanicals (US), Spisa Group (Sweden),
Langmead Herbs (UK), Al-Hanin Herbs (Egypt), Shenandoah Growers, Inc. (the US),
Van Vugt Kruiden (Netherlands), are the major fresh herbs producers in the
worldwide market.
Segmental Review
The type-wise segments in the report are basil, chives, coriander,
parsley, mint, salicornia, and more. The top spot in the fresh
herbs market research has been taken by the basil segment, while the chives
segment will achieve the fastest growth rate of 4.9% in the future. Chives are
extensively used in the preparation of soups, fish, and potatoes and will
continue to enjoy a huge demand over the coming years.
The categories covered in the review study are organic as
well as conventional. Despite the conventional herbs segment taking the lead,
the fastest growing segment will be organic herbs, thanks to the surging
consumer preference for natural food items in Europe as well as North America.
Organic food products are known for their ability to enhance immunity levels
and are mostly chemical-free.
The major distribution channels in the fresh herbs market
include food retail along with foodservice. The biggest segment is foodservice,
as the sector is expanding rapidly across the world and generates significant
demand for a variety of fresh herbs.
Regional Insight
Asia Pacific will clinch the top spot in the years ahead,
attaining a valuation of USD 356.19 million by 2030, with China standing at the
vanguard of the business expansion. Fresh herbs find substantial use in various
Southeast Asian dishes and cuisines. In particular, Thailand, Laos, Cambodia,
and Vietnam generate considerable demand for leafy fresh herbs. Fresh herbs
require effective post-harvest management, and the region’s high fertility
rate, rich soil structure, ideal sunlight, and temperature encourage the same.
Europe will record the fastest advancement rate in the
following years, as a result of the heightened demand for fresh culinary herbs
that are organic or natural. The fresh herbs experiencing booming sales in the
region are mint, basil, and parsley. The popularity of numerous cooking
programmes coupled with online cooking tutorials on social media channels adds
to the fresh herbs market share as well.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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Market Research Future (part of Wantstats Research and
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