Indian Spice Industry Investment Landscape
Overview of Indian Spice industry
India Market
India, known as the home of spices, boasts a long history of trading
with the ancient civilizations of Rome and China.
Today, Indian spices are the most sought-after globally, given their
exquisite aroma, texture, taste and medicinal value. India has the
largest domestic market for spices in the world.
Traditionally, spices in India have been grown in small land holdings,
with organic farming gaining prominence in recent times.
India is the world's largest producer, consumer and exporter of spices;
the country produces about 75 of the 109 varieties listed by the
International Organization for Standardization (ISO) and accounts for
half of the global trading in spices.
Top 10 Spices (by Production 2019-2020)
2,149
1,611
Chillies
Garlic
Production Projection
10.25
Turmeric
1,133 1,118
710
689
201
104 66
28
Ginger
Coriander
Cumin
Taramind
■(in 1,000 metric tons)
9.1% CAGR
Fennel
Pepper
Cardamom
Production volume Of Spices In India
India is the largest producer of Chilli, Turmeric & Ginger.
Rajasthan produced over 980 thousand metric tons of spices in 2019-
20, making it the largest producer of spices in India.
Gujarat ranked second with 760.5 thousand metric tons, with Andhra
Pradesh third, producing 747.45 thousand metric tons.
The volume of production has increased in India due to a variety of
end user industries including bakeries, cosmetics, pharmaceuticals
and the most prominent one: food & beverage industry.
AL CONSULTING
2019-2020
15.85
2024-2025 E
(in 1,000 metric tons)
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