Europe Spice and Herb Extracts Market - Growth, Trends and Forecasts (2020 - 2025)

Pepper holds the largest market by Source in the European Spice and Herb extract market. It holds almost 30% of the market share. The four marketed type of pepper are black, white, red and green. Pepper grows in areas with humid tropics, adequate rainfall and proper warmth for its growth. In 2016 there was a declining trend for black and white. They faced a decline of 11% and 9% respectively. The increased production and export in Vietnam and the dropped productions in other countries were the major reasons. Germany, UK, France and Spain are the major markets of pepper extracts. Netherlands is the major re-exporter of the product. 

Europe is the largest market for spice and herbs extracts globally. Despite low production, Europe is much inclined towards the import of spice, herbs and their extracts from developing region such as Asia-Pacific and the Middle East and Africa. Germany dominates the European market by holding a major share of around 30%. Changing consumer taste preferences, healthy living habits, and convenience are the primary factors driving the spice and herbs extract market in Germany. Germany is the largest importer of spice in Europe holding a share above 25%. Another growing trend in the country is the inclination towards the Asian cuisines such as Chinese, Continental, Japanese etc. The major spices consumed in Germany are peppers and allspice, while major herbs consumed are thyme and oregano.