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Global Boom in Spice Oils & Oleoresins: A Flavor Goldrush Masking a Supply Nightmare – FMIBlog
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Global Boom in Spice Oils & Oleoresins: A Flavor Goldrush Masking a Supply Nightmare – FMIBlog
A Market in Overdrive with Hidden Risks The global market for spice oils and oleoresins market is in full acceleration—expected to grow from USD 35.98 billion in 2025 to USD 76.95 billion by 2035, at a solid 7.9% CAGR, according to Future Market Insights (FMI). This surge is driven by rising demand for clean-label, natural ingredients across food, beverage, nutraceutical, personal care, and pharmaceutical industries. But while market numbers daz…
Top 10 Spices Producing Countries: The World’s Flavor Masters
Top 10 Spices Producing Countries: The World’s Flavor Masters Spices have been integral to global cuisine, trade, and culture for centuries, enriching food with flavor, aroma, and health benefits. In 2023, the global spices market was valued at $18 billion, with expectations to grow at a CAGR of 5.1%, reaching approximately $24 billion by 2030. Spices are not only culinary staples but also vital ingredients in the wellness, pharma…
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