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Study Period | 2019 - 2030 |
Market Size (2025) | USD 16.69 Billion |
Market Size (2030) | USD 23.02 Billion |
CAGR (2025 - 2030) | 6.64 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Spices, Dry Mixes And Extracts Packaging Market Analysis
The Spices, Dry Mixes And Extracts Packaging Market size is estimated at USD 16.69 billion in 2025, and is expected to reach USD 23.02 billion by 2030, at a CAGR of 6.64% during the forecast period (2025-2030).
- Restaurants, convenience stores, caterers, and even online meal delivery services are transitioning from traditional materials like paperboard, Styrofoam, and aluminum to plastic trays. This shift is driven by the growing popularity of ready-made meals, a trend fueled by socioeconomic advancements and evolving lifestyles.
- Consumer demand for easily accessible fresh and frozen foods and dried fruits propels the food trays and bowls market. As consumers grow increasingly environmentally conscious, they fuel the demand for eco-friendly food trays and bowls crafted from sustainable materials like bioplastics and recycled paper. Other driving factors include their visual appeal and user-friendliness.
- With the rising consumption of packaged foods, the food trays market is poised for growth. The growing emphasis on portion control has increased the demand for food trays and bowls designed for accurate meal portioning. An increasing consumer focus on processed and specialty foods further amplifies this potential.
- The market also faces challenges such as moisture sensitivity in spices, and dry mixes can result in clumping, spoilage, and diminished flavor. Packaging must ensure an airtight seal to counteract this, effectively preventing moisture ingress. Spices and extracts can diminish in potency over time when exposed to air and light. Thus, packaging should incorporate barrier properties, safeguard against oxygen and UV light, and maintain the product's integrity.
Spices, Dry Mixes And Extracts Packaging Market Trends
Growing Consumption of Spices, Herbs and Dry Mixes
- Spices and herbs play a pivotal role in the food and beverage industry. This sector promises long-term growth and presents diverse opportunities across various applications. The European market for spices and herbs is expanding, fueled by their functional benefits, a surge in demand for ethnic food and beverages, and a concerted effort by the industry to reduce salt and sugar content.
- As the food and beverage industry flourishes, so does the demand for spices and herbs. While import values for these commodities are projected to see a slight uptick in the coming years, import volumes tend to fluctuate. This volatility doesn't reflect changing demand but relatively unstable production levels in the originating countries. In summary, Europe's spice and herb market is poised for moderate growth in the years ahead.
- Societal shifts drive this demand, such as diversification in food choices, a quest for novel flavors, a heightened appreciation for ethnic cuisine, and the rising significance of processed foods, which often rely on condiments and aromatic herbs. According to the Reserve Bank of India, the value of spices exported from India in 2020 was USD 3.1 billion, reaching USD 3.68 billion in 2023. The rise in the value of spices exported indicates the demand for the spices packaging market.
- The industrial sector's robust demand underscores the popularity of ready-to-use spice blends. This trend is further bolstered by the rising consumption of processed and ready-to-eat meals, which depend on spices and herbs to enhance and preserve flavor.
Asia Pacific Region Poised for Market Growth
- Asia-Pacific boasts a rich tapestry of traditional cuisines, each characterized by distinct flavor profiles and a unique array of spices and extracts. This culinary diversity fuels a robust demand for both indigenous and exotic spices. Furthermore, as urbanization accelerates in nations such as India, China, and Southeast Asia, there's a surging appetite for processed and ready-to-eat foods, many seasoned with a medley of spices and blends.
- Also, packaged spices are gaining popularity as they offer reduced contamination risk. Besides this, the government of India' (GoI) efforts to promote and export spices further support the market expansion of spices. Along with this, the aromatic and flavorful appeal of Indian spices led to widespread adoption among individuals, and the increasing demand for convenient, cost-effective, and high-quality spices available through various distribution channels is propelling the market growth.
- Furthermore, introducing plant growth-promoting rhizobacteria (PGPR) technology enhances germination and shelf life, thereby creating positive market growth across the Indian spices market. Functionality, sustainability, and shelf appeal will continue to be critical factors in the choice of packaging in this market, with formats made from plastic continuing to edge out other materials in most cases.
- There is an expanding international demand for herbs, spices, and essential oils. Social changes, including food diversification, the desire for new flavors, the increasing importance of "ethnic" food, and the increased importance of processed food, which requires condiments and aromatic herbs for its preparation, are driving this demand.
- In January 2024, Vinasamex, a women-owned business in Vietnam, has seen a significant boost from the Asian Development Bank (ADB) and aims to expand to Europe. Vinasamex specializes in manufacturing, trading, and exporting organic cinnamon, star anises, and other spices. Through a blend of networking, consulting, and training, the program aligns with the needs and capabilities of women entrepreneurs, empowering women-led small and medium-sized enterprises (SMEs) to tap into international markets.
- Developing countries have a significant opportunity to benefit from this increasing demand. Many of the products can be sold in a dried form or as extracts (e.g., essential oils), which gives them a high value per unit weight. These products could be a profitable source of diversification for small farmers in developing countries.
![Spices, Dry Mixes And Extracts Packaging Market Trends Spices, Dry Mixes And Extracts Packaging Market: Spices, Dry Mixes, & Extracts Packaging Market - Growth Rate by Region](https://s3.mordorintelligence.com/spices-dry-mixes-and-extracts-packaging-market/1734600990301-spices-dry-mixes-and-extracts-packaging-market-Spices-Dry-Mixes--Extracts-Packaging-Market---Growth-Rate-by-Region.png)
Spices, Dry Mixes And Extracts Packaging Industry Overview
Increasing investments in product capabilities and business expansion by significant vendors, such as Mondi Plc, Amcor Plc, Constantia Flexibles GmbH, Sonoco Products Company, and others, will likely fuel the market throughout the study period. Many market participants are discovering attractive prospects in economies such as China and India, where enormous populations are combined with innovative developments in various industries.
Spices, Dry Mixes And Extracts Packaging Market Leaders
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Mondi Plc
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Sealed Air Corporation
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Sonoco Products Company
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Constantia Flexibles, GmbH
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Amcor Plc
- *Disclaimer: Major Players sorted in no particular order
![Spices, Dry Mixes And Extracts Packaging Market Concentration Spices, Dry Mixes And Extracts Packaging Market Concentration](https://s3.mordorintelligence.com/spices-dry-mixes-and-extracts-packaging-market/1734333618764-spices-dry-mixes-and-extracts-packaging-market-spices-dry-mixes-and-extracts-packaging-market-Competitive-Landscape.png)
Spices, Dry Mixes And Extracts Packaging Market News
- December 2024: Vasant, a cherished name in the spice industry, has spiced up its legacy with a fresh and revamped packaging launch. The new packaging embodies a positive and genuine theme, seamlessly merging tradition with a contemporary flair. While the updated design boasts a modern look, it remains anchored to the brand's foundational values of unparalleled quality and trust.
- July 2024: Spanish firms Carmencita and ITC Packaging have teamed up to reveal groundbreaking paprika packaging. This new design boasts light barrier properties and a dual-sided flip-top cap, aiming to transform the spice aisles in retail stores. The collaboration began with a goal to enhance the traditional two-sided flip tops prevalent in the spice sector. This endeavor culminated in the creation of a hinged dual-sided flip top.
Spices, Dry Mixes And Extracts Packaging Industry Segmentation
Spices are available in whole, ground, and paste forms in consumer and bulk packages. Most traditional packaging materials used in the past, such as paper packaging, tinplate packaging, jute bags, etc., are being replaced by plastic packaging materials. Plastic packaging materials are preferred because they are lightweight, easy to access, compatible, hygienic, machineable, printable, heat sealable, and have selective barrier properties.
The market is segmented by material type (plastic, paper), type of packaging (flexible, rigid), product (bottles and jars, pouches and bags, boxes and cartons, canisters, and other products), end user (restaurant, household, other end-user industries), and geography (North America, Asia-Pacific, Europe, Middle East, and Africa). The report offers market forecasts and size in value (USD) for all the above segments.
Spices, Dry Mixes And Extracts Packaging Market Research FAQs
How big is the Spices, Dry Mixes And Extracts Packaging Market?
The Spices, Dry Mixes And Extracts Packaging Market size is expected to reach USD 16.69 billion in 2025 and grow at a CAGR of 6.64% to reach USD 23.02 billion by 2030.
What is the current Spices, Dry Mixes And Extracts Packaging Market size?
In 2025, the Spices, Dry Mixes And Extracts Packaging Market size is expected to reach USD 16.69 billion.
Who are the key players in Spices, Dry Mixes And Extracts Packaging Market?
Mondi Plc, Sealed Air Corporation, Sonoco Products Company, Constantia Flexibles, GmbH and Amcor Plc are the major companies operating in the Spices, Dry Mixes And Extracts Packaging Market.
Which is the fastest growing region in Spices, Dry Mixes And Extracts Packaging Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Spices, Dry Mixes And Extracts Packaging Market?
In 2025, the Asia-Pacific accounts for the largest market share in Spices, Dry Mixes And Extracts Packaging Market.
What years does this Spices, Dry Mixes And Extracts Packaging Market cover, and what was the market size in 2024?
In 2024, the Spices, Dry Mixes And Extracts Packaging Market size was estimated at USD 15.58 billion. The report covers the Spices, Dry Mixes And Extracts Packaging Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Spices, Dry Mixes And Extracts Packaging Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Spices, Dry Mixes And Extracts Packaging Industry Report
Statistics for the 2025 Spices, Dry Mixes And Extracts Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spices, Dry Mixes And Extracts Packaging analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.