Global Curry Powder
Market Report
2024
The Global Curry Powder market size is USD 0.62 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Curry Powder market size is USD 620 Million in 2023 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Curry Powder Market Sales Revenue 2023 | $ 0.62 Billion |
Global Curry Powder Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
Market Split by Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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Market Split by Packaging |
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Market Split by Form |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Curry Powder Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Cultural diversity and migration significantly impact the curry powder market. As people from diverse backgrounds move to new regions, they bring their culinary traditions, including the use of curry powders. This creates a demand for these products in non-traditional markets. Curry powder manufacturers often adapt their offerings to cater to these varied tastes, leading to a broader range of product choices and increased market growth driven by cultural exchange and migration.
For instance, in January 2020, Kudumbashree launched 13 branded curry items, including Chilly powder, coriander powder, turmeric powder, rice powders, sambar powder, vegetable masala, fish masala, meat masala, chicken masala, atta etc are ready for sale.
The curry powder market experiences a surge in product launches during festive seasons. This trend is driven by heightened consumer demand for ingredients to prepare traditional and celebratory dishes. Manufacturers capitalize on this opportunity to introduce special edition curry powders, enticing consumers with unique flavors and packaging. These limited-time offerings often increase sales and brand visibility during festive periods, aligning with the cultural significance of flavorful cuisine during celebrations.
For instance, in October 2023, JK Masale launched spice mixes to add flavor to the festive season. The company has introduced a new set of 4 spice mixes under the brand’s name blended spices –Pani Puri Masala, Tikka Masala, Curry Powder, and Royal Garam Masala of products to ensure that pujo is all things fun and spicy.
The curry powder market is witnessing a surge in demand for eco-friendly packaging due to growing environmental awareness. Consumers are increasingly favoring sustainable options like biodegradable and recyclable packaging materials. This trend is driven by a desire to reduce the carbon footprint of food products, leading to a shift in the curry powder industry towards more environmentally responsible packaging solutions.
For instance, in May 2020, Keejays launched new packaging for Goldfish Brand's Curry Sauce Concentrate range. The pots will switch from black plastic bases to cream, eliminating all black plastic from the packaging and making recycling easier.
Health and dietary concerns have driven a shift in the curry powder market. Consumers now demand healthier and more diverse options. Many seek low-sodium, organic, or gluten-free alternatives to traditional blends. Moreover, growing interest in plant-based diets has led to an upsurge in curry powders that cater to vegan and vegetarian preferences. These changes reflect a broader trend towards mindful eating, offering various flavorful, health-conscious choices in the evolving curry powder market.
The COVID-19 pandemic significantly impacted the curry powder market. Lockdowns and disrupted supply chains affected production and distribution, causing sporadic shortages. However, increased home cooking during the pandemic boosted demand as consumers sought to replicate restaurant-style dishes. Health consciousness and the perceived immune-boosting properties of curry ingredients also contributed to market growth. Online sales and e-commerce played a crucial role in reaching consumers during lockdowns. The market displayed resilience and adaptability during the pandemic, reflecting changing consumer preferences.
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The major players rapidly evolve with new strategies to attain a competitive edge and capture significant market share. The major participants in the curry powder market emphasize expanding creative offerings to serve a large consumer base and gain a competitive benefit.
(Source: www.chesterstandard.co.uk/news/23099538.chester-graduate-launches-curry-paste-business/)
Top Companies Market Share in Curry Powder Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for a share of around 38% of the global revenue due to increasing consumer interest in diverse cuisines and flavors, coupled with a growing awareness of the health benefits of certain spices in curry powders, is fueling demand. The region's rising population and income levels are boosting consumption. Furthermore, globalization and the availability of a wide variety of curry powder blends, including regional and specialty options, are stimulating market growth.
North America is the fastest-growing category due to the region's evolving consumer preferences for diverse and globally inspired cuisines. As consumers seek new and exciting flavors, curry powder's versatility and rich taste profiles have gained popularity. Additionally, increasing awareness of its potential health benefits, including anti-inflammatory properties, has further boosted demand.
The current report Scope analyzes Curry Powder Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, North America is the fastest-growing region in the market in 2023 and accounted for a share of more than 28% of the global revenue due to shifting consumer tastes and preferences. Increased interest in diverse and global cuisines has increased demand for this versatile spice blend. Additionally, curry powder is recognized for its potential health benefits, such as anti-inflammatory properties, which have further accelerated its popularity. As consumers explore a wider range of flavors and international dishes, the North American curry powder market continues to expand rapidly. According to Cognitive Market Research, retail giants are significant growth drivers, offering various curry powder brands and varieties, catering to diverse consumer preferences. The convenience and accessibility of these retail outlets make it easier for consumers to explore and purchase curry powder. In conclusion, the North American curry powder market shows robust growth due to changing culinary preferences.
According to Cognitive Market Research, the European market held a considerable share in 2023 and accounted for a share of approximately more than 25% of the global revenue due to the growing trend of multicultural cuisine, where consumers seek to explore diverse flavors and experiment with international dishes. The rising popularity of plant-based diets and veganism also contributes, as curry powder is often used to enhance vegetarian and vegan recipes. According to Cognitive Market Research, there is a growing popularity of liquid curry sauces and pastes. Consumers are increasingly gravitating towards convenient and ready-to-use curry products offering quick meal solutions. Liquid curry options provide a time-saving alternative, making it easier for individuals to enjoy the complex flavors of curry without the need for extensive preparation. This shift in preference towards liquid curry products is stimulating the growth of the European curry powder market. In conclusion, the European curry powder market consistently grows, reflecting the region's increasing multiculturalism and culinary experimentation. It promises continued expansion and diversification.
According to Cognitive Market Research, Asia Pacific dominated the market in 2023 and accounted for a share of more than 34% of the global revenue due to the region's deep-rooted culinary traditions and a growing global interest in Asian cuisine. Curry powder, a staple in many Asian dishes, has become a sought-after product both domestically and internationally. Rising disposable incomes, urbanization, and a desire for convenience cooking have expanded the market. Furthermore, increasing health consciousness among consumers, driven by the perceived health benefits of certain curry spices, is spurring demand for curry powder in the region. According to Cognitive Market Research, the convenience and longer shelf life of bottled curry powder have increased its appeal to consumers, especially in fast-paced urban lifestyles. This trend aligns with the growing popularity of ready-to-use culinary products, making bottled curry powder a significant growth factor in the Asia Pacific market. In conclusion, the Asia Pacific curry powder market is robust, driven by regional culinary diversity and expanding global exports.
According to Cognitive Market Research, Latin America accounted for a share of more than 5% of the global revenue in 2023 due to the region's growing multicultural influences and changing culinary tastes. As Latin American consumers increasingly embrace global flavors and diverse cuisines, curry powder has found a place in their kitchens. The fusion of local ingredients with exotic spices offers unique and appealing taste experiences. A rising interest in healthier eating further bolsters this trend, as curry spices are associated with potential health benefits, contributing to the market's expansion. According to Cognitive Market Research, the region's expanding middle-class population increasingly embraces international cuisine, including dishes featuring curry powder. The rising popularity of fusion and gourmet foods further accelerates this trend. Manufacturers are capitalizing on this demand by producing innovative curry powder variants catering to diverse tastes. In conclusion, the curry powder market shows growth potential, driven by multicultural culinary influences and consumers' growing appetite for diverse flavors and dishes.
According to Cognitive Market Research, the Middle East and Africa d accounted for a share of more than 4% of the global revenue in 2023 due to a growing trend in the region for fusion cuisine. As consumers increasingly explore diverse culinary experiences, the versatile nature of curry powder has made it a sought-after ingredient, contributing to its rising demand. The MEA region's rich heritage of spices and flavors has also played a pivotal role, as consumers appreciate the authenticity and depth of taste that curry powder adds to their dishes. According to Cognitive Market Research, the versatility of curry powder in enhancing traditional Middle Eastern and African dishes has made it a staple in local kitchens. The growing trend of international food fusion, coupled with a rising interest in convenience cooking, is boosting the demand for curry powder in powdered form, meeting the diverse culinary needs of the MEA region's consumers. In conclusion, the MEA curry powder market shows potential for growth due to increasing culinary diversity and flavor preferences.
Global Curry Powder Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Curry Powder Industry growth. Curry Powder market has been segmented with the help of its Type, Application Distribution Channel, and others. Curry Powder market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the without additive type held a consequential market stake due to consumers' growing interest in diverse and authentic global cuisines. This demand for exotic flavors and convenience leads to increased curry powder sales. Additionally, health-conscious consumers are seeking spices with potential health benefits, further boosting this market.
The additive type is the fastest-growing category as consumers increasingly demand additives like preservatives and flavor enhancers in curry products, boosting market expansion. These additives extend shelf life and improve taste, aligning with consumer preferences for convenience and flavor consistency. As a result, the additive segment within the curry powder market continues to thrive, driven by the evolving needs of modern consumers.
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Food services held a significant market share due to shifting consumer preferences for diverse and globally inspired flavors. The key driver behind this trend is the growing appreciation for multicultural cuisines and the desire to offer unique and exciting menu options. As customers seek novel taste experiences, curry powder has become a versatile and popular ingredient, spurring its increased use in restaurants, cafeterias, and catering services, ultimately fueling growth in the curry powder market.
According to Cognitive Market Research, food processing is the fastest-growing category as curry powder is a versatile spice blend that enhances flavor and convenience in various processed foods, including ready-made sauces, snacks, and frozen meals. As consumers seek diverse and flavorful culinary experiences, the popularity of curry-flavored products is rising.
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According to Cognitive Market Research, convenience stores have become a significant player in the curry powder market. Their strategic locations and extended hours cater to busy consumers seeking quick meal solutions. With a focus on convenience, these stores stock a variety of curry powder brands and flavors, making it easily accessible for on-the-go shoppers. The demand is further fueled by a growing trend of home cooking. This shift in consumer behavior is driven by the desire for convenient, flavorful meals, positioning convenience stores as a key driver in the flourishing curry powder market.
Supermarkets/hypermarkets are the fastest-growing category as these retail giants provide a wide consumer reach, enabling easy access to various curry powder brands and flavors. They offer convenience, competitive pricing, and extensive product selections, enticing customers seeking diverse culinary options. Additionally, the rising demand for global cuisines and the home cooking trend has further amplified the curry powder market's prominence within these retail outlets.
According to Cognitive Market Research, pouches held a significant market stake due to their growing convenience, portability, and longer shelf life. Curry powder's popularity continues to rise, fueled by the demand for diverse culinary experiences. This market expansion is partly due to changing eating habits and the increasing popularity of global cuisine. The synergy between pouches and curry powder reflects a broader trend towards on-the-go, flavorful meal solutions appealing to today's fast-paced lifestyles.
Bottles are the fastest-growing category as streamlined packaging processes ensure product freshness and quality and reduce production costs. This is essential for meeting growing consumer demand while maintaining competitive pricing. A reliable driver for the curry powder market, efficient packing solutions play a vital role in satisfying customers and staying ahead in a competitive industry.
According to Cognitive Market Research, powder held a significant market stake due to the rising consumer demand for convenient and flavor-packed cooking solutions, which has led to increased adoption. Health-conscious consumers seek natural and organic variants, while the global popularity of diverse cuisines propels the market further. Additionally, e-commerce platforms facilitate easy access to a wide range of products, enhancing market reach and convenience.
Bottles is the fastest-growing category due to growing consumer preference for convenient and flavorful cooking solutions. With busy lifestyles, people seek easy-to-use products that add a burst of flavor to their dishes. The demand for international cuisines and the trend toward home cooking have also fueled market growth. Moreover, increased awareness of various global flavors, coupled with the expanding food industry, continues to push this market forward, making it a thriving segment within the culinary sector.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Curry Powder Market is witnessing significant growth in the near future.
In 2023, the With Additive Type segment accounted for noticeable share of global Curry Powder Market and is projected to experience significant growth in the near future.
The Retail segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies S&B Foods Inc , AnKee and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Everest, a prominent Indian spice brand, denied allegations that certain of its goods were prohibited in Singapore and Hong Kong due to concerns expressed by food regulators about a potentially cancer-causing component in some of Everest's and MDH's products.Everest has refuted rumours that its goods are prohibited in Hong Kong and Singapore. In response to concerns expressed by food authorities in both regions, the Indian government has mandated the collecting of spice samples from all manufacturing plants. Food officials in Singapore and Hong Kong issued warnings after ethylene oxide, a carcinogen, was discovered in some MDH and Everest products. In India, ethylene oxide is prohibited in food products, and the government has placed a strong emphasis on combating dangerous ingredients found in Indian spices.
Disclaimer:
Type | With Additive Type, Without Additive Type |
Application | Retail, Food Service, Food Processing |
Distribution Channel | Supermarkets/Hypermarkets, Convenience Stores, Online Retail |
Packaging | Bottles, Pouches, Boxes |
Form | Powder, Liquid, Paste |
List of Competitors | S&B Foods Inc, McCormick, AnKee, Otsuka, Frontier, Penzey, Rani, Spice Supreme, Marshalls, Terra, Eastern, BABAs, KIS Co, Greggs (Heinz Watties Ltd), Mrs Rogers, Shandong Hongxingyuan |
This chapter will help you gain GLOBAL Market Analysis of Curry Powder. Further deep in this chapter, you will be able to review Global Curry Powder Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
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Chapter 13 Market Split by Packaging Analysis 2019 -2031
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Chapter 14 Market Split by Form Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Curry Powder market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why With Additive Type have a significant impact on Curry Powder market? |
What are the key factors affecting the With Additive Type and Without Additive Type of Curry Powder Market? |
What is the CAGR/Growth Rate of Retail during the forecast period? |
By type, which segment accounted for largest share of the global Curry Powder Market? |
Which region is expected to dominate the global Curry Powder Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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