Spice Market Insights & Industry Updates

[vc_row][vc_column][vc_column_text css="" css_params=""]The walnut industry in 2024 is witnessing a unique shift, driven by a significant production drop in the United States and increased competition from other major producers like China. This market shift has...

[vc_row][vc_column][vc_column_text]The 2024 peanut harvest in the United States is facing significant setbacks due to drought conditions, particularly impacting production in key states like Georgia, Texas, Alabama, and Florida. Although many farmers increased their...

[vc_row][vc_column][vc_column_text]In India, the 2024 paprika crop saw over 90% of sowing completed, particularly in regions like Karnataka and Maharashtra. However, replanting is underway in some areas affected by rain damage. While medium-grade paprika availability...

Current Market Overview As of October 2024, the global black pepper market remains volatile. Prices surged earlier this year due to supply chain disruptions, adverse weather, and increased demand, but recent weeks have seen some stabilization in key regions. In India...

[vc_row][vc_column][vc_column_text]Sesame, a key crop for both oil and seeds, is facing growing challenges due to changing weather and reduced farming areas. Major sesame-producing regions are already seeing less land dedicated to its cultivation, sparking concerns...

[vc_row][vc_column][vc_column_text]The spice industry, which imports products from around the globe, could face major challenges if a strike at U.S. East and Gulf Coast ports happens on October 1, 2024. This potential strike may disrupt supply chains for companies...