Spice Market Insights & Industry Updates

[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...

[vc_row][vc_column][vc_column_text]The almond market in 2024 is facing some challenges as it transitions into the new harvest season. With tighter supplies than usual, both domestic and international markets have felt the impact. In Sacramento, a major...

[vc_row][vc_column][vc_column_text]The global green cardamom market is projected to grow significantly over the next decade, reaching a market value of approximately USD 1.35 billion by 2033. This growth is driven by increasing demand across various industries,...