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Report Overview
The India spices market size was valued at INR 94927.56 Crores in 2025. Rising traction of GI-tagged spices like Byadgi chilli and Lakadong turmeric is unlocking niche export potential, attracting investments in sorting, dehydration, and traceability solutions for premium-grade spice processing units. As a result, the market is expected to grow at a CAGR of 9.20% during the forecast period of 2026-2035 to reach a value of INR 228885.72 Crores by 2035.
The market is transforming fast into a high-tech, export-driven space that is attracting serious B2B interest. Recently, India exported over 793,000 tons of spices and spice products, valued at USD 4.45 billion. With the government’s “Spice Parks” initiative and the “One District, One Product” scheme, regions like Guntur and Erode are witnessing technology-enabled processing and branding upgrades.
Moreover, the aggressive push for organic and GI-tagged (Geographical Indication) spices has added to the overall India spices market value. States like Kerala and Sikkim are leading organic cultivation efforts. As of 2025, MoFPI has approved 1608 projects nationwide under the relevant PMKSY component schemes, including 41 Mega Food Parks, 394 Cold Chain projects, 75 Agro-processing Clusters projects, 536 Food Processing Units, 61 Creation of Backward & Forward Linkages, and 44 Operation Greens projects. This shows the government’s intent to create global-grade spice infrastructure. As consumer awareness spikes, both global buyers and domestic chains are looking for traceable, quality-controlled spice sourcing.
Furthermore, the demand for organic and sustainable products is rapidly growing globally, positively influencing the India spices market growth, and the trend continues to expand with the increasing consumer awareness of health, environment, and sustainability. The global inclination towards organic spices free from chemicals and pesticides, and innovative packaging choices have significantly propelled the development of the market.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Competitive Landscape
Everest Food Products Pvt. Ltd. is the largest spice-selling brand in India, which was established in 1965, and currently offers more than 45 masala varieties in both pure and blended forms. The company sells its products not only in Indian market but many nations around the world, including the United States, the United Kingdom, Africa, the United Arab Emirates, Singapore, and Australia.
Badshah Masala Private Limited, a leading producer of spices, was founded in 1958. Its collection includes a wide range of spices and products including asafoetida, kesari milk masala, premix tea, seasoning spices, whole spices, blended spices, and papad. The brand has a significant presence in both domestic and international markets. Its products are available across various retail channels, including supermarkets, hypermarkets, speciality stores, and online platforms, catering to a diverse consumer base.
MTR Foods Pvt Ltd, with its headquarters in Karnataka, stands out as an Indian heritage brand that has been providing ethnic and high-quality Indian food for more than 90 years. A well-known household name, the brand is associated with culinary expertise that has been presented in contemporary, user-friendly ways. MTR unifies India's palate by preserving and reproducing recipes that have been passed down through generations from their region of origin while also keeping up with the country's changing palate. Their extensive portfolio of masalas, spices, ready-to-cook, and ready-to-eat products covers all meal occasions.
Other spice manufacturers in India are Mahashian Di Hatti Pvt. Ltd., DS Group (Catch), Eastern Condiments Pvt. Ltd., Aachi Masala Foods (P) Ltd, Patanjali Ayurved Limited, Sakthi Masala Private Limited, ITC Limited, Ushodaya Enterprises Pvt. Ltd. (Priya), Tata Consumer Products Limited, Zoff Foods Private Limited, Goldiee Group, Ashok Masale, and LIFESTYLE FOODS PVT LTD., among others.
India Spices Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2025, the India spices market reached an approximate value of INR 94927.56 Crores.
The market is projected to grow at a CAGR of 9.20% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of INR 228885.72 Crores by 2035.
Key strategies driving the market include building regional hubs, digitizing farmer networks, introducing subscription models for foodservice, and leveraging AR for virtual sampling.
The growing utilisation of spices in processed and ready-to-eat food products and the increasing demand for authentic cuisines are the key trends propelling the growth of the market.
India is the largest producer of spices in the world. India is also the world's largest exporter and consumer of spices.
The use of cinnamon in cooking goes back much further in history than any other spice. As a result, it has earned the title ‘world's oldest spice’.
Kozhikode was known as the ‘City of Spices’ during classical antiquity and the Middle Ages due to its significance as the main commercial hub for trading Eastern spices.
The major players in the Indian market for spices are Everest Food Products Pvt. Ltd., Mahashian Di Hatti Pvt. Ltd., Badshah Masala Private Limited, DS Group (Catch), Eastern Condiments Pvt. Ltd., Aachi Masala Foods (P) Ltd, MTR Foods Pvt Ltd, Patanjali Ayurved Limited, Sakthi Masala Private Limited, ITC Limited, Ushodaya Enterprises Pvt. Ltd. (Priya), Tata Consumer Products Limited, Zoff Foods Private Limited, Goldiee Group, Ashok Masale, and LIFESTYLE FOODS PVT LTD., among others.
The key challenges are regulatory compliance across states, inconsistent raw spice quality, adulteration risks, and lack of cold chain in Tier-2 regions.
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