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Top News in Spice Industry – 10 June 2025

India

India Spice Market Set to Reach $17.04 Billion by 2033

(source)

  • India’s spice market is projected to grow at 8.16% CAGR, reaching $17.04 billion by 2033.
  • Growth is driven by new spice mixes, sustainable sourcing, and increased medicinal use.
  • India remains the largest global exporter, producing over 70% of the world’s spices.
Review: India’s spice industry is booming, fueled by innovation, health trends, and robust export demand.

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News Review and Analysis on “Pepper exports increase 30%”

News Review and Analysis on "Pepper exports increase 30%"

News

“Pepper exports increase 30% : Vietnam exported nearly 131,777 tonnes of pepper worth 408.9 million USD in the first five months of this year, up 30% in volume but down 12.7 in value over the same period last year, according to the Vietnam Pepper Association (VPA).” – Reported on June 10, 2023 https://en.vietnamplus.vn/pepper-exports-increase-30/254438.vnp

Review

The news that Vietnam’s pepper exports increased by 30% in the first five months of 2023 is a positive development for the country’s agricultural sector. The increase in volume is likely due to a combination of factors, including favorable weather conditions and increased demand from key export markets such as China and the Philippines. The decline in value, however, is likely due to a fall in global pepper prices.

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News Review and Analysis on “Agri Picks Report June 08, 2023: Geojit”

Jeera futures continued rising, - News Review and Analysis on "Agri Picks Report June 08, 2023: Geojit"

Here is a review of the news in India “Agri Picks Report June 08, 2023: Geojit ; According to Geojit, On Wednesday, Jeera futures continued rising, while coriander and turmeric futures too a breather from the recent fall and inched up on NCDEX.”

The news report is about the movement of agricultural commodity futures on the National Commodity and Derivatives Exchange (NCDEX) on Wednesday, June 8, 2023 in India. According to the report, jeera (Cumin Seeds) futures continued to rise, while coriander and turmeric futures took a breather from the recent fall and inched up.

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World Spice Congress 14th edition organized in Maharashtra

World Spice Congress 14th edition organized in Maharashtra

Current Affairs – Adda247 : Oct 23, 2022

World Spice Congress 14th edition: The 14th World Spice Congress will take place in the CIDCO Exhibition and Convention Centre in Navi Mumbai, Maharashtra.

World Spice Congress 14th edition: The 14th World Spice Congress will take place in the CIDCO Exhibition and Convention Centre in Navi Mumbai, Maharashtra, from February 16 to 18, 2023. Spices Board India in conjunction with a number of trade and export forums is hosting the World Spice Congress during India’s G20 presidency.

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Masala Bonds Just Lost Their Spice : By Andy Mukherjee

There was a flicker of anticipation last year when an Indian borrower issued the first masala bond, a local-currency note sold outside the country. Gadfly expressed the hope that, once a thorny tax issue was sorted, the securities would go on to become the Indian version of dim sum debt, which has played a large role in internationalizing the Chinese yuan.

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