- Spices are one of the most important ingredients in Indian dishes. Indian Spices have been popular across the world for their unique flavor, aroma, and beautiful texture.
- India has been a front-runner in the race for export of spices. India leads in the production and their exports of different spices and products in the last few years have shown an increasing trend.
- Out of the 109 varieties listed by the International Organization for Standardization around 75 varieties are exported and produced by India and therefore India is known to be the “home of spices”.
- Spices are aromatic substances of vegetable origin obtained from various roots, bark, leaves, and stems of certain plants.
- They have a varied range of properties and cater to the cosmetic, perfumery, medicinal and food industries.
- In the medicinal sector, they act as antioxidants, antimicrobial agents. To the perfumery industry, the processed products of spices like oleoresins and spice oils play an important role.
- Spices are valued mainly for their distinctive color, flavors and aroma and thus are indispensable for culinary purposes and flavoring.
- Spices come with notable nutritional values and provide some major health benefits.
- we believe that Indian culture and our unique spices in India should reach each corner of the world.
- Leading Role in Global Market: In FY 2023-24, India exported a record $4.46 billion worth of spices, cementing its position as a global leader.
- Export Volume: Total exports reached 1.54 million tonnes, showcasing a 9% increase compared to the previous year.
- Major Contributors: Key spices like red chilli, pepper, cardamom, and turmeric were primary drivers of growth. Red chilli alone contributed $1.5 billion, making up 34% of the total export value.
- Top Importers: China and Bangladesh emerged as significant markets. For instance, China imported over 1.79 lakh tonnes of red chilli worth ₹4,123 crore, a 21% increase in value from the previous year.
- Diverse Applications: Spices from India continue to serve industries ranging from culinary and medicinal to cosmetics and perfumery, with products like spice oils and oleoresins gaining prominence
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