Spice Processing

G

greensb

Member
Hello Experts,
How is the scope for new entrants in Spice processing,especially on spices Chilli,Black Pepper,Dry Ginger ,Turmeric,Cloves (say,powder,oils,oleoresins) ?

If you are well versed with the market (with knowledge on the supply and demand sceniaro ,current trends,challenges,competition factors to be considered,market channels), please drop your contact no.
Interested to start a small scale processing unit (Budget 1-2 C INR) near chennai ..

Technical consultants with knowledge on the above said market factors, please respond.
 

Hi,

Oleoresin has got good scope. India dominates the global market for spice oleoresin, which is in big demand from processed food and fragrance industries that now mostly prefer natural colouring and flavouring agents to artificial ones as consumers become increasingly health conscious. India controls 60% of the 13,500-tonne global spice oleoresins market even as China has emerged as a strong contender in paprika oleoresin, the most in-demand spice oil. Four companies based in Kerala control more than 85% of India's Rs 2,000-crore spice oleoresin industry. Almost 95% of their production is exported even as the domestic market is fast waking up to the potential of the spice oleoresins.

We can do a market research for your company in this field. Drop a mail with details for further discussion.

Regards
 

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