By Sagrika Sanjay
India is a leading producer and exporter of spices and agro food products. The spices are widely grown in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh to name the few. The list is long and exhaustive. Indian spices are sought after condiments in India and abroad. Indian spice exporters participate in a number of international exhibitions.
The innovative use of spices globally has increased the demands. They are used in a number of products such as tea, bakery, snacks for flavour and taste. Indian Diaspora is another reason for the spike in the spice sales. “We are the world’s largest producer of value added spices. As far as oleoresins are concerned, we have more than 30 percent of the global market share. Approximately, 40 percent of our revenue comes from exports” says Vigil Varghese, Sales Head Synthite India.
Good marketing strategy, developments in processing and packaging techniques have favoured the growth of spice companies in India. India produces more than 2.7 million tonnes of spices. Some of the leading brands are MTR, MDH, EVEREST, and BADSHAH amongst others. Almost all have vibrant export markets.
Spices are exported to the USA, UK, UAE, Saudi Arabia, Germany, China, Vietnam, Malaysia, and Indonesia besides others. Spices that are in great demand are cardamom, pepper, ginger, turmeric, cumin, fennel, garlic, fenugreek, curry powder, oil and oleoresins etc
The total exports from food and agriculture sector grown to $24657.09 million in 2016-17, thus, occupying a share of 8.92 percent in India’s overall exports as per APEDA
The total exports of spices increased by 3 percent to reach $621.78 billion in April-June 2016. Exports from spices witnessed a growth of 13.74 percent thus taking the total to $2890.58 million.
The Spice Board of India has been working towards the development of worldwide promotion of spices. The major challenge for us is to maintain the product quality and flavour.