India Targets $10B in Spice Exports by 2030 Amid Industry Transformation

As of 2025-11-11T13:45:00+00:00, India's spice industry is undergoing a significant transformation. The country, which has long held the position as the world's leading producer, consumer, and exporter of spices, is now setting its sights even higher.

According to Ramkumar Menon, the Chairman of the World Spice Organisation, India's total spice production is estimated to reach 11.8 million tonnes by the 2024-25 period. Exports, too, are projected to grow, with the value reaching $4.7 billion (around Rs 40,000 crore) and volumes hitting 1.799 million tonnes.

However, the industry is not without its challenges. Climate change, with its erratic weather patterns, is impacting spice yields and quality. The issue of pesticide residues has also been a persistent concern, compounded by the limited number of registered pesticides for use in spices.

To address these issues, the spice industry is taking a multi-pronged approach. Industry bodies like the World Spice Organisation and the All-India Spices Exporters Forum are collaborating with regulatory authorities to strengthen the regulatory framework, increase the number of registered pesticides, and train farmers on good agricultural practices.

Looking ahead, a gradual shift is expected in the industry, with a move from whole spices towards more processed and packaged spice products, extracts, and seasonings. The value-added segment, comprising branded and processed spices/seasonings, is projected to show a CAGR of 7-10% over the next 5-10 years, while the commodity and whole spice sector could grow around 2-4% CAGR.

Ultimately, the Indian spice industry is poised to reach new heights, with the Spices Board targeting $10 billion in exports by 2030, up from the current level of $4.7 billion.