World Spice Organization Suggests Greater Value Addition in Spices to Achieve $10B Export Target | Current Affairs | Vision IAS
News Today Logo

    World Spice Organization Suggests Greater Value Addition in Spices to Achieve $10B Export Target

    Posted 08 Mar 2025

    2 min read

    To achieve Spices Board of India’s export target of $10 billion by 2030, the country’s share in value-added spices should rise up to 70%. 

    • India’s share in the global seasoning market, pegged at $14 billion in 2024, is only a paltry 0.7%, against China’s 12% and U.S.’s 11%. 

    India’s Status in Spices

    • Production: India is the world's largest spice producer. It is also the largest consumer. 
      • India produces 75 of 109 varieties listed by International Organization for Standardization. 
    • Major Spices-producing States: Madhya Pradesh, Rajasthan, Gujarat, Andhra Pradesh, Telangana, Karnataka, Maharashtra etc.
    • Export: India is largest exporter of spices. Chilli was the most exported spice from India (2021-22).
    • Major Export Destinations: China, USA, Bangladesh, Thailand, UAE, Sri Lanka, Malaysia, UK etc. 

    Key challenges

    • Low Value Addition: only 48% of India’s spice exports are value-added products, while the rest are sold as raw whole spices.
    • Socio-economic Challenges: 98% of spice production is done by small-scale farmers with landholdings of less than 2 hectares.
    • Weak Regulation: India lacks a national standard covering all Sanitary & Phytosanitary (SPS) measures.
    • Stiff Global Competition: from Vietnam, Indonesia, Brazil, China etc.

    Initiatives Undertaken 

    • Spices Board of India: It is a statutory body constituted under administrative control of Department of Commerce for the development and global promotion of Indian spices.
    • Export Development and Promotion of Spices: Aims to support the exporter to adopt high tech processing technologies
    • Other: Setting up and maintenance of infrastructure for common processing (Spices Parks), National Sustainable Spice Program (NSSP) etc.
    • Tags :
    • Spices Parks
    • Spices Board of India
    • Spice Exports
    • National Sustainable Spice Program
    Watch News Today
    Subscribe for Premium Features