Herb and Spice Processing in Australia - Market Research Report

Herb and Spice Processing industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.0%

Consumer appetites for processed herbs and spices have grown over the past five years. While many of the Herb and Spice Processing industry's products are staple items, consumers have demonstrated an increasing willingness to experiment with their food, trying new products and flavours. Industry revenue is expected to grow at an annualised 6.0% over the five years through 2018-19, to total $413.4 million. This trend includes expected growth of 3.3% in the current year. Popular reality TV cooking shows and a general trend towards higher quality, healthier food have driven industry revenue growth over the past five years. However, the dominance of large-scale supermarkets as distributors of industry products has suppressed prices and slightly limited i...
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Herb and Spice Processing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Herb and Spice Processing industry is anticipated to post moderate growth over the next five years, as consumers increasingly experiment with their home cooking. Supermarket competition will remain fierce and continue to force down prices for processed herbs and spices, particularly as consumers are likely to increasingly purchase private-label products. Overall, industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to total $XX.X million. Stable demand While consumers have increased their consumption of processed herbs and spices over the past five years, demand growth is projected to be more subdued over the period. The industry received a significant boost from the surge in popularity of reality TV sh...
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Herb and Spice Processing industry statistics

  • business Number of Businesses: 87
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 859

Biggest companies in the Herb and Spice Processing industry

The companies holding the largest market share in the Herb and Spice Processing in Australia industry include McCormick Foods Australia Pty Ltd and Wrigley Uno 2 Australia Pty Limited.

  • pie_chart McCormick Foods Australia Pty Ltd Market Share: x.x%
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  • pie_chart Wrigley Uno 2 Australia Pty Limited Market Share: x.x%
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What is Herb and Spice Processing industry?

Industry Definition

Industry operators process and package herbs and spices for use in food production, hospitality and home cooking. The industry does not include fresh herbs and spices.

Industry Products and Services

  • Spices
  • Leafy herbs
  • Root herbs
  • Seed herbs
  • Flower herbs
  • Mixed spices and seasonings

Industry Activities

  • Dry herb processing
  • Spice processing

Market research report - table of contents

Industry Definition

Industry operators process and package herbs and spices for use in food production, hospitality and home cooking. The industry does not include fresh herbs and spices.

Main Activities

  • Dry herb processing
  • Spice processing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Cafes, restaurants and takeaway establishments are frequent users of herbs and spices. These establishments generally produce sophisticated meals that req...
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Demand from cafes, restaurants and takeaway food services
Demand from supermarkets and grocery stores
Real household disposable income
Trade-weighted index

Current Performance

Supermarket prices
Trade and participation
 Chart: Revenue Growth

Industry Outlook

Supermarket competition
Export markets
Participation and profit
 Table: Herb and Spice Processing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Herb and Spice Processing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Soft Drink and Pre-Packaged Food Wholesaling in Australia
Accommodation and Food Services
Supermarkets and Grocery Stores in Australia




Key Selling Industries

Under Cover Vegetable Growing in Australia
Outdoor Vegetable Growing in Australia





Products & Services

The Herb and Spice Processing industry processes a variety of herbs and spices. Major players have broadened their product range to include a mix of tradi...
Wholesalers
Export markets
Food service establishments
Food manufacturers


Demand Determinants

Downstream buyers of processed herbs and spices include wholesalers, supermarkets and food service establishments. Although these buyers influence industr...
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Major Markets

Wholesalers
Export markets
Food service establishments
Food manufacturers



 Chart: Major Market Segmentation for the Herb and Spice Processing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Herb and Spice Processing industry displays a moderate level of market share concentration, with the industry's three largest players estimated to acc...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Herb and Spice Processing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Herb and Spice Processing in Australia - Market Research Report Industry

Industry Globalization

McCormick Foods Australia Pty Ltd (MFA) is the local subsidiary of McCormick & Co Inc., a major food manufacturer in Canada. McCormick & Co's operations w...
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McCormick Foods

 Table: McCormick Foods - financial performance

Wrigley Australia

 Table: Wrigley Australia - financial performance

Capital Intensity

The Herb and Spice Processing industry is moderately capital-intensive. For every dollar spent on capital, an estimated $5.85 is spent on wages. The level...
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 Chart: Level of Capital Intensity for the Herb and Spice Processing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Herb and Spice Processing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Herb and Spice Processing industry?

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This report on Herb and Spice Processing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Herb and Spice Processing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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