South Korea Spices Market Size, Share, and COVID-19 Impact Analysis, By Product (Pepper and Turmeric), By Form (Powder, Whole, and Chopped & Crushed), and South Korea Spices Market Insights, Industry Trend, Forecasts to 2035

South Korea Spices Market Insights Forecasts to 2035

• The South Korea Spices Market Size Was Estimated at USD 463.16 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 7.52% from 2025 to 2035
• The South Korea Spices Market Size is Expected to Reach USD 1,028 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Spices Market Size is Anticipated to reach USD 1,028 Million by 2035, growing at a CAGR of 7.52% from 2025 to 2035. The usage of spices is the growing demand for authentic cuisines around the world. Growing consumer preference for a variety of flavors in foods and snacks is probably going to drive producers to create dependable, aesthetically pleasing, and high-quality goods that meet international standards.

Market Overview

The trade and distribution of plant-based ingredients used to enhance the flavor and aroma of food and beverages is included in the spices market. It contains a variety of spices from diverse plant parts, including seeds, dried fruits, roots, and barks. Millions of farmers, dealers, and laborers engaged in production, processing, and marketing make their living from the spices industry. Spices enhance culinary experiences and make meals more enticing by adding distinctive flavors, scents, and colors to food. Antioxidant-rich and anti-inflammatory, spices can help with a number of health issues, such as better digestion, less inflammation, and support for cardiovascular and brain health. Moreover, the demand for spices and spice mixes in different cuisines is rising as such of consumers' growing interest in trying out new and unusual flavors. The demand for natural and organic products is rising as more consumers become aware of the health advantages of spices. The demand for spices and spice mixes in different cuisines is rising as such of consumers' growing interest in trying out new and unusual flavors. The demand for natural and organic products is rising as more consumers become aware of the health advantages of spices. For the benefit of farmers, dealers, and exporters, the Spices Board has created eight crop-specific Spices Parks around India that offer shared facilities for processing, adding value, and packing spices.

Report Coverage

This research report categorizes the market for South Korea spices market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea spices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea spices market.

Driving Factors

Customers are experimenting with different ethnic and international cuisines and searching out a greater variety of flavors. This tendency has led to a rise in the demand for new and blended spices as well as an increase in the use of spices in a wide range of food and beverage applications. Clean-label, organic, and natural products are gaining popularity. A greater demand for spices that are organic and devoid of artificial ingredients and preservatives.

Restraining Factors                                       

Concerns regarding the purity of spices are growing among consumers, especially when it comes to unbranded or loosely distributed goods. A common problem is adulteration with starch fillers, dust, brick powder, or artificial coloring. The high price of organic spices may put off buyers despite their growing demand. Another factor contributing to this problem is the scarcity of certified organic spices.

Market Segmentation

The South Korea spices market share is classified into product and form.

• The pepper segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea spices market is segmented by product into pepper and turmeric. Among these, the pepper segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Since ancient times, consumers have utilized pepper, an aromatic spice made from the fruit peppercorn. It comes in whole or ground form and contains black pepper, green pepper, and white pepper. The most widely used pepper in the world is black pepper, which is sometimes referred to as the "king of spices."

• The powder segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea spices market is segmented by  form into powder, whole, and chopped & crushed. Among these, the powder segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The consumers' growing desire for whole spices in order to save time and achieve authentic flavor. The majority of these products are offered for sale in different combinations. Powdered forms are used as curry flavorings, marinades, rubs, and snack mixes. Additionally, these ingredients are frequently used in batters and bread dough to give bread pieces a rich crust. These don't need to be kept in the refrigerator and have a lengthy shelf life. They can be added straight to the recipe or combined with water.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea spices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• CJ CheilJedang Corporation
• Ottogi Corporation
• Yeolmae Food
• Tory Food Co., Ltd.
• Jeongin Food
• Hwami Co., Ltd.
• Saeam Foodment Co., Ltd.
• Mong Go Foods Co., Ltd.
• Hexafood
• Spiceology
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea spices market based on the below-mentioned segments:

South Korea Spices Market, By Product

• Pepper
• Turmeric

South Korea Spices Market, By Form

• Powder
• Whole
• Chopped & Crushed