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An overview of the spices industry

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Bangalore

About the document

Shaharu B.
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7 pages
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  1. Introduction
  2. Spice oil and oleoresin industry in India
  3. The spices Board of India
  4. Oleoresins
    1. Advantages
    2. Kinds of oleoresins
  5. Essential oils
    1. Advantages
  6. Natural food colors
  7. Use of oleoresins
  8. Use of essential oils
  9. Structure of the human resource department in a spice trading company
  10. Production process in a spice manufacturing company
  11. SWOT analysis of the spices industry in India

The history and culture of Indian spices is probably as old as human civilization itself. The Vedas, the Bible and the Quran are all replete with reference direct or indirect to Indian spices. The earliest literary record in India on spices is the Rig Veda (around 6000 BC), and the other three Vedas ? Yajur, Sama and Atharva. With in the past one decade the international trade is spices have grown by leaps and bounds. As estimated 5, 00,000 tones of spices and herbs valued at 1500 million US dollars are now imported globally every year. An impressive 46% of this supply comes from India. India export of spices extracts has sown spectacular growth attaining over 50% of the global market within a short span.

Over the past decade, the Indian spices industry has made quality the cutting edge of its global game plan. In recent years, exports of Indian spices has been taking giant leaps, the Indian export of spices has crossed the 450 million US dollar mark during 1999 ?00 and has reached 468 million US dollar.

There is no doubt that these new developments will provide ultimate export opportunities, to a producing country like India, which gifted with the varying soil and climatic conditions, have vast natural resources.

[...] Advanced processing techniques Strict quality control 3. Prompt delivery 4. Skilled laborers 5. Modern equipment 6. Eco friendly product 7. Responsive customer services 8. Careful selection 9. Excellent industrial relation WEAKNESSES 1. No direct contact with final customer 2. Unable to meet demand 3. Seasonal nature THREATS 1. Govt. policies 2. New competition OPPORTUNITIES 1. Increasing market 2. Product [...]


[...] Spice oil and oleoresin industry in India India is traditionally known as the home of quality spices and still maintains its prime position in the production and exports of these products. Until a couple of decades back India was mainly exporting spice in raw form and in bulk. Curry powder was the only processed form of spices exported in recent years. India was started production and export of spice extract such as oils and oleoresin industry was in as experimental stage. [...]

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