Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine.They impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste.
India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, cumin, pepper and many other spices.There are a number of masalas with various ingredients.
Increasing urbanisation paired with a rise in number of working women has reduced the time of cooking. Consequently, home-makers have started demanding readymade spice mixes such as sabzi masala, garam masala, chicken masala etc.
This has augmented industry revenues, officials said, as both spice mixes and branded spices entail greater profit margins, as compared to straight and unbranded spices.Thus, as an entrepreneur this project offers an exciting opportunity to you.
Few Indian Major Players are as under
· A D F Foods Ltd.
· Aachi Masala Food'S Pvt. Ltd.
· AkayFlavours& Aromatics Pvt. Ltd.
· Catch Foods (India) Ltd.
· Kitchen Xpress Overseas Ltd.
· Kohinoor Foods Ltd.
· M T R Foods Pvt. Ltd.
· Sunrise Foods Pvt. Ltd.
· Paras Spices Pvt. Ltd.