Nutraceuticals Driving Global Demand for Indian Spices
March 20/Kochi, India/The Economic Times -- Growing demand from the emerging segment of nutraceuticals is driving the global consumption of Indian spices further at a time when the country is straining to meet the needs of the traditional food sector.
Non-traditional use of spices including nutraceuticals now accounts for nearly 15% of spice production in the country. The new lines of applications are growing at a rate of 10-12%, according to Spices Board officials.