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- The Best India Spices on the Planet News: Based on recent reports, India’s spice industry is a major global player, but it is also facing some challenges related to food safety. **Key Highlights:** * **Export Success:** India’s spice exports hit a new high in the 2024-25 fiscal year, reaching $4.72 billion, a 6% increase from the previous year. The country is the world’s largest producer, consumer, and exporter of spices, commanding a quarter of the global market. The government aims to increase spice exports to $10 billion by 2030 and $25 billion by 2047. * **Most Sought-After Spices:** While many Indian spices are highly valued, some of the most prominent on the global market include: * **Chilli:** Despite a decline in export value, the volume of chilli exports grew significantly, making it a dominant category. * **Turmeric:** Known for its health benefits, turmeric has seen stable price and export volume growth. * **Cumin:** Cumin has experienced a sharp price increase, more than doubling in recent years, despite a decline in export volumes. * **Cardamom:** Referred to as the “Queen of Spices,” cardamom is highly prized and a major export. * **Food Safety Concerns:** There has been a significant development regarding the quality of Indian spices. In 2024, several countries, including Hong Kong and Singapore, suspended sales or issued recalls for popular Indian spice brands like MDH and Everest due to the presence of a carcinogenic pesticide, ethylene oxide. This has led to investigations by India’s food safety authority (FSSAI). * An inspection of 4,054 spice samples by Indian authorities revealed that nearly 12% failed to meet quality and safety standards. * As a result, the FSSAI has canceled the manufacturing licenses of 111 spice producers and instructed them to stop production. * **Market Trends:** * There is increasing global demand for Indian spices, driven by the popularity of Indian cuisine and a growing interest in the health benefits of spices like turmeric and ginger. * Urbanization in India is leading to a higher demand for convenient, ready-to-use spice blends and processed masalas. * Consumer awareness of organic and chemical-free products is on the rise, creating a growing market for sustainably sourced spices. #india #IndianSpices #indianfood #IndianFashion #IndiaNews
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