Organic Thyme Market Size (2024 - 2030)

In 2023, the Organic Thyme Market was valued at $466.8 Million and is projected to reach a market size of $1.77 Billion by 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 21%.

Thyme is a versatile herb from the Thymus genus recognized for its culinary, medicinal, and ornamental properties. It is closely related to oregano and commonly found in the Mediterranean region. The Levant, where it may have been first grown, is where thyme's history begins. Ancient Egyptians used thyme for embalming, while the Greeks valued it for baths and temple incense, associating it with courage. The Romans played a vital role in spreading thyme across Europe, using it for room purification and flavoring cheese and liqueurs. In the Middle Ages, thyme was placed under pillows for better sleep and gifted to instill courage in knights. It was also used as incense during funerals, symbolizing a smooth transition to the afterlife. Thyme possesses numerous benefits. It highlights therapeutic properties that can aid with an acne breakout, hypertension, coughing, immunity, disinfection, bug control, and aromatherapy. Thyme shows potential in preventing bacterial and yeast infections and may even have positive effects on certain types of cancer. Topically, thyme oil can be used for acne and cough relief, while consuming thyme may lower blood pressure and boost the immune system. Additionally, thyme oil is a natural repellent and disinfectant.

Global Organic Thyme Market Drivers:

The growing utilization of organic thyme in aromatherapy is fueling the growth of the global organic thyme market.

Organic thyme is extensively utilized in aromatherapy owing to its revitalizing properties on the body and mind. When its fragrance is inhaled, it can provide relief and support during stressful, tiring, fearful, or grieving moments. Emotionally, it has a positive impact on confidence, perspective, and self-worth, helping individuals feel brave when making decisions or facing uncertainty. Organic thyme is also believed to aid in achieving restful sleep, bolster the body's defenses against common seasonal illnesses like the flu, and alleviate headaches and bodily tension. Its therapeutic effects make it a valuable addition to aromatherapy practices for overall well-being. Therefore, this factor drives the demand for organic thyme.

The numerous benefits of organic thyme oil are another factor contributing to the growth of the global organic thyme market.

Organic thyme oil is a natural oil noted for its high concentration of antioxidants and essential elements, which offers diverse health advantages. It benefits heart and respiratory health, digestion, skin, and immunity. Scientific studies indicate that organic thyme essential oil possesses antimicrobial properties, aiding in reduced inflammation and it also supports heart health. Carvacrol, a compound found in organic thyme oil, not only contributes to its fragrance but also possesses therapeutic properties that positively impact brain function and promote a feeling of well-being. Organic thyme oil is sought after in the cosmetics industry owing to its abundance of antioxidants and vitamin C. Skincare products containing organic thyme oil effectively address skin issues like acne and signs of aging, leading to revitalized skin. The rising demand for cosmetics in the region of Asia Pacific is anticipated to propel the growth of the organic thyme industry in the foreseeable future.

Global Organic Thyme Market Challenges:

The global organic thyme market is encountering challenges, primarily in terms of the side effects of thyme. Thyme is extensively utilized in cooking and is generally regarded as safe to ingest. When utilized as a brief medical remedy, organic thyme is generally considered safe, although there is a possibility of certain individuals experiencing allergic reactions, dizziness, or stomach discomfort. However, the safety of utilizing thyme oil as a medicinal product and its potential side effects are not well-established since there is insufficient trustworthy information. When applied topically, thyme oil is probably safe for temporary usage, although it may trigger skin irritation in some individuals. Regarding inhalation, the safety and potential side effects of using thyme oil remain uncertain due to insufficient reliable information. Thus, these challenges inhibit the growth of the global organic thyme market.

Global Organic Thyme Market Opportunities:

Market expansion strategies present a lucrative opportunity in the global organic thyme market. Given the rising demand for organic thyme owing to its advantages, including fighting acne, lowering blood pressure, helping to alleviate cough, boosting immunity, and preventing bacterial infections, businesses specializing in the cultivation and distribution of organic thyme can stand to gain significantly from this opportunity by expanding their products to other regions, including South America and the Middle East and Africa.

COVID-19 Impact on the Global Organic Thyme Market:

The outbreak of the COVID-19 pandemic substantially impacted the global organic thyme market. The pandemic caused disruptions in supply chains and distribution of goods and services, which highly affected the cultivation and distribution of organic thyme. This factor negatively impacted the growth of the global organic thyme market. However, the pandemic led to individuals becoming more health-conscious owing to the protection from COVID-19 disease, which resulted in augmented demand for organic thyme. This factor positively impacted the market's growth. Therefore, the global organic thyme market experienced both challenges and opportunities during the difficult time of the COVID-19 pandemic.

Global Organic Thyme Market Recent Developments:

• In April 2023, Fresh Thyme Market unveiled the launch of Fresh Thyme Market Pickup, a service that allows customers to shop in-store, opt for pickup, or get their groceries delivered. Online shoppers can access in-store prices and have their orders handpicked and packed by trained staff. Customers also have the flexibility to modify or cancel their orders until the picking process begins. This service aims to improve the shopping experience by offering various options, ensuring quality, and convenience for Fresh Thyme Market shoppers.

• In February 2023, Starwest Botanicals, Inc. introduced its latest product line: Eco-Pouch herbs and spices to meet the growing consumer demand for culinary and wellness botanicals. These environmentally friendly packages provide smaller pre-packaged options, allowing for easy grab-and-go convenience or as a complement to bulk purchases. The line includes popular adaptogens including ashwagandha, licorice root, nettle, and turmeric, known for their ability to promote healthy stress management, energy levels, and overall mental well-being.

• In October 2021, Fresh Thyme Market, with 70 stores in the Midwest, unveiled the opening of a new concept store in St. Louis. The 27,000-square-foot store at City Foundry will emphasize community involvement and local products. It will provide a wide variety of inexpensive fresh, natural, and organic foods as well as well-known national brands. The store strives to create a unique shopping experience catered to the requirements and tastes of the neighborhood.

ORGANIC THYME MARKET REPORT COVERAGE:

Global Organic Thyme Market Segmentation: By Type

• Organic Thyme Powder

• Organic Thyme Oil

• Raw Organic Thyme

Based on the type, the global organic thyme market is segmented into organic thyme powder, organic thyme oil, and raw organic thyme. In 2022, the organic thyme oil segment held the highest market share. The growth can be attributed to the probable benefits of organic thyme oil in various areas, including reducing foodborne bacteria, supporting heart health, and reducing inflammation. It contains several compounds like carvacrol, thymol, linalool, cineol, camphor, and borneol, which contribute to its health effects. Specifically, organic thyme oil can aid with acne by reducing acne-causing bacteria. It can also be utilized in combination with other oils to prevent hair loss in alopecia areata. Preliminary research suggests wild thyme extract could be useful in fighting breast cancer. Organic thyme oil with thymol has antispasmodic properties that can alleviate coughs and respiratory tract infections when combined with primrose oil. It has also shown effectiveness as a food preservative, eliminating bacteria and fungi. Carvacrol in organic thyme oil has anti-inflammatory properties that could benefit heart disease patients. For oral health, organic thyme oil containing thymol is useful owing to its anti-inflammatory and antibacterial effects. 

Global Organic Thyme Market Segmentation: By Application

• Cosmetics

• Food & Beverages

• Fragrance

• Pharmaceuticals

Based on the application, the global organic thyme market is segmented into cosmetics, food and beverages, fragrance, and pharmaceuticals. In 2022, the food and beverages segment held the highest market share. The growth can be attributed to the extensive utilization of organic thyme in savory dishes like braised or roasted meats, vegetables, and fish to enhance their flavors. It is additionally utilized in savory baking endeavors and can be incorporated into marinades, soups, stocks, cocktails, and teas to provide an exquisite gustatory experience. Organic thyme is extensively utilized to add taste and enhance the flavors of an array of dishes, either by itself or alongside other herbs like rosemary, sage, and marjoram. Organic thyme is compatible with all kinds of dietary requirements and is seldom linked to allergic reactions, rendering it a safe option for any individual inclined towards culinary preparations involving fresh herbs.

Global Organic Thyme Market Segmentation: By Distribution Channel

• Convenience Stores

• Specialty Stores

• Supermarkets/Hypermarkets

• E-commerce

• Others

Based on the distribution channel, the global organic thyme market is segmented into convenience stores, specialty stores, supermarkets/hypermarkets, e-commerce, and others. In 2022, the supermarkets/hypermarkets segment held the highest market share. The growth can be attributed to the wider reach and accessibility of supermarkets/hypermarkets, allowing for a larger consumer base. These locations are evolving into the go-to, one-stop store for daily necessities because of the abundance of goods offered at substantial savings. Given the availability of an array of goods and discounts on them, the need for supermarkets/hypermarkets has gone up, delivering consumers with a one-of-a-kind shopping experience.

Global Organic Thyme Market Segmentation: By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

The region of Europe held the largest share of the global organic thyme market in the year 2022. The growth can be ascribed to thyme having a long history of traditional utilization in nations, such as Greece, Spain, and Italy, as a result of favorable climate conditions for thyme cultivation, the growing consumer awareness regarding the health benefits of utilizing thyme in food, cosmetics, fragrance, and pharmaceuticals applications, and the increasing investments in research and development activities. Additionally, Europe is home to several significant market players, including Natural Spices, Organic Islands P.C., Olympic Nature, Inc., Toroslar Natural And Cosmetic Products A.S., and Blumenthal Bayern GmbH. The region of Asia-Pacific is anticipated to expand at the quickest rate over the forecast period owing to the increasing per capita income in recent years, which has resulted in the growing utilization of herbal and natural products and the strong presence of major market players, including Geo-Fresh Organic, NeutraVed Xpotim Enterprises, and Treta Agro Pvt. Ltd.

Global Organic Thyme Market Key Players:

1. Fresh Thyme Market (United States)

2. Geo-Fresh Organic (India)

3. Frontier Co-op (United States)

4. Starwest Botanicals, Inc. (United States)

5. Organic Nation (Egypt)

6. The Spice Hunter, Inc. (United States)

7. NeutraVed Xpotim Enterprises (India)

8. Treta Agro Pvt. Ltd. (India)

9. Natural Spices (Netherlands)

10. Organic Islands P.C. (Greece)