Everest Spices

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Everest Food Products Pvt Ltd
IndustryFood
Founded1967;59 years ago (1967)
FounderVadilal Shah
Headquarters Mumbai, Maharashtra, India
Products Spices
RevenueIncrease2.svg₹2,601 crore (US$270 million) (2022) [1]
Website everestfoods.com

Everest Food Products Pvt Ltd (Everest Spices) is an Indian manufacturer, distributor and exporter of ground spices and spice mixtures under the brand name Everest. [2] The company is based in Mumbai. [3]

Contents

In 2005, Everest had a 30% share of the branded spices market in India. [4] It sells 42 blends under the Everest brand name. [5]

Everest Spices competes with MDH, which has 12% market share.[ citation needed ]

Controversies

In May 2024, New Zealand's food safety regulator said it was investigating contamination in spice products of Indian brands Everest and MDH. [6] Its products were recalled by regulators in Hong Kong and Singapore for containing ethylene oxide. [7]

References

  1. ↑ Malviya, Sagar (16 January 2023). "Masala Companies add $1 billion in their topline". The Economic Times.
  2. ↑ "Everest-Superbrand 2003 - 2005". Superbrands.com. 5 March 2010. Retrieved 19 January 2021.
  3. ↑ "Superbrands 2nd edition" (PDF). superbrandsindia.com. Archived from the original on 16 July 2011.
  4. ↑ Nidhi Nath Srinivas (30 August 2005). "Mirch Masala: Cos spice up ad spends to stay in the hunt". The Economic Times. Retrieved 2 July 2012.{{cite news}}: CS1 maint: deprecated archival service (link)
  5. ↑ "Superbrands 3rd edition" (PDF). superbrandsindia.com. Archived from the original on 16 July 2011.
  6. ↑ Sadam, Rishika (15 May 2024). "New Zealand looking into Indian spice brands over contamination". Reuters.
  7. ↑ Sayantan Bera; Suneera Tandon (19 May 2024). "In a pickle: Why it's time for Fssai to wake up and crack the whip". Mint . Retrieved 22 May 2024.(subscription required)