Catch Spices, a core brand of Dharampal Satyapal Group, has announced its entry into the Rs 1,000-crore club. The company says it achieved a year-on-year growth rate of 24% in the last two years and aims to target a compound annual growth rate (CAGR) of approximately 30% in five years. Catch Spices has diversified into pastes, gourmet gravies, grinders, herbs, and pink rock salt, etc.
Rajiv Kumar, vice-chairman, DS Group, said, “Our relentless pursuit of excellence and a consumer-centric approach enabled Catch Spices to achieve the significant milestone of being a Rs 1000 crore brand. Today, Catch Spices has become synonymous with consistent quality and reliability. Our innate understanding of consumers’ diverse and evolving tastes has played a crucial role in refining our product offerings, and ensuring continued success.”
The Catch brand was introduced by DS Group in 1987 with a table-top Salt sprinkler. Today Catch products are available in more than 7 lakh retail touchpoints through more than 1500 distributors nationwide.
Some industry estimates say the packaged spices industry in India stood at approximately Rs 34,000 crore in 2023 witnessing an 18% growth and a volume growth of 4%.
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Naresh Khanna – 10 February 2025
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