How Big is the Spices and Seasonings Market?
The Global Spices and Seasonings Market is expected to grow at a CAGR of around 5.1% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the paradigm shift in consumer taste preferences, mounting popularity of ethnic cuisines, as well as globalization, i.e., portraying the increasing penetration of indigenous spices & seasoning products worldwide. Besides, the ever-growing utilization of spices & seasonings to produce various processed foods & bottled beverages, the mounting acceptance of convenience & RTE (Ready-to-Eat) food products, and the surging demand for spices & seasonings as preservatives & antibacterial agents to increase the shelf-life of various fermented foods & beverages are other prominent aspects projected to drive the market in the future.
Market Statistics
- Market Growth Rate (CAGR): 5.1% from 2022-2027
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/spices-and-seasonings-market.html
Spices and Seasonings Market Insight:
Driver-
Rapidly Changing Eating Habits due to Increasing Urbanization – Improving economies & income levels and urbanization trends have brought significant changes in the dietary patterns of people, as they are increasingly incorporating traditional food items in their diets. Moreover, reduced cooking time due to hectic work schedules & long working hours has led people to opt for easy & convenient food options. In addition, the rapidly expanding supermarkets & hypermarkets in urban areas are also leading to the increasing availability of spices worldwide. Hence, these trends are expected to drive the Global Spices and Seasonings Market through 2028.
Spices and Seasonings Market Segmentation:
The report has segmented the market into the following categories:
By Type
- Pepper
- Chili
- Ginger
- Cinnamon
- Turmeric
- Nutmeg and Mace
- Cardamom
- Cloves
- Others (Capsicum, Coriander)
By Nature
- Conventional
- Organic
By Form
- Whole
- Powder
By Application
- Meat and Polutry
- Bakery and Confectionery
- Frozen Foods
- Snacks and Convenience Foods
- Others (Beverages, Soups, Sauces, and dressings)
By Distribution Channel
- B2B
- Online
- Offline (Supermarkets & Hypermarkets, Exclusive Stores, Small Retail Outlets)
By End User
- Industrial (Manufacturing facilities, F&B)
- Commercial (Hotels, Restaurants)
- Residential
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/spices-and-seasonings-market.html
Competitive Landscape:
- Moguntia Food Group
- Associated British Food PLC
- Olam International
- McCormick & Company, Inc
- Ajinomoto Co., Inc.
- Paras Spices Private Limited
- Worlee Gruppe
- Dohler Group
- Friedrich Ingredients
- Kerry Group Plc
- ARIAKE Japan Co. Ltd.
- Pacific Spice Company
- Sensient Technologies Corporation
- SHS Group
- VKL Seasonings Pvt Ltd
- Others (B&G Foods Inc, Zhumadian Wang Shouyi etc).
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Key Highlights of the Report:
- Market Performance (2023-2028)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
Other Report:
- Door Handles Market Size, Growth, and Share Report | Forecast 2023-28
- Bubble Tea Market Size, Share, Trend & Industry Growth [2025-2030]
- Saudi Arabia Consumer Health Market | Demand, Share and Growth By 2028
- UAE Consumer Health Market 2023-2028 | Growth Driver, Leading Segment, and Opportunity
- Anti-Aging Supplements Market| CAGR 5.23% by 2028 | MarkNtel
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Call +1 628 895 8081, +91 120 4278433
Email: sales@marknteladvisors.com
