Global Spices and Seasonings Marketwill reach 21900 million US$ by 2025

This report studies the global Spices and Seasonings market status and forecast, categorizes the global Spices and Seasonings market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
A spice is a dried seed, fruit, root, bark, or vegetable substance primarily used for flavoring, coloring or preserving food. Because they tend to have strong flavors and are used in small quantities, spices tend to add few calories to food. Many spices, however, can contribute significant portions of micronutrients to the diet.

The production of Spices and Seasonings increases from 743564 MT in 2012 to 1006435 MT in 2017, with CAGR of 6.24%. In the world wide, Europe is the largest revenue market, who account for about 21.89% market share in the Spices and Seasonings market in 2016. China ranked the second place, and with a market share of 21.04 in 2016. McCormick, Unilever, Ajinomoto are the global leading manufacturers of spices.

ASTA defines spices as “any dried plant product used primarily for seasoning purposes”. Included are tropical aromatics (pepper, cinnamon, cloves, etc.), leafy herbs (basil, oregano, marjoram, etc.), spice seeds (sesame, poppy, mustard, etc.) and dehydrated vegetables (onions, garlic, etc.). Blends such as curry, chili powders, poultry seasoning, etc. are part of the spice shelf, too.

The FDA defines spices similarly, except that they do not include the dehydrated vegetables in the label definition of “spices”. Any form of dehydrated vegetable product must be labeled separately. Such color contributing spices as paprika, turmeric and saffron must either be labeled separately or as “spice coloring”. The Department of Agriculture (meat and poultry products labeling) has nearly the same requirements as the FDA, except that colorant spices and mustard must always be listed separately while onion powder and garlic powder may be listed as “flavors”. All other forms of dehydrated vegetables must be listed separately by name.

The global Spices and Seasonings market is valued at 14800 million US$ in 2017 and will reach 21900 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2018-2025.

The major manufacturers covered in this report

McCormick

Unilever

Ajinomoto

Ariake

Kerry Group Plc. (Ireland)

Olam International

Everest Spices

Zhumadian Wang Shouyi

MDH Spices

Catch(DS Group)

Nestle

Brucefoods

Sensient Technologies (U.S.)

Ankee Food

Haitian

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Saudi Arabia

Turkey

Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Salt & Salt Substitutes

Hot Spices

Aromatic Spices

Others

By Application, the market can be split into

Food Processing Industry

Catering Industry

Household

Others

The study objectives of this report are:

To analyze and study the global Spices and Seasonings capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Spices and Seasonings manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Spices and Seasonings are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Spices and Seasonings Manufacturers

Spices and Seasonings Distributors/Traders/Wholesalers

Spices and Seasonings Subcomponent Manufacturers

Industry Association

Downstream Vendors

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Regional and country-level analysis of the Spices and Seasonings market, by end-use.

Detailed analysis and profiles of additional market players.


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