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Seasoning Market to See Incredible Growth 2026 By Top Players McCormick & Company, Nestle, Ajinomoto Co., MDH Spices, Everest Spices, DS Group, Unilever, Kraft Foods, Ariake Japan Company, Associated British Foods, Kerry Group Plc. and Olam International

11-20-2018 02:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insight

Seasoning

Seasoning

Seasoning refers to addition of herbs and spices to the cuisines to give unique aroma and flavor. Seasoning have been used from the ancient times in the food. Traditionally it was widely used in the Asian countries and due to globalization it is also penetrating North America and European region. Herbs are generally dried or fresh leaves of the plants, which tend to grow in a particular climate and spices are usually made from roots, stem, bark, fruits, and seeds.

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Market Dynamics

Multiple benefits offered by seasoning is a key factor driving seasoning market growth. Seasoning helps to enhance the taste of food as well as has various health benefits. Extensive research studies in the field of medical sciences proved benefits of pepper, cinnamon, turmeric, basil, and ginger in curing diseases such as diabetes, brain function, infections, high blood pressure, and cancer. Owing to such benefits, seasoning are extensively adopted in food and diet. Homemade seasoning are also gaining significant traction due to their remedial nature. Therefore, increasing demand for such herbs and spices across the world is projected to boost demand for global seasoning market over the forecast period.

Market Outlook

Among product type, salt and salt substitutes segment accounted for the largest market share in 2017. Health benefits of salt and salt substitutes include prevention of iodine deficiency, improved cardiovascular health, cures cystic fibrosis, and prevents heat stroke.

Among end-use industries, industrial segment dominated the market in 2017, owing to extensive applications of seasoning in the manufacturing of packaged food, the segment is projected to retain dominant position in the market over the forecast period. Factors such as change in lifestyle and rising number of working women may increase the consumption of packed food, which is expected to fuel growth of this segment over the forecast period.

Global Seasoning Market Taxonomy

On the basis of product type, the global seasoning market is segmented into:

Salt and salt substitutes
Pepper
Herbs
Spices

On the basis of end-use industry, the global seasoning market is segmented into:

Industrial
Commercial
Residential

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Key players operating in the global seasoning market include McCormick & Company, Nestle, Ajinomoto Co., MDH Spices, Everest Spices, DS Group, Unilever, Kraft Foods, Ariake Japan Company, Associated British Foods, Kerry Group Plc. and Olam International Limited.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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Email: sales@coherentmarketinsights.com

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