Global Spices and Seasonings Market Report 2020, Covid-19 Impact, Industry Trends, Share, Size and Forecast Till 2025

The global spices and seasonings market is currently experiencing a healthy growth. Looking forward, IMARC Group expects the global spices and seasonings market to exhibit moderate growth during 2020-2025, according to a new report by IMARC Group.

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Spices and seasonings are integral components of the food and beverage industry. Spices are obtained from the leaves, flowers and stems of various plants, and are primarily used for flavoring, coloring and preserving food products. On the other hand, seasonings refer to a combination of herbs, salt, or spices, which are added during the preparation of food to enhance its flavor and taste. In addition to flavor enhancement, spices and seasonings also offer health benefits, such as improving memory and boosting immunity.

The growing consumer inclination toward innovative cuisines and flavor-rich dishes is one of the primary factors driving the market growth. Growing health consciousness among consumers is another major growth-inducing factor. High in antioxidants and having medicinal properties, various spices and seasonings are extensively utilized as a natural remedy for treating diseases and ailments. Other factors, including significant growth in the hospitality industry, rising consumer expenditure on foods and beverages, steadily increasing demand for organic ingredients, and widespread utilization of spices in pharmaceuticals and cosmetics, are expected to drive the market growth in the coming years.

For more information about this report visit: https://www.imarcgroup.com/spices-seasonings-market

Insights on Market Segmentation:

Market Breakup by Product:

1. Salt and Salt Substitutes
2. Herbs
3. Spices

Market Breakup by Application:

1. Meat & Poultry Products
2. Snacks & Convenience Food
3. Soups, Sauces and Dressings
4. Bakery & Confectionery
5. Frozen Products
6. Beverages
7. Others

Market Breakup by Region:

1. North America
2. Asia Pacific
3. South Korea
4. United Kingdom
5. Latin America
6. Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Ajinomoto, ARIAKE JAPAN Company, Associated British Foods, Baria Pepper, Döhler, DS Group, Everest Spices, Heinz, Kerry Group, McCormick & Company, Olam International, Sensient Technologies, SHS GROUP, Spice Hunter, Unilever, Worlée, etc.

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This release was published on openPR.