Press release
Spices and Seasonings Market Size, Share, Global Industry Trends, Growth, Emerging Demand and Forecast 2022-2030 | Olam International inc., McCormick & Company Co., Ajinomoto Co., Associated British Foods Co., Kerry Group Inc
Global spices and seasonings market was valued at US$ 25,247.3 million in 2021 and is projected to generate a revenue of US$ 47,678.1 million by 2030 at a CAGR of 7.7% during the projection period 2022-2030. This growth can be attributed to increasing demand for packaged, ready-to-use spices and seasonings products and the rising popularity of international cuisines.
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The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.
Leading Competitors
Some of the key players in the global spices and seasonings market are Olam International inc., McCormick & Company Co., Ajinomoto Co., Associated British Foods Co., Kerry Group Inc. among others. As per our study, the top 5 players held over 79% of the market.
The Spices and Seasonings Market size section provides market revenue, taking into account both the market's historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players' market sizes, significant product launches, strategies, and other information.
The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry's total sales over the same period, experts in the field determine to share.
The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.
Segmentation Analysis
By Type
Hot Spices
Cayenne pepper
Black and White peppers
Ginger
Mustard
Others
Mild spices
Paprika
Coriander
Others
Aromatic spices
Cardamom
Cassia
Cinnamon
Clove
Others
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Herbs
Basil
Bay
Dill leaves
Marjoram
Tarragon
Others
By Seasoning Type
Salts
Pepper
Sugar and Light Flavored Sweeteners
Acids
By End User
Residential
Commercial
Restaurants
Bar & Cafes
QSRs
By Distribution Channel
Online
e-Commerce Website
Company's Owned Website
Offline
Supermarkets/Hypermarkets
Retail Stores
By Application
Meat & poultry products
Snacks & convenience food
Soups, sauces, and dressings
Bakery & confectionery
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe.
They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.
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