Spices and Seasonings Market Size, Share, Trends, Growth and Forecast 2023-2028

IMARC Group's report titled "Spices and Seasonings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global spices and seasonings market size reached US$ 25.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 35.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.37% during 2023-2028.

Spices and seasonings are essential components of culinary practices that are used to enhance the flavor, aroma, and overall appeal of food dishes. It is typically derived from plant sources, such as seeds, fruits, roots, bark, or leaves, and is available in various forms, including whole, ground, or dried. It often refers to a combination of spices, herbs, or other flavorings blended to create a balanced and harmonious flavor profile. Some of the most well-known spices include black pepper, cinnamon, cumin, paprika, and cloves. Seasonings are versatile mixtures that can be customized to specific cuisines or dishes. Some common seasonings include Italian seasoning, taco seasoning, and curry powder. These blends often include a combination of herbs, including oregano, thyme, or basil, along with spices such as chili powder or turmeric, which can vary widely, offering endless possibilities for flavor customization.

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Spices and Seasonings Market Trends and Drivers:

The spices and seasonings market is primarily driven by the increasing global appreciation for numerous cuisines. As individuals become more adventurous with their palates, they are eager to experiment with flavors from several parts of the world, which is escalating the demand for various spices and seasonings to create authentic international dishes at home. In addition, the growing e-commerce and online grocery shopping have made it easier for consumers to access several spices and seasonings, which is influencing the market growth. Also, it offers a convenient way to explore and purchase products, contributing to market growth. Moreover, the growing demand for convenience in cooking due to the modern, fast-paced lifestyle of individuals led to the adoption of spices and seasonings, which represents another major growth-inducing factor. As a result, the emergence of ready-to-use spice blends and seasonings offers ease of use and saves time in the kitchen, appealing to busy consumers, professionals, and students. Besides this, the increasing demand for spices and seasonings is due to numerous health benefits, as turmeric is known for its anti-inflammatory properties, and cinnamon is associated with blood sugar regulation, further propelling the market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

Salt and Salt Substitutes
Herbs
Thyme
Basil
Oregano
Parsley
Others
Spices
Pepper
Cardamom
Cinnamon
Clove
Nutmeg
Others

Breakup by Application:

Meat & Poultry Products
Snacks & Convenience Food
Soups, Sauces and Dressings
Bakery & Confectionery
Frozen Products
Beverages
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Ajinomoto
ARIAKE JAPAN Company
Associated British Foods
Baria Pepper
Döhler
DS Group
Everest Spices
Kraft Heinz Company
Kerry Group
McCormick & Company
Olam International
Sensient Technologies
SHS GROUP
Spice Hunter
Unilever
Worlée

Explore full report with table of contents: https://www.imarcgroup.com/spices-seasonings-market

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