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Spices and Seasonings Market Size to Surpass US$ 41.2 Billion at 4.5% CAGR by 2032

01-31-2024 07:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Spices and Seasonings Market Size to Surpass US$ 41.2 Billion

IMARC Group, a leading market research company, has recently releases report titled "๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ (๐’๐š๐ฅ๐ญ ๐š๐ง๐ ๐’๐š๐ฅ๐ญ ๐’๐ฎ๐›๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ž๐ฌ, ๐‡๐ž๐ซ๐›๐ฌ, ๐’๐ฉ๐ข๐œ๐ž๐ฌ), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง (๐Œ๐ž๐š๐ญ & ๐๐จ๐ฎ๐ฅ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐’๐ง๐š๐œ๐ค๐ฌ & ๐‚๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐œ๐ž ๐…๐จ๐จ๐๐ฌ, ๐’๐จ๐ฎ๐ฉ๐ฌ, ๐’๐š๐ฎ๐œ๐ž๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ž๐ฌ๐ฌ๐ข๐ง๐ ๐ฌ, ๐๐š๐ค๐ž๐ซ๐ฒ & ๐‚๐จ๐ง๐Ÿ๐ž๐œ๐ญ๐ข๐จ๐ง๐ž๐ซ๐ฒ, ๐…๐ซ๐จ๐ณ๐ž๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ", The global spices and seasonings market size reached US$ 27.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/spices-seasonings-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐‘๐ข๐ฌ๐ข๐ง๐  ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ ๐ข๐ง ๐„๐ญ๐ก๐ง๐ข๐œ ๐‚๐ฎ๐ข๐ฌ๐ข๐ง๐ž๐ฌ:

The growing popularity of ethnic cuisines worldwide represents one of the key factors propelling the market growth. People are becoming more adventurous in their eating habits and seeking authentic flavors from different cultures, catalyzing the demand for a variety of spices. This is further supported by globalization and the ease of access to recipes and cooking techniques from around the world through digital media. Consumers are experimenting with exotic spices in their cooking, which is catalyzing the demand for both common and rare spices. This approach not only satisfies the desire for novelty but also introduces exotic spices to a wider audience.

๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐š๐ง๐ ๐’๐ญ๐จ๐ซ๐š๐ ๐ž ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

Rising advances in packaging and storage technology are bolstering the market growth. Proper packaging is crucial for maintaining the flavor, color, and aroma of spices and for prolonging shelf life. Innovations in this area, including vacuum packing and the use of inert gases, are improving the quality and longevity of spices. Furthermore, developments in transportation and storage, such as climate-controlled containers, are facilitating long-distance transport of spices without loss of quality. These technological improvements are helping to maintain the integrity of spices from the producer to the consumer, thus enhancing the overall appeal and reliability of spice products.

๐‡๐ž๐š๐ฅ๐ญ๐ก ๐š๐ง๐ ๐–๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ:

Health-conscious consumers are recognizing the health benefits of natural spices and herbs. Spices, including turmeric, ginger, and cinnamon, are known for their anti-inflammatory, antioxidant, and therapeutic properties. This awareness is driving consumers to incorporate more spices into their diets as a natural alternative to artificial flavors and additives. The growing body of scientific research supporting the health benefits of spices is further reinforcing this trend. Additionally, the rising popularity of herbal teas and natural supplements is driving the demand for spices as people seek natural ways to boost immunity and improve overall health.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Ajinomoto Co. Inc.
ARIAKE JAPAN Co. Ltd.
Associated British Foods plc
Baria Pepper Co. Ltd.
Dรถhler GmbH
DS Group
EVEREST Food Products Pvt. Ltd.
The Kraft Heinz Company
Kerry Group plc
McCormick & Company
Olam International
Sensient Technologies Corporation
SHS Group
Spice Hunter (Sauer Brands Inc.)
Unilever plc
Worlรฉe-Chemie GmbH

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/spices-seasonings-market

๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

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

Spices represent the largest segment due to the widespread use of spices as essential flavor enhancers in various cuisines worldwide.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

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

Meat and poultry products hold the biggest market share as spices and seasonings are commonly used to enhance the flavor of meat and poultry products.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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

Asia Pacific dominates the market on account of the rich culinary traditions and the incorporation of spices and seasonings in traditional cuisines.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐’๐ฉ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐’๐ž๐š๐ฌ๐จ๐ง๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The rising trend of using spices as natural preservatives in the food industry is gaining momentum. The growing consumer awareness about the adverse health effects of artificial preservatives is prompting food manufacturers to use natural alternatives like rosemary extract, clove, and cinnamon. These spices not only extend the shelf life of products by inhibiting bacterial growth but also add distinctive flavors. This dual functionality is particularly appealing in the organic and natural food sectors, where clean labeling and the use of natural ingredients are crucial. By embracing spices as preservatives, manufacturers can cater to health-conscious consumers while also enhancing the sensory profile of their products.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ

๐๐š๐œ๐ค๐š๐ ๐ž๐ ๐’๐š๐ฅ๐š๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/packaged-salad-market

๐Ž๐š๐ญ ๐Œ๐ข๐ฅ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/oat-milk-market

๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐–๐š๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/functional-water-market

๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ ๐–๐š๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/premium-bottled-water-market

๐Œ๐š๐ซ๐ ๐š๐ซ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/margarine-market

๐‘๐ข๐œ๐ž ๐๐จ๐จ๐๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/rice-noodles-market

๐“๐จ๐ฆ๐š๐ญ๐จ ๐Š๐ž๐ญ๐œ๐ก๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/prefeasibility-report-on-a-tomato-ketchup-manufacturing-plant

๐๐ซ๐จ๐›๐ข๐จ๐ญ๐ข๐œ ๐ƒ๐ข๐ž๐ญ๐š๐ซ๐ฒ ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/probiotic-dietary-supplement-market

๐€๐œ๐ข๐๐ข๐ญ๐ฒ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/acidity-regulators-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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The global organic cinnamon market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the organic cinnamon market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth of theโ€ฆ
Mustard Powder Market Size, Segments, Outlook and Revenue Forecast 2023-2032: Sa โ€ฆ
The mustard powder industry is expanding rapidly and will continue to expand in the coming years. Mustard is a herb that is grown as an oil seed crop, a vegetable, or as fodder. Because of its distinctive yellow tint, mustard powder is sometimes known as American yellow mustard. Mustard powder salts, species soups, sauces, and salads are some of the goods that have been used to many culinary products toโ€ฆ
Celery Flakes Market - A Comprehensive Study by Key Players: McCormick, The Spic โ€ฆ
The report extensively examines the global Celery Flakes market while focusing on the leading companies and their business strategies, geographical growth, market segmentation, competitive environment, production, price, and cost structures. Each section of the research report has been carefully designed to examine important facets of the global market for Celery Flakes . For instance, the market dynamics section delves deeply into the trends, opportunities, and drivers influencing the global marketโ€ฆ
Whats Driving The Organic Spice Market Size? Earthen Delight, SpicesInc, Starwes โ€ฆ
The global Organic Spice market was valued at USD 20 Billion in 2017 and is predicted to reach USD 40 Billion by 2025, growing at a CAGR of 7.5% from 2019 to 2025.Decresearch has recently published a study titled 'Global Organic Spice Market Research Report'. In this report, analysts have provided a detailed evaluation of the global Organic Spice market. The report is inclusive of a completely comprehensive study ofโ€ฆ