spices and seasoning Market Size is Expected to Reach Around CAGR 6.1% 2032

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

• The global spices and seasoning market were valued at USD 40.00 billion in 2023.
• The market is expected to expand at a CAGR of 6.1% from 2024-2032.
• The industry is expected to grow to USD 68.22 billion by 2032.

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Spices are normally obtained from plants and are utilized to append flavor, aroma, and color to cuisines. Instances of spices include cinnamon, nutmeg, cardamom, black pepper, cumin, and paprika. They can be used entirely or in a ground form and are frequently appended to the commencement of cooking to permeate flavor to the cuisine. Seasoning indicates a merger of herbs, spices sa, salt, and other additives to improve the taste of food. Seasoning mixtures can be configured with an assortment of components, including spices, dried herbs, salt, and dehydrated vegetables.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/spices-seasonings-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

The global trend towards vegetarianism and veganism is speedily proliferating, distinguished by a notable rise in the vegan population in the US and the UK, driving up the demand for spices and seasonings. Moreover, the escalated consciousness of medicinal advantages linked with spices and herbs, together with the escalated inclination to cook at home, will propel the spices and seasonings market forward.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
The spices and seasoning market are distinguished by the existence of a handful of entrenched players and many minuscule and medium players. The list of key companies profiled are:

• Ajinomoto Co, Inc.
• ARIAKE JAPAN CO, LTD.
• Associated British Foods plc
• Baria Pepper
• Bart Ingredients
• Dohler Group
• DS Group
• Everest Spices
• Kerry
• McCormick & Company, Inc.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.polarismarketresearch.com/buy/1004/2

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

The spices and seasonings analysis are mainly based on form, product, distribution channel, and region. Based on form, the powder segment witnesses the fastest growth. Also, according to form, the whole seasoning and spices segment holds a significant revenue share. This is pushed by enhanced aroma and taste transmitted to meals and dishes via the consolidation of whole spices.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬:
https://www.polarismarketresearch.com/industry-analysis/spices-seasonings-market

𝐒𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐒𝐞𝐚𝐬𝐨𝐧𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The Powder segment claimed the highest revenue share in 2023. Many foodservice establishments are integrating powdered spices to elevate the flavor, taste, and color of their prepared dishes. In a 2019 survey conducted by Kalsec, a prominent global provider of innovative spice and herb flavor extracts, over half of consumers expressed a preference for hot and spicy food options in their meals. Consequently, food processors, restaurants, hotels, cafes, and various others have adopted a diverse range of powdered spices and seasonings.

• The Spices segment secured the highest market share during the forecast period. Globalization has exposed people to a variety of flavors worldwide and increased awareness of the nutritional benefits linked to spices, driving heightened demand in the international market. The diverse capacity of spices to impart different flavors has significantly contributed to their rapid global growth. While turmeric, pepper, and cinnamon emerge as the most extensively consumed spices globally, other readily available options in the market include cloves, garlic, cardamom, ginger, chili, vanilla, and cumin seeds.

• In 2023, Asia Pacific emerged as the dominant market. The prevalent use of seasonings in this region is associated with the surge in disposable income, the establishment of various domestic spice and herb brands, and heightened marketing and promotional activities. Notably, key spice and herb-producing nations, including India, Vietnam, China, and Thailand, contribute to positioning the Asia Pacific as a major global exporter. Shifting global market trends and migration have prompted alterations in consumer food preferences, creating new prospects for foodservice outlets to incorporate a varied range of seasonings into their culinary offerings.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

𝗧𝗼𝗻𝗶𝗰 𝗪𝗶𝗻𝗲 𝗠𝗮𝗿𝗸𝗲𝘁:
https://www.polarismarketresearch.com/industry-analysis/tonic-wine-market
𝗖𝗼𝗿𝗻 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/corn-market
𝗦𝗼𝘆𝗯𝗲𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/soybean-market
𝗦𝗺𝗼𝗼𝘁𝗵𝗶𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/smoothies-market
𝗚𝗹𝘂𝘁𝗲𝗻-𝗳𝗿𝗲𝗲 𝗕𝗮𝗸𝗶𝗻𝗴 𝗠𝗶𝘅𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/gluten-free-baking-mixes-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
Polaris Market Research
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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