U.S. Spice and Extract Market Report, 2017-2025

IndexBox has just published a new report "U.S. Spice And Extract Market. Analysis And Forecast to 2025" ( http://www.indexbox.co.uk/store/us-spice-and-extract-market-analysis-and-forecast-to-2020?utm_source=opr ).

This report is best suitable for you if you:
• Are planning to enter a new geographical market and wish to know which one is best for your product
• Are planning to enter a new product market and want to have a detailed overview of the market before entering
• Already work in a given market and want to update your knowledge on the topic
• Are developing/reviewing your company strategy and wish to know the existing trends in the market
• Want to find the best country to import a product from
• Are consulting a client in the given industry and wish to get a deep understanding of the situation in the market
• Are planning to open new production facilities and wish to choose the best location.

The report serves the above mentioned purposes by providing a deep analysis of the key indicators of the spice and extract market. It includes a market overview, which consolidates the key conclusions made from the analysis of the market survey, giving insights on the most valuable markets based on the comparative analysis. The report also provides a forecast of how the market is expected to change in the coming years, based on historical trends, external and internal factors, and the main drivers changing the market. Each section contains a a detailed study of the data provided. Specifically, the report presents the historical developments and existing projections of spice and extract production volumes, consumption data, as well as producer prices.
The trade section provides crucial data, such as historical data on imports/exports, changes in the direction of trade, as well as import/export prices. Analysis of spice and extract trade shows the opportunities that are opening before producers and suppliers in a changing market.

Product coverage: Table salt (evaporated), pepper (white and black), and other spices; Flavoring extracts, emulsions, and other liquid flavors and food colorings (excluding synthetic); Dry mix food preparations; Spice and extract manufacturing, nsk, total.

Countries coverage: the U.S.

Abstract:
In 2015, the value of spice and extract production in the U.S. amounted to $10.1B, falling by -2.3% against the previous year level. Overall, the U.S. spice and extract output pursued a pronounced growth from 2007 to 2015. The total output figures increased at an average annual rate of +4.1%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2012, when the output figure increased by +13% from the previous year level. Over the period under review, the total value of spice and extract shipments in the United States peaked at $10.4B in 2014, falling back in the following year.

Dry mix food preparations accounted for the highest share (36% in 2015) of U.S. spice and extract manufacturing, leaving a considerable room for flavoring extracts, emulsions, and other liquid flavors and food colorings (excluding synthetic) (36%). The other related products with less notable individual shares together comprised approx. 28% of the total output.

Data coverage:
• Spice and extract market value and size;
• Major trends in the spice and extract market;
• Forecast of the market dynamics in the medium term;
• Exports, imports and trade balance;
• Import and export prices;
• Life cycle of the spice and extract industry;
• Number of establishments and their locations;
• Spice and extract industry productivity.
• Key market players and their profiles.

Methodology:
Our methodology consists of obtaining information from various trusted sources (both paid and open), which include, but are not limited to:
• International official statistical agencies
• Governmental statistical agencies
• Official trade statistics
• Paid trade databases
• Industrial associations
• Company reports
• Industry experts.

Companies mentioned:
McCormick & Company Incorporated,
Griffith Laboratories,
Kalsec,
Mizkan Americas,
Fona International,
Wixon,
Watkins Incorporated,
Sensoryeffects Flavor Company,
Elite Spice, K+s Salt,
Tone Brothers,
Gel Spice Co.,
Spice Chain Corporation,
Pizza Blends,
Red Arrow Products Company,
Compass Minerals America,
Griffith Laboratories U.S.A.,
Wixon Industries,
Kalamazoo Holdings,
Mizkan America Holdings,
Griffith Laboratories International,
Performance Chemicals & Ingredients Company,
Griffith Laboratories Worldwide,
K+s Montana Holdings

Our research team compare the information gathered, confirm it with sources when required, and analyze the collected data, developing a full clear picture of the market and coming up with the final numbers. It is crucial to understand the trends of the market, for which we do provide study, taking into account events in the market, in adjacent and related markets, raw material markets, and markets, which are the main demand creators for the product under research. As for the forecast, it is conducted using analytical models of data on consumption, production, exports, imports, prices, as well as the industry trends, economic trends, consumption trends, possible political and technological trends.

Source: http://www.indexbox.co.uk/store/us-spice-and-extract-market-analysis-and-forecast-to-2020?utm_source=opr

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Company Name: IndexBox
Contact Person: Kirill Bezverhi
Email: kirill.bezverhi@indexbox.co.uk
Phone: +44 20 3239 3063
Adress: United Kingdom, 44 Main Street, Douglas, South Lanarkshire, Scotland, ML11 0QW

This release was published on openPR.