The 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.
The Spices and Seasonings Market research report will also provide a slice of the action for big partners who act as global-scale transformers. The major item contributions, key differentiators, income share, market size, market status, and techniques will all be taken into account in this subjective and quantitative analysis. The research will also discuss significant agreements, partnerships, and international organizations that are about to transform certain market segments on a global basis.
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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
- Capsicum (chillies)
- Cayenne pepper
- Black and White peppers
- Ginger
- Mustard
- Others
- Mild spices
- Paprika
- Coriander
- Others
- Aromatic spices
- Cardamom
- Cassia
- Cinnamon
- Clove
- Cumin
- 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
- Western 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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