Spices and Seasoning Market
Spices and Seasoning Market Size, Share & Trends Analysis Report by Type (Pepper, Chili, Ginger, Cinnamon, Cumin, Turmeric, Nutmeg and Mace, Cardamom, Cloves, and Others), by Application (Meat and Poultry, Bakery and Confectionery, Frozen Foods, Snacks and Convenience Foods, and Others), and by Nature (Organic and Conventional) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Spices and seasoning market is expected to grow at a CAGR of 5.5% during the forecast period. The market's growth is attributed to the rising awareness of health benefits across the globe. Consumers are becoming more health conscious, and they are incorporating spices such as turmeric, moringa powder, black pepper powder, cinnamon powder, ginger powder, whole cloves, and others into their daily meals. These spices are known for their antioxidant’s properties, which improves the heart health and build immunity. Hence, the key market players are focusing on providing exclusive and innovative bundle of spices to gain traction of the consumers. For instance, in March 2023, Vahdam launched the Vahdam Spices Kitchen Essentials Box, that is an assortment of 9 spices. The box will include certified organic spices such as turmeric powder, black pepper powder, cinnamon powder, ginger powder, whole cloves, cumin powder, and onion powder, among others.
Segmental Outlook
The spices and seasoning market is segmented based on type, application, and nature. Based on type, the market is sub-segmented into pepper, chilli, ginger, cinnamon, cumin, turmeric, nutmeg, mace, cardamom, cloves, and others. Based on the application, the market is augmented into meat and poultry, bakery and confectionery, frozen foods, snacks and convenience foods, and others. Further, based on the nature, the market is bifurcated into organic and conventional. Among the type segment, the pepper sub-segment is anticipated to hold a significant market share. Peppers are known as the seasoning superstars, and consumers are increasingly seeking out specific peppers for heat, culinary authenticity, and stuffed flavours.
The Organic Sub-Segment is Anticipated to Hold a Prominent Share of The Global Spices and Seasoning Market
Among the nature, the organic sub-segment is expected to hold a prominent share of the market. The segmental growth is attributed to the rising demand for organic species and seasonings to enhance food taste across the globe. As a result of consumer demand for organic products, many companies have begun to offer organic variants of their products, such as organic vanilla bean paste and dairy-free cheese sauce mixes. Additionally, there has been a rise in organic certifications and labelling initiatives which helps consumers to identify and select organic options more easily. For instance, in March 2022, Norway, Iowa, announced the latest kitchen must-haves with its new Simply Organic Vanilla Bean Paste and Dairy-Free Cheese Sauce Mixes. The Vanilla Bean Paste is an organic flavouring paste that is available in 4oz glass jars in Q2 and 2oz in Q3. The Dairy-Free Cheese Sauce Mixes, That are vegan, gluten-free, and shelf-stable, come in three flavours and will be available in 0.85-oz pouches in Q2.
Regional Outlooks
The global spices and seasoning market is analysed across key regions, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, Europe is projected to witness a prominent growth during the forecast period, driven by the presence of leading research institutions and a strong focus on technological advancements. Additionally, there is a considerable increase in the demand for Ceylon cinnamon, owing to the discovery of new medicinal properties. As a result, the number of adulterations of this spice with cassia variety has significantly increased.
Global Spices and Seasoning Market Growth by Region 2023-2030
The Asia-Pacific Region is Anticipated to Hold a Considerable Share of the Global Spices and Seasoning Market
The Asia-Pacific region is anticipated to hold a significant share in the global spices and seasoning market over the projected period. The market share is attributed to the increasing demand and trading activities for the export of spices from India. According to the India Brand Equity Foundation (IBEF), India is the globe’s largest exporter of spices and spice products. The country exported spices worth $4,102.29 million in 2021–22. Total export volumes of chilli, cumin, turmeric, and ginger in the FY22 were 0.55, 0.21, 0.15, and 0.14 million metric tonnes, respectively. Chilli, ginger, cardamom (small and large), coriander, turmeric, celery, cumin, fennel, fenugreek, other seeds such as ajwain seed, mustard, aniseed, nutmeg, and mace, and other spices such as asafoetida, tamarind, etc., increased in both value and volume during 2020–21. Exports of value-added products such as spice oils and oleoresins increased in both value and volume; exports of curry powder and paste increased in both value and volume; and exports of mint products increased in both value and volume. Spice exports from India increased by 6.62% to $330.46 million in September 2022. India exported 1.53 million metric tonnes of spices in 2021–22.Market
Market Players Outlook
The major companies serving the global spices and seasoning market include Ariake Japan Co., Ltd., Bart Ingredients Corp., Dohler GmbH, Ds Group, Everest Food Products Pvt. Ltd., and others. The market players are considerably contributing to market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, Kraft Heinz Co. launches Just Spices in the US market, just one year after the company completed its acquisition of a majority stake in the business. Just Spices is expected to be a critical growth driver for Kraft Heinz’s Taste Elevation business, that is focused on flavour enhancement and is one of the company’s platforms for continued growth as outlined as part of its long-term strategy.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global spices and seasoning market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Market Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Ajinomoto Co. Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Associated British Foods Plc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Kerry Group Plc
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Development
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Spices and Seasoning by Type
4.1.1. Pepper
4.1.2. Chili
4.1.3. Ginger
4.1.4. Cinnamon
4.1.5. Cumin
4.1.6. Turmeric
4.1.7. Nutmeg and Mace
4.1.8. Cardamom
4.1.9. Cloves
4.1.10. Others
4.2. Global Spices and Seasoning by Application
4.2.1. Meat and Poultry
4.2.2. Bakery and Confectionery
4.2.3. Frozen Foods
4.2.4. Snacks & Convenience Foods
4.2.5. Others
4.3. Global Spices and Seasoning by Nature
4.3.1. Organic
4.3.2. Conventional
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Ariake Japan Co., Ltd.
6.2. Bart Ingredients Corp.
6.3. Dohler GmbH
6.4. The DS Group
6.5. Everest Food Products Pvt. Ltd.
6.6. Friedrich Ingredients
6.7. Mccormick and Co., Inc.
6.8. Moguntia Food Group AAG
6.9. Olam Group
6.10. Pacific Spice Co. Inc.
6.11. Badshah Masala
6.12. Patanjali Ayurved
6.13. MDH Spices
6.14. Sensient Technologies Corp.
6.15. Shs Group
6.16. Vkl Seasoning Pvt. Ltd.
6.17. Watkins Incorporated
6.18. Worlée Group
6.19. Zhumadian Wang Shouy
1. GLOBAL SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL PEPPER SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL CHILI SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL GINGER SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL CINNAMON SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL CUMIN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL TURMERIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL NUTMEG AND MACE SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL CARDAMOM SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL CLOVES SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL OTHER TYPES OF SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
13. GLOBAL SPICES AND SEASONING FOR MEAT AND POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL SPICES AND SEASONING FOR BAKERY AND CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL SPICES AND SEASONING FOR FROZEN FOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL SPICES AND SEASONING FOR SNACKS AND CONVENIENCE FOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL SPICES AND SEASONING FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY NATURE, 2022-2030 ($ MILLION)
19. GLOBAL ORGANIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL CONVENTIONAL SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. GLOBAL SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. NORTH AMERICAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
24. NORTH AMERICAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
25. NORTH AMERICAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY NATURE, 2022-2030 ($ MILLION)
26. EUROPEAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. EUROPEAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
28. EUROPEAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
29. EUROPEAN SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY NATURE, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
32. ASIA-PACIFIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. ASIA-PACIFIC SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY NATURE, 2022-2030 ($ MILLION)
34. REST OF THE WORLD SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
36. REST OF THE WORLD SPICES AND SEASONING MARKET RESEARCH AND ANALYSIS BY NATURE, 2022-2030 ($ MILLION)
1. GLOBAL SPICES AND SEASONING MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL PEPPER SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL CHILI SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL GINGER SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL CINNAMON SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL CUMIN SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL TURMERIC SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL NUTMEG AND MACE SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL CARDAMOM SPICES AND SEASONING SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL CLOVES SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL OTHER TYPES OF SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL SPICES AND SEASONING MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
13. GLOBAL SPICES AND SEASONINGS FOR MEAT AND POULTRY MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL SPICES AND SEASONING FOR BAKERY AND CONFECTIONERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL SPICES AND SEASONING FOR FROZEN FOODS MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL SPICES AND SEASONING FOR SNACKS AND CONVENIENCE FOODS MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. GLOBAL SPICES AND SEASONING FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL SPICES AND SEASONING MARKET SHARE BY NATURE, 2022 VS 2030 (%)
19. GLOBAL ORGANIC SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL CONVENTIONAL SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. GLOBAL SPICES AND SEASONING MARKET SHARE BY REGION, 2022 VS 2030 (%)
22. US SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
23. CANADA SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
24. UK SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
25. FRANCE SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
26. GERMANY SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
27. ITALY SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
28. SPAIN SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF EUROPE SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
30. INDIA SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
31. CHINA SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
32. JAPAN SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
33. SOUTH KOREA SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF ASIA-PACIFIC SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD SPICES AND SEASONING MARKET SIZE, 2022-2030 ($ MILLION)
