Europe Seasoning and Spices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.22 Billion |
| Market Size (2029) | USD 7.73 Billion |
| CAGR (2024 - 2029) | 4.46 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Seasoning and Spices Market Analysis
The Europe Seasoning and Spices Market size is estimated at USD 6.22 billion in 2024, and is expected to reach USD 7.73 billion by 2029, growing at a CAGR of 4.46% during the forecast period (2024-2029).
The market for European spices and seasonings witnessed a rapid uptick with the onset of the COVID-19 pandemic, wherein some selected spices that are supposed to provide immunity, such as turmeric, dried peppers, cinnamon, dried garlic, ginger, and echinacea, received tremendous response in the market. For instance, according to the International Trade Centre data, in 2021, the aggregate import value of ginger, saffron, turmeric "Curcuma," thyme, bay leaves, curry, and other spices in Central and Eastern Europe (CEE) reached USD 3,750,542 from USD 3,596,691 in 2020.
The market witnessed significant growth due to the rising demand for convenient food products and the availability of various product varieties, with a mix of regional snack flavors. Newly industrializing markets are providing new market opportunities for the seasonings and spices market. The increasing interest in new foods, natural organic products from sustainable sources, fair-trade promotions, natural health remedies, and pharmaceutical developments assist in providing new market opportunities.
The increasing knowledge of health and wellness issues among the local and ex-pat population and the increasing purchasing power led to the growing interest in organic spices.
Europe Seasoning and Spices Market Trends
This section covers the major market trends shaping the Europe Seasoning & Spices Market according to our research experts:
Growing Popularity of Ethnic Food in the Region
Globalization is inspiring European consumers to search for new flavor experiences. Adventurous consumers, especially millennials, are constantly seeking out new foods and flavors worldwide. As a result, manufacturers are adding more spices and herb varieties to the market. Consumers have become more interested in other cultures, resulting in more product launches that advertise and connect the flavor, name of the country, brand, and product (for example, Za'atar Authentic Lebanese Herb Blend). Brands use labels such as discover, explore, uncover, unveil, and unravel to stimulate the demand from curious consumers. Europeans are looking for traditional Asian and Hispanic spices and seasonings, such as jalapeño, poblano, and ginger, to be mixed with more exotic ingredients and flavors, including dragon fruit, ghost pepper, harissa, and bitter orange.
The reason for the increasing popularity of ethnic cuisine is the growing multicultural population in the region due to the rising ex-pat population in countries like the United Kingdom, Germany, France, and Italy, along with the growing travel to exotic destinations. As a result, the demand for spices, herbs, and seasonings used in exotic cuisines is also growing, along with rising import of spices in the region. For instance, the European countries consist of many ethnicities from across the world, including Chinese, Indian, and Pakistani, who make up a major share of the working population. This population group has high demand for ethnic ready-to-eat or ready-to-cook food products. According to the Office for National Statistics (United Kingdom), in 2020-2021, there were approximately 896,000 Indian nationals living in the United Kingdom, followed by 682,000 Polish, 456,000 Pakistani, and 412,000 Irish. Thereby, this factor is driving the application of seasonings and spices in the ethnic ready-to-eat or ready-to-cook food products.
United Kingdom is the Largest Market
There is a growing demand for ethnic spice blends due to the rising popularity of ethnic cuisine and healthy foods and the increasing consumption of convenient, processed, and ready-to-eat dishes. In the United Kingdom, local street food is inspiring the flavors and recipes of new spice blends, sauces, and condiments. Herb and spice blends such as biryani blend, Chinese five spice, and Lebanese seven spice are commonly used in the foodservice industry. Therefore, the popularization of all-in-one spices is primarily driving the market's growth. The demand for dried herbs is strong in the United Kingdom. Hence, this category is regarded as a key part of the overall market for herbs. The rising demand from food manufacturers, chefs, foodservice operators, and consumers, coupled with the increasing popularity of home cooking, is boosting the market's growth. Companies in Europe are making new investments to expand their sites to meet the increasing customer requests and larger orders from existing clients.
Europe Seasoning and Spices Industry Overview
The market is highly competitive due to the presence of domestic and international players in this sector. The major players in the industry are Doehler Group SE, Kerry Group PLC, Olam International, and Sensient Technologies Corporation. Key players are majorly focusing on product development and innovation to meet the consumer's needs by offering a variety of tastes and quality to maintain premiumization. Some of the major players use mergers and acquisitions as their key strategy to sustain and secure a leading position in the industry. This trend will enable the companies to maintain dominance over other players and remain a strong competition in the market.
Europe Seasoning and Spices Market Leaders
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Doehler Group SE
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Olam International
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Sensient Technologies Corporation
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Kerry Group PLC
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Arikon AG
*Disclaimer: Major Players sorted in no particular order
Europe Seasoning and Spices Market News
- DEC 2021: Univar BV, a subsidiary of Univar Solutions Inc., a global chemical and ingredient distributor and provider of value-added services, announced the expansion of its Ingredients & Specialties (I&S) portfolio through a new exclusive distribution agreement with Kalsec Inc.
- AUG 2021: Nedspice Group of Companies collaborated with Bia Analytical in the fight against food fraud and added another product to the list of spices where authenticity can be verified using a fast, reliable, and accredited method to ensure consumer protection.
- APR 2021: Döhler partnered with Flavourtech to continue its expansion in the area of natural fruit and vegetable flavor seasonings.
Europe Seasoning and Spices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Salt and Salt Substitutes
- 5.1.2 Herbs and Seasonings
- 5.1.2.1 Thyme
- 5.1.2.2 Basil
- 5.1.2.3 Oregano
- 5.1.2.4 Parsley
- 5.1.2.5 Other Herbs
- 5.1.3 Spice
- 5.1.3.1 Pepper
- 5.1.3.2 Cardamom
- 5.1.3.3 Cinnamon
- 5.1.3.4 Clove
- 5.1.3.5 Nutmeg
- 5.1.3.6 Turmeric
- 5.1.3.7 Other Spices
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5.2 Application
- 5.2.1 Bakery and Confectionery
- 5.2.2 Soup, Noodles, and Pasta
- 5.2.3 Meat and Seafood
- 5.2.4 Sauces, Salads, and Dressing
- 5.2.5 Savory Snacks
- 5.2.6 Other Applications
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5.3 Geography
- 5.3.1 Spain
- 5.3.2 United Kingdom
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 Italy
- 5.3.6 Russia
- 5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 SHS Group
- 6.3.2 Prymat Group
- 6.3.3 Olam International
- 6.3.4 Kerry Group PLC
- 6.3.5 Arikon Group
- 6.3.6 Sensient Technologies Corporation
- 6.3.7 Doehler GmbH
- 6.3.8 Kalsec Inc.
- 6.3.9 Nedspice Group
- 6.3.10 Solina Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityEurope Seasoning and Spices Industry Segmentation
Spices and seasonings are widely used to add flavor, aroma, color, and taste to food and beverages and sometimes act as preservatives or antibacterial agents. Manufacturers use these attributes of spices and seasonings to improve their product quality and taste and increase their shelf life. The European seasoning and spices market is segmented into product type, application, and geography. By product type, the market is segmented into salt and salt substitutes, herbs and seasonings, and spices. Herbs and seasonings are further sub-segmented into thyme, basil, oregano, parsley, and other herbs. Spices are sub-segmented into pepper, cardamom, cinnamon, clove, nutmeg, turmeric, and other spices. By application, the market is segmented into bakery and confectionery, soup, noodles, and pasta, meat and seafood, sauces, salads, and dressing, savory snacks, and other applications. The market is also segmented by country into Spain, United Kingdom, France, Germany, Russia, Italy, and Rest of Europe. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Product Type | Salt and Salt Substitutes | |
| Herbs and Seasonings | Thyme | |
| Basil | ||
| Oregano | ||
| Parsley | ||
| Other Herbs | ||
| Spice | Pepper | |
| Cardamom | ||
| Cinnamon | ||
| Clove | ||
| Nutmeg | ||
| Turmeric | ||
| Other Spices | ||
| Application | Bakery and Confectionery | |
| Soup, Noodles, and Pasta | ||
| Meat and Seafood | ||
| Sauces, Salads, and Dressing | ||
| Savory Snacks | ||
| Other Applications | ||
| Geography | Spain | |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe |
Europe Seasoning and Spices Market Research FAQs
How big is the Europe Seasoning and Spices Market?
The Europe Seasoning and Spices Market size is expected to reach USD 6.22 billion in 2024 and grow at a CAGR of 4.46% to reach USD 7.73 billion by 2029.
What is the current Europe Seasoning and Spices Market size?
In 2024, the Europe Seasoning and Spices Market size is expected to reach USD 6.22 billion.
Who are the key players in Europe Seasoning and Spices Market?
Doehler Group SE, Olam International, Sensient Technologies Corporation , Kerry Group PLC and Arikon AG are the major companies operating in the Europe Seasoning and Spices Market.
What years does this Europe Seasoning and Spices Market cover, and what was the market size in 2023?
In 2023, the Europe Seasoning and Spices Market size was estimated at USD 5.95 billion. The report covers the Europe Seasoning and Spices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Seasoning and Spices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Seasoning and Spices Industry Report
The European seasoning and spices market is a dynamic and evolving industry, segmented by product type into salt and salt substitutes, herbs and seasonings, and spices. The market is further categorized by application, including bakery and confectionery, soup, noodles, and pasta, meat and seafood, sauces, salads, and dressing, savory snacks, and other applications. This comprehensive market analysis offers insights into the market size and values in USD million for these segments.
Market growth in this sector is driven by various factors, including changing consumer preferences and the increasing demand for diverse and exotic flavors. The market forecast indicates a positive outlook, with an emphasis on the growth rate and market value over the coming years. Key market leaders are continuously innovating to cater to the evolving tastes of consumers, which is reflected in the market segmentation and market review.
The report provides an industry overview, highlighting the significant trends and market predictions. Detailed industry analysis and industry research are essential components of this report, offering a thorough understanding of the market dynamics. The market data and market forecast are crucial for stakeholders to make informed decisions.
This industry report includes industry statistics and industry trends, which are vital for comprehending the market landscape. The market outlook and industry outlook sections provide a detailed view of the future prospects of the market. Additionally, the report includes a sample report PDF for further reference.
Industry information and industry reports are indispensable for understanding the market's trajectory. The market overview section sheds light on the current state of the market, while the market segmentation details the various applications and product types. The market value and market growth sections highlight the financial aspects of the market, providing a comprehensive view of the industry's economic impact.
Research companies play a pivotal role in compiling this report, ensuring that the data is accurate and up-to-date. The report example and report PDF sections provide additional resources for a deeper dive into the market analysis. The industry sales and industry size sections offer insights into the market's scale and economic significance.
In summary, this report on the European seasoning and spices market is a valuable resource for understanding the market dynamics, industry trends, and future outlook. It is essential for stakeholders looking to navigate the complexities of this vibrant market.
