How big is the Seasoning and Spices Market?

The Seasoning and Spices Market size is expected to reach USD 19.89 billion in 2024 and grow at a CAGR of 5.18% to reach USD 25.60 billion by 2029. Read More

What is the current Seasoning and Spices Market size?

In 2024, the Seasoning and Spices Market size is expected to reach USD 19.89 billion. Read More

Who are the key players in Seasoning and Spices Market?

Kikkoman Corporation, Olam International, Sensient Technologies Corporation, Kerry Group Plc and Cargill Incorporated are the major companies operating in the Seasoning and Spices Market. Read More

Which is the fastest growing region in Seasoning and Spices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Seasoning and Spices Market?

In 2024, the Europe accounts for the largest market share in Seasoning and Spices Market. Read More

What years does this Seasoning and Spices Market cover, and what was the market size in 2023?

In 2023, the Seasoning and Spices Market size was estimated at USD 18.91 billion. The report covers the Seasoning and Spices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Seasoning and Spices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the growing trends in consumer preferences for spices and seasonings?

The growing trends in consumer preferences for spices and seasonings are a) Interest in ethnic flavors b) Health-conscious ingredients c) Convenience formats Read More

Spices and Seasonings Market Report | Industry Analysis, Size & Growth Insights

Spices and Seasonings Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Trends and Opportunities in the Global Spice Industry and is segmented by Product Type (Salt and Salt Substitutes, Herbs and Seasonings, and Spices); by Application (Bakery and Confectionery, Soup, Noodles and Pasta, Meat, and Seafood, Sauces, Salads, and Dressing, Savory Snack, and Other Applications); by Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa). The report offers market size and values in (USD Million) during the forecasted years for the above segments.

Spices and Seasonings Industry Overview

The global spices and seasonings market is highly fragmented and competitive with various players. Companies constantly make efforts to optimize the supply chain, which may ensure efficient product circulation in the market. Major manufacturers in the market are constantly making efforts and investing capital in marketing and advertising, with a major focus on bringing awareness to consumers about the flavor profiles and quality of their products. The companies are making themselves more competitive by strengthening their distribution systems, entering partnerships, acquisitions, new regions, expanding product range, etc. Some major players operating in the market are Kikkoman Corporation, McCormick & Company, Inc., Olam International, Kerry Group Plc, and Sensient Technologies Corporation.