Spices and Seasonings Market Size and Forecast

Spices and Seasonings Market was valued at USD 13.94 Billion in 2019 and is projected to reach USD 20.03 Billion by 2027, growing at a CAGR of 5.0% from 2020 to 2027.

The growing demand for convenience foods is one of the significant drivers of the market. People are increasingly including traditional food items in their daily food intake. Furthermore, a rise in retail channels such as supermarkets and hypermarkets in urban areas is anticipated to enhance the supply of spices, which successively is predicted to heighten the demand for spices and seasonings. The Global Spices and Seasonings Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Global Spices and Seasonings Market Definition

Seasonings of herbs and species are required to offer a particular aroma and unique taste to every cuisine. The major consumer of spice and seasonings are the packaged food industries. These ingredients not only add flavors but all enhance the shelf life of the products. Some example of herbs and spices used for seasonings are basil, cardamon, cloves, cumin, garlic, and ginger etc. Seasoning have been used from the ancient times in the food. Traditionally it was widely used in the Asian countries and due to globalization it is also penetrating North America and European region.

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