Spices And Seasoning Market Share, Size & Forecast (2022-27)

 

Market Overview:

The market for seasonings and spices is expected to expand at a CAGR of 4.96% over the course of the forecast period (2022–2027).

With the arrival of COVID-19, the market for spices and seasonings has seen a sharp increase, and some specific spices intended to boost immunity, like turmeric, ginger, and garlic, have received overwhelmingly positive feedback from consumers all over the world. Initially, supply chain risk persisted in developed economies that are heavily dependent on imports from developing nations; however, as one of the most sought-after destinations for herbs, spices, and seasonings, as well as products having a recognisable value and local demand, the market entry is currently less affected by the same.

Scope of the Report:

The salt and salt substitutes, herbs, and spices product categories make up the segmentation of the global seasoning and spice market. Thyme, basil, oregano, parsley, and other herbs are included in the herb segment. The pepper, cardamom, cinnamon, clove, nutmeg, and other Spices categories make up the spice market. The market is divided into savoury snack, bakery, confectionery, soup, noodles, pasta, meat and seafood, sauce, salad and dressing, and other applications based on the use. The market is divided into North America, Asia-Pacific, South America, Europe, the Middle East, and Africa based on geography. For each of the aforementioned market segments, the report provides a market size and forecast in US dollars million.

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