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Spices & Seasonings Market size is mainly driven by rising demand for traditional food products and changing dietary habits of people across the world. <br><br>Get more info @ https://goo.gl/HiRNPC
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Spices & Seasonings Market Analysis, Trends & Forecast to 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Spices & Seasonings Market : • Europe is one of the fastest growing region for spices & seasonings market both in terms of value and volume. Europeans travelling to exotic regions are demanding more herbs to their culinary. Hectic schedule has raised the demand for ready to food meals which will also fuel the market size. Spices & seasonings market demand is likely to remain strong in the projected timeframe. • Asia-Pacific, led by China and India is expected to witness significant growth for spices & seasonings market due to increasing population and improved standard of living in the region. People trying new, as well as traditional herbs in this region, is further supporting the market growth. • Middle East spices & seasoning market is emerging as they have witnessed a strong demand for herbs & flavourings due to high consumption of meat in this region. Rising demand of flavourings & herbs not only in Arabic meals but also in dessert and beverages will increase the market size in this region.
Application Analysis of Spices & Seasonings Market : • Spices are seeds, root, bark and fruit which are primarily used for colouring, flavouring and preserving food. They are used to garnish the food. Generally, they are stems, flowers or leaves also in powder form sometimes. Seasoning is a process of adding salt and herbs to food to improve the flavour. Both are an essential part of food, they are used in building aroma and taste in food.
Competitive Market Share of Spices & Seasonings Market : • Spices & seasonings market is highly competitive in nature due presence of many domestic and international players. Some of the leading key players in this market are AJINOMOTO, The Kraft Heinz Company, Baria Pepper, McCormick & Company, Everest and MDH. Other prominent players are ARIAKE Japan, Dohler, DS Group, Unilever, Frontier Natural Products, British Pepper and Spice and William Foods. • In November 2016, B&G Foods acquired ACH Food Companies, Inc. a leading supplier of spices & seasonings, for $365 million in cash. The acquisition was done in order to generate more income and to broaden their position in the existing market. Later, the company also acquired Victoria Fine Foods for $70 million.
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