Seasonings and Spices Market to Achieve Significant Growth in the Near Future

1. Seasonings and Spices Market Seasonings and Spices Market

2. Global Seasonings and Spices Market Global Seasonings and spices market is forecasted to reach $30,412.8 million by 2023, growing at a CAGR of 6.0% during 2018–2023. The growth in the market will be led by the increasing awareness on the medical benefits of spices, the rising demand for ethnic cuisines, and the growing popularity of convenience foods. From supply side, the Asia-Pacific seasonings and spices industry growth is driven by increase in the production of spices in different countries, favorable environment and climatic conditions for spice production, and support from government agencies to increase spice production. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/spices-and-seasonings-market/report-sample On the basis of end use, the seasonings and spices industry has been categorized into industrial, food service, and retail. Due to the growing usage of seasonings and spices in food processing industries to meet the consumer demand, the industrial sector is expected to grow at a CAGR of 4.9% and 6.0% in terms of volume and value, respectively, during the forecast period. In terms of product, the seasonings and spices market has been categorized into whole and ground. The whole seasonings and spices market is expected to grow at higher rate over ground, in terms of volume and value, during the forecast period. The faster growth of the segment is due to the convenience of processing whole spices, from both the industrial and the residential perspective. The seasonings and spices market is expected to generate largest revenue in Asia-Pacific, accounting $10,439.6 million in 2017. The market is being driven by factors such as the heavy consumption of seasonings and spices in South Asian countries, growing spice consumption in the Far East, and growth in the seasoning and spice production in the Asian countries. Explore Full Report Description At: https://www.psmarketresearch.com/market- analysis/spices-and-seasonings-market 2 © P&S Intelligence. All rights reserved

3. Global Seasonings and Spices Market Some of the other key players operating in the seasonings and spices market are Everest Spices, Mahashian Di Hatti Pvt. Ltd., DS Group, Fuchs Group, Paras Spices Pvt. Ltd., Unilever Group, Ajinomoto Group, The British Pepper & Spice Company Limited, Brake Bros Ltd., Jamie Oliver Enterprises Limited, TRS Group, Camstar Herbs Ltd., and Natco Foods Ltd. GLOBAL SEASONINGS AND SPICES MARKET SEGMENTATION Seasonings and Spices Market Segmentation by Product Whole • oAniseed oChili flakes/pepper oChives oCinnamon oCumin oDill oFennel oParsley oWhite poppy seeds oBlue poppy seeds oSesame oRosemary oThyme oTarragon oVanilla oSaffron oGinger oOthers (including cardamom, clove, bay leaf, fenugreek, mace, and mustard seed) • Ground oBlack pepper oWhite pepper oBasil oChili powder oCoriander oMarjoram oOregano 3 © P&S Intelligence. All rights reserved

4. Global Seasonings and Spices Market oPaprika oMint oSage oTurmeric oOthers (including nutmeg, asafetida, filé, and wasabi) Seasonings and Spices Market Segmentation by End Use Industrial Food service Retail • • • 4 © P&S Intelligence. All rights reserved

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