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Spices and Seasonings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • ID: 5021708
  • Report
  • April 2020
  • Region: Global
  • 106 pages
  • IMARC Group

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FEATURED COMPANIES

  • Ajinomoto
  • Associated British Foods
  • Döhler
  • Everest Spices
  • Kerry Group
  • Olam International
The global spices and seasonings market is currently experiencing a healthy growth. Spices and seasonings are added to food products and beverages to improve their aroma, essence and taste. Spices, including cardamom, cinnamon, clove, nutmeg and pepper, are plant-based substances that are commonly used for flavoring, coloring and preserving food. They are also extensively utilized in the production of medicines, cosmetics and perfumes. On the other hand, seasonings are mixtures of salts, herbs, spices and sugars that can have a sweet, savory, acidic or bitter taste. Cinnamon, paprika, and cumin are some of the most commonly used seasonings, which are added to enhance the flavor of any dish.

The growing hospitality industry, along with the increasing preference for ready-to-eat and ready-to-drink products, is among the key factors driving the growth of the market. Furthermore, there is a growing inclination among consumers to try innovative cuisines and flavor-rich dishes, which are prepared using a variety of spices and seasonings. Apart from this, they are also utilized as natural preservatives to restrict microbial activity and maintain the quality of meat and poultry products. Additionally, growing health consciousness among the consumers is acting as another major growth-inducing factor. Spices and seasonings are rich in antioxidants and many of them are considered to have medicinal properties, owing to which they are used for treating numerous diseases and ailments. For instance, turmeric is widely used to build immunity against cancer, Alzheimer’s disease and inflammation in the joints. Moreover, the rising preference for exotic cuisines and organic ingredients, along with the increasing consumer expenditure on food and beverages is projected to drive the market further. Looking forward, the publisher expects the market to exhibit a CAGR of around 4% during 2020-2025.

Breakup by Product:

Salt and Salt Substitutes
Herbs
Thyme
Basil
Oregano
Parsley
Others
Spices
Pepper
Cardamom
Cinnamon
Clove
Nutmeg
Others

Breakup by Application:

Meat & Poultry Products
Snacks & Convenience Food
Soups, Sauces and Dressings
Bakery & Confectionery
Frozen Products
Beverages
Others

Breakup by Region:

North America
United States
Canada

Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others

Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America
Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Ajinomoto, ARIAKE JAPAN Company, Associated British Foods, Baria Pepper, Döhler, DS Group, Everest Spices, Heinz, Kerry Group, McCormick & Company, Olam International, Sensient Technologies, SHS GROUP, Spice Hunter, Unilever, Worlée, etc.

Key Questions Answered in This Report:
  • How has the global spices and seasonings market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global spices and seasonings market and who are the key players?
  • What is the degree of competition in the industry?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ajinomoto
  • Associated British Foods
  • Döhler
  • Everest Spices
  • Kerry Group
  • Olam International
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Spices and Seasonings Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast

6 Market Breakup by Product
6.1 Salt and Salt Substitutes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Herbs
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Spices
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Application
7.1 Meat & Poultry Products
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Snacks & Convenience Foods
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Soups, Sauces and Dressings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bakery & Confectionery
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Frozen Products
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Beverages
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Indicators
12.1 Key Price Indicators
12.2 Price Structure

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Ajinomoto
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 ARIAKE JAPAN Company
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Associated British Foods
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Döhler
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 DS Group
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Everest Spices
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Kraft Heinz Company
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Kerry Group
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 McCormick & Company
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Olam International
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.11 Sensient Technologies
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 SHS GROUP LIMITED
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.13 Unilever
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
Note: Product cover images may vary from those shown
  • Ajinomoto
  • ARIAKE JAPAN Company
  • Associated British Foods
  • Baria Pepper
  • Döhler
  • DS Group
  • Everest Spices
  • Heinz
  • Kerry Group
  • McCormick & Company
  • Olam International
  • Sensient Technologies
  • SHS GROUP
  • Spice Hunter
  • Unilever
  • Worlée
Note: Product cover images may vary from those shown

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