Global Spices and Seasonings Market Analysis North America,Europe,APAC,South America,Middle East and Africa - US,China,India,UK,Germany - Size and Forecast 2023-2027

Spices and Seasonings Market Forecast 2023-2027

The spices and seasonings market is estimated to grow by USD 6.95 billion at a CAGR of 6.01% between 2022 and 2027.

The market growth depends on several factors, including a shifting consumer inclination towards healthier and more natural products. Consumers are increasingly seeking natural and clean-label flavors and ingredients due to rising awareness of their health benefits. This trend is driving a rising consumer demand for healthier food products influencing the market's growth trajectory. Additionally, factors such as the rising popularity of ethnic cuisine and the growing demand for ready-to-use spice mixes contribute to the market's expansion. These insights underscore the evolving preferences of consumers and the market's response to meet their demands. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Spices And Seasonings Market During the Forecast Period?

To learn more about this report, Download Report Sample

Market Dynamics and Customer Landscape

The Acute Market for spices and seasonings is a significant and dynamic sector, replete with a rich array of products. This market encompasses a diverse range of ingredients, including cinnamon, nutmeg, turmeric, ginger, and cardamom. These aromatic substances are integral to various global cuisines, adding flavor, depth, and complexity to dishes. The Refining Bakery industry is a major consumer of spices and seasonings, utilizing them extensively in the production of baked goods. Infinities of consumers worldwide appreciate the role these ingredients play in enhancing the taste and appeal of their favorite foods. The Global Automatic seasoning market is another burgeoning segment, offering automated solutions for the application of spices and seasonings in industrial food processing. This market caters to the growing demand for efficient, consistent, and hygienic food production methods. The Blending and packaging of spices and seasonings is a critical process, ensuring the preservation of their aroma, flavor, and nutritional value. The Nutritional benefits of these ingredients, coupled with their versatility and wide-ranging applications, make them an indispensable component of the global food industry. The Cardamom market, in particular, is experiencing robust growth due to its increasing popularity in various culinary applications and its numerous health benefits. The market for cardamom is expected to continue its upward trajectory, driven by consumer preferences and the expanding food industry.Our resarchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing awareness of the medical benefits of spices is notably driving the market growth. They are not just used for taste and flavor but also for the health benefits they possess. They have antioxidant properties and are, thus, used in food to treat health problems or diseases. In the food industry, spices and seasonings play a significant role as essential ingredients for enhancing taste, flavor, and providing natural nutrition to foods. Food manufacturers utilize a variety of fragrant, fresh, and hardy herbs and spices such as garlic, ginger, cumin seeds, turmeric, pepper, nutmeg, oregano, and more, in their new formulations and products. These natural ingredients offer numerous health benefits, including antioxidant properties that help fight against fungal infestation and microbial contamination. Ground spices like cumin, ginger, and pepper are popular for their pungent and savory flavors, while herbs like oregano and garlic provide a laxative effect and help alleviate symptoms of heartburn and nausea. High-quality oleoresins extracted from these spices and herbs are used in marinades, sauces, rubs, and seasonings, extending the shelf life of meals and adding an invisible microfilm of natural nutrition. People have long used spices and seasonings for medicinal purposes, with turmeric known for its anti-inflammatory properties, black pepper for treating nerve pain and scabies, and cumin seeds for building the immune system. The popularity of these natural ingredients continues to grow in the seasonings market, offering both fun and functionality to meals.

Furthermore, seasoning and spice companies have also started new advertising campaigns to encourage consumers to try recipes at home. Companies like McCormick and Kerry have also started campaigns on social media such as Facebook, Pinterest, and Twitter to help establish their brands' identities. Hence, these factors will continue driving the growth of the market during the forecast period.

Significant Market Trend

The rising number of private-label brands is an emerging trend in the seasonings market. Private-label food ingredients products are becoming a key focus area for retailers worldwide. Major players in the spices and seasonings market expanding their reach. Food manufacturers continue to explore new geographies and segments, incorporating fresh, fragrant, and natural ingredients into their offerings. Notable acquisitions include McCormick's purchase of FONA International in late 2020 and ABFI's acquisition of Fytexia Group in early 2022. Gourmet spices and seasonings, such as garlic, ginger, nutmeg, oregano, and pepper, are essential for various meals and cuisine. These natural ingredients offer numerous health benefits, including reducing the risk of heartburn and acting as a laxative. However, they are susceptible to microbial contamination and fungal infestation, which can impact their shelf life and quality. To ensure high-quality and freshness, food manufacturers use ground spices, oleoresins, and natural herbs. New formulations and products are constantly being developed to cater to the evolving preferences of people. Marinades, rubs, sauces, and savory seasonings are popular choices for enhancing the taste of meals while providing natural nutrition. Despite their benefits, some spices can cause adverse effects, such as nausea or a pungent smell, if not used in the right quantities. Proper storage and handling are crucial to maintain the invisible microfilm that preserves their flavor and aroma. The spices and seasonings market continues to grow in popularity, driven by the demand for natural ingredients and the health benefits they offer.

Similarly, Tesco and Walmart (Sams Club) are some of the other major retailers offering private-label spices and seasonings. For instance, UK-based Tesco offers products under its brand Tesco. Hence, such factors will drive the growth of the global market during the forecast period.

Major Market Challenge

The global market for spices and seasonings faces challenges due to contamination issues, which can negatively impact both consumer health and market growth. Food manufacturers in the food industry produce and package these fragrant foods, which can be susceptible to fungal infestations, microbial contamination, and the presence of invisible microfilms. Contaminated products, such as garlic and ginger, can lead to health hazards like nausea and heartburn. High-quality herbs and spices, including ground pepper, nutmeg, oregano, and oleoresins, can be affected by these issues, leading to recalls and damage to brand reputation. New formulations and products, like marinades and savory rubs, are also at risk. Shelf life can be reduced by contamination, affecting the freshness and natural nutrition of these natural ingredients. Factors like hardened vegetable oil and laxative effect can further complicate matters. Despite these challenges, the popularity of fresh, fragrant, and high-quality seasonings continues to drive market growth.

If a product presents health risks to the well-being of the consumers, food regulatory and compliance authorities have the right to issue a notice to the company and manufacturers of the product. This will lead to product recalls. Contamination can lead to product recall and harm the revenue and reputation of the manufacturers. Therefore, such factors will hinder the growth of the global market during the forecast period.

Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global Market Customer Landscape

Who are the Major Spices and Seasonings Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the seasonings spices market.

Fuchs North America - The company is primarily involved in producing and supplying value-added seasonings, spices and flavor systems to the food manufacturing and food service industries. The key offerings of the company include spices and seasonings. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• Ajinomoto Co. Inc.
• Associated British Foods Plc
• Badshah Masala
• De Silva Brothers and Co.
• Dohler GmbH
• DS Group
• EVEREST Food Products Pvt. Ltd.
• Frontier Co. op
• Kerry Group Plc
• Mahashian Di Hatti Pvt. Ltd.
• McCormick and Co. Inc.
• Organic Spices Inc.
• Patanjali Ayurved Ltd.
• The Kraft Heinz Co.
• Unilever PLC

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

In the dynamic world of food and beverage industry, spices and seasonings play a crucial role in enhancing the taste and flavor of various dishes. The global market for spices and seasonings is a significant one, with key players contributing from countries like India, China, and the United States. The market is driven by several factors, including the increasing demand for convenience foods, the growing popularity of ethnic cuisines, and the rising health consciousness among consumers. Cloves, cinnamon, and nutmeg are some of the commonly used spices in various cuisine around the world. Flavors like cardamom, ginger, and turmeric are essential ingredients in Indian and Middle Eastern dishes, while cumin, paprika, and chili powder are popular in Mexican and American cuisine. The market for spices and seasonings is expected to grow at a significant rate in the coming years, with the increasing demand for organic and natural products being a major trend. Brands are focusing on innovation and product development to cater to the changing consumer preferences. Moreover, the e-commerce sector is playing a significant role in the growth of the spices and seasonings market, with online sales contributing to a significant portion of the total revenue. The use of technology and digital marketing strategies is also becoming increasingly important for brands to reach out to consumers and build brand loyalty. In conclusion, the spices and seasonings market is a dynamic and growing one, driven by various factors like changing consumer preferences, innovation, and digital marketing. Key players in the market are focusing on these trends to cater to the evolving needs of consumers and build strong brands.

By End-User

The market share growth by the retail segment will be significant during the forecast period. This includes packaged spices seasoning market that are sold to consumers through various retail stores such as supermarkets, hypermarkets, grocery stores, convenience stores, and organic stores for at-home consumption. The growth in retail sectors will also support the demand in the global market. 

Get a glance at the market contribution of various segments Request a PDF Sample

The retail segment was valued at USD 6.84 billion in 2017 and continued to grow until 2021. The market encompasses packaged aromatic blends of acid reflux and acute gastritis alleviating spices, sold through various retail channels. Retail sector growth, including supermarkets, hypermarkets, and convenience stores, fuels market demand. Retail expansion in local and regional markets increases offline sales. Spices, such as cardamom, cinnamon, and cloves, offer aroma, flavor enhancement, and coloring effect for various cuisines, including bakery, confectionery, and condiments. Clean-label products, essential oils, and dried spices cater to consumers seeking balanced nutrition and flavor options. Spices also play a crucial role in cooking, especially in exotic cuisines, and can deteriorate the quality of dishes if not used properly. Food encapsulation technology ensures spice freshness and flavor retention in convenience food Hence, such factors will drive the growth of the seasonings spices market segment during the forecast period.

By Product

The market in the food industry experienced significant growth in 2022, with a focus on fragrant and fresh ingredients. Food manufacturers catered to the gourmet market, offering high-quality herbs and spices, including garlic, ginger, nutmeg, oregano, and pepper. Natural ingredients, such as oleoresins, were used to enhance the savory and pungent flavors of meals. However, challenges persisted, such as the risk of fungal infestation and microbial contamination, affecting shelf life. To address health concerns, new formulations of seasonings, including salt substitutes, gained popularity. These alternatives, often containing potassium chloride, offered health benefits for people with diabetes and high blood pressure, reducing the risk of heartburn and nausea. Ground spices and marinades were essential components of various cuisines, while hardened vegetable oil was used as a base for rubs and sauces. The seasonings market continued to evolve, with new products and innovative uses, ensuring a fun and exciting experience for consumers.

Regional Analysis

For more insights on the market share of various regions Request PDF Sample now!

North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and drivers that shape the market during the forecast period.

The market in North America is expected to grow at a steady rate during the forecast period. The US and Canada are the key contributors to the US spices and seasoning market. Key growth factors include the introduction of diverse blends, increasing use of online grocery shopping, and rising demand for balanced nutrition. Consumers seek aromatic options like cinnamon, cardamom, and cloves for flavor enhancement in various cuisines, including Asian. The market encompasses condiments, baking, and confectionery, addressing diverse needs. Spices and seasonings offer a coloring effect and are integral to digestion, yet some, like fermented sugar, may deteriorates the quality and cause issues such as acid reflux or acute gastritis. Clean-label products, essential oils, and flavor options cater to modern consumers' preferences. Cooking at home remains popular, with spices playing a crucial role in enhancing dishes' flavorsome appeal. Food encapsulation technology ensures the preservation of these essential ingredients.
 Thus, owing to such factors the segment is expected to grow during the forecast period.

Market Analyst Overview

Turmeric, ginger, and other spices play a crucial role in the food industry, adding depth of flavor and aroma to various dishes. From savory meals to sweet confectionery, these spices are indispensable in creating flavorsome and fragrant culinary delights. The market has witnessed significant growth due to shifting consumer preferences towards healthier and more natural products. Consumers now seek natural and clean-label flavors, emphasizing balanced nutrition and clean-label products. However, challenges such as fungal and bacterial infestation pose risks to storage and maintenance facilities, stomach or intestine irritation, burning sensation, digestion rate, risk of heartburn, and necessitate advanced methods like controlled-release encapsulation for flavor enhancement and extended shelf life. Additionally, challenges such as microbial contamination and storage facilities impact the largest producer of spices globally, emphasizing the need for quality control and preservation techniques like controlled-release encapsulation, oleoresins, and essential oils to maintain food quality and integrity while enhancing flavor and coloring effects.

Additionally, the aroma of cinnamon and cardamom adds depth to a variety of dishes, from snacks to bakery delights. Nutmeg enriches the essence of traditional cooking, captivating the senses of discerning customers worldwide. Recent developments in spice blends infuse cloves and oregano with an Indian twist, while the pungency of garlic enhances savory condiments. For those seeking culinary adventure, exotic and gourmet flavors promise a journey of taste. Each fresh and tangy ingredient lends an aromatic allure, making every dish a memorable experience.

Key stakeholders in this multi-billion dollar industry cater to consumer preferences for delectable and unique cuisines, aligning with the growth of fast food and packaged food industries. There's a notable shift in consumer inclination towards healthier and more natural products, driving demand for whole spices, ground spices, blends, rubs, marinades, and sauces.

The market offers convenience foods with diverse flavor options, emphasizing high-quality and premium spices and seasonings. Growth insights highlight the importance of clean label and natural nutrition in meeting rising consumer demand for healthier options, leading food manufacturers to develop new formulations like Verdad Powder F80 with fermented sugar and other natural ingredients. However, market restraints include adverse effects of excess spice consumption on the digestion system, leading to issues like heartburn, acid reflux, and acute gastritis. 

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides market trends and analysis and growth opportunities from 2017 to 2027. 

• End-user Outlook
  • Retail
  • Foodservice
  • Industrial

• Product Outlook
  • Salt and salt substitutes
  • Pepper
  • Dried herbs
  • Individual spices

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Chile
    • Brazil
    • Argentina

Seasonings Spices Market Scope
Report Coverage	Details
Page number	173
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.01%
Market growth 2023-2027	USD 6.95 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	4.95
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 32%
Key countries	US, China, India, UK, and Germany
Competitive landscape	Leading Companies , Market Positioning of Companies , Competitive Strategies, and Industry Risks
Key companies profiled	Ajinomoto Co. Inc., Associated British Foods Plc, Badshah Masala, De Silva Brothers and Co., Dohler GmbH, DS Group, EVEREST Food Products Pvt. Ltd., Frontier Co. op, Fuchs North America, Kerry Group Plc, Mahashian Di Hatti Pvt. Ltd., McCormick and Co. Inc., Organic Spices Inc., Patanjali Ayurved Ltd., The Kraft Heinz Co., Unilever PLC, Woodland Foods Ltd., Zoff Foods Pvt. Ltd., ARIAKE Japan Co. Ltd., and C.H. Guenther and Son Inc.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market growth analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Market Report?

• CAGR of the seasonings spices market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the size and its contribution to the market forecast in focus on the parent market
• Accurate predictions about market growth and trends and changes in consumer behavior
• Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough market research and growth analysis of the competitive landscape and detailed information about Companies
• Comprehensive market analysis and report on the factors that will challenge the growth of market Companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch