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Spices and Seasonings Market Size

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Report ID: 6182
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Spices and Seasonings Market Size

Spices and Seasonings Market size was over USD 21.94 billion in 2024 and is projected to reach USD 42.93 billion by 2037, witnessing around 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of spices and seasonings is assessed at USD 22.87 billion.

This market growth is encouraged by the growing global demand for food, leading to a higher need for various seasonings spices crucial for enhancing the taste of food and beverages.

As per the Food and Agriculture Organization, to feed the 9.1 billion people that will inhabit the planet by 2050, total food production would need to increase by about 70%.

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Spices and Seasonings Market Size & Share, Growth Trends 2037

Author Credits: Parul Atri

Report ID: 6182
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of spices and seasonings is assessed at USD 22.87 billion.

The spices and seasonings market size was over USD 21.94 billion in 2024 and is projected to reach USD 42.93 billion by 2037, witnessing around 5.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by growing global demand for food, leading to a higher need for various seasonings spices crucial for enhancing the taste of food and beverages.

Asia Pacific industry is likely to dominate majority revenue share of 40% by 2037, due to growing population in the region.

The major players in the market are Kerry Group plc, McCormick & Company, Inc., DÃƒÂ¶hler GmbH, DS Group, Everest Spices, Bart Ingredients, and others.

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