Global Spices and Seasonings Market By Product Type (Spices, Pepper, Ginger, Cinnamon, Others, Herbs, Garlic, Oregano, Others, Salt And Salt Substitutes), By Form (Whole, Powder, Crushed), By Application (Meat and Poultry Products, Snacks and Convenience Food, Soups, Sauces and Dressings, Bakery and Confectionery, Frozen Products, Beverages, Others), By Distribution (Channel, Foodservice, Retail), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

Market Overview

The global Spices and Seasonings market size is expected to be worth around USD 42.9 billion by 2033, from USD 23.5 billion in 2023, growing at a CAGR of 6.2% during the forecast period from 2023 to 2033.

This market’s growth is largely due to the growing consumer awareness about the medicinal benefits of spices and herbs, as well as the increasing number of people who cook at home.

The market is also being driven by the willingness of buyers to pay more for ethnic and new flavors. International recognition has been given to local cuisines due to the diversity of their cuisines.

Note: Actual Numbers Might Vary In the Final Report

Key Takeaways

• Market Growth Projection: The Spices and Seasonings market is anticipated to reach approximately USD 42.9 billion by 2033, indicating a substantial increase from USD 23.5 billion in 2023, with a projected Compound Annual Growth Rate (CAGR) of 6.2%.
• Consumer Awareness and Cooking Trends: Growing consumer consciousness regarding the medicinal benefits of spices and herbs, coupled with an increased interest in home cooking, is a significant driver for market expansion. The surge in people cooking at home is contributing to the market’s growth trajectory.
• Demand for Ethnic and New Flavors: Consumers’ willingness to pay more for diverse and innovative flavors has fueled the market. Ethnic cuisines are gaining international recognition, driving the demand for unique spices and seasonings.
• Product Types and Preferences: Spices hold the majority share (47.5%) in the baking ingredients market, with turmeric, cinnamon, and pepper being the most popular. Herbs, particularly basil, garlic, oregano, and fennel, are gaining traction due to their health benefits and taste.
• Forms and Applications: Powdered spices dominate the market, especially in food service outlets, while whole spices are popular for enhancing flavor and aroma in various dishes. Meat and poultry products (31%) and snacks/convenience foods (28%) lead in spice usage.
• Distribution Channels: Food service sectors currently account for a significant portion of global revenue, with cafes, restaurants, and hotels incorporating a variety of spices. However, retail channels are projected to grow faster in the coming years.
• Market Trends and Challenges: The industry witnessed a surge in demand for clean-label products emphasizing natural flavors. However, excess spice consumption can lead to digestive issues, affecting market growth. Encapsulation technology is on the rise to enhance spice handling and usability.
• Regional Analysis: Asia Pacific dominated the market in 2023 due to increased seasoning consumption, driven by rising disposable incomes and the development of domestic spice brands. North America follows closely, experiencing growth due to diverse culinary preferences and the influence of immigrant communities.
• Major Players and Innovations: Several global players like Ajinomoto Co, McCormick & Company, and Kerry Group hold significant market shares. Continuous product launches, portfolio expansions, and mergers and acquisitions characterize the competitive landscape.

Product Type Analysis

In 2023, Type Spices ruled the Baking Ingredients Market, grabbing over 47.5% of the share. These spices played a major role in flavoring baked goods.

Because spices are versatile and can be made into different flavors, the demand for spices is increasing rapidly in the international market. The most popular spices are turmeric, cinnamon, and pepper. Other spices are also available on the market, including cloves, garlic and cardamom, ginger as well as chili, vanilla, and cumin seeds.

The forecast period sees the herbs segment growing at the second-highest CAGR. This is due to the many health benefits of herbs such as basil, garlic, oregano, and fennel. These herbs are becoming more popular because of their unique medicinal properties and delicious taste.

Garlic is used primarily for its unique flavor and strong aroma, but it can also be very effective in treating common illnesses like the flu. It can also be used to treat hypertension and other cardiovascular diseases.

Form Analysis

By 2023, the powder segment will hold the largest share of global revenue and will continue to dominate the market. Powdered spices are being used by many food service outlets to improve the taste, color, and flavor of prepared foods.

Kalsec, a global leader in innovative spice and herb flavor extractions, found that more than half of customers prefer spicy foods for their meals. This is why food processors, restaurants hotels, cafes, and other food manufacturers outlets have used a variety of powdered spices & seasonings. The entire seasoning & spice segment is expected to grow at the second-highest CAGR over the forecast period.

Whole spices are used in many dishes and meals, which enhance the flavor and aroma of the food. It can be used in main dishes, appetizers, dips, and sauces as well as condiments and snacks. Many consumers love spicy desserts and drinks containing whole spices, and seasonings, such as rosemary, clove, garlic, and parsley. This is why they are so popular in the food industry.

Note: Actual Numbers Might Vary In the Final Report

By Application

In 2023, Meat & Poultry Products took the lead in the Spices and Seasonings Market, holding over 31% of the market. These seasonings were heavily used to flavor and enhance meats and poultry.

Snacks and Convenience Food followed closely, securing a significant market share of about 28%. Spices and seasonings played a vital role in adding taste to these convenient food options.

Soups, Sauces, and Dressings held a notable position with around 18% market share. These segments relied on spices for flavoring and seasoning their products.

Bakery and Confectionery accounted for approximately 15% of the market, utilizing spices and seasonings in various sweet treats and baked goods.

The remaining market share was divided among Frozen Products, Beverages, and Other applications, each demonstrating potential growth areas within the spices and seasonings market.

Distribution Channel Analysis

In 2023, a large portion of global revenue was accounted for by the food service sector. It continues to be the main source of seasonings and spices. cafes, restaurants, hotels, and QSRs are the main food service outlets that offer a variety of seasonings and spices in their dishes. This is because consumers eat out more.

Many food service outlets draw inspiration from the best cuisines, which allows them to create unique and healthier products. Fear of spreading the virus, many food service outlets were closed during the pandemic. This severely affected this sector. Consumers are becoming more comfortable eating out as authorities loosen restrictions on crowd size.

In the years 2023-2032, retail channels are expected to experience faster growth. Globally, there are several large spice processing and marketing firms that grind Seasonings and Spices from both domestic and imported sources. They then pack the spices in various containers and sell them at retailers under their brands or privately labeled names.

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By Product Type

• Spices
  • Pepper
  • Ginger
  • Cinnamon
  • Others
• Herbs
  • Garlic
  • Oregano
  • Others
• Salt & Salt Substitutes

By Form

• Whole
• Powder
• Crushed

By Application

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

By Distribution Channel

• Foodservice
• Retail

Drivers

Clean Label: A clear trend across global food market

Increasing consumption of healthy food products among modern consumers has led to increasing interest in the origin of the ingredients used to produce these products. Consumers prefer natural and clean-label flavors and ingredients as they are constantly looking for ‘natural’ nutrition and are opting for products that incorporate inherently natural, fresh, wholesome, and balanced nutrition. They largely perceive “clean label” as having a natural flavor and natural color.

The growing trend toward clean-label products, which is slowly becoming a requisite across the globe, is offering growth opportunities for food manufacturers to create new formulations and new products to cater to the rising consumer demand for healthier food products. One example of manufacturers introducing natural ingredients is “Verdad Powder F80”, a product launched by Corbion Purac (Netherlands) in 2013. This product is permitted to be labeled as ‘fermented sugar’ to meet consumer demand for natural, fresh, and authentic-tasting products.

Market Restraints

Adverse effects of excess spice consumption

Spices and seasonings are widely used across various food sectors, but excessive consumption can have adverse health effects. One common issue related to spicy food is its impact on digestion. Eating spicy foods rich in capsaicin can lead to heartburn or acid reflux, causing a burning sensation in the chest due to stomach acid moving back up into the esophagus. This can also slow down digestion and increase the risk of heartburn.

Additionally, excessive spicy food intake may irritate the stomach or intestines, leading to a laxative effect or even acute gastritis. Symptoms of acute gastritis can include nausea, vomiting, and a feeling of fullness in the upper abdomen. Therefore, consuming excessive amounts of spicy food can potentially lead to these digestive problems.

Market Opportunities

Encapsulation of spices witnessed a higher sales growth rate

Over the past few years, there has been a notable surge in the use of encapsulation for food products and ingredients. This technology’s advancement has found widespread application across the food and beverage industry. A similar trend is observable in the market, especially within the flavor and fragrance industry, where key manufacturers are offering encapsulated variants of spices.

For instance, TasteTech, a UK-based company, has devised an innovative method for processing paprika and turmeric spices. Their controlled-release encapsulation technique involves extracting oleoresins and essential oils from spices and encasing them within an invisible microfilm of hardened vegetable oil. This results in a convenient, free-flowing powder that is easy to handle. According to the company, this process not only enhances the flavor but also intensifies the color compared to the original, untreated spices.

Market Challenges

spices and seasonings are prone to microbial contamination

Spices and seasoning ingredients, due to their perishable nature, are susceptible to various pathogenic contaminations like fungal and bacterial infestations. Maintaining their quality, including flavor, taste, and aroma, demands proper storage and upkeep facilities.

However, the absence of adequate warehousing facilities exacerbates microbial contamination, posing a significant challenge to market growth. India, known as the largest global producer of spices, faces this issue, lacking sufficient storage facilities. This inadequacy contributes to microbial contamination, leading to a decline in the quality of spices.

Regional Analysis

The Asia Pacific was the dominant market for Spices and Seasonings in 2023, accounting for 38.9% of the total in 2023, Asia Pacific contributed the most to the market. The rise in seasoning consumption in the region can also be attributed to an increase in disposable income, the development of many domestic brands of spices, and herbs, and increased marketing and promotional activities.

The majority of spices and herbs are grown in Asia Pacific countries like India, Vietnam, and China. This makes the Asia Pacific one of the largest exporters of spices and herbs in the world. Globalization and migration have influenced consumers’ food preferences, opening up new avenues for food service outlets to offer a wide range of seasonings to their customers.

From 2023 to 2032, North America is followed closely by the Asia Pacific. Due to consumers’ willingness and desire to try new flavors, as well as the high product demand from Asian immigrants living in the United States, who are keen to learn about ethnic tastes, the market is set to experience significant growth.

The major growth drivers of the North American Seasonings and Spices market are Indian cuisines and Asian cuisines, Western cuisines, ethnic cuisine as well as the increasing consumption of cooked food.

Note: Actual Numbers Might Vary In the Final Report

Key Regions and Countries

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Competitive Landscape

There are a few major players in the Seasonings and Spices market, as well as several smaller and medium players. Ajinomoto Co, Inc., Ariake Japan Co., ltd., SHS Group, Kerry Group plc, EVEREST Food Products Pvt. Ltd., Baria Pepper Co. Ltd., Associated British Foods plc, Kerry Group, Kikkoman Corporation, Moguntia Food Group AG, Ariake japan company, and McCormick & Company Inc. hold the majority of the market share.

Manufacturers are pursuing a variety of strategies including product launches, expanding product portfolios, and mergers and acquisitions.

Маrkеt Кеу Рlауеrѕ

• Ajinomoto Co, Inc.
• ARIAKE JAPAN CO, LTD.
• Associated British Foods plc
• Baria Pepper Co. Ltd.
• Döhler GmbH
• DS Group
• EVEREST Food Products Pvt. Ltd.
• The Kraft Heinz Company
• Kerry Group plc
• McCormick & Company
• Olam International
• Sensient Technologies Corporation
• SHS Group
• Spice Hunter (Sauer Brands Inc.)
• Unilever plc
• Worlée-Chemie GmbH

Recent Development

In April 2023, The Kraft Heinz Company announced the launch of Just Spices in the U.S. market, just one year after the company completed its acquisition of a majority stake in the business. This site uses cookies to improve user experience. More Info

In April 2023, The McCormick brand announced an expansion of its partnership with Tabitha Brown, introducing five new salt-free, vegan seasoning products to grocery stores in the U.S. These products, co-created with Tabitha Brown, include McCormick Like Sweet Like Smoky All Purpose Seasoning, McCormick Burger Bliss Seasoning Mix, McCormick Very Good Garlic All Purpose Seasoning, McCormick Sauté Sensation Seasoning Mix, and McCormick Taco Tantalizer Seasoning Mix.