Global Spices Market 2018-2025:

This report studies the Global Spices Market size in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Spices in these regions.

This research report categorizes the global Spices market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.

A spice is a dried seed, fruit, root, bark, or vegetable substance primarily used for flavoring, coloring or preserving food. Because they tend to have strong flavors and are used in small quantities, spices tend to add few calories to food. Many spices, however, can contribute significant portions of micronutrients to the diet.
A spice may have other uses, including medicinal, religious ritual, cosmetics or perfume production, or as a vegetable.

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A spice may be available in several forms: fresh, whole dried, or pre-ground dried. Generally, spices are dried. A whole dried spice has the longest shelf life, so it can be purchased and stored in larger amounts, making it cheaper on a per-serving basis. Some spices are not always available either fresh or whole, for example turmeric, and often must be purchased in ground form. Small seeds, such as fennel and mustard seeds, are often used both whole and in powder form.

In this report, it includes the dried plant product used primarily for seasoning purposes or medicine effectiveness etc.

ASTA defines spices as “any dried plant product used primarily for seasoning purposes”. Included are tropical aromatics (pepper, cinnamon, cloves, etc.), leafy herbs (basil, oregano, marjoram, etc.), spice seeds (sesame, poppy, mustard, etc.) and dehydrated vegetables (onions, garlic, etc.). Blends such as curry, chili powders, poultry seasoning, etc. are part of the spice shelf, too.

In 2017, the global Spices market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Spices market based on company, product type, application and key regions.

The various contributors involved in the value chain of Spices include manufacturers, suppliers, distributors, intermediaries, and customers.

The key manufacturers in the Spices include

  • McCormick
  • Unilever
  • Ajinomoto
  • Ariake
  • Kerry Group Plc. (Ireland)
  • Olam International
  • Everest Spices
  • Zhumadian Wang Shouyi
  • MDH Spices
  • Catch(DS Group)
  • Nestle
  • Brucefoods
  • Sensient Technologies (U.S.)
  • Ankee Food
  • Haitian

Market Size Split by Type

  • Hot Spices
  • Aromatic Spices
  • Others

Market Size Split by Application

  • Catering Industry
  • Household
  • Others

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Market size split by Region:

  • North America: United States, Canada, Mexico
  • Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam
  • Europe: Germany, France, UK, Italy, Spain, Russia
  • Central & South America: Brazil, Rest of Central & South America
  • Middle East & Africa: GCC Countries, Turkey, Egypt, South Africa

The study objectives of this report are:

To study and analyze the global Spices market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of Spices market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Spices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Spices with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Spices submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Spices are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Spices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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