Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Seasoning and Spices Market to reach 51.8 billion by 2028.

Global Seasoning and Spices Market Size study, by Product (Spices, Herbs, Salts and salt substitutes) by Form (Whole, Crushed and Powdered) by Distribution Channel (Food Service, Retail) and Regional Forecasts 2022-2028

Product Code: OIRFB-84908462
Publish Date: 23-05-2022
Page: 200

Global Seasoning and Spices Market is valued approximately USD 35.38 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.6 % over the forecast period 2022-2028. Spices are aromatic flavorings from seeds, fruits, bark, rhizomes, and other plant parts. Spices have been highly valued as trade goods for thousands of years and used for seasoning and preserving food, and as medicines, dyes, and perfumes. These attributes are used by the manufacturers to improve their product quality and taste and increase their shelf life. The growing awareness of the medicinal benefits of spices & herbs along with the rising number of people cooking at home has been attributed as the major factor driving the growth of this market. Furthermore, the increasing willingness of consumers to pay a premium price for new and ethnic flavors has been fueling the market. The market for spices and seasonings have witnessed a rapid growth with the onset of the Covid-19 pandemic, wherein some select spices that are meant to provide immunity, such as turmeric, ginger, and garlic, has received tremendous response from consumers, globally. As per Statista, During fiscal year 2021, volume of turmeric production in India accounted to over one million metric tons. Also during this time India exported around 1.71 lakh tonnes of turmeric compared to 1.37 lakh tonnes in the previous year . However, The government restrictions, transportation challenges, labor shortages, supply scarcities, infrastructural interruptions, and import delays have disrupted the supply chain of the industry which as a result impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Seasoning and Spices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific accounted for the greatest market share in 2021 due to an increase in disposable income, the emergence of several domestic brands of spices and herbs, and the rise in marketing and promotional activities. North America, followed by the Asia Pacific, is the fastest-growing segment, due to the fact that the consumers are willing to experiment with new flavors and that there is high demand from Asian immigrants residing in the country, displaying an interest in ethnic tastes.

Major market player included in this report are:
Ajinomoto Co, Inc
Ariake Japan Co, Ltd.
Associated British Foods plc.
McCormick and Company, Inc.
Baria Pepper
Dohler group
DS Group
Everest spices
Bart ingredients
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Salt substitute
By Form:

By Distribution Channel:
Food service
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Seasoning and Spices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Seasoning and Spices Market, by Region, 2020-2028 (USD Billion)
1.2.2. Seasoning and Spices Market, by Product, 2020-2028 (USD Billion)
1.2.3. Seasoning and Spices Market, by Form, 2020-2028 (USD Billion)
1.2.4. Seasoning and Spices Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Seasoning and Spices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Seasoning and Spices Market Dynamics
3.1. Seasoning and Spices Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing awareness of the medicinal benefits of spices & herbs Increasing willingness of consumers to pay a premium price for new and ethnic flavors
3.1.2. Market Challenges Government restrictions, transportation challenges, labor shortages, supply scarcities, during pandemic
3.1.3. Market Opportunities Increase in research and development activities to develop products with enhanced benefits Technological advancements in production
Chapter 4. Global Seasoning and Spices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Seasoning and Spices Market, by Product
6.1. Market Snapshot
6.2. Global Seasoning and Spices Market byProduct, Performance – Potential Analysis
6.3. Global Seasoning and Spices Market Estimates & Forecasts by Product2018-2028 (USD Billion)
6.4. Seasoning and Spices Market, Sub Segment Analysis
6.4.1. Spices
6.4.2. Herbs
6.4.3. Salts
6.4.4. Salt substitute
Chapter 7. Global Seasoning and Spices Market, by Form
7.1. Market Snapshot
7.2. Global Seasoning and Spices Market by Form , Performance – Potential Analysis
7.3. Global Seasoning and Spices Market Estimates & Forecasts by Form 2018-2028 (USD Billion)
7.4. Seasoning and Spices Market, Sub Segment Analysis
7.4.1. Whole
7.4.2. Crushed
7.4.3. Powdered
Chapter 8. Global Seasoning and Spices Market, by Distribution Channel
8.1. Market Snapshot
8.2. Global Seasoning and Spices Market by Distribution Channel, Performance – Potential Analysis
8.3. Global Seasoning and Spices Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Billion)
8.4. Seasoning and Spices Market, Sub Segment Analysis
8.4.1. Food Services
8.4.2. Retail
Chapter 9. Global Seasoning and Spices Market, Regional Analysis
9.1. Seasoning and Spices Market, Regional Market Snapshot
9.2. North America Seasoning and Spices Market
9.2.1. U.S. Seasoning and Spices Market Product breakdown estimates & forecasts, 2018-2028 Form breakdown estimates & forecasts, 2018-2028 Distribution Channel breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Seasoning and Spices Market
9.3. Europe Seasoning and Spices Market Snapshot
9.3.1. U.K. Seasoning and Spices Market
9.3.2. Germany Seasoning and Spices Market
9.3.3. France Seasoning and Spices Market
9.3.4. Spain Seasoning and Spices Market
9.3.5. Italy Seasoning and Spices Market
9.3.6. Rest of Europe Seasoning and Spices Market
9.4. Asia-Pacific Seasoning and Spices Market Snapshot
9.4.1. China Seasoning and Spices Market
9.4.2. India Seasoning and Spices Market
9.4.3. Japan Seasoning and Spices Market
9.4.4. Australia Seasoning and Spices Market
9.4.5. South Korea Seasoning and Spices Market
9.4.6. Rest of Asia Pacific Seasoning and Spices Market
9.5. Latin America Seasoning and Spices Market Snapshot
9.5.1. Brazil Seasoning and Spices Market
9.5.2. Mexico Seasoning and Spices Market
9.6. Rest of The World Seasoning and Spices Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Ajinomoto Co, Inc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Ariake Japan Co, Ltd.
10.2.3. Associated British Foods, plc
10.2.4. Kerry
10.2.5. McCormick and Company, Inc.
10.2.6. Baria Pepper
10.2.7. Dohler group
10.2.8. DS group
10.2.9. Everest spices
10.2.10. Bart Ingredients
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now