Market Development : Spices and Seasonings Market Globally Grow at a CAGR of 5.12% by Revenue During the Period 2017
Seasoning is the process of adding salt, pepper, spices, and herbs during food preparation. Spices are dried fruits, seeds, barks, or roots used to give flavor, aroma, and color to food. There are many spices available in the market in both ground and whole form, and each spice gives a unique flavor to the food. Some of the commonly used spices are black pepper, cinnamon, cumin seeds, turmeric, nutmeg, cloves, ginger, chili powder, vegeta, and garlic.
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Herbs are the dried leaves of plants or the green parts of plants used for flavoring and in medicines and perfumes. Some of the most commonly used herbs are basil, bay leaves, coriander, mint, and curry leaves. Most of the spices and herbs possess varied medicinal properties and have been in use since ancient times to heal wounds and health problems (even when there was no medicine). The use of spices and seasonings has now become an integral part of food preparation, and consumers are trying to use newer varieties of spices, herbs, and spice mixes to experiment with taste and cuisines.
Technavios analysts forecast the global spices and seasonings market to grow at a CAGR of global spices and seasonings market 5.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global spices and seasonings market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the prominent vendors operating in the market.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
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Technavio's report, Global Spices and Seasonings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AJINOMOTO
Associated British Foods
Kerry, McCormick
The Kraft Heinz Company
Other prominent vendors
American Natural & Organic Spice
ARIAKE JAPAN
Baria Pepper
British Pepper and Spice
Dohler
DS Group
Everest Spices
Frontier Natural Products
Fuchs North America
G.P. Desilva Spices
MDH Spices
Spice Hunter
Unilever
Vietnam Spice Company
Williams Foods
Market driver
Growing awareness of the medical benefits of spices.
For a full, detailed list, view our report
Market challenge
Uncertain climatic conditions in various spice producing countries.
For a full, detailed list, view our report
Market trend
Growing strategic acquisitions among major players.
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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