Global Spices Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Spices Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


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.

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.

According to APO Research, The global Spices market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

India is the largest Spices market with about 63% market share. China is follower, accounting for about 6% market share.

The key players are 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 etc. Top 3 companies occupied about 13% market share.

This report presents an overview of global market for Spices, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Spices, also provides the sales of main regions and countries. Of the upcoming market potential for Spices, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Spices sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Spices market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Spices sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi and MDH Spices, etc.

Spices segment by Company

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

Spices segment by Type

Hot Spices
Aromatic Spices
Others

Spices segment by Application

Catering Industry
Household
Others

Spices segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Spices market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Spices and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Spices.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Spices market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2019-2030).
Chapter 2: Provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Spices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Spices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of Spices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report


1 Market Overview
1.1 Product Definition
1.2 Global Spices Market Size, 2019 VS 2023 VS 2030
1.3 Global Spices Market Size Estimates and Forecasts (2019-2030)
1.4 Global Spices Sales Estimates and Forecasts (2019-2030)
1.5 Global Spices Market Average Price (2019-2030)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
2 Global Spices Market Dynamics
2.1 Spices Industry Trends
2.2 Spices Industry Drivers
2.3 Spices Industry Opportunities and Challenges
2.4 Spices Industry Restraints
3 Spices Market by Manufacturers
3.1 Global Spices Revenue by Manufacturers (2019-2024)
3.2 Global Spices Sales by Manufacturers (2019-2024)
3.3 Global Spices Average Sales Price by Manufacturers (2019-2024)
3.4 Global Spices Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Spices Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Spices Manufacturers, Product Type & Application
3.7 Global Spices Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Spices Market CR5 and HHI
3.8.2 Global Top 5 and 10 Spices Players Market Share by Revenue in 2023
3.8.3 2023 Spices Tier 1, Tier 2, and Tier 3
4 Spices Market by Type
4.1 Spices Type Introduction
4.1.1 Hot Spices
4.1.2 Aromatic Spices
4.1.3 Others
4.2 Global Spices Sales by Type
4.2.1 Global Spices Sales by Type (2019 VS 2023 VS 2030)
4.2.2 Global Spices Sales by Type (2019-2030)
4.2.3 Global Spices Sales Market Share by Type (2019-2030)
4.3 Global Spices Revenue by Type
4.3.1 Global Spices Revenue by Type (2019 VS 2023 VS 2030)
4.3.2 Global Spices Revenue by Type (2019-2030)
4.3.3 Global Spices Revenue Market Share by Type (2019-2030)
5 Spices Market by Application
5.1 Spices Application Introduction
5.1.1 Catering Industry
5.1.2 Household
5.1.3 Others
5.2 Global Spices Sales by Application
5.2.1 Global Spices Sales by Application (2019 VS 2023 VS 2030)
5.2.2 Global Spices Sales by Application (2019-2030)
5.2.3 Global Spices Sales Market Share by Application (2019-2030)
5.3 Global Spices Revenue by Application
5.3.1 Global Spices Revenue by Application (2019 VS 2023 VS 2030)
5.3.2 Global Spices Revenue by Application (2019-2030)
5.3.3 Global Spices Revenue Market Share by Application (2019-2030)
6 Global Spices Sales by Region
6.1 Global Spices Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Spices Sales by Region (2019-2030)
6.2.1 Global Spices Sales by Region (2019-2024)
6.2.2 Global Spices Sales Forecasted by Region (2025-2030)
6.3 North America
6.3.1 North America Spices Sales Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Spices Sales by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Spices Sales Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Spices Sales by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Netherlands
6.5 Asia Pacific
6.5.1 Asia Pacific Spices Sales Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Spices Sales by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 Southeast Asia
6.5.7 India
6.5.8 Australia
6.6 LAMEA
6.6.1 LAMEA Spices Sales Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 LAMEA Spices Sales by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.6 GCC Countries
7 Global Spices Revenue by Region
7.1 Global Spices Revenue by Region
7.1.1 Global Spices Revenue by Region: 2019 VS 2023 VS 2030
7.1.2 Global Spices Revenue by Region (2019-2024)
7.1.3 Global Spices Revenue by Region (2025-2030)
7.1.4 Global Spices Revenue Market Share by Region (2019-2030)
7.2 North America
7.2.1 North America Spices Revenue (2019-2030)
7.2.2 North America Spices Revenue Share by Country: 2019 VS 2023 VS 2030
7.3 Europe
7.3.1 Europe Spices Revenue (2019-2030)
7.3.2 Europe Spices Revenue Share by Country: 2019 VS 2023 VS 2030
7.4 Asia-Pacific
7.4.1 Asia-Pacific Spices Revenue (2019-2030)
7.4.2 Asia-Pacific Spices Revenue Share by Country: 2019 VS 2023 VS 2030
7.5 LAMEA
7.5.1 LAMEA Spices Revenue (2019-2030)
7.5.2 LAMEA Spices Revenue Share by Country: 2019 VS 2023 VS 2030
8 Company Profiles
8.1 McCormick
8.1.1 McCormick Comapny Information
8.1.2 McCormick Business Overview
8.1.3 McCormick Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.1.4 McCormick Spices Product Portfolio
8.1.5 McCormick Recent Developments
8.2 Unilever
8.2.1 Unilever Comapny Information
8.2.2 Unilever Business Overview
8.2.3 Unilever Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.2.4 Unilever Spices Product Portfolio
8.2.5 Unilever Recent Developments
8.3 Ajinomoto
8.3.1 Ajinomoto Comapny Information
8.3.2 Ajinomoto Business Overview
8.3.3 Ajinomoto Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.3.4 Ajinomoto Spices Product Portfolio
8.3.5 Ajinomoto Recent Developments
8.4 Ariake
8.4.1 Ariake Comapny Information
8.4.2 Ariake Business Overview
8.4.3 Ariake Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.4.4 Ariake Spices Product Portfolio
8.4.5 Ariake Recent Developments
8.5 Kerry Group Plc. (Ireland)
8.5.1 Kerry Group Plc. (Ireland) Comapny Information
8.5.2 Kerry Group Plc. (Ireland) Business Overview
8.5.3 Kerry Group Plc. (Ireland) Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.5.4 Kerry Group Plc. (Ireland) Spices Product Portfolio
8.5.5 Kerry Group Plc. (Ireland) Recent Developments
8.6 Olam International
8.6.1 Olam International Comapny Information
8.6.2 Olam International Business Overview
8.6.3 Olam International Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.6.4 Olam International Spices Product Portfolio
8.6.5 Olam International Recent Developments
8.7 Everest Spices
8.7.1 Everest Spices Comapny Information
8.7.2 Everest Spices Business Overview
8.7.3 Everest Spices Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.7.4 Everest Spices Spices Product Portfolio
8.7.5 Everest Spices Recent Developments
8.8 Zhumadian Wang Shouyi
8.8.1 Zhumadian Wang Shouyi Comapny Information
8.8.2 Zhumadian Wang Shouyi Business Overview
8.8.3 Zhumadian Wang Shouyi Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.8.4 Zhumadian Wang Shouyi Spices Product Portfolio
8.8.5 Zhumadian Wang Shouyi Recent Developments
8.9 MDH Spices
8.9.1 MDH Spices Comapny Information
8.9.2 MDH Spices Business Overview
8.9.3 MDH Spices Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.9.4 MDH Spices Spices Product Portfolio
8.9.5 MDH Spices Recent Developments
8.10 Catch (DS Group)
8.10.1 Catch (DS Group) Comapny Information
8.10.2 Catch (DS Group) Business Overview
8.10.3 Catch (DS Group) Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.10.4 Catch (DS Group) Spices Product Portfolio
8.10.5 Catch (DS Group) Recent Developments
8.11 Nestle
8.11.1 Nestle Comapny Information
8.11.2 Nestle Business Overview
8.11.3 Nestle Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.11.4 Nestle Spices Product Portfolio
8.11.5 Nestle Recent Developments
8.12 Brucefoods
8.12.1 Brucefoods Comapny Information
8.12.2 Brucefoods Business Overview
8.12.3 Brucefoods Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.12.4 Brucefoods Spices Product Portfolio
8.12.5 Brucefoods Recent Developments
8.13 Sensient Technologies (U.S.)
8.13.1 Sensient Technologies (U.S.) Comapny Information
8.13.2 Sensient Technologies (U.S.) Business Overview
8.13.3 Sensient Technologies (U.S.) Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.13.4 Sensient Technologies (U.S.) Spices Product Portfolio
8.13.5 Sensient Technologies (U.S.) Recent Developments
8.14 Ankee Food
8.14.1 Ankee Food Comapny Information
8.14.2 Ankee Food Business Overview
8.14.3 Ankee Food Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.14.4 Ankee Food Spices Product Portfolio
8.14.5 Ankee Food Recent Developments
8.15 Haitian
8.15.1 Haitian Comapny Information
8.15.2 Haitian Business Overview
8.15.3 Haitian Spices Sales, Price, Revenue and Gross Margin (2019-2024)
8.15.4 Haitian Spices Product Portfolio
8.15.5 Haitian Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 Spices Value Chain Analysis
9.1.1 Spices Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Spices Production Mode & Process
9.2 Spices Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Spices Distributors
9.2.3 Spices Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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