Seasoning & Spices Market Size, Share & Trends Analysis Report By Product (Spice, Salt & Salts Substitutes), By Brand (National Brand, Private Label Brand), By End-use (Retail, Foodservice), By Region, And Segment Forecasts, 2024 - 2030

Seasoning & Spices Market Size, Share & Trends Analysis Report By Product (Spice, Salt & Salts Substitutes), By Brand (National Brand, Private Label Brand), By End-use (Retail, Foodservice), By Region, And Segment Forecasts, 2024 - 2030

Seasoning & Spices Market Growth & Trends

The global seasoning & spices market size is expected to reach USD 34.31 billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the increasing consumer demand for diverse and authentic flavors, coupled with rising health consciousness, encourages the use of spices known for their nutritional benefits and natural properties. The trend of clean-label products and natural ingredients favors spices as alternatives to artificial additives. The expansion of the food processing industry and the growing foodservice sector in emerging markets are also significant drivers of market expansion.

The global culinary landscape has been significantly influenced by the growing interest in ethnic cuisines and diverse flavors. This trend is driven by consumers’ desire to explore and experience the rich and varied food cultures from around the world. As people become more adventurous with their food choices, they seek authentic ingredients that allow them to recreate traditional dishes from different regions in their own kitchens.

Companies are expanding product lines to include a variety of ethnic spices and seasoning blends. McCormick Gourmet have introduced Global Blends, which feature spices inspired by international cuisines. Spice House’s "Taste of India" collection offers traditional Indian spices and blends, enabling consumers to create authentic Indian dishes at home.

Similarly, in November 2023, Organic Herb Trading launched a collection of new flavorful spice blends inspired by global cuisines, including a Mexican Powder Blend, Chinese 5 Spice, Harissa Powder, and Ras El Hanout Coarse Powder - all crafted with high-quality, sustainably sourced organic ingredients to help home cooks explore diverse global flavors.

Innovation and product development are critical drivers in the global seasonings and spices market. They involve introducing new products, improving existing ones, and finding novel ways to meet consumer demands. This trend is fueled by consumers’ evolving tastes, health consciousness, and the desire for convenience.

In March 2023, Simply Organic, a leader in organic spices, herbs, and seasonings, unveiled a new lineup of flavorful products to elevate home cooking. The brand introduced four globally-inspired dry rubs and marinade mixes, as well as three chef-inspired finishing salts. The dry rubs and marinades, featuring bold flavors like Chimichurri, Teriyaki, Buffalo, and Cajun, add depth and complexity to a variety of dishes. The finishing salts, including Hatch Chile Smoked, Black Garlic, and Citrus Rosemary blends, provide an instant flavor boost when sprinkled on plated meals. With these innovative products, Simply Organic aims to empower home cooks and grillers to take their culinary skills to new heights using convenient, flavorful shortcuts.

Furthermore, spices and herbs are used as natural preservatives in meat and poultry products. As consumers seek to avoid synthetic additives, the use of spices and herbs as natural preservatives is becoming more popular. Spices like oregano, coriander, thyme, and clove can eliminate many pathogens and spoilage bacteria when used as preservatives in meat. According to an article published on ScienceDirect in May 2022 that studied the antimicrobial effect of 21 natural spices essential oils on marinated chicken, cassia bark essential oil, cinnamon essential oil, tea tree essential oil, and angelica essential oil had the best antibacterial effect on marinated chicken.

The rising popularity of plant-based diets is also contributing to the growth of the seasonings and spices market. Consumers are using spices and herbs to add flavor and complexity to vegetarian and vegan dishes. This shift toward plant-based diets is boosting the demand for spices and herbs. Manufacturers are responding to these trends by offering a wider range of spice blends, organic products, and innovative flavor profiles.

Seasoning & Spices Market Report Highlights

• Based on product, the spices segment accounted for a significant revenue share in 2023. Spices are deeply rooted in the culinary traditions of various cultures. The spice trade has been a significant part of global commerce for centuries. Today, spices continue to be a major commodity in international trade and have gained widespread popularity for their acceptance across the food industry.
• Based on brand, the private label seasoning & spices segment is set to grow at rapidly from 2024 to 2030. Private label manufacturers across the globe are expanding their range with sustainable, new or better-quality herbs and spices.
• Based on end user, the use of seasoning & spices in retail accounted for a significant share in 2023. The COVID-19 pandemic played a vital role in boosting the demand for and sales of spices and seasonings like turmeric, garlic, clove, and ginger owing to their medicinal and immunity-boosting properties.
• The market in Asia Pacific is accounted for a major share in the global market in 2023. The Asia Pacific region is experiencing a surge in the consumption of seasonings and spices, driven by a confluence of factors. Rising disposable incomes are empowering consumers to explore culinary adventures and experiment with flavors. The emergence of homegrown brands of spices and herbs is fueling local pride and accessibility.

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