Leading Spices and Seasonings Application Markets Databank
The Spices and Seasonings market was valued at $13,215.2 Million in 2020, and is projected to reach $22,445.5 Million by 2029 growing at a CAGR of 6.12% from 2021 to 2029. Soups, Sauces, & Dressings segment is expected to be the highest contributor to this market, with $3,847.2 Million in 2020, and is anticipated to reach $5,846.7 Million by 2029, registering a CAGR of 4.81%. Beverages segment is anticipated to reach $3,391.4 Million by 2029 with the highest CAGR of 8.25%. Soups, Sauces, & Dressings and Bakery & Confectionery Products segments collectively expected to account for about 50.9% share of the Spices and Seasonings market in 2020, with the former constituting around 29.1% share. Beverages and Frozen Food segments are expected to witness significant growth rates at a CAGR of 8.25% and 7.74% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 24.8% in the overall Spices and Seasonings market in 2020, and is anticipated to reach 29.2% by 2029.
- 1. GLOBAL SPICES AND SEASONINGS MARKET, BY APPLICATION
- 1.1. OVERVIEW
- 1.2. BAKERY & CONFECTIONERY PRODUCTS
- 1.2.1 BAKERY & CONFECTIONERY PRODUCTS MARKET, BY REGION
- 1.2.1.1 North America Bakery & Confectionery Products Market, By Country
- 1.2.1.2 Europe Bakery & Confectionery Products Market, By Country
- 1.2.1.3 Asia-Pacific Bakery & Confectionery Products Market, By Country
- 1.2.1.4 Rest of World Bakery & Confectionery Products Market, By Country
- 1.3. MEAT & POULTRY PRODUCTS
- 1.3.1 MEAT & POULTRY PRODUCTS MARKET, BY REGION
- 1.3.1.1 North America Meat & Poultry Products Market, By Country
- 1.3.1.2 Europe Meat & Poultry Products Market, By Country
- 1.3.1.3 Asia-Pacific Meat & Poultry Products Market, By Country
- 1.3.1.4 Rest of World Meat & Poultry Products Market, By Country
- 1.4. FROZEN FOOD
- 1.4.1 FROZEN FOOD MARKET, BY REGION
- 1.4.1.1 North America Frozen Food Market, By Country
- 1.4.1.2 Europe Frozen Food Market, By Country
- 1.4.1.3 Asia-Pacific Frozen Food Market, By Country
- 1.4.1.4 Rest of World Frozen Food Market, By Country
- 1.5. SOUPS, SAUCES, & DRESSINGS
- 1.5.1 SOUPS, SAUCES, & DRESSINGS MARKET, BY REGION
- 1.5.1.1 North America Soups, Sauces, & Dressings Market, By Country
- 1.5.1.2 Europe Soups, Sauces, & Dressings Market, By Country
- 1.5.1.3 Asia-Pacific Soups, Sauces, & Dressings Market, By Country
- 1.5.1.4 Rest of World Soups, Sauces, & Dressings Market, By Country
- 1.6. BEVERAGES
- 1.6.1 BEVERAGES MARKET, BY REGION
- 1.6.1.1 North America Beverages Market, By Country
- 1.6.1.2 Europe Beverages Market, By Country
- 1.6.1.3 Asia-Pacific Beverages Market, By Country
- 1.6.1.4 Rest of World Beverages Market, By Country
- 1.7. OTHER APPLICATIONS
- 1.7.1 OTHER APPLICATIONS MARKET, BY REGION
- 1.7.1.1 North America Other Applications Market, By Country
- 1.7.1.2 Europe Other Applications Market, By Country
- 1.7.1.3 Asia-Pacific Other Applications Market, By Country
- 1.7.1.4 Rest of World Other Applications Market, By Country
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