The global spices and seasonings market has shown tremendous growth in recent years, expanding from $26.88 billion in 2024 to $28.84 billion in 2025 at a robust compound annual growth rate (CAGR) of 7.3%. This historic period growth is credited to increased demand for spices and seasonings in the foodservice sector and processed food products, coupled with the growing popularity of home cooking and ethnic foods.
The market size is projected to catapult to $40.17 billion in 2029 at a CAGR of 8.6%. This forecast period growth can be attributed to increasing consumer health consciousness, evolving consumption patterns, and rising demand for organic flavors and exotic tastes. Another significant trend expected to shape the market’s future is the introduction of blended spices.
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What Are The Key Drivers Of The Spices And Seasonings Market?
The booming hospitality industry is strategically poised to propel the spices and seasonings market. The growth in the hospitality sector, fueled by increased disposable income, evolving travel trends, and improved work-life balance, has enhanced the demand for spices and seasonings across global cuisines. This trend is especially evident in India, where the domestic, international, and outbound hotel business reached a value of $32 billion in FY20 and is expected to reach $52 billion by FY27 due to rising traveler demand and persistent expansion endeavors by travel agencies.
Which Are The Major Segments In The Spices And Seasonings Market?
The spices and seasonings market covered in this report is segmented by:
1) By Type: Pepper, Capsicum, Ginger, Cinnamon, Cumin, Turmeric, Nutmeg & Mace, Cardamom, Coriander, Cloves, Other Types
2) By Nature: Organic, Conventional
3) By Application: Meat & Poultry Products, Snacks & Convenience Food, Soups, Sauces, And Dressings, Bakery & Confectionery, Frozen Products, Beverages, Other Applications
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Who Are The Major Players In The Spices And Seasonings Market?
Major companies operating in the spices and seasonings market include McCormick & Company Incorporated, Olam International Limited, Ajinomoto Co. Inc., Associated British Foods plc, Kerry Group plc, Kikkoman Corporation, Sensient Technologies Corporation, Cargill Incorporated, Döhler GmbH, House Foods Group Inc., Baron Spices Inc., among others.
What Are The Emerging Trends In the Spices And Seasonings Market?
The blending of spices is a prominent trend catching up in the spices and seasonings market. Companies are blending different spices to create enticing flavor profiles that align with the increasing consumer inclination towards healthier food options. For instance, in September 2024, M K Agrotech Pvt Ltd launched Sunpure Sambar Powder, Sunpure Rasam Powder, and Sunpure Puliyogare Powder, all of which are blended spices.
What Is The Regional Outlook For The Spices And Seasonings Market?
North America dominated the spices and seasonings market in 2024, and Asia-Pacific is expected to be the fastest-growing region in the market during the forecast period.
What Does The Spices And Seasonings Market Report 2025 Offer?
The Spices and Seasonings Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Spices and seasonings are aromatic substances from the roots, barks, seeds, leaves, or fruits of plants, meant to enhance food flavor.
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