Bharat Book Bureau Provides the Trending Market Research Report on “Global Spices and Seasonings Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Spices and Seasonings Market Forecast–2024
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.
Scope of the Report:
The production of Spices and Seasonings increases from 743564 MT in 2012 to 1006435 MT in 2017, with CAGR of 6.24%. In the world wide, Europe is the largest revenue market, who account for about 21.89% market share in the Spices and Seasonings market in 2016. China ranked the second place, and with a market share of 21.04 in 2016. McCormick, Unilever, Ajinomoto are the global leading manufacturers of spices.
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ASTA defines spices as “any dried plant product used primarily for seasoning purposes”. Included are tropical aromatics (pepper, cinnamon, cloves, etc.), leafy herbs (basil, oregano, marjoram, etc.), spice seeds (sesame, poppy, mustard, etc.) and dehydrated vegetables (onions, garlic, etc.). Blends such as curry, chili powders, poultry seasoning, etc. are part of the spice shelf, too.
The FDA defines spices similarly, except that they do not include the dehydrated vegetables in the label definition of “spices”. Any form of dehydrated vegetable product must be labeled separately. Such color contributing spices as paprika, turmeric and saffron must either be labeled separately or as “spice coloring”. The Department of Agriculture (meat and poultry products labeling) has nearly the same requirements as the FDA, except that colorant spices and mustard must always be listed separately while onion powder and garlic powder may be listed as “flavors”. All other forms of dehydrated vegetables must be listed separately by name.
The worldwide market for Spices and Seasonings is expected to grow at a CAGR of roughly 4.9% over the next five years, will reach 19800 million US$ in 2024, from 14800 million US$ in 2019. This report focuses on the Spices and Seasonings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
– Kerry Group Plc. (Ireland)
– Olam International
– Everest Spices
– Zhumadian Wang Shouyi
– MDH Spices
– Catch(DS Group)
– Sensient Technologies (U.S.)
– Ankee Food
Market Segment by Regions, regional analysis covers
– North America (United States, Canada and Mexico)
– Europe (Germany, France, UK, Russia and Italy)
– Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
– South America (Brazil, Argentina, Colombia etc.)
– Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
– Salt & Salt Substitutes
– Hot Spices
– Aromatic Spices
Market Segment by Applications, can be divided into
– Food Processing Industry
– Catering Industry
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Spices and Seasonings product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Spices and Seasonings, with price, sales, revenue and global market share of Spices and Seasonings in 2017 and 2018.
Chapter 3, the Spices and Seasonings competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Spices and Seasonings breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Spices and Seasonings market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Spices and Seasonings sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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