香辛料・調味料の世界市場規模、機会分析&予測 2024-2031年

Global Spices and Seasonings Market

世界の香辛料・調味料市場 : タイプ (ホットスパイス、マイルドスパイス、芳香スパイスとハーブ)、地域別 - 2024-2031年の市場規模、業界の動向、機会分析および予測
Global Spices and Seasonings Market, By Type (Hot spices, Mild spices, Aromatic spices and Herbs), By Region— Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2024–2031.

商品番号 : SMB-69602

出版社Astute Analytica
出版年月2024年9月
ページ数236
価格タイプシングルユーザライセンス
価格USD 4,250
種別英文調査報告書

Report Overview

Global Spices and Seasonings Market: Driven by Rising Popularity of International Cuisines, Forecast to Reach US$ 54.45 Billion by 2031 with a robust CAGR of 9.49% over the forecast period 2024–2031.

世界の香辛料・調味料市場:各国料理の人気の高まりによって牽引され、2024年から2031年の予測期間にわたって9.49%という堅調なCAGRで、2031年までに544億5,000万米ドルに達すると予測されています。

香辛料・調味料の世界市場規模、機会分析&予測 2024-2031年
Global Spices and Seasonings Market

Introduction

The Global Spices and Seasonings Market is witnessing robust expansion, currently valued at US$ 27.45 billion in 2023 and projected to grow at a CAGR of 9.49% from 2024 to 2031. This growth is fueled by increasing demand for ethnic cuisines, healthier eating habits, and heightened awareness of the medicinal benefits of spices. Key ingredients such as herbs, salt, pepper, and various aromatic components are essential for enhancing both flavor and nutritional value across diverse culinary traditions. The market’s expansion is further driven by a rising preference for organic and clean-label spices, as consumers seek natural alternatives to synthetic additives. The Asia-Pacific region stands out as the largest producer and consumer of spices, with India, China, and Vietnam leading in production. Meanwhile, North America and Europe have also seen significant growth, largely due to an increased interest in global cuisines and a rise in home cooking during the pandemic. Key drivers include health-conscious consumers, an expanding food processing industry, and a trend toward culinary experimentation, positioning the market for continued growth, supported by innovations in packaging and ready-to-use spice blends.

Drivers of Growth

Global cuisines are becoming more accessible, allowing diners to explore diverse flavors from various cultures. In the U.S. and Europe, the popularity of Asian cuisines has surged, with Asian dishes making up nearly 50% of sales in major U.S. restaurant chains, according to The Washington Post. Latin American cuisine, particularly from Mexico, Brazil, and Argentina, is also gaining ground, though Peruvian cuisine remains less recognized. Among global favorites, Mexican, Italian, and Chinese cuisines dominate, while Korean flavors are steadily increasing in popularity in the U.S. As culinary globalization continues, the demand for spices and seasonings has soared, driven largely by the rise of packaged, ready-to-use spice brands. Consumers are increasingly choosing branded, hygienically packaged spices over loose varieties that may pose contamination risks. In India, the branded spice market is projected to double to ₹50,000 crore by 2025, with branded spices expected to comprise half of all sales. Key players like MTR, Badshaah, Catch, and Everest are focusing on blended spices, particularly in Asian markets, fueling the global spices and seasonings market’s impressive growth.

Segment Overview

The hot spices market is projected to grow at a CAGR of over 6% from 2024 to 2031. Hot spices, known for adding heat to dishes, include black and white peppers as well as ginger. Black and white peppers are particularly popular due to their versatility and ease of production, with major production and consumption occurring in Vietnam, Brazil, India, and Indonesia. Ginger is another widely used hot spice, especially in India, China, Nigeria, and Nepal. The market’s growth is fueled by consumers’ desire for new flavors and an increasing interest in diverse cuisines. This trend is reflected in the rising variety of products and higher spice sales. The success of the hot spices segment is largely due to its capacity to meet consumer demands for more flavor options, convenience, and healthier alternatives. Moreover, the growing trend of fast food in Asian countries significantly boosts the usage of hot spices. This dynamic growth underscores changing consumer preferences as they increasingly seek flavorful and convenient spice options to enhance their culinary experiences.

Regional Insights

The Asia Pacific region dominated the global spices and seasonings market with over 55% share in 2023 and is expected to grow at the highest CAGR during the forecast period. Significant contributors to this growth include China, Japan, India, Australia, and New Zealand. Key factors driving market expansion include a young population, a rapidly growing fast food sector, and increasing demand for packaged, frozen, and convenient food options. Rising disposable incomes, the emergence of local spice brands, and enhanced marketing initiatives further stimulate seasoning consumption. Prominent spice-producing countries like India, Vietnam, China, and Thailand position the region as a leading exporter. Additionally, evolving consumer preferences driven by globalization and migration create new opportunities for foodservice businesses to incorporate a variety of spices into their offerings, thereby enhancing the appeal of diverse cuisines throughout the region.

Competitive Landscape

The Global Spices and Seasonings market is highly competitive, featuring major players such as McCormick & Company, Inc., Olam International, Ajinomoto Co. Inc., Associated British Foods plc, Kerry Group plc, Sensient Technologies Corporation, Döhler Group, SHS Group, Worlée Gruppe, Watkins Incorporated, and Ariake Japan Co. Ltd., collectively holding over 30% of the market share. This competitive environment is driven by extensive research and development, strategic partnerships, and collaborations. Key competitive factors include pricing, product quality, and technological innovation. As the industry grows, competition is expected to intensify, with companies focusing on innovation and adapting to evolving consumer preferences and regulatory standards. This dynamic environment will likely lead to increased innovation and strategic advancements within the sector.

Conclusion

The Global Spices and Seasonings Market is poised for substantial growth, driven by the increasing popularity of international cuisines and the rising demand for flavorful, health-conscious ingredients. With a projected market value of US$ 54.45 billion by 2031, the sector is witnessing a robust CAGR of 9.49% from 2024 to 2031. The Asia-Pacific region, as the largest producer and consumer of spices, is expected to continue leading this expansion, bolstered by a young demographic, an evolving fast-food industry, and the growing preference for packaged and convenient food options. Major players in the market are focusing on innovation, product quality, and strategic partnerships to enhance their offerings and meet consumer demands. Additionally, the shift towards organic and clean-label spices highlights a significant consumer trend favoring natural alternatives. As culinary globalization progresses, opportunities for market growth are further amplified by changing consumer preferences and increased interest in diverse flavors. Overall, the spices and seasonings market is well-positioned for ongoing development, supported by evolving tastes and the drive for culinary experimentation across the globe. This dynamic landscape promises exciting prospects for both established and emerging players in the industry.

Segmentation Overview

The various segments of the Global Spices and Seasonings market are:

           By Type, the Global Spices and Seasonings market is segmented into:

  • Hot spices

           Capsicum (chillies)

           Cayenne pepper

           Black and White peppers

           Ginger

           Mustard

           Others

  • Mild spices

           Paprika

           Coriander

           Others

  • Aromatic spices

           Cardamom

           Cassia

           Cinnamon

           Clove

           Cumin

           Others

  • Herbs

           Basil

           Bay

           Dill leaves

           Marjoram

           Tarragon

           Others

           By Region, the Global Spices and Seasonings market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Table of Contents

Chapter 1.            Research Framework

1.1.        Research Objective

1.2.        Product Overview

1.3.        Market Segmentation

Chapter 2.            Research Methodology

2.1.        Qualitative Research

2.1.1.     Primary & Secondary Sources

2.2.        Quantitative Research

2.2.1.     Primary & Secondary Sources

2.3.        Breakdown of Primary Research Respondents, By Region

2.4.        Assumption for the Study

2.5.        Market Size Estimation

2.6.        Data Triangulation

Chapter 3.            Executive Summary: Global Spices and Seasonings Market

Chapter 4.            Global Spices and Seasonings Market Overview

4.1.        Industry Value Chain Analysis

4.1.1.     Producer

4.1.2.     Packaging

4.1.3.     Distributor

4.1.4.     End User

4.2.        Industry Outlook

4.2.1.     Production Volume of Spices and Seasonings, By Country

4.2.2.     Spices and Seasonings Market, Overview

4.3.        PESTLE Analysis

4.4.        Porter’s Five Forces Analysis

4.4.1.     Bargaining Power of Suppliers

4.4.2.     Bargaining Power of Buyers

4.4.3.     Threat of Substitutes

4.4.4.     Threat of New Entrants

4.4.5.     Degree of Competition

4.5.        Market Dynamics and Trends

4.5.1.     Growth Drivers

4.5.2.     Restraints

4.5.3.     Challenges

4.5.4.     Key Trends

4.6.        Covid-19 Impact Assessment on Market Growth Trend

4.7.        Market Growth and Outlook

4.7.1.     Market Revenue Estimates and Forecast (US$ Mn), 2018 – 2031

4.7.2.     Market Volume Estimates and Forecast (000′ Tons), 2018 – 2031

4.7.3.     Price Trend Analysis, By Types

4.8.        Competition Dashboard

4.8.1.     Market Concentration Rate

4.8.2.     Company Market Share Analysis (Value %), 2022

4.8.3.     Competitor Mapping

Chapter 5.            Global Spices and Seasonings Market Analysis, By Type

5.1.        Key Insights

5.2.        Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

5.2.1.     Hot spices

5.2.1.1.  Capsicum (chillies)

5.2.1.2.  Cayenne pepper

5.2.1.3.  Black and White peppers

5.2.1.4.  Ginger

5.2.1.5.  Mustard

5.2.1.6.  Others

5.2.2.     Mild spices

5.2.2.1.  Paprika

5.2.2.2.  Coriander

5.2.2.3.  Others

5.2.3.     Aromatic spices

5.2.3.1.  Cardamom

5.2.3.2.  Cassia

5.2.3.3.  Cinnamon

5.2.3.4.  Clove

5.2.3.5.  Cumin

5.2.3.6.  Others

5.2.4.     Herbs

5.2.4.1.  Basil

5.2.4.2.  Bay

5.2.4.3.  Dill leaves

5.2.4.4.  Marjoram

5.2.4.5.  Tarragon

5.2.4.6.  Others

Chapter 6.            Global Spices and Seasonings Market Analysis, By Region

6.1.        Key Insights

6.2.        Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

6.2.1.     North America

6.2.1.1.  The U.S.

6.2.1.2.  Canada

6.2.1.3.  Mexico

6.2.2.     Europe

6.2.2.1.  Western Europe

6.2.2.1.1.             The UK

6.2.2.1.2.             Germany

6.2.2.1.3.             France

6.2.2.1.4.             Italy

6.2.2.1.5.             Spain

6.2.2.1.6.             Rest of Western Europe

6.2.2.2.  Eastern Europe

6.2.2.2.1.             Poland

6.2.2.2.2.             Russia

6.2.2.2.3.             Rest of Eastern Europe

6.2.3.     Asia Pacific

6.2.3.1.  China

6.2.3.2.  India

6.2.3.3.  Japan

6.2.3.4.  South Korea

6.2.3.5.  Australia & New Zealand

6.2.3.6.  ASEAN

6.2.3.7.  Rest of Asia Pacific

6.2.4.     Middle East & Africa

6.2.4.1.  UAE

6.2.4.2.  Saudi Arabia

6.2.4.3.  South Africa

6.2.4.4.  Rest of MEA

6.2.5.     South America

6.2.5.1.  Argentina

6.2.5.2.  Brazil

6.2.5.3.  Rest of South America

Chapter 7.            North America Spices and Seasonings Market Analysis

7.1.        Key Insights

7.2.        Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

7.2.1.     By Type

7.2.2.     By Country

Chapter 8.            Europe Spices and Seasonings Market Analysis

8.1.        Key Insights

8.2.        Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

8.2.1.     By Type

8.2.2.     By Country

Chapter 9.            Asia Pacific Spices and Seasonings Market Analysis

9.1.        Key Insights

9.2.        Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

9.2.1.     By Type

9.2.2.     By Country

Chapter 10.          Middle East and Africa Spices and Seasonings Market Analysis

10.1.      Key Insights

10.2.      Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

10.2.1.   By Type

10.2.2.   By Country

Chapter 11.          South America Spices and Seasonings Market Analysis

11.1.      Key Insights

11.2.      Market Size and Forecast, 2018 – 2031 (US$ Mn and 000′ Tons)

11.2.1.   By Type

11.2.2.   By Country

Chapter 12.          Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)

12.1.      McCormick & Company, Inc. (US)

12.2.      Olam International (Singapore)

12.3.      Ajinomoto Co. Inc. (Japan)

12.4.      Associated British Foods plc (UK)

12.5.      Kerry Group plc (Ireland)

12.6.      Sensient Technologies Corporation (US)

12.7.      Döhler Group (Germany)

12.8.      SHS Group (Ireland)

12.9.      Worlée Gruppe (Germany)

12.10.    Watkins Incorporated (U.S)

12.11.    Ariake Japan Co. Ltd (Japan)

12.12.    MDH (India)

12.13.    Everest Spices (India)

12.14.    Asquare Food & Beverages Pvt Ltd (Zoff Foods) (India)

12.15.    B&G Foods, Inc (USA)

12.16.    LianFu Food (China)

12.17.    Other Prominent Players

12.18.    Indonesia Manufacturers

12.18.1. PT Sumber Inti Pangan

12.18.2. PT. Sari Bumbu Indonesia

12.18.3. PT. Sumatran Organic Spices

12.18.4. Agri Spice Indonesia Pt.

12.18.5. PT Tiga Rasa Indonesia

12.18.6. PT Spice Agro International

12.18.7. AMR Spices

12.18.8. Other Prominent Players

12.19.    Brazil Manufacturers

12.19.1. Brazspice

12.19.2. Rio Brazil Group Industries

12.19.3. Golden Agrícola – Pará

12.19.4. Kinino

12.19.5. Other Prominent Players