The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Spices-Global Market Insights and Sales Trends 2025
Synopsis
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.
A spice may have other uses, including medicinal, religious ritual, cosmetics or perfume production, or as a vegetable.
A spice may be available in several forms: fresh, whole dried, or pre-ground dried. Generally, spices are dried. A whole dried spice has the longest shelf life, so it can be purchased and stored in larger amounts, making it cheaper on a per-serving basis. Some spices are not always available either fresh or whole, for example turmeric, and often must be purchased in ground form. Small seeds, such as fennel and mustard seeds, are often used both whole and in powder form.
In this report, it includes the dried plant product used primarily for seasoning purposes or medicine effectiveness etc.
The global Spices market size is expected to reach US$ 8574.4 million by 2029, growing at a CAGR of 1.6% from 2023 to 2029. The market is mainly driven by the significant applications of Spices in various end use industries. The expanding demands from the Catering Industry, Household and Others,, are propelling Spices market. Hot Spices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Aromatic Spices segment is estimated at % CAGR for the next seven-year period.
India is the largest Spices market with about 63% market share. China is follower, accounting for about 6% market share.
The key players are McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi, MDH Spices, Catch(DS Group), Nestle, Brucefoods, Sensient Technologies (U.S.), Ankee Food, Haitian etc. Top 3 companies occupied about 13% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Spices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Spices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Spices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Spices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Spices covered in this report include McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi and MDH Spices, etc.
The global Spices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
McCormick
Unilever
Ajinomoto
Ariake
Kerry Group Plc. (Ireland)
Olam International
Everest Spices
Zhumadian Wang Shouyi
MDH Spices
Catch (DS Group)
Nestle
Brucefoods
Sensient Technologies (U.S.)
Ankee Food
Haitian
Global Spices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Spices market, Segment by Type:
Hot Spices
Aromatic Spices
Others
Global Spices market, by Application
Catering Industry
Household
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Spices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Spices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
A spice may have other uses, including medicinal, religious ritual, cosmetics or perfume production, or as a vegetable.
A spice may be available in several forms: fresh, whole dried, or pre-ground dried. Generally, spices are dried. A whole dried spice has the longest shelf life, so it can be purchased and stored in larger amounts, making it cheaper on a per-serving basis. Some spices are not always available either fresh or whole, for example turmeric, and often must be purchased in ground form. Small seeds, such as fennel and mustard seeds, are often used both whole and in powder form.
In this report, it includes the dried plant product used primarily for seasoning purposes or medicine effectiveness etc.
The global Spices market size is expected to reach US$ 8574.4 million by 2029, growing at a CAGR of 1.6% from 2023 to 2029. The market is mainly driven by the significant applications of Spices in various end use industries. The expanding demands from the Catering Industry, Household and Others,, are propelling Spices market. Hot Spices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Aromatic Spices segment is estimated at % CAGR for the next seven-year period.
India is the largest Spices market with about 63% market share. China is follower, accounting for about 6% market share.
The key players are McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi, MDH Spices, Catch(DS Group), Nestle, Brucefoods, Sensient Technologies (U.S.), Ankee Food, Haitian etc. Top 3 companies occupied about 13% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Spices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Spices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Spices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Spices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Spices covered in this report include McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi and MDH Spices, etc.
The global Spices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
McCormick
Unilever
Ajinomoto
Ariake
Kerry Group Plc. (Ireland)
Olam International
Everest Spices
Zhumadian Wang Shouyi
MDH Spices
Catch (DS Group)
Nestle
Brucefoods
Sensient Technologies (U.S.)
Ankee Food
Haitian
Global Spices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Spices market, Segment by Type:
Hot Spices
Aromatic Spices
Others
Global Spices market, by Application
Catering Industry
Household
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Spices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Spices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Spices Market Overview
1.1 Spices Product Overview
1.2 Spices Market Segment by Type
1.2.1 Hot Spices
1.2.2 Aromatic Spices
1.2.3 Others
1.3 Global Spices Market Size by Type
1.3.1 Global Spices Market Size Overview by Type (2018-2029)
1.3.2 Global Spices Historic Market Size Review by Type (2018-2023)
1.3.3 Global Spices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Spices Sales Breakdown by Type (2018-2023)
1.4.2 Europe Spices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Spices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Spices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Spices Sales Breakdown by Type (2018-2023)
2 Global Spices Market Competition by Company
2.1 Global Top Players by Spices Sales (2018-2023)
2.2 Global Top Players by Spices Revenue (2018-2023)
2.3 Global Top Players by Spices Price (2018-2023)
2.4 Global Top Manufacturers Spices Manufacturing Base Distribution, Sales Area, Product Type
2.5 Spices Market Competitive Situation and Trends
2.5.1 Spices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Spices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Spices as of 2022)
2.7 Date of Key Manufacturers Enter into Spices Market
2.8 Key Manufacturers Spices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Spices Status and Outlook by Region
3.1 Global Spices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Spices Historic Market Size by Region
3.2.1 Global Spices Sales in Volume by Region (2018-2023)
3.2.2 Global Spices Sales in Value by Region (2018-2023)
3.2.3 Global Spices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Spices Forecasted Market Size by Region
3.3.1 Global Spices Sales in Volume by Region (2024-2029)
3.3.2 Global Spices Sales in Value by Region (2024-2029)
3.3.3 Global Spices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Spices by Application
4.1 Spices Market Segment by Application
4.1.1 Catering Industry
4.1.2 Household
4.1.3 Others
4.2 Global Spices Market Size by Application
4.2.1 Global Spices Market Size Overview by Application (2018-2029)
4.2.2 Global Spices Historic Market Size Review by Application (2018-2023)
4.2.3 Global Spices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Spices Sales Breakdown by Application (2018-2023)
4.3.2 Europe Spices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Spices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Spices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Spices Sales Breakdown by Application (2018-2023)
5 North America Spices by Country
5.1 North America Spices Historic Market Size by Country
5.1.1 North America Spices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Spices Sales in Volume by Country (2018-2023)
5.1.3 North America Spices Sales in Value by Country (2018-2023)
5.2 North America Spices Forecasted Market Size by Country
5.2.1 North America Spices Sales in Volume by Country (2024-2029)
5.2.2 North America Spices Sales in Value by Country (2024-2029)
6 Europe Spices by Country
6.1 Europe Spices Historic Market Size by Country
6.1.1 Europe Spices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Spices Sales in Volume by Country (2018-2023)
6.1.3 Europe Spices Sales in Value by Country (2018-2023)
6.2 Europe Spices Forecasted Market Size by Country
6.2.1 Europe Spices Sales in Volume by Country (2024-2029)
6.2.2 Europe Spices Sales in Value by Country (2024-2029)
7 Asia-Pacific Spices by Region
7.1 Asia-Pacific Spices Historic Market Size by Region
7.1.1 Asia-Pacific Spices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Spices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Spices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Spices Forecasted Market Size by Region
7.2.1 Asia-Pacific Spices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Spices Sales in Value by Region (2024-2029)
8 Latin America Spices by Country
8.1 Latin America Spices Historic Market Size by Country
8.1.1 Latin America Spices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Spices Sales in Volume by Country (2018-2023)
8.1.3 Latin America Spices Sales in Value by Country (2018-2023)
8.2 Latin America Spices Forecasted Market Size by Country
8.2.1 Latin America Spices Sales in Volume by Country (2024-2029)
8.2.2 Latin America Spices Sales in Value by Country (2024-2029)
9 Middle East and Africa Spices by Country
9.1 Middle East and Africa Spices Historic Market Size by Country
9.1.1 Middle East and Africa Spices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Spices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Spices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Spices Forecasted Market Size by Country
9.2.1 Middle East and Africa Spices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Spices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 McCormick
10.1.1 McCormick Company Information
10.1.2 McCormick Introduction and Business Overview
10.1.3 McCormick Spices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 McCormick Spices Products Offered
10.1.5 McCormick Recent Development
10.2 Unilever
10.2.1 Unilever Company Information
10.2.2 Unilever Introduction and Business Overview
10.2.3 Unilever Spices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Unilever Spices Products Offered
10.2.5 Unilever Recent Development
10.3 Ajinomoto
10.3.1 Ajinomoto Company Information
10.3.2 Ajinomoto Introduction and Business Overview
10.3.3 Ajinomoto Spices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ajinomoto Spices Products Offered
10.3.5 Ajinomoto Recent Development
10.4 Ariake
10.4.1 Ariake Company Information
10.4.2 Ariake Introduction and Business Overview
10.4.3 Ariake Spices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ariake Spices Products Offered
10.4.5 Ariake Recent Development
10.5 Kerry Group Plc. (Ireland)
10.5.1 Kerry Group Plc. (Ireland) Company Information
10.5.2 Kerry Group Plc. (Ireland) Introduction and Business Overview
10.5.3 Kerry Group Plc. (Ireland) Spices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kerry Group Plc. (Ireland) Spices Products Offered
10.5.5 Kerry Group Plc. (Ireland) Recent Development
10.6 Olam International
10.6.1 Olam International Company Information
10.6.2 Olam International Introduction and Business Overview
10.6.3 Olam International Spices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Olam International Spices Products Offered
10.6.5 Olam International Recent Development
10.7 Everest Spices
10.7.1 Everest Spices Company Information
10.7.2 Everest Spices Introduction and Business Overview
10.7.3 Everest Spices Spices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Everest Spices Spices Products Offered
10.7.5 Everest Spices Recent Development
10.8 Zhumadian Wang Shouyi
10.8.1 Zhumadian Wang Shouyi Company Information
10.8.2 Zhumadian Wang Shouyi Introduction and Business Overview
10.8.3 Zhumadian Wang Shouyi Spices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhumadian Wang Shouyi Spices Products Offered
10.8.5 Zhumadian Wang Shouyi Recent Development
10.9 MDH Spices
10.9.1 MDH Spices Company Information
10.9.2 MDH Spices Introduction and Business Overview
10.9.3 MDH Spices Spices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 MDH Spices Spices Products Offered
10.9.5 MDH Spices Recent Development
10.10 Catch (DS Group)
10.10.1 Catch (DS Group) Company Information
10.10.2 Catch (DS Group) Introduction and Business Overview
10.10.3 Catch (DS Group) Spices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Catch (DS Group) Spices Products Offered
10.10.5 Catch (DS Group) Recent Development
10.11 Nestle
10.11.1 Nestle Company Information
10.11.2 Nestle Introduction and Business Overview
10.11.3 Nestle Spices Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nestle Spices Products Offered
10.11.5 Nestle Recent Development
10.12 Brucefoods
10.12.1 Brucefoods Company Information
10.12.2 Brucefoods Introduction and Business Overview
10.12.3 Brucefoods Spices Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Brucefoods Spices Products Offered
10.12.5 Brucefoods Recent Development
10.13 Sensient Technologies (U.S.)
10.13.1 Sensient Technologies (U.S.) Company Information
10.13.2 Sensient Technologies (U.S.) Introduction and Business Overview
10.13.3 Sensient Technologies (U.S.) Spices Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Sensient Technologies (U.S.) Spices Products Offered
10.13.5 Sensient Technologies (U.S.) Recent Development
10.14 Ankee Food
10.14.1 Ankee Food Company Information
10.14.2 Ankee Food Introduction and Business Overview
10.14.3 Ankee Food Spices Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Ankee Food Spices Products Offered
10.14.5 Ankee Food Recent Development
10.15 Haitian
10.15.1 Haitian Company Information
10.15.2 Haitian Introduction and Business Overview
10.15.3 Haitian Spices Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Haitian Spices Products Offered
10.15.5 Haitian Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Spices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Spices Industrial Chain Analysis
11.4 Spices Market Dynamics
11.4.1 Spices Industry Trends
11.4.2 Spices Market Drivers
11.4.3 Spices Market Challenges
11.4.4 Spices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Spices Distributors
12.3 Spices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Food & Beverages Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
