Global Spices Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 118

Published Date: 18 Mar 2023

Category: Food & Beverages

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

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.

According to our (Global Info Research) latest study, the global Spices market size was valued at USD 7884.2 million in 2022 and is forecast to a readjusted size of USD 8769.1 million by 2029 with a CAGR of 1.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

This report is a detailed and comprehensive analysis for global Spices market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Spices market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Spices market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Spices market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Spices market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Spices
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Spices market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include McCormick, Unilever, Ajinomoto, Ariake and Kerry Group Plc. (Ireland), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Spices market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hot Spices
Aromatic Spices
Others

Market segment by Application
Catering Industry
Household
Others

Major players covered
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

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Spices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Spices, with price, sales, revenue and global market share of Spices from 2018 to 2023.
Chapter 3, the Spices competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Spices breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Spices market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Spices.
Chapter 14 and 15, to describe Spices sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Spices
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Spices Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Hot Spices
        1.3.3 Aromatic Spices
        1.3.4 Others
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Spices Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Catering Industry
        1.4.3 Household
        1.4.4 Others
    1.5 Global Spices Market Size & Forecast
        1.5.1 Global Spices Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Spices Sales Quantity (2018-2029)
        1.5.3 Global Spices Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 McCormick
        2.1.1 McCormick Details
        2.1.2 McCormick Major Business
        2.1.3 McCormick Spices Product and Services
        2.1.4 McCormick Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 McCormick Recent Developments/Updates
    2.2 Unilever
        2.2.1 Unilever Details
        2.2.2 Unilever Major Business
        2.2.3 Unilever Spices Product and Services
        2.2.4 Unilever Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 Unilever Recent Developments/Updates
    2.3 Ajinomoto
        2.3.1 Ajinomoto Details
        2.3.2 Ajinomoto Major Business
        2.3.3 Ajinomoto Spices Product and Services
        2.3.4 Ajinomoto Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Ajinomoto Recent Developments/Updates
    2.4 Ariake
        2.4.1 Ariake Details
        2.4.2 Ariake Major Business
        2.4.3 Ariake Spices Product and Services
        2.4.4 Ariake Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Ariake Recent Developments/Updates
    2.5 Kerry Group Plc. (Ireland)
        2.5.1 Kerry Group Plc. (Ireland) Details
        2.5.2 Kerry Group Plc. (Ireland) Major Business
        2.5.3 Kerry Group Plc. (Ireland) Spices Product and Services
        2.5.4 Kerry Group Plc. (Ireland) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Kerry Group Plc. (Ireland) Recent Developments/Updates
    2.6 Olam International
        2.6.1 Olam International Details
        2.6.2 Olam International Major Business
        2.6.3 Olam International Spices Product and Services
        2.6.4 Olam International Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Olam International Recent Developments/Updates
    2.7 Everest Spices
        2.7.1 Everest Spices Details
        2.7.2 Everest Spices Major Business
        2.7.3 Everest Spices Spices Product and Services
        2.7.4 Everest Spices Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Everest Spices Recent Developments/Updates
    2.8 Zhumadian Wang Shouyi
        2.8.1 Zhumadian Wang Shouyi Details
        2.8.2 Zhumadian Wang Shouyi Major Business
        2.8.3 Zhumadian Wang Shouyi Spices Product and Services
        2.8.4 Zhumadian Wang Shouyi Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Zhumadian Wang Shouyi Recent Developments/Updates
    2.9 MDH Spices
        2.9.1 MDH Spices Details
        2.9.2 MDH Spices Major Business
        2.9.3 MDH Spices Spices Product and Services
        2.9.4 MDH Spices Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 MDH Spices Recent Developments/Updates
    2.10 Catch (DS Group)
        2.10.1 Catch (DS Group) Details
        2.10.2 Catch (DS Group) Major Business
        2.10.3 Catch (DS Group) Spices Product and Services
        2.10.4 Catch (DS Group) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Catch (DS Group) Recent Developments/Updates
    2.11 Nestle
        2.11.1 Nestle Details
        2.11.2 Nestle Major Business
        2.11.3 Nestle Spices Product and Services
        2.11.4 Nestle Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Nestle Recent Developments/Updates
    2.12 Brucefoods
        2.12.1 Brucefoods Details
        2.12.2 Brucefoods Major Business
        2.12.3 Brucefoods Spices Product and Services
        2.12.4 Brucefoods Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Brucefoods Recent Developments/Updates
    2.13 Sensient Technologies (U.S.)
        2.13.1 Sensient Technologies (U.S.) Details
        2.13.2 Sensient Technologies (U.S.) Major Business
        2.13.3 Sensient Technologies (U.S.) Spices Product and Services
        2.13.4 Sensient Technologies (U.S.) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Sensient Technologies (U.S.) Recent Developments/Updates
    2.14 Ankee Food
        2.14.1 Ankee Food Details
        2.14.2 Ankee Food Major Business
        2.14.3 Ankee Food Spices Product and Services
        2.14.4 Ankee Food Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Ankee Food Recent Developments/Updates
    2.15 Haitian
        2.15.1 Haitian Details
        2.15.2 Haitian Major Business
        2.15.3 Haitian Spices Product and Services
        2.15.4 Haitian Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 Haitian Recent Developments/Updates

3 Competitive Environment: Spices by Manufacturer
    3.1 Global Spices Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Spices Revenue by Manufacturer (2018-2023)
    3.3 Global Spices Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Spices by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Spices Manufacturer Market Share in 2022
        3.4.2 Top 6 Spices Manufacturer Market Share in 2022
    3.5 Spices Market: Overall Company Footprint Analysis
        3.5.1 Spices Market: Region Footprint
        3.5.2 Spices Market: Company Product Type Footprint
        3.5.3 Spices Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Spices Market Size by Region
        4.1.1 Global Spices Sales Quantity by Region (2018-2029)
        4.1.2 Global Spices Consumption Value by Region (2018-2029)
        4.1.3 Global Spices Average Price by Region (2018-2029)
    4.2 North America Spices Consumption Value (2018-2029)
    4.3 Europe Spices Consumption Value (2018-2029)
    4.4 Asia-Pacific Spices Consumption Value (2018-2029)
    4.5 South America Spices Consumption Value (2018-2029)
    4.6 Middle East and Africa Spices Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Spices Sales Quantity by Type (2018-2029)
    5.2 Global Spices Consumption Value by Type (2018-2029)
    5.3 Global Spices Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Spices Sales Quantity by Application (2018-2029)
    6.2 Global Spices Consumption Value by Application (2018-2029)
    6.3 Global Spices Average Price by Application (2018-2029)

7 North America
    7.1 North America Spices Sales Quantity by Type (2018-2029)
    7.2 North America Spices Sales Quantity by Application (2018-2029)
    7.3 North America Spices Market Size by Country
        7.3.1 North America Spices Sales Quantity by Country (2018-2029)
        7.3.2 North America Spices Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Spices Sales Quantity by Type (2018-2029)
    8.2 Europe Spices Sales Quantity by Application (2018-2029)
    8.3 Europe Spices Market Size by Country
        8.3.1 Europe Spices Sales Quantity by Country (2018-2029)
        8.3.2 Europe Spices Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Spices Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Spices Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Spices Market Size by Region
        9.3.1 Asia-Pacific Spices Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Spices Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Spices Sales Quantity by Type (2018-2029)
    10.2 South America Spices Sales Quantity by Application (2018-2029)
    10.3 South America Spices Market Size by Country
        10.3.1 South America Spices Sales Quantity by Country (2018-2029)
        10.3.2 South America Spices Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Spices Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Spices Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Spices Market Size by Country
        11.3.1 Middle East & Africa Spices Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Spices Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Spices Market Drivers
    12.2 Spices Market Restraints
    12.3 Spices Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Spices and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Spices
    13.3 Spices Production Process
    13.4 Spices Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Spices Typical Distributors
    14.3 Spices Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Spices Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Spices Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. McCormick Basic Information, Manufacturing Base and Competitors
    Table 4. McCormick Major Business
    Table 5. McCormick Spices Product and Services
    Table 6. McCormick Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. McCormick Recent Developments/Updates
    Table 8. Unilever Basic Information, Manufacturing Base and Competitors
    Table 9. Unilever Major Business
    Table 10. Unilever Spices Product and Services
    Table 11. Unilever Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. Unilever Recent Developments/Updates
    Table 13. Ajinomoto Basic Information, Manufacturing Base and Competitors
    Table 14. Ajinomoto Major Business
    Table 15. Ajinomoto Spices Product and Services
    Table 16. Ajinomoto Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Ajinomoto Recent Developments/Updates
    Table 18. Ariake Basic Information, Manufacturing Base and Competitors
    Table 19. Ariake Major Business
    Table 20. Ariake Spices Product and Services
    Table 21. Ariake Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Ariake Recent Developments/Updates
    Table 23. Kerry Group Plc. (Ireland) Basic Information, Manufacturing Base and Competitors
    Table 24. Kerry Group Plc. (Ireland) Major Business
    Table 25. Kerry Group Plc. (Ireland) Spices Product and Services
    Table 26. Kerry Group Plc. (Ireland) Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Kerry Group Plc. (Ireland) Recent Developments/Updates
    Table 28. Olam International Basic Information, Manufacturing Base and Competitors
    Table 29. Olam International Major Business
    Table 30. Olam International Spices Product and Services
    Table 31. Olam International Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Olam International Recent Developments/Updates
    Table 33. Everest Spices Basic Information, Manufacturing Base and Competitors
    Table 34. Everest Spices Major Business
    Table 35. Everest Spices Spices Product and Services
    Table 36. Everest Spices Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Everest Spices Recent Developments/Updates
    Table 38. Zhumadian Wang Shouyi Basic Information, Manufacturing Base and Competitors
    Table 39. Zhumadian Wang Shouyi Major Business
    Table 40. Zhumadian Wang Shouyi Spices Product and Services
    Table 41. Zhumadian Wang Shouyi Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Zhumadian Wang Shouyi Recent Developments/Updates
    Table 43. MDH Spices Basic Information, Manufacturing Base and Competitors
    Table 44. MDH Spices Major Business
    Table 45. MDH Spices Spices Product and Services
    Table 46. MDH Spices Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. MDH Spices Recent Developments/Updates
    Table 48. Catch (DS Group) Basic Information, Manufacturing Base and Competitors
    Table 49. Catch (DS Group) Major Business
    Table 50. Catch (DS Group) Spices Product and Services
    Table 51. Catch (DS Group) Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Catch (DS Group) Recent Developments/Updates
    Table 53. Nestle Basic Information, Manufacturing Base and Competitors
    Table 54. Nestle Major Business
    Table 55. Nestle Spices Product and Services
    Table 56. Nestle Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. Nestle Recent Developments/Updates
    Table 58. Brucefoods Basic Information, Manufacturing Base and Competitors
    Table 59. Brucefoods Major Business
    Table 60. Brucefoods Spices Product and Services
    Table 61. Brucefoods Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. Brucefoods Recent Developments/Updates
    Table 63. Sensient Technologies (U.S.) Basic Information, Manufacturing Base and Competitors
    Table 64. Sensient Technologies (U.S.) Major Business
    Table 65. Sensient Technologies (U.S.) Spices Product and Services
    Table 66. Sensient Technologies (U.S.) Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Sensient Technologies (U.S.) Recent Developments/Updates
    Table 68. Ankee Food Basic Information, Manufacturing Base and Competitors
    Table 69. Ankee Food Major Business
    Table 70. Ankee Food Spices Product and Services
    Table 71. Ankee Food Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. Ankee Food Recent Developments/Updates
    Table 73. Haitian Basic Information, Manufacturing Base and Competitors
    Table 74. Haitian Major Business
    Table 75. Haitian Spices Product and Services
    Table 76. Haitian Spices Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Haitian Recent Developments/Updates
    Table 78. Global Spices Sales Quantity by Manufacturer (2018-2023) & (K MT)
    Table 79. Global Spices Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 80. Global Spices Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 81. Market Position of Manufacturers in Spices, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 82. Head Office and Spices Production Site of Key Manufacturer
    Table 83. Spices Market: Company Product Type Footprint
    Table 84. Spices Market: Company Product Application Footprint
    Table 85. Spices New Market Entrants and Barriers to Market Entry
    Table 86. Spices Mergers, Acquisition, Agreements, and Collaborations
    Table 87. Global Spices Sales Quantity by Region (2018-2023) & (K MT)
    Table 88. Global Spices Sales Quantity by Region (2024-2029) & (K MT)
    Table 89. Global Spices Consumption Value by Region (2018-2023) & (USD Million)
    Table 90. Global Spices Consumption Value by Region (2024-2029) & (USD Million)
    Table 91. Global Spices Average Price by Region (2018-2023) & (USD/MT)
    Table 92. Global Spices Average Price by Region (2024-2029) & (USD/MT)
    Table 93. Global Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 94. Global Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 95. Global Spices Consumption Value by Type (2018-2023) & (USD Million)
    Table 96. Global Spices Consumption Value by Type (2024-2029) & (USD Million)
    Table 97. Global Spices Average Price by Type (2018-2023) & (USD/MT)
    Table 98. Global Spices Average Price by Type (2024-2029) & (USD/MT)
    Table 99. Global Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 100. Global Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 101. Global Spices Consumption Value by Application (2018-2023) & (USD Million)
    Table 102. Global Spices Consumption Value by Application (2024-2029) & (USD Million)
    Table 103. Global Spices Average Price by Application (2018-2023) & (USD/MT)
    Table 104. Global Spices Average Price by Application (2024-2029) & (USD/MT)
    Table 105. North America Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 106. North America Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 107. North America Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 108. North America Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 109. North America Spices Sales Quantity by Country (2018-2023) & (K MT)
    Table 110. North America Spices Sales Quantity by Country (2024-2029) & (K MT)
    Table 111. North America Spices Consumption Value by Country (2018-2023) & (USD Million)
    Table 112. North America Spices Consumption Value by Country (2024-2029) & (USD Million)
    Table 113. Europe Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 114. Europe Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 115. Europe Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 116. Europe Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 117. Europe Spices Sales Quantity by Country (2018-2023) & (K MT)
    Table 118. Europe Spices Sales Quantity by Country (2024-2029) & (K MT)
    Table 119. Europe Spices Consumption Value by Country (2018-2023) & (USD Million)
    Table 120. Europe Spices Consumption Value by Country (2024-2029) & (USD Million)
    Table 121. Asia-Pacific Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 122. Asia-Pacific Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 123. Asia-Pacific Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 124. Asia-Pacific Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 125. Asia-Pacific Spices Sales Quantity by Region (2018-2023) & (K MT)
    Table 126. Asia-Pacific Spices Sales Quantity by Region (2024-2029) & (K MT)
    Table 127. Asia-Pacific Spices Consumption Value by Region (2018-2023) & (USD Million)
    Table 128. Asia-Pacific Spices Consumption Value by Region (2024-2029) & (USD Million)
    Table 129. South America Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 130. South America Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 131. South America Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 132. South America Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 133. South America Spices Sales Quantity by Country (2018-2023) & (K MT)
    Table 134. South America Spices Sales Quantity by Country (2024-2029) & (K MT)
    Table 135. South America Spices Consumption Value by Country (2018-2023) & (USD Million)
    Table 136. South America Spices Consumption Value by Country (2024-2029) & (USD Million)
    Table 137. Middle East & Africa Spices Sales Quantity by Type (2018-2023) & (K MT)
    Table 138. Middle East & Africa Spices Sales Quantity by Type (2024-2029) & (K MT)
    Table 139. Middle East & Africa Spices Sales Quantity by Application (2018-2023) & (K MT)
    Table 140. Middle East & Africa Spices Sales Quantity by Application (2024-2029) & (K MT)
    Table 141. Middle East & Africa Spices Sales Quantity by Region (2018-2023) & (K MT)
    Table 142. Middle East & Africa Spices Sales Quantity by Region (2024-2029) & (K MT)
    Table 143. Middle East & Africa Spices Consumption Value by Region (2018-2023) & (USD Million)
    Table 144. Middle East & Africa Spices Consumption Value by Region (2024-2029) & (USD Million)
    Table 145. Spices Raw Material
    Table 146. Key Manufacturers of Spices Raw Materials
    Table 147. Spices Typical Distributors
    Table 148. Spices Typical Customers
List of Figures
    Figure 1. Spices Picture
    Figure 2. Global Spices Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Spices Consumption Value Market Share by Type in 2022
    Figure 4. Hot Spices Examples
    Figure 5. Aromatic Spices Examples
    Figure 6. Others Examples
    Figure 7. Global Spices Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 8. Global Spices Consumption Value Market Share by Application in 2022
    Figure 9. Catering Industry Examples
    Figure 10. Household Examples
    Figure 11. Others Examples
    Figure 12. Global Spices Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 13. Global Spices Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 14. Global Spices Sales Quantity (2018-2029) & (K MT)
    Figure 15. Global Spices Average Price (2018-2029) & (USD/MT)
    Figure 16. Global Spices Sales Quantity Market Share by Manufacturer in 2022
    Figure 17. Global Spices Consumption Value Market Share by Manufacturer in 2022
    Figure 18. Producer Shipments of Spices by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 19. Top 3 Spices Manufacturer (Consumption Value) Market Share in 2022
    Figure 20. Top 6 Spices Manufacturer (Consumption Value) Market Share in 2022
    Figure 21. Global Spices Sales Quantity Market Share by Region (2018-2029)
    Figure 22. Global Spices Consumption Value Market Share by Region (2018-2029)
    Figure 23. North America Spices Consumption Value (2018-2029) & (USD Million)
    Figure 24. Europe Spices Consumption Value (2018-2029) & (USD Million)
    Figure 25. Asia-Pacific Spices Consumption Value (2018-2029) & (USD Million)
    Figure 26. South America Spices Consumption Value (2018-2029) & (USD Million)
    Figure 27. Middle East & Africa Spices Consumption Value (2018-2029) & (USD Million)
    Figure 28. Global Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 29. Global Spices Consumption Value Market Share by Type (2018-2029)
    Figure 30. Global Spices Average Price by Type (2018-2029) & (USD/MT)
    Figure 31. Global Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 32. Global Spices Consumption Value Market Share by Application (2018-2029)
    Figure 33. Global Spices Average Price by Application (2018-2029) & (USD/MT)
    Figure 34. North America Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 35. North America Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 36. North America Spices Sales Quantity Market Share by Country (2018-2029)
    Figure 37. North America Spices Consumption Value Market Share by Country (2018-2029)
    Figure 38. United States Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 39. Canada Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 40. Mexico Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 41. Europe Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 42. Europe Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 43. Europe Spices Sales Quantity Market Share by Country (2018-2029)
    Figure 44. Europe Spices Consumption Value Market Share by Country (2018-2029)
    Figure 45. Germany Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 46. France Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 47. United Kingdom Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. Russia Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. Italy Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. Asia-Pacific Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 51. Asia-Pacific Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 52. Asia-Pacific Spices Sales Quantity Market Share by Region (2018-2029)
    Figure 53. Asia-Pacific Spices Consumption Value Market Share by Region (2018-2029)
    Figure 54. China Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 55. Japan Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 56. Korea Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. India Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. Southeast Asia Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. Australia Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. South America Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 61. South America Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 62. South America Spices Sales Quantity Market Share by Country (2018-2029)
    Figure 63. South America Spices Consumption Value Market Share by Country (2018-2029)
    Figure 64. Brazil Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 65. Argentina Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 66. Middle East & Africa Spices Sales Quantity Market Share by Type (2018-2029)
    Figure 67. Middle East & Africa Spices Sales Quantity Market Share by Application (2018-2029)
    Figure 68. Middle East & Africa Spices Sales Quantity Market Share by Region (2018-2029)
    Figure 69. Middle East & Africa Spices Consumption Value Market Share by Region (2018-2029)
    Figure 70. Turkey Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 71. Egypt Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 72. Saudi Arabia Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 73. South Africa Spices Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 74. Spices Market Drivers
    Figure 75. Spices Market Restraints
    Figure 76. Spices Market Trends
    Figure 77. Porters Five Forces Analysis
    Figure 78. Manufacturing Cost Structure Analysis of Spices in 2022
    Figure 79. Manufacturing Process Analysis of Spices
    Figure 80. Spices Industrial Chain
    Figure 81. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 82. Direct Channel Pros & Cons
    Figure 83. Indirect Channel Pros & Cons
    Figure 84. Methodology
    Figure 85. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Spices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Spices Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Food & Beverages

According to our (Global Info Research) latest study, the global Spices market size was valued at USD 7884.2 million in 2023 and is forecast to a readjusted size of USD 8769.1 million by 2030 with a CAGR of 1.5% during review period.

Global Spices Supply, Demand and Key Producers, 2024-2030

Global Spices Supply, Demand and Key Producers, 2024-2030

date 10 Feb 2024

date Food & Beverages

The global Spices market size is expected to reach $ 8769.1 million by 2030, rising at a market growth of 1.5% CAGR during the forecast period (2024-2030).

Product Tags

Spices

Spices and Seasonings

Anti-caking Agent for Foods and Spices

Food Seasoning and Spices

Spices and Stimulants

Seasonings and Spices

Organic Spices and Herbs

Culinary Herbs and Spices

Organic Spices

Mulling Spices

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