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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.
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.
According to this study, over the next five years the Spices market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Spices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Spices market by product type, application, key manufacturers and key regions and countries.
This study considers the Spices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hot Spices
Aromatic Spices
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Catering Industry
Household
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Spices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Spices market by identifying its various subsegments.
Focuses on the key global Spices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Spices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Spices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Spices Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Spices Consumption 2014-2024
2.1.2 Spices Consumption CAGR by Region
2.2 Spices Segment by Type
2.2.1 Hot Spices
2.2.2 Aromatic Spices
2.2.3 Others
2.3 Spices Consumption by Type
2.3.1 Global Spices Consumption Market Share by Type (2014-2019)
2.3.2 Global Spices Revenue and Market Share by Type (2014-2019)
2.3.3 Global Spices Sale Price by Type (2014-2019)
2.4 Spices Segment by Application
2.4.1 Catering Industry
2.4.2 Household
2.4.3 Others
2.5 Spices Consumption by Application
2.5.1 Global Spices Consumption Market Share by Application (2014-2019)
2.5.2 Global Spices Value and Market Share by Application (2014-2019)
2.5.3 Global Spices Sale Price by Application (2014-2019)
3 Global Spices by Players
3.1 Global Spices Sales Market Share by Players
3.1.1 Global Spices Sales by Players (2017-2019)
3.1.2 Global Spices Sales Market Share by Players (2017-2019)
3.2 Global Spices Revenue Market Share by Players
3.2.1 Global Spices Revenue by Players (2017-2019)
3.2.2 Global Spices Revenue Market Share by Players (2017-2019)
3.3 Global Spices Sale Price by Players
3.4 Global Spices Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Spices Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Spices Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Spices by Regions
4.1 Spices by Regions
4.1.1 Global Spices Consumption by Regions
4.1.2 Global Spices Value by Regions
4.2 Americas Spices Consumption Growth
4.3 APAC Spices Consumption Growth
4.4 Europe Spices Consumption Growth
4.5 Middle East & Africa Spices Consumption Growth
5 Americas
5.1 Americas Spices Consumption by Countries
5.1.1 Americas Spices Consumption by Countries (2014-2019)
5.1.2 Americas Spices Value by Countries (2014-2019)
5.2 Americas Spices Consumption by Type
5.3 Americas Spices Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Spices Consumption by Countries
6.1.1 APAC Spices Consumption by Countries (2014-2019)
6.1.2 APAC Spices Value by Countries (2014-2019)
6.2 APAC Spices Consumption by Type
6.3 APAC Spices Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Spices by Countries
7.1.1 Europe Spices Consumption by Countries (2014-2019)
7.1.2 Europe Spices Value by Countries (2014-2019)
7.2 Europe Spices Consumption by Type
7.3 Europe Spices Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Spices by Countries
8.1.1 Middle East & Africa Spices Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Spices Value by Countries (2014-2019)
8.2 Middle East & Africa Spices Consumption by Type
8.3 Middle East & Africa Spices Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Spices Distributors
10.3 Spices Customer
11 Global Spices Market Forecast
11.1 Global Spices Consumption Forecast (2019-2024)
11.2 Global Spices Forecast by Regions
11.2.1 Global Spices Forecast by Regions (2019-2024)
11.2.2 Global Spices Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Spices Forecast by Type
11.8 Global Spices Forecast by Application
12 Key Players Analysis
12.1 McCormick
12.1.1 Company Details
12.1.2 Spices Product Offered
12.1.3 McCormick Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 McCormick News
12.2 Unilever
12.2.1 Company Details
12.2.2 Spices Product Offered
12.2.3 Unilever Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Unilever News
12.3 Ajinomoto
12.3.1 Company Details
12.3.2 Spices Product Offered
12.3.3 Ajinomoto Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Ajinomoto News
12.4 Ariake
12.4.1 Company Details
12.4.2 Spices Product Offered
12.4.3 Ariake Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Ariake News
12.5 Kerry Group Plc. (Ireland)
12.5.1 Company Details
12.5.2 Spices Product Offered
12.5.3 Kerry Group Plc. (Ireland) Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Kerry Group Plc. (Ireland) News
12.6 Olam International
12.6.1 Company Details
12.6.2 Spices Product Offered
12.6.3 Olam International Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Olam International News
12.7 Everest Spices
12.7.1 Company Details
12.7.2 Spices Product Offered
12.7.3 Everest Spices Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Everest Spices News
12.8 Zhumadian Wang Shouyi
12.8.1 Company Details
12.8.2 Spices Product Offered
12.8.3 Zhumadian Wang Shouyi Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Zhumadian Wang Shouyi News
12.9 MDH Spices
12.9.1 Company Details
12.9.2 Spices Product Offered
12.9.3 MDH Spices Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 MDH Spices News
12.10 Catch(DS Group)
12.10.1 Company Details
12.10.2 Spices Product Offered
12.10.3 Catch(DS Group) Spices Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Catch(DS Group) News
12.11 Nestle
12.12 Brucefoods
12.13 Sensient Technologies (U.S.)
12.14 Ankee Food
12.15 Haitian
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Spices
Table Product Specifications of Spices
Figure Spices Report Years Considered
Figure Market Research Methodology
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