調味料、香料的全球市場 - 各類型、用途、地區 - 成長，趨勢，及預測(2018年∼2023年)
Global Seasoning and Spices Market - Growth, Trends, and Forecast (2018-2023)
|出版商||Mordor Intelligence Pvt Ltd||商品編碼||389726|
|出版日期||內容資訊||英文 110 Pages
|調味料、香料的全球市場 - 各類型、用途、地區 - 成長，趨勢，及預測(2018年∼2023年) Global Seasoning and Spices Market - Growth, Trends, and Forecast (2018-2023)|
|出版日期: 2018年05月05日||內容資訊: 英文 110 Pages||
The global seasoning and spices market is expected to register a CAGR of 5.2%, during the period 2018-2023. Stringent government regulations pertaining to policies that restrict few imported spices are one of the restraints of the market. Despite the few setbacks the market is growing at a faster pace and consumers are becoming aware of the benefits of spices and seasonings. The opportunity is growing in the market, with the niche market for organic seasoning and spices.
The seasoning and spice market is influenced directly by the growth in the food industry. This particular market is considered to be a recession proof market as consumers prefer home cooked meals over outside food during unstable economic condition. Spices and seasonings are the integral part of the cuisine as they are accountable for the aroma and taste in the food. Due to globalization and high influence of westernization on the emerging countries, the market for seasoning is growing. The major reason for its growth is the usage of seasoning by consumers to augment their meals with better tastes. Another major factor fueling the growth of the seasoning and spices market is the increasing demand for foreign cuisines, such as Italian and French. Spices also provide huge therapeutic properties, which is getting highly acknowledged by the consumers. Some spices that grow in the Asian Countries, such as India are also known to treat fungal infections, fever, and common cold at a much faster rate than any other regular antibiotics.
The global seasoning and spices market is segmented according to the product type (pepper, herbs, salt, spices, cardamom, cloves, nutmeg, and cinnamon) and application (bakery & confectionery, soups, sauces, salads, meat, poultry, sea foods, and other). Salt & salt substitutes and pepper hold the biggest market share. The importance of salt and pepper can be weighed by their indispensable role in every kind of food.
APAC holds the major market share in the global seasoning and spices market in terms of volume. By value Europe holds the maximum number of shares followed by Asia-Pacific. In 2016, Europe followed by North America, accounted for the largest share of spices. The APAC region is emerging with many opportunities for applications, like confectionery, snacks, and ready to eat food/processed food.
October 2017 - Fuchs Group, the largest spice producer of Germany acquired UK herbs and spices company Bart Ingredients to expand its presence.
Major players - BARIA PEPPER, BART INGREDIENTS, CATCH, DOHLER GROUP, EVEREST SPICES, FUCHSNA, KERRY GROUP, KNORR COMPANY, MDH SPICES, OLAM INTERNATIONAL, SENSIENT TECHNOLOGIES, UNILEVER, WORLEE GROUP, among others.
Analyzing outlook of the market with the recent trends and Porters five forces analysis
Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
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