With a Steady CAGR of Around 6.1%, the Global Spices and Seasonings Market to Reach USD49.5 Billion Mark by 2030

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The Global Spices and Seasonings Market size was valued at around USD 29.5 Billion in 2024 and is expected to reach USD 49.5 Billion by 2030. Along with this, the market is projected to grow at a CAGR of around 6.1% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. This flourishing growth is further attributed to the paradigm shift in consumer taste preferences, the mounting popularity of ethnic cuisines, and globalization, i.e., portraying the increasing penetration of indigenous spices & seasoning products worldwide. Additionally, the rapid rise in health consciousness among consumers has also boded well for the overall market expansion, as spices & seasonings are high in antioxidants and exhibit medicinal properties that aid in the treatment of a variety of ailments.

The rising impact of spice adulteration for maximizing profits discourages the demand for exotic herbs and spices. Spices and herbs can be swapped with other plants or artificial colors, and unlisted flavoring can be added. Therefore, restricting the growth of the spices and seasonings market globally. However, the rising working women population led to greater demand for convenience and ready-to-eat food products such as snacks, dips, and sauces, further propelling the demand for processed food, as well as influencing the growth of the spices and seasonings industry.

Furthermore, the rising consumption of healthy herbal teas to soothe nerves and enhance metabolism & digestion and the incorporation of spices like ginger & turmeric in nutraceutical & dietary supplements by manufacturers, coupled with the active participation of industry participants in manufacturing premium quality spice blends with enhanced aroma & flavor to cater to the growing demand for exotic dishes, are also projected to spur growth in the global market, further states the research report, “Global Spices and Seasonings Market Analysis, 2025.”

Spices and Seasonings Market Segmentation Analysis

Powdered Spices and Seasonings Serving a Large Group of Customers

Based on the form, the market is further bifurcated into, whole and powder. The powder segment holds the largest volume of the overall market size and in the forthcoming years, the powder segment is expected to uplift the industry growth as well. This is because, powdered spices & seasonings are being extremely utilized in several food service outlets worldwide to boost the flavor, taste, & color of prepared foods. As numerous consumers globally prefer hot & spicy meals, more and more restaurants, hotels, & cafes are including powdered spices & seasonings in their offerings. For instance, chili powder is in high demand, especially in countries that largely consume meat. These factors are augmenting the demand for powdered spices & seasonings and, in turn, fueling the overall market size & volume.

Asia-Pacific Emerges as a Hotspot for Spices and Seasoning Products

There is a high demand for spices and seasonings inside the Asia-Pacific region and it's far predicted that this region will significantly contribute to the revenue growth of the spices and seasonings industry during 2025-30. The presence of rising emerging economies; India, China, and Vietnam, witnessed the swiftly increasing meal processing industry. These nations are also known as some of the largest consumers and manufacturers of spices globally. Moreover, the converting tastes and preferences of human beings coupled with developing earnings & rising interest in traditional dishes, resulted in exponential growth of the spices and seasoning industry across the region.

Additionally, as more & more people are becoming aware of the medicinal benefits of spices as well as the consequences of chemicals & additives in food & beverages, organic spices are gaining immense popularity. Thus, to meet such changing tastes & preferences of the customers, regional manufacturers are introducing specific herbs that are free of pesticides & other harmful chemicals. Overall, all these factors are augmenting the size & volume of the Asia-Pacific Spices and Seasonings Industry and showing a glimpse of positive market prospects for the forecast period.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Moguntia Food Group, B&G Foods Inc., Olam International, McCormick & Company, Inc., Ajinomoto Co., Inc., Paras Spices Private Limited, Shamaonline, Dohler Group, Friedrich Ingredients, Spice Home, ARIAKE Japan Co. Ltd., Pacific Spice Company, Sensient Technologies, HS Group, VKL Seasonings Pvt. Ltd., Others (Zhumadian Wang Shouyi, etc.) are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2025-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?