Global Spices Market

Posted July 19, 2021 by gmeglobalmarket

Global Spices Market Size, Trends, and Analysis - Forecasts to 2026
Global Spices Market Size & Analysis - Forecast to 2026

The findings reviewed by GME stated that the Global Spices Market is projected to grow from USD 6.21 billion in 2021 to 14.51 USD billion in 2026 at a CAGR value of 6.5% during the forecast period. Rising demand for authentic cuisines globally and the rapidly growing trend of adoption of exotic flavors in foods and snacks is likely to prompt manufacturers to produce high-quality, appealing, and reliable products that can maintain consistent standards globally. These factors will help the global spices market to grow rapidly from 2021 to 2026.

Browse 159 Market Data Tables and 119 Figures spread through 189 Pages and in-depth TOC on "Spices Market - Forecast to 2026"

By Product (Pepper, Ginger, Cinnamon, Cumin, Turmeric, Cardamom, Coriander, Cloves, Others), By Form (Powder, Whole, Chopped/Crushed), By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• The rising awareness regarding exotic spices in regions like Europe, and North America will help the market grow from 2021 to 2026
• Pepper is the majorly used spice all across the world in various cuisines and cultures and hence peppers segment is estimated to be the largest market segment
• Powdered spices are most commonly used during food preparation and is estimated to be the fastest growing segment from 2021 to 2026
• The countries like India, China, Japan, Korea are the one of the largest exporters and traders in the global market making Asia Pacific the largest regional segment in the market
• ARIAKE JAPAN CO., LTD., Ajinomoto Co., Inc., Associated British Foods plc, Baria Pepper, DS Group, Everest Spices, Kerry Group, The Bart Ingredients Co. Ltd., Dohler Group, and McCormick & Company, Inc. are some prominent industry players.

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Product Outlook (Revenue, USD Billion, 2021-2026)
• Pepper
• Ginger
• Cinnamon
• Cumin
• Turmeric
• Cardamom
• Coriander
• Cloves
• Others

Form Outlook (Revenue, USD Billion, 2021-2026)
• Powder
• Whole
• Chopped/Crushed

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The US.
• Canada
• Mexico
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• Rest of MEA

Contact: Yash Jain
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Tags COVID-19 impact on Global Spices Market , Spices Market Research Report , Spices Market Opportunities , Spices Market Share , Spices Market Statistics , Spices
Last Updated July 19, 2021