Global Blended Spices Market Size & Outlook, 2021-2030
Global blended spices market, 2018-2030 (US$M)
Related Markets
Global blended spices market highlights
- The global blended spices market generated a revenue of USD 20,231.8 million in 2021 and is expected to reach USD 32,583.9 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.4% by 2030.
- In terms of segment, garam masala accounted for a revenue of USD 7,117.5 million in 2021.
- Garam Masala is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 20,231.8 million |
| Market revenue in 2030 | USD 32,583.9 million |
| Growth rate | 5.4% (CAGR from 2021 to 2030) |
| Largest segment | Garam masala |
| Fastest growing segment | Garam Masala |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Garam Masala, Berbere, 5 Chinese Spices, Shichimi Togarashi |
Other key industry trends
- In terms of revenue, the North America accounted for 13.6% of the global blended spices market in 2021.
- By country, the India is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 438.3 million by 2030.
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Blended Spices Market Scope
Blended Spices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global blended spices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to blended spices market will help companies and investors design strategic landscapes.
Garam masala was the largest segment with a revenue share of 35.18% in 2021. Horizon Databook has segmented the Global blended spices market based on garam masala, berbere, 5 chinese spices, shichimi togarashi covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Blended Spices Type Outlook (Revenue, USD Million, 2018-2030)
- Garam Masala
- Berbere
- 5 Chinese Spices
- Shichimi Togarashi
- Others
- Global Blended Spices Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- B2B
- B2C
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Target buyers of Global blended spices market databook
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Our clientele includes a mix of blended spices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global blended spices market , including forecasts for subscribers. This global databook contains high-level insights into Global blended spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global blended spices market size, by region, 2018-2030 (US$M)
Top 10 countries: Blended spices market size, 2021 (US$M)
Global blended spices market share, by type, 2021 & 2030 (%, US$M)
Blended spices market: Opportunity assessment by country
Global blended spices market, by region, 2021 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,351.7 | 2,470.3 | 2,600.2 | 2,742.3 | 2,897.2 | 3,066.7 | 3,252.3 | 3,456.2 | 3,680.5 | 3,927.9 | 4,201.6 | 4,504.9 | 4,842.0 | 6.5% |
| Europe | 3,058.1 | 3,199.5 | 3,353.7 | 3,522.1 | 3,705.6 | 3,905.9 | 4,125.1 | 4,365.3 | 4,629.2 | 4,919.8 | 5,240.5 | 5,595.4 | 5,988.9 | 6.1% |
| Asia Pacific | 10,467.4 | 10,859.8 | 11,284.5 | 11,748.4 | 12,253.4 | 12,803.9 | 13,405.0 | 14,062.8 | 14,783.8 | 15,575.7 | 16,447.3 | 17,408.8 | 18,471.8 | 5.2% |
| Latin America | 904.9 | 933.8 | 964.5 | 997.5 | 1,032.8 | 1,070.7 | 1,111.3 | 1,154.9 | 1,201.9 | 1,252.6 | 1,307.2 | 1,366.4 | 1,430.4 | 4.1% |
| MEA | 1,101.7 | 1,138.4 | 1,178.1 | 1,221.5 | 1,268.8 | 1,320.3 | 1,376.7 | 1,438.3 | 1,505.8 | 1,580.0 | 1,661.5 | 1,751.5 | 1,850.8 | 4.7% |
| Overall | 17,883.8 | 18,601.9 | 19,381.0 | 20,231.8 | 21,157.8 | 22,167.4 | 23,270.3 | 24,477.4 | 25,801.1 | 27,255.9 | 28,858.2 | 30,626.9 | 32,583.9 | 5.4% |
Related regional statistics
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