Canada Blended Spices Market Size & Outlook, 2021-2030

The blended spices market in Canada is expected to reach a projected revenue of US$ 992.6 million by 2030. A compound annual growth rate of 5.7% is expected of Canada blended spices market from 2022 to 2030.

Revenue, 2021 (US$M)
$604.8
Forecast, 2030 (US$M)
$992.6
CAGR, 2022 - 2030
5.7%
Report Coverage
Canada

Canada blended spices market highlights

  • The Canada blended spices market generated a revenue of USD 604.8 million in 2021 and is expected to reach USD 992.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 5.7% from 2022 to 2030.
  • In terms of segment, garam masala was the largest revenue generating type in 2021.
  • Garam Masala is the most lucrative type segment registering the fastest growth during the forecast period.


Blended spices market data book summary

Market revenue in 2021USD 604.8 million
Market revenue in 2030USD 992.6 million
Growth rate5.7% (CAGR from 2021 to 2030)
Largest segmentGaram masala
Fastest growing segmentGaram Masala
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGaram Masala, Berbere, 5 Chinese Spices, Shichimi Togarashi
Key market players worldwideMcCormick & Co Inc, Everest Spices, Tony Chachere's, Industrias Tajin, Badia Spices, MDH Spices, Shan Foods, MTR Foods


Other key industry trends

  • In terms of revenue, Canada accounted for 3.0% of the global blended spices market in 2021.
  • Country-wise, India is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. blended spices market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 1,341.5 million by 2030.

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Blended Spices Market Companies

Name Profile # Employees HQ Website

Canada 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 34.23% in 2021. Horizon Databook has segmented the Canada 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.


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Target buyers of Canada blended spices market databook

  • Our clientele includes a mix of blended spices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada blended spices market , including forecasts for subscribers. This country databook contains high-level insights into Canada blended spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada blended spices market size, by type, 2018-2030 (US$M)

Canada Blended Spices Market Outlook Share, 2021 & 2030 (US$M)

Canada blended spices market size, by type, 2018-2030 (US$M)

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