Global Seasoning & Spices Market Size & Outlook, 2024-2030
Global seasoning & spices market, 2018-2030 (US$M)
Related Markets
Global seasoning & spices market highlights
- The global seasoning & spices market generated a revenue of USD 23,079.3 million in 2024 and is expected to reach USD 34,313.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.8% by 2030.
- In terms of segment, spices accounted for a revenue of USD 14,753.5 million in 2024.
- Salt & Salts Substitutes is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Italy is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 23,079.3 million |
| Market revenue in 2030 | USD 34,313.5 million |
| Growth rate | 6.8% (CAGR from 2025 to 2030) |
| Largest segment | Spices |
| Fastest growing segment | Salt & Salts Substitutes |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spices, Herbs, Salt & Salts Substitutes |
Other key industry trends
- In terms of revenue, the North America accounted for 2.6% of the global seasoning & spices market in 2024.
- By country, the India is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 129.4 million by 2030.
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Seasoning & Spices Market Scope
Seasoning & Spices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global seasoning & 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 seasoning & spices market will help companies and investors design strategic landscapes.
Spices was the largest segment with a revenue share of 63.93% in 2024. Horizon Databook has segmented the Global seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Seasoning & Spices Product Outlook (Revenue, USD Million, 2018-2030)
- Spices
- Pepper
- Ginger
- Cinnamon
- Cumin
- Turmeric
- Coriander
- Cardamom
- Cloves
- Others
- Herbs
- Garlic
- Oregano
- Mint
- Parsley
- Rosemary
- Fennel
- Others
- Salt & Salts Substitutes
- Spices
- Global Seasoning & Spices Brand Outlook (Revenue, USD Million, 2018-2030)
- National Brand
- Private Label Brand
- Global Seasoning & Spices End Use Outlook (Revenue, USD Million, 2018-2030)
- Retail
- Foodservice
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Target buyers of Global seasoning & spices market databook
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Our clientele includes a mix of seasoning & 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 seasoning & spices market , including forecasts for subscribers. This global databook contains high-level insights into Global seasoning & spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global seasoning & spices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Seasoning & spices market size, 2024 (US$M)
Global seasoning & spices market share, by product, 2024 & 2030 (%, US$M)
Seasoning & spices market: Opportunity assessment by country
Global seasoning & spices market, by region, 2024 (US$M)
Related regional statistics
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