Market revenue in 2024 | USD 29.6 million |
Market revenue in 2030 | USD 52.4 million |
Growth rate | 10% (CAGR from 2025 to 2030) |
Largest segment | Spices |
Fastest growing segment | Salt & Salts Substitutes |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Spices, Herbs, Salt & Salts Substitutes |
Key market players worldwide | Ajinomoto Co Inc, Sensient Technologies Corp, Associated British Foods PLC, Kerry Group PLC Class A, McCormick & Co Inc, DohlerGroup, DS Group, Everest Spices, Bart Ingredients |
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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 64.53% in 2024. Horizon Databook has segmented the Belgium seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for branded packaged foods and an increased interest in new flavors is bolstering market growth. Further, growing tourism and the increasing influence of international cuisines are augmenting demand for spices and seasonings.
Over the past few years, the preference for ethnic and exotic dishes has been growing among consumers. The wide application of herbs in various ethnic cuisines has increased their demand across the country. This trend can be attributed to an increasingly multicultural demographic and rising tourism.
Horizon Databook provides a detailed overview of country-level data and insights on the Belgium seasoning & spices market , including forecasts for subscribers. This country databook contains high-level insights into Belgium seasoning & spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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