Brazil Seasoning & Spices Market Size & Outlook, 2024-2030
Brazil seasoning & spices market, 2018-2030 (US$M)
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Brazil seasoning & spices market highlights
- The Brazil seasoning & spices market generated a revenue of USD 35.7 million in 2024 and is expected to reach USD 54.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% from 2025 to 2030.
- In terms of segment, spices was the largest revenue generating product in 2024.
- Salt & Salts Substitutes is the most lucrative product segment registering the fastest growth during the forecast period.
Seasoning & spices market data book summary
| Market revenue in 2024 | USD 35.7 million |
| Market revenue in 2030 | USD 54.9 million |
| Growth rate | 7.4% (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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.2% of the global seasoning & spices market in 2024.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil seasoning & spices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 54.9 million by 2030.
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Seasoning & Spices Market Scope
Seasoning & Spices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 64.43% in 2024. Horizon Databook has segmented the Brazil seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
Favorable trade agreements and improved logistics have facilitated the export of spices and seasonings in Brazil. The growing restaurant industry, particularly in urban areas, has fueled demand for a wide range of spices and seasonings. Street food, which often relies on bold and distinctive flavors, continues to be a significant driver of spice consumption.
Brazil is a pivotal growth market for international seasonings and spices. Renowned seasoning manufacturers are forming partnerships with local spice producers to combine their expertise in quality ingredients and flavors, catering to consumer preferences.
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Target buyers of Brazil 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 country-level data and insights on the Brazil seasoning & spices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil seasoning & spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil seasoning & spices market size, by product, 2018-2030 (US$M)
Brazil Seasoning & Spices Market Outlook Share, 2024 & 2030 (US$M)
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