Spain Seasoning & Spices Market Size & Outlook, 2024-2030
Spain seasoning & spices market, 2018-2030 (US$M)
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Spain seasoning & spices market highlights
- The Spain seasoning & spices market generated a revenue of USD 63.8 million in 2024 and is expected to reach USD 111.4 million by 2030.
- The Spain market is expected to grow at a CAGR of 9.7% 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 63.8 million |
| Market revenue in 2030 | USD 111.4 million |
| Growth rate | 9.7% (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, Spain accounted for 0.3% 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 Europe, Germany seasoning & spices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe 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 |
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Spain 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 64.89% in 2024. Horizon Databook has segmented the Spain seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
Increased import of spices such as ginger, pepper, cinnamon, and cumin from China to Spain will bode well with the growth of the seasonings market in the country. According to an article published by the CBI Ministry of Foreign Affairs, Spain has established itself as Europe's prominent importer of spices and seasonings, including dried chilies, saffron, and cumin from developing countries.
In 2022, a staggering 93% of Spain's total imports, amounting to 82,000 tonnes, originated from developing nations. This trend has been marked by a substantial increase in imports from developing countries, averaging 3.8% growth per year.
Notably, this growth rate outperforms that of imports from within the European Union, which declined by an average of 0.6% annually. The increasing use of spices by food processing companies owing to their health benefits is expected to boost segment growth over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Spain seasoning & spices market , including forecasts for subscribers. This country databook contains high-level insights into Spain seasoning & spices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain seasoning & spices market size, by product, 2018-2030 (US$M)
Spain Seasoning & Spices Market Outlook Share, 2024 & 2030 (US$M)
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