Spices Market Grow with a CAGR of 6.29% through 2030
The Global Spices Market is
growing due to rising health consciousness, growing demand for ethnic cuisines,
expanding processed food industry, and increased adoption of organic and
clean-label spices.
According to
TechSci Research report, “Spices Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the global Spices
Market stood at USD 25.01
Billion in 2024 and is expected to grow USD 36.06
Billion by 2030 with a CAGR of 6.29% during the forecast period. The
global spices market has evolved significantly over the past decade, emerging
as a vital component of both the culinary and wellness industries. Spices have
been an integral part of human civilization for centuries, valued for their
ability to enhance flavor, preserve food, and provide medicinal benefits.
Today, their relevance continues to grow, driven by expanding global palates,
increasing health awareness, and the resurgence of traditional and ethnic
cuisines. Consumers around the world are becoming more adventurous with their
food choices, exploring flavors from Asia, Latin America, Africa, and the
Middle East—regions where spice use is deeply rooted in culinary traditions.
This growing interest in multicultural cuisine is playing a central role in
propelling the global demand for spices.
Health
and wellness trends are also contributing substantially to the market’s growth.
Spices such as turmeric, ginger, cinnamon, and garlic are widely recognized for
their therapeutic properties, including anti-inflammatory, antioxidant, and
immunity-boosting effects. The COVID-19 pandemic further amplified the focus on
natural health solutions, leading to a surge in consumption of such spices in
various forms—from raw powders to supplements and functional beverages. With
the global shift toward clean-label and natural ingredients, consumers are
increasingly turning away from synthetic additives and embracing spices as both
flavoring agents and health enhancers.
Ready-to-use
spice blends, pre-portioned sachets, and pastes are gaining popularity among
urban consumers seeking convenience without compromising on authenticity or
quality. These value-added offerings cater to busy lifestyles while helping
consumers easily recreate traditional dishes or explore new cuisines at home.
The foodservice sector, too, is capitalizing on this trend, with restaurants,
cloud kitchens, and meal kit providers increasingly sourcing custom spice
blends to offer unique taste experiences. Advancements in technology, such as
cryogenic grinding and steam sterilization, have improved product quality,
enhanced shelf life, and ensured better hygiene—all of which are critical
factors influencing consumer trust in packaged spice products.
Browse
over xx market data figures spread through xx Pages and an in-depth TOC on
"Global Spices Market”
The global Spices
Market is segmented into product type, form, and region.
Based on form, chopped/crushed
spices are the fastest-growing segment among powder, whole, and chopped/crushed
forms in the global spices market. This growth is fueled by rising consumer
demand for convenience and texture-rich seasoning options in home cooking and
foodservice. Chopped or crushed spices, such as crushed red pepper, minced
garlic, and chopped herbs, offer a fresh, aromatic profile and visible flavor
presence in dishes, making them popular in ready-to-eat meals, sauces,
marinades, and snacks. They strike a balance between the intense flavor of
powders and the long shelf life of whole spices. The expansion of the processed
food industry and the increasing popularity of ethnic and gourmet cuisines have
further accelerated the adoption of crushed and chopped spice formats globally.
Based
on region, Europe is the fastest-growing region in the global spices market
compared to North America. This growth is driven by the rising popularity of
ethnic cuisines, increasing demand for organic and clean-label spices, and
growing consumer interest in functional foods that use spices like turmeric,
ginger, and cinnamon for their health benefits. European consumers are becoming
more adventurous with global flavors and are actively seeking high-quality,
sustainably sourced spices. Additionally, stringent EU regulations on food
safety and traceability are encouraging the adoption of premium, certified spice
products, further boosting market value. Countries like Germany, the UK,
France, and the Netherlands are leading this growth, supported by strong retail
distribution and increasing e-commerce penetration.
Major companies
operating in the global Spices Market are:
- Ajinomoto
Co., Inc.
- Associated
British Foods plc
- Ariake
Japan Co., Ltd.
- Baria
Pepper
- Kerry
Group
- The
Bart Ingredients Co. Ltd.
- DS
Group
- Everest
Spices
- Dohler
Group
- McCormick
& Company, Inc.
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“The global spices market is driven by
rising health consciousness, increasing demand for ethnic and traditional
cuisines, and the growing use of spices in processed and convenience foods.
Consumers are seeking natural, clean-label ingredients with functional health
benefits. Trends such as the surge in organic spice consumption, demand for
ready-to-use spice blends, and sustainable sourcing practices are reshaping the
market. Technological advancements in processing and extraction are improving
quality and shelf life. Additionally, e-commerce and direct-to-consumer
channels are expanding access to diverse and premium spice products globally.,”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Spices Market – Global
Industry Size, Share, Trends, Opportunity and Forecast, By Product Type
(Pepper, Ginger, Cinnamon, Cumin, Turmeric, Cardamom, Coriander, Cloves,
Others), By Form (Powder, Whole, Chopped/Crushed), By Region & Competition,
2020-2030F”, has evaluated the future growth potential of global
Spices Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Spices Market.
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