India Seasoning Market By Product Type (Salt, Pepper, Sugar and light flavoured sweeteners, Acids, Others) By Distribution Channel (Hypermarket/Supermarket, Convenience Store, Traditional stores, Online Channels), By Region, Company Forecast & Opportunities, FY2027

India seasoning market is expected to grow at a steady CAGR in the forecast period, FY2023-FY2027. The growing affordability of the consumers due to the rise in the disposable income of the consumers is the driving factor for the growth of the seasoning market in the next five years. The rapid urbanization of people in search of better job opportunities and improved living standards is aiding to raise the awareness of the consumers about the use of seasoning in the food items is expected to influence the growth of the seasoning market. The change in preference of the consumers to shift from purchasing loose packaging to packaged seasoning packaging is expected to create lucrative opportunities for the growth of the seasoning market. The rise in the population and the presence of a large pool of consumers consuming a different variety of food items and beverages requires the use of seasoning to enhance the flavors of the food items. The surge in the demand for authentic flavors and the innovative recipe ideas using a plethora of spices and seasonings are expected to influence the market growth. 

India seasoning market is segmented into product type, distribution channel, regional distribution, and company. Based on the distribution channel, the market can be divided into hypermarket/supermarket, convenience store, traditional stores, and online channels. The hypermarket/supermarket segment is expected to witness growth in the forecast period, FY2023-FY2027 owing to the increase in the preference of the consumers to visit these markets to buy a variety of goods at the same time. An increase in disposable income and the availability of attractive discounts and offers at these shopping centers are expected to contribute to the market growth.

The major players operating in the India seasoning market are Tata Chemicals Ltd, Nirma Limited, ITC Limited, Marico Limited, Saboo Sodium Chloro Ltd, DS Group, Everest Food Products Pvt. Ltd., Keya Foods International Private Limited, MDH Pvt. Ltd., Patanjali Ayurved Limited, Gajanand Foods Pvt. Ltd., and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: FY2017-FY2020

Base Year: FY2021

Estimated Year: FY2022

Forecast Period: FY2023–FY2027

Objective of the Study:

• To analyze the historical growth of the market size of India seasoning market from FY2017 to FY2020.
• To estimate and forecast the market size of India seasoning market from FY2021 to FY2027 and growth rate until FY2027.
• To classify and forecast India seasoning market based on product type, distribution channel, regional distribution, and company.
• To identify dominant region or segment in the India seasoning market
• To identify drivers and challenges for India seasoning market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India seasoning market.
• To identify and analyze the profile of leading players operating in India seasoning market.
• To identify key sustainable strategies adopted by market players in India seasoning market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of India seasoning market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Seasoning manufacturing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to seasoning market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India seasoning market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Seasoning Market, By Product Type:

• Salt
• Pepper
• Sugar and light flavoured sweeteners
• Acids
• Others
• India Seasoning Market, By Distribution Channel:
• Hypermarket/Supermarket
• Convenience Store
• Traditional stores
• Online Channels
• India Seasoning Market, By Region:
• North
• South
• East
• West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India seasoning market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).