Seasonings Market is anticipated to witness steady growth by 2028 - PowerPoint PPT Presentation

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Seasonings Market is anticipated to witness steady growth by 2028

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Seasonings Market size exceeded USD 6.5 billion in 2021 and is estimated to grow at over 5.5% CAGR between 2022 and 2028 due to increasing cuisine adaptations across the globe. The rising investments in production capacity expansion and R&D for innovative spice blends are expected to drive the global product demand. – PowerPoint PPT presentation

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Title: Seasonings Market is anticipated to witness steady growth by 2028


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Seasonings Market to Witness Robust Expansion by
2028
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About Seasonings Market
  • Seasonings Market size exceeded USD 6.5 billion
    in 2021 and is estimated to grow at over 5.5
    CAGR between 2022 and 2028 due to increasing
    cuisine adaptations across the globe. The rising
    investments in production capacity expansion and
    RD for innovative spice blends are expected to
    drive the global product demand.
  • Seasonings are rich in nutritional contents,
    which include essential minerals and vital
    antioxidants, among several others. It is widely
    used in numerous application sectors such as
    restaurants, fast food chains, QSRs and
    processed food products.

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  • Strong growth in tourism sector is anticipated to
    support the overall seasonings market share as
    tourists are often attracted to regional cuisines
    infused with special popular natural
    seasonings. Besides, rise in the consumption of
    processed foods beverages such as ready-to-eat
    meals, functional drinks, etc. will further boost
    industry size.

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Market Overview
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Key Players - Seasonings Market
  • McCormick Company Inc.
  • Olam International
  • Corbion
  • Nestle
  • Ajinomoto Co.
  • Associated British Foods Plc
  • MDH Spices
  • Symega Foods Ingredients Limited
  • Everest Spices
  • DS Group

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7
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