Welcome!

News Feed Item

Global Seasonings and Spices Market is Expected to Reach USD 16.6 Billion Globally in 2019: Transparency Market Research

ALBANY, New York, March 21, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Seasonings and Spices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global seasonings and spices market was valued at USD 12,000.7 million in 2012 and is expected to grow at a CAGR of 4.8% from 2013 to 2019, to reach an estimated value of USD 16,628.6 million in 2019.

Seasonings and spices form an integral part of any cuisine as it is responsible for developing the taste and aroma associated with the cuisine. Seasonings and spices market is considered to be recession-proof markets since during uncertain economic conditions, consumers prefer in-house preparation and consumption rather than opting for the expensive choice of eating out or having ready-meals. However, when the economy is in good shape the situation is reverse. Increasing income levels resulting in increasing expenditure on food products, changing food habits of Asian consumers and changing demographics are the major growth drivers for the global seasonings and spices market. Further increasing demand for foreign cuisines, such as Italian and French and changing consumer food habits in Asian countries will drive the global seasoning and spices market in years to come. Increasing health awareness and changing consumer taste and preferences will also act as growth driver for global seasoning and spices market. Use of certain spices and herbs in medicinal fields has also resulted in increased demand for seasonings and spices.

Browse Global Seasonings  and  Spices  Market Report with Full TOC at http://www.transparencymarketresearch.com/seasoning-spices-market.html

Traditionally, seasonings and spices have been produced and consumed very extensively in the Asian countries, such as India. However, the changing demographics in the western countries has also given a boost to the seasoning and spices market. Uncertain economic conditions coupled with inefficient logistics act as major growth restraints for seasoning and spices producing country, such as India. Government policies in favor of domestic demand also hamper the growth in international seasoning and spices markets. Increasing demand from the organic segment offers great opportunity for the seasonings and spices market. The seasonings and spices market is segmented into five broad segments: Salt and salt substitutes, Pepper, Herbs, Spices and Others. Salt and salt substitutes and pepper dominates the market, constituting more than 50% of the global market share.

The global seasonings and spices market grew from USD 10.7 billion in 2010 to an estimated USD 12.5 billion in 2013. The market is further expected to reach USD 16.6 billion in 2019. Globally, Asia-Pacific and Europe were the largest market for seasonings and spices in 2012, in terms of volume and value respectively. These regions are expected to continue their dominance during the forecast period. Seasonings and spices market in Asia-Pacific increased from 409.4 million kg in 2008 to 511.1 million kg in 2012. The European seasonings and spices market is expected to grow to USD 5,723.3 million in 2019. Certain countries, such as the U.K., the U.S. and Spain, have low per capita consumption and low expected CAGR, which indicate that the seasonings and spices market is yet to pick up in these countries as the consumers have started building interest in spices only in the last few years. Countries such as India and China have high consumption (although low per capita consumption owing to their large population base) and high growth rate, which will serve as growth drivers for the global market as consumer in these countries are demanding traditional as well as new products.

Related  &  Recently  Published  Reports  by  Transparency  Market  Research

Seasonings and spices market is highly fragmented with McCormick as the global market leader. Other major players operating in the global seasonings and spices market are Everest Spices, Unilever and Nestle.

The Seasonings and Spices market is segmented as follows:

Seasonings  and  Spices  Market,  By  Product  Segment

  • Salt and Salt Substitutes
  • Pepper
  • Herbs
  • Spices
  • Others

Browse Global Seasonings  and  Spices  Market Report with Full TOC at http://www.transparencymarketresearch.com/seasoning-spices-market.html

Seasonings  and  Spices  Market,  By  Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

The seasonings and spices market for each major country include:

  • Market  Overview
    • Market Size, by segment, by value, by volume (Historic and Forecast)

  • Competitive  Landscape
    • Market share, by company and by distribution channel

Browse all Food  &  Beverages  Market  Research  Reports @ http://www.transparencymarketresearch.com/food-beverages-market-reports-4.html

About  Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://transparencymarketresearch.areavoices.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus o...
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...