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Showing posts with the label Seasoning and Spices Industry

Seasoning And Spices Market Segmentation and Major key Players Analysis 2025

Changing taste preferences of consumers, along with rising disposable income, and presence of a large number of international as well as local players across the industry value chain are among the key trends escalating market growth. The Global Seasonings and Spices Market size is expected to reach USD 20.46 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. The demand for herbs and spices is estimated to rise at a healthy growth rate, whereas the demand for salt & salt substitutes is anticipated to remain nominal on account of declining consumption globally. Increasing demand for authentic cuisines on a global level is one of the primary factors bolstering the usage of spices & herbs in sauces & dressings. Changing consumer preferences related to flavor in foods & snacks is projected to prompt manufacturers to manufacture products that are appealing, high-quality, and reliable, there