Spices and Seasoning Market Size, Growth, Trends, Report 2027
Global Spices and Seasonings Market is projected to grow at rapid pace and register an impressive CAGR during the forecast period 2023-2027. The market growth can be attributed to the flourishing food and beverage industry, growing demand for different cuisines, and expanding HORECA sector. Furthermore, the accelerating demand for natural and healthier spices and seasoning is also augmenting the market growth. Consumers are becoming more conscious and curious for the origin and manufacturing process od the spices and seasonings. In addition to this, rising vegetarianism and veganism is providing a positive outlook to the market growth. May spices that were previously used in meat processing industries only are now being utilized in the vegetarian alternatives. The has resulted in the increased demand for spices. Furthermore, several companies are focussing on new product launches, particularly for vegetarian and vegan population. Apart from this, increasing willingness of the consu...