Seasonings are considered to be food items or ingredients readily available in all households because of their importance in almost all food products. Seasoning is essential in cuisine because it adds aroma, flavor, and taste to foods. It’s mostly used in the processing of food items both at home and in restaurants. With the rising influence of western nations and globalization, the seasoning market has witnessed robust growth over the years.
The global seasoning market is on the rise due to the growing number of consumers using seasoning to enhance their meals’ taste and aroma. Another factor influencing the growth of the global seasoning market is consumers’ rising preference for homemade seasons. Due to this, there has been significant growth in the global seasoning market. Besides, growing consumers’ demand for convenience food and ready-to-eat meal due to their hectic lifestyle and inability to cook is a major force driving the global seasoning market forward over the forecast period. Increasing applications in various end-user sectors such as restaurants, cuisine, and the health benefits attributed to it are slated to facilitate the industry’s growth over the forecast period.
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Seasoning Market Growth Driven by Consumers’ Growing Demand for Healthy Food Products
Research has shown that the use of seasoning in the processing of food items is of significant importance due to the health benefits of the raw materials used in producing it. Turmeric is one of the raw materials used in the production of seasonings rich in antioxidants. It helps combat diseases such as cancer, inflammation, and Alzheimer, which have posed a threat to the human world over the years. The cumin seed is another starting material with antiseptic qualities capable of building the immune system. Cumin is also used in the cosmetics and pharmaceutical industries because of the properties it possesses.
Furthermore, seasonings can act as a substitute for salts in food processing. Since salt is an integral part of food used to enhance taste and flavor, seasonings can be used in place of it. Reports have shown that the overconsumption of salts often causes health diseases like hypertension. Hence, the need to switch to the use of seasoning in food processing among consumers is increasing drastically, which will influence the growth of the global market over the forecast period.
Seasoning Market Restraint
The rise in consumption of low-salt foods is a major factor expected to pose a threat to the growth of the global seasoning market over the forecast period. Consumers’ are warry of their health and need to consume food that has no adverse effect on their health. Hence, the growth of the seasoning market will be hampered if consumers have to switch or find an alternative.
Seasoning Market: Region-wise Analysis
The Asia Pacific is the fastest-growing region for the global seasoning market, with emerging economies like China and India acting as growth drivers. The raw material used for the production of seasonings and spices often grows well within the Asia Pacific due to the region’s favorable climatic conditions. For this reason, major players operating in the industry are moving to the region. Countries like the United States, the United Kingdom, Germany, and the United Arab Emirates have the highest demand for seasoning globally. The Asia Pacific is a major exporter of seasoning, and this has facilitated the growth of the global seasoning market over the years in the region.
Seasoning Market: Competitive Landscape
- MDH Spices
- Nestle S.A
- The Kraft Heinz Company
- McCormick & Company Inc.
- Everest Spices
- DS Group
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
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Global Seasoning Market Segment Analysis
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The global seasoning market can be segmented on the following basis: By Type
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