Dallas, Texas (PRWEB) October 13, 2014
One major trend in the market is the growing popularity of ready-to-use spice mixes. Spice mixes are increasingly becoming popular among consumers as they save time and effort and provide consistency in terms of taste. New varieties of aromatic tablets and blended spices developed for specific and exotic cuisines are being made available to the consumers.
Analysts forecast the Global Spices and Seasonings market on the basis of revenue and volume to grow at a CAGR of 4.93 percent and 3.64 percent, respectively, over the period 2013-2018. According to the report, the major driver of market growth is the increased importance of spices and seasonings. Spices and seasonings give flavor, aroma, and color to food, attracting consumers to use them in food preparation. With increased demand for ethnic foods, the interest in different spices is also increasing. Rather than using artificial additives, consumers are seeking to use naturally originating spices in food preparation. Various spices and herbs are also gaining importance because of their health benefits.
Seasoning is the process of adding salt, pepper, spices, and herbs during food preparation. Spices are dried fruits, seeds, bark, or roots used to give flavor, aroma, as well as color to food. Herbs are dried leaves of plants or the green parts of plants used for flavoring, medicine, and perfumes. Most of the spices and herbs carry varied medicinal properties and have been in use since ancient times to heal wounds and health problems.
This report covers the present scenario and the growth prospects of the Global Spices and Seasonings market for the period 2013-2018. To calculate the market size, the report considers the total sales of spices and seasonings.
The Global Spices and Seasonings Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global Spices and Seasonings market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Order a copy of this report at (Prices start at US $2500 for a single user PDF) http://www.reportsnreports.com/purchase.aspx?name=300166.
The report recognizes the following companies as the key players in the Global Spices and Seasonings Market: Ajinomoto Co., Inc., Kraft Foods Group Inc., McCormick & Co., Inc. and Nestlé SA.
Other Prominent Vendors in the market are: Ariake Japan, B&G Foods, Baria Pepper, Bart Spices, British Pepper & Spice, CaJohns Fiery Foods, Char Crust, DS Group, Frontier Natural Products, Golden West Specialty Foods, Goya Foods, Griffith Laboratories Worldwide, Italpepe, Mehran Spice & Food, Newly Weds Foods, Old World Spices & Seasonings, The Nutmeg Spice, Tone Brothers, Vanns Spices, Victoria Gourmet, Williams Foods, Xcell International.
- Increased Importance of Spices and Seasonings
- For a full, detailed list, view our report
- Growing Popularity of Ready-to-use Spice Mixes
- For a full, detailed list, view our report
Further, the report states that one key challenge in the market is the highly fragmented nature of the market because of the presence of several local and international vendors. Especially in Asian countries, the market for spices is still largely unorganized, making it difficult for large vendors to capture the market. It is also difficult to identify the differentiating factors between the product offerings of various vendors as product differentiation is rarely possible. This has resulted in intense competition and volatility in prices in the market.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Types of Spices and Seasonings
Exhibit 3: Overview of Global Spices and Seasonings Market
Exhibit 4: Global Spices and Seasonings Market 2013-2018 (US$ billion)
Exhibit 5: Global Spices and Seasonings Market 2013-2018 (billion pounds)
Exhibit 6: Top Spices and Seasonings Producing Countries
Exhibit 7: Supply Chain Operations for Global Spices and Seasonings Market
Exhibit 8: Global Spices and Seasonings Market by Product Segmentation
Exhibit 9: Global Spices and Seasonings Market by Product Segmentation 2013 (in terms of Revenue)
Exhibit 10: Global Spices and Seasonings Market by Product Segmentation 2013 (in terms of Volume)
Explore other new research report by Infiniti Research at http://www.reportsnreports.com/publisher/infiniti-research-limited/.
ReportsnReports.com is an online market research reports library of 200,000+ reports and in-depth studies of 5000+ micro markets. Call +1 888 391 5441 with your industry research requirements or email the details on sales at reportsandreports.com.