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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Seasoning Market Share by Type
As per the Europe seasoning market analysis, spices are anticipated to witness significant growth over the forecast period. This growth can be attributed to the increasing popularity of exotic and unique cuisines in the region and increasing awareness about the various health benefits associated with the consumption of different spices. Several spices have anti-inflammatory properties and are a rich source of antioxidants. The demand for salt substitutes is also increasing in the region due to growing prevalence of heart diseases and hypertension.
Europe Seasoning Market Share by Region
Germany is anticipated to account for a significant Europe seasoning market share. The expansion of food service sector in the country and growing popularity of ethnic, exotic, authentic, and foreign cuisines in the country is supporting the market expansion. Consumers are experimenting in the kitchen and embracing global flavours, creating an amalgamation of flavours. The increasing availability of different spices and herbs across various distribution channels in Germany is further encouraging consumers to embrace new cuisines and try out ethnic recipes, boosting the Europe seasoning market demand.
Europe Seasoning Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of approximately USD 3.63 billion in 2023.
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.83 billion by 2032.
The major market drivers include increasing popularity of Thai, Chinese, and Indian cuisines in the region and growing awareness about the various health benefits associated with the consumption of different spices.
The key trends fuelling the growth of the market include increasing popularity of ready to use spice mixes and growing investing on social media marketing campaigns.
The major countries in the market are Germany, United Kingdom, France, and Italy, among others.
The end uses of seasonings include soup, noodles and pasta, meat and seafood, bakery and confectionery, sauces, salads, and dressing, and savoury snacks, among others.
The key players in the market are McCormick & Company Inc., Olam Group Ltd., Dohler Group SE, SHS Group (British Pepper & Spice), Nedspice Group, Kerry Group PLC, Arikon AG, Marubeni Corporation (Euroma Holding B.V.), Prymat sp. z o.o., and Kalsec Inc., among others.
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