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Pulished Date April, 2021
ID: 4066
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Europe Allspice Market Segmentation By Type (Whole Allspice, Ground Allspice, and Rub Allspice), By Application (Pharmaceutical, Food Service, Food Process, Household, and Others) - By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 4066
Pages: 145

Europe Allspice Market Growth and Forecast (2021-2026):

The Europe Allspice Market was worth US$ XX million in 2021, and it is estimated to grow at US$ XX million by the end of 2026 at an increasing CAGR of XX% during 2021-2026.

Europe Allspice Market Scenario:

We use dried berries or unripe plant fruits to manufacture spices. Spices are made from berries taken from dried fruits or ripe plants. The flavor profile of the berry, which includes cinnamon, nutmeg, and cloves, inspired the name pepper. In the Western Hemisphere, Allspice is one of the most widely used spices. This plant is native to Central America, although it is currently grown in various other nations. Because Jamaica pepper is one of the most well-known seasonings in Caribbean cuisine, demand increases in the North American market. Allspice is generally used to impart a distinct flavor and scent to meat sauces. The All Spice name comes from the berry flavor of nutmeg, cinnamon, and clove. The PimentaDioica plant was formerly only found in Central America, but it is now widely available worldwide. However, the maximum number of crops are grown in the Western Hemisphere. Allspice is used chiefly to give meat sauce its distinct flavor and aroma. When products are offered on e-commerce websites, product visibility is predicted to rise, and Allspice is likely to become more extensively embraced in places where it is not currently available. As a result, online sales can help players in the industry improve their revenue and profits. In addition, Allspice has become a prominent ingredient in the foodservice business due to its distinctive flavor combination. Consumers, on the other hand, lack these advantages. As a result, market participants should concentrate on raising consumer awareness of the nutritional benefits of Allspice.

Recent Developments in Europe Allspice Industry:

  • Heifer International, McCormick & Company, a worldwide leader in flavor, and Nueva Kerala, a Guatemalan spice supplier, disclosed the commencement of the Cardaforestry initiative, which aims to improve the quality of cardamom and Allspice sourced by McCormick through agroforestry systems almost by 2023.

Europe Allspice Market Drivers:

The increasing usage of spices for various applications is crucial in the worldwide allspices market's rise. The target market is likely to expand as the demand for healthy and nutritious food among young people grows dramatically. Furthermore, as people's income levels, busy lifestyles, and working hours rise in many countries, demand for ready-to-eat and processed meals is likely to increase, resulting in market expansion for allspices. Moreover, as people become more conscious of their health, the demand for spicy dishes is expected to rise, resulting in higher sales of all spices. Allspice is primarily used in the preparation of dry meats like pig and poultry. Allspice is one of the most often used spices in European cooking, particularly in marinades and pickles. Traditional Indian curries contain Jamaican pepper, commonly used to season meat and rice dishes in the Middle East. All three spices work together to replace cinnamon, cloves, and nutmeg successfully. All spices are primarily used to prepare minced meat, such as chicken or pork. The spice contains compounds that reduce pain and inflammation in all of its active components. Allspice's calming characteristics have made it a clear choice for advancing sound digestion by removing obstruction and excessive swelling. Potassium, which may be found in all spices, relaxes the circulatory system and improves heart health. Green peppers have become an essential element in the food and pharmaceutical industries due to these factors, which are driving up demand in the perfume market. Allspice is a common component in European cuisine, and it's also used to make pickles and marinades.

Because of its distinct flavor, Allspice makes curry, pork, and rice dishes in India. In addition, green pepper is utilized in a variety of applications, including food and medicine. Green peppers' beneficial components, such as high quantities of quercetin, eugenol, tannins, and organic compounds, are the grounds for their widespread use in medicine. Allspice's medicinal compounds contain unique molecules that ease pain and bloating, making it a beneficial cure for promoting good digestion by reducing constipation and bloating. In addition, Allspice contains potassium, which has a beneficial effect on the heart and relieves stress on the circulatory system. The widespread use of Allspice is driving global market expansion by raising demand for Allspice for various reasons.

Restraints:

The stringent government restrictions governing food flavoring in many countries may limit the global growth of the allspices industry to some extent. Furthermore, contamination worries may stymie market expansion.

Europe Allspice Market Segmentation Analysis:

By Type:

  • Whole Allspice
  • Ground Allspice
  • Rub Allspice

Based on type, the Europe allspice market is segmented into whole Allspice, ground allspice, and rub Allspice. Whole Allspice is anticipated to have the most significant European allspice market share during the forecast period. The whole Allspice is a brown berry with the appearance of an enormous peppercorn. Allspice, like other spices, loses its flavor more quickly because a greater surface area is exposed to the air in its ground state. Moreover, Allspice's minerals, vitamins, and antioxidants may provide a variety of health benefits. In addition, many of the chemicals found in whole Allspice are being researched as a potential anti-inflammatory, nausea, and cancer treatments.

By Application:

  • Pharmaceutical
  • Food Service
  • Food Process
  • Household
  • Others

The European allspice market is categorized into pharmaceutical, food service, food process, household, and others based on application. The food processor is expected to dominate the market. Spices, spice seeds, and herbs are primarily used as food additives to add flavor, aroma, and tangy. They comprise of minimal nutritional value in the lowest amounts essential to offer culinary meals, but on the other hand, they increase hunger, add zest to food, and enhance flavors.

Regional Analysis:

The Europe Allspice Market Report includes the segmentation of countries:

  • United Kingdom
  • Spain
  • Germany
  • Italy
  • France

Germany, with a market share of roughly 30%, dominates the European market. The key reasons propelling the allspice market in Germany are changing customer flavor preferences, healthy living practices, and convenience. Germany is Europe's top spice importer, with a market share of more than 25%. Another emerging trend in the country is a preference for Asian cuisines, including Chinese, Continental, and Japanese. Peppers and Allspice are the most popular spices in Germany.

Impact of COVID-19 on Europe Allspice Market:

Due to the covid pandemic, people were shuttered and confused, which would further lead to the crisis. According to a study adding spices in hot water and any other liquids can helps in reducing the chance of affecting the COVID. Therefore, most people started consuming the liquid with spices, which can help in lowering the chances of affecting the virus. As a result, the allspice market has seen a drastic increment in sales. Moreover, the Covid-19 pandemic has completely altered consumer perceptions of nutritional and healthy food consumption, causing an increasing demand for Allspice. In addition, with the expansion of coronavirus, the need for disease resistance and immunization is increasing, and the allspice industry is expected to grow significantly in the following years.

Key Players in the Market:

Major Key Players in the Europe Allspice Market are

  • McCormick               
  • NH MERCADO                         
  • Castella                      
  • Savoury Spice                          
  • Pereg                          
  • Spice Islands                            
  • Lena Maud farm                     
  • Morton Bassett                      
  • Mountain Rose Herbs                          
  • Kautilya Commodities      

 

 

1. Introduction                          

          1.1 Market Definition                 

          1.2 Scope of the report              

          1.3 Study Assumptions              

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                     

          2.1 Analysis Design         

          2.2 Research Phases                  

                   2.2.1 Secondary Research 

                   2.2.2 Primary Research     

                   2.2.3 Data Modelling        

                   2.2.4 Expert Validation     

          2.3 Study Timeline           

3. Report Overview                    

          3.1 Executive Summary              

          3.2 Key Inferencees         

4. Market Dynamics                   

          4.1 Impact Analysis         

                   4.1.1 Drivers

                   4.1.2 Restaints      

                   4.1.3 Opportunities

          4.2 Regulatory Environment                 

          4.3 Technology Timeline & Recent Trends                

5. Competitor Benchmarking Analysis                      

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis        

                   5.1.2 Products/Service     

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape              

          5.3 Joint Ventures & Collaborations                

6. Market Segmentation                       

          6.1 Allspice Market, By Type                

                   6.1.1 Whole Allspice        

                   6.1.2 Ground Allspice      

                   6.1.3 Rub Allspice  

                   6.1.4 Market Size Estimations & Forecasts (2021-2026)      

                   6.1.5 Y-o-Y Growth Rate Analysis        

                   6.1.6 Market Attractiveness Index        

          6.2 Allspice Market, By Application                 

                   6.2.1 Pharmaceutical       

                   6.2.2 Food Service 

                   6.2.3 Food Process

                   6.2.4 Household    

                   6.2.5 Others

                   6.2.6 Market Size Estimations & Forecasts (2021-2026)      

                   6.2.7 Y-o-Y Growth Rate Analysis        

                   6.2.8 Market Attractiveness Index        

7. Geographical Landscape                  

          7.1 Europe Allspice Market, by Region            

          7.2 Europe - Market Analysis (2021 - 2026)            

                   7.2.1 By Country    

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Type        

                   7.2.3 By Application

8. Key Player Analysis                          

          8.1 McCormick                

                   8.1.1 Business Description

                   8.1.2 Products/Service     

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis        

                   8.1.5 Recent Developments        

                   8.1.6 Analyst Overview    

          8.2 NH MERCADO            

          8.3 Castella           

          8.4 Savoury Spice            

          8.5 Pereg              

          8.6 Spice Islands             

          8.7 Lena Maud farm         

          8.8 Morton Bassett          

          8.9 Mountain Rose Herbs           

          8.10 Kautilya Commodities                  

9. Market Outlook & Investment Opportunities                   

Appendix                        

          List of Tables         

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Allspice Market By Type, From 2021-2026 ( USD Billion )
  2. Europe Whole Allspice Market By Region, From 2021-2026 ( USD Billion )
  3. Europe Ground Allspice Market By Region, From 2021-2026 ( USD Billion )
  4. Europe Rub Allspice Market By Region, From 2021-2026 ( USD Billion )
  5. Europe Allspice Market By Application, From 2021-2026 ( USD Billion )
  6. Europe Pharmaceutical Market By Region, From 2021-2026 ( USD Billion )
  7. Europe Food Service Market By Region, From 2021-2026 ( USD Billion )
  8. Europe Food Process Market By Region, From 2021-2026 ( USD Billion )
  9. Europe Household Market By Region, From 2021-2026 ( USD Billion )
  10. Europe Others Market By Region, From 2021-2026 ( USD Billion )
  11. U.K. Allspice Market By Type, From 2021-2026 ( USD Billion )
  12. U.K. Allspice Market By Application, From 2021-2026 ( USD Billion )
  13. Germany Allspice Market By Type, From 2021-2026 ( USD Billion )
  14. Germany Allspice Market By Application, From 2021-2026 ( USD Billion )
  15. France Allspice Market By Type, From 2021-2026 ( USD Billion )
  16. France Allspice Market By Application, From 2021-2026 ( USD Billion )
  17. Italy Allspice Market By Type, From 2021-2026 ( USD Billion )
  18. Italy Allspice Market By Application, From 2021-2026 ( USD Billion )
  19. Spain Allspice Market By Type, From 2021-2026 ( USD Billion )
  20. Spain Allspice Market By Application, From 2021-2026 ( USD Billion )

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