Middle East and Africa Spices and Seasonings Market size was around USD 470 million in 2022. It is expected to grow at a CAGR of 5.6% to reach USD 560 million by 2027.
More often than not consumers prefer in-house prepared food during unstable economic conditions and because of that seasoning market is considered to be recession-proof. It is an essential part of cuisine since it is accountable to add aroma and taste to the food. It is mainly used in snacks to enhance the flavor of food. Because of globalization along with the rising influence of western countries, the seasoning market has risen significantly. An increasing number of consumers who consider seasoning to augment their meals with better tastes is the primary driver of this market. Rising disposable incomes in emerging economies and rapid urbanization are the secondary factors driving the growth of this market. Finally, changing demographics in western countries is also likely to affect the market growth in a positive way. Growing cases of unfair trade practices leading to many arbitrations internationally and sanctions of WTO in many countries is the primary restraint of this market. Furthermore, volatility in the market prices of spices and fragile supply chains make it difficult to sustain a high growth trajectory over a period of time.
The Middle East and Africa Spices and Seasonings can be categorized into two categories:
by Type
by application
by Type Spices and Seasonings are segmented
pepper
capsicum
ginger
cinnamon
cumin
turmeric
nutmeg and mace
cardamom
coriander
cloves
In this segment pepper followed by capsicum are the leading segments in the market. The use of pepper as a key ingredient in various cuisines has increased worldwide. Apart from that, it is used extensively as a medicine in Ayurveda treatments thereby increasing its demand worldwide.
On the basis of application,
meat & poultry products
Snacks & convenience food
Soups
sauces,
dressings
Bakery & confectionery
frozen products
Beverage
In the applications segment, meat & poultry products commanded the largest market share in 2016. The demand for snacks & convenience food is likely to grow due to changing dietary patterns of consumers and of their changing consumer lifestyles.
UAE
Israel
KSA
South Africa
Egypt
By geography, the Middle East and Africa Spices and Seasonings have been categorized into the Middle East and Africa. It is last in terms of market share. UAE is the leading player in the region.
McCormick & Company (U.S.)
Associated British Foods (U.K.)
Kerry Group Plc. (Ireland)
Olam International Limited (Singapore)
Ajinomoto Co., Inc. (Japan)
Ariake Japan Company (Japan)
SHS Group (U.K.)
Dohler Group (Germany)
Worlee Gruppe (Germany)
Sensient Technologies (U.S.)
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