According to Zion Market Research, the global seasonings and spices market was valued at around USD 15.11 billion in 2017 and is expected to reach approximately USD 20.99 billion by 2024, growing at a CAGR of around 5.0% between 2018 and 2024.
Seasonings and spices are available in various types such as; pepper, turmeric, cinnamon, cumin, pepper, cloves, salt, ginger, oregano, parsley, basil, and coriander. Moreover, spices are root, flowers, fruit, bark, stem, seeds, and leaves which are essentially used for flavoring, coloring, and preservation of food. The seasonings and spices are used to garnish the food and they are also used for improving the aroma, texture, and taste of the food. Owing to their benefits in the food the global seasonings and spices market is expected to augment in the forecast period. Read More.