Global Spices Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Spices Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Hot Spices
- 1.3.3 Aromatic Spices
- 1.3.4 Others
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Spices Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Catering Industry
- 1.4.3 Household
- 1.4.4 Others
- 1.5 Global Spices Market Size & Forecast
- 1.5.1 Global Spices Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Spices Sales Quantity (2020-2031)
- 1.5.3 Global Spices Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 McCormick
- 2.1.1 McCormick Details
- 2.1.2 McCormick Major Business
- 2.1.3 McCormick Spices Product and Services
- 2.1.4 McCormick Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 McCormick Recent Developments/Updates
- 2.2 Unilever
- 2.2.1 Unilever Details
- 2.2.2 Unilever Major Business
- 2.2.3 Unilever Spices Product and Services
- 2.2.4 Unilever Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Unilever Recent Developments/Updates
- 2.3 Ajinomoto
- 2.3.1 Ajinomoto Details
- 2.3.2 Ajinomoto Major Business
- 2.3.3 Ajinomoto Spices Product and Services
- 2.3.4 Ajinomoto Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Ajinomoto Recent Developments/Updates
- 2.4 Ariake
- 2.4.1 Ariake Details
- 2.4.2 Ariake Major Business
- 2.4.3 Ariake Spices Product and Services
- 2.4.4 Ariake Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Ariake Recent Developments/Updates
- 2.5 Kerry Group Plc. (Ireland)
- 2.5.1 Kerry Group Plc. (Ireland) Details
- 2.5.2 Kerry Group Plc. (Ireland) Major Business
- 2.5.3 Kerry Group Plc. (Ireland) Spices Product and Services
- 2.5.4 Kerry Group Plc. (Ireland) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Kerry Group Plc. (Ireland) Recent Developments/Updates
- 2.6 Olam International
- 2.6.1 Olam International Details
- 2.6.2 Olam International Major Business
- 2.6.3 Olam International Spices Product and Services
- 2.6.4 Olam International Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Olam International Recent Developments/Updates
- 2.7 Everest Spices
- 2.7.1 Everest Spices Details
- 2.7.2 Everest Spices Major Business
- 2.7.3 Everest Spices Spices Product and Services
- 2.7.4 Everest Spices Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Everest Spices Recent Developments/Updates
- 2.8 Zhumadian Wang Shouyi
- 2.8.1 Zhumadian Wang Shouyi Details
- 2.8.2 Zhumadian Wang Shouyi Major Business
- 2.8.3 Zhumadian Wang Shouyi Spices Product and Services
- 2.8.4 Zhumadian Wang Shouyi Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Zhumadian Wang Shouyi Recent Developments/Updates
- 2.9 MDH Spices
- 2.9.1 MDH Spices Details
- 2.9.2 MDH Spices Major Business
- 2.9.3 MDH Spices Spices Product and Services
- 2.9.4 MDH Spices Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 MDH Spices Recent Developments/Updates
- 2.10 Catch (DS Group)
- 2.10.1 Catch (DS Group) Details
- 2.10.2 Catch (DS Group) Major Business
- 2.10.3 Catch (DS Group) Spices Product and Services
- 2.10.4 Catch (DS Group) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Catch (DS Group) Recent Developments/Updates
- 2.11 Nestle
- 2.11.1 Nestle Details
- 2.11.2 Nestle Major Business
- 2.11.3 Nestle Spices Product and Services
- 2.11.4 Nestle Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Nestle Recent Developments/Updates
- 2.12 Brucefoods
- 2.12.1 Brucefoods Details
- 2.12.2 Brucefoods Major Business
- 2.12.3 Brucefoods Spices Product and Services
- 2.12.4 Brucefoods Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 Brucefoods Recent Developments/Updates
- 2.13 Sensient Technologies (U.S.)
- 2.13.1 Sensient Technologies (U.S.) Details
- 2.13.2 Sensient Technologies (U.S.) Major Business
- 2.13.3 Sensient Technologies (U.S.) Spices Product and Services
- 2.13.4 Sensient Technologies (U.S.) Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 Sensient Technologies (U.S.) Recent Developments/Updates
- 2.14 Ankee Food
- 2.14.1 Ankee Food Details
- 2.14.2 Ankee Food Major Business
- 2.14.3 Ankee Food Spices Product and Services
- 2.14.4 Ankee Food Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.14.5 Ankee Food Recent Developments/Updates
- 2.15 Haitian
- 2.15.1 Haitian Details
- 2.15.2 Haitian Major Business
- 2.15.3 Haitian Spices Product and Services
- 2.15.4 Haitian Spices Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.15.5 Haitian Recent Developments/Updates
3 Competitive Environment: Spices by Manufacturer
- 3.1 Global Spices Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Spices Revenue by Manufacturer (2020-2025)
- 3.3 Global Spices Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Spices by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Spices Manufacturer Market Share in 2024
- 3.4.3 Top 6 Spices Manufacturer Market Share in 2024
- 3.5 Spices Market: Overall Company Footprint Analysis
- 3.5.1 Spices Market: Region Footprint
- 3.5.2 Spices Market: Company Product Type Footprint
- 3.5.3 Spices Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Spices Market Size by Region
- 4.1.1 Global Spices Sales Quantity by Region (2020-2031)
- 4.1.2 Global Spices Consumption Value by Region (2020-2031)
- 4.1.3 Global Spices Average Price by Region (2020-2031)
- 4.2 North America Spices Consumption Value (2020-2031)
- 4.3 Europe Spices Consumption Value (2020-2031)
- 4.4 Asia-Pacific Spices Consumption Value (2020-2031)
- 4.5 South America Spices Consumption Value (2020-2031)
- 4.6 Middle East & Africa Spices Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Spices Sales Quantity by Type (2020-2031)
- 5.2 Global Spices Consumption Value by Type (2020-2031)
- 5.3 Global Spices Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Spices Sales Quantity by Application (2020-2031)
- 6.2 Global Spices Consumption Value by Application (2020-2031)
- 6.3 Global Spices Average Price by Application (2020-2031)
7 North America
- 7.1 North America Spices Sales Quantity by Type (2020-2031)
- 7.2 North America Spices Sales Quantity by Application (2020-2031)
- 7.3 North America Spices Market Size by Country
- 7.3.1 North America Spices Sales Quantity by Country (2020-2031)
- 7.3.2 North America Spices Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Spices Sales Quantity by Type (2020-2031)
- 8.2 Europe Spices Sales Quantity by Application (2020-2031)
- 8.3 Europe Spices Market Size by Country
- 8.3.1 Europe Spices Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Spices Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Spices Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Spices Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Spices Market Size by Region
- 9.3.1 Asia-Pacific Spices Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Spices Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Spices Sales Quantity by Type (2020-2031)
- 10.2 South America Spices Sales Quantity by Application (2020-2031)
- 10.3 South America Spices Market Size by Country
- 10.3.1 South America Spices Sales Quantity by Country (2020-2031)
- 10.3.2 South America Spices Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Spices Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Spices Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Spices Market Size by Country
- 11.3.1 Middle East & Africa Spices Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Spices Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Spices Market Drivers
- 12.2 Spices Market Restraints
- 12.3 Spices Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Spices and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Spices
- 13.3 Spices Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Spices Typical Distributors
- 14.3 Spices Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Spices market size was valued at US$ 8137 million in 2024 and is forecast to a readjusted size of USD 9058 million by 2031 with a CAGR of 1.6% during review period.
A spice is a dried seed, fruit, root, bark, or vegetable substance primarily used for flavoring, coloring or preserving food. Because they tend to have strong flavors and are used in small quantities, spices tend to add few calories to food. Many spices, however, can contribute significant portions of micronutrients to the diet.
A spice may have other uses, including medicinal, religious ritual, cosmetics or perfume production, or as a vegetable.
A spice may be available in several forms: fresh, whole dried, or pre-ground dried. Generally, spices are dried. A whole dried spice has the longest shelf life, so it can be purchased and stored in larger amounts, making it cheaper on a per-serving basis. Some spices are not always available either fresh or whole, for example turmeric, and often must be purchased in ground form. Small seeds, such as fennel and mustard seeds, are often used both whole and in powder form.
In this report, it includes the dried plant product used primarily for seasoning purposes or medicine effectiveness etc.
India is the largest Spices market with about 63% market share. China is follower, accounting for about 6% market share.
The key players are McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi, MDH Spices, Catch(DS Group), Nestle, Brucefoods, Sensient Technologies (U.S.), Ankee Food, Haitian etc. Top 3 companies occupied about 13% market share.
This report is a detailed and comprehensive analysis for global Spices market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Spices market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Spices market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Spices market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Spices market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Spices
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Spices market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include McCormick, Unilever, Ajinomoto, Ariake, Kerry Group Plc. (Ireland), Olam International, Everest Spices, Zhumadian Wang Shouyi, MDH Spices, Catch (DS Group), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Spices market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hot Spices
Aromatic Spices
Others
Market segment by Application
Catering Industry
Household
Others
Major players covered
McCormick
Unilever
Ajinomoto
Ariake
Kerry Group Plc. (Ireland)
Olam International
Everest Spices
Zhumadian Wang Shouyi
MDH Spices
Catch (DS Group)
Nestle
Brucefoods
Sensient Technologies (U.S.)
Ankee Food
Haitian
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Spices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Spices, with price, sales quantity, revenue, and global market share of Spices from 2020 to 2025.
Chapter 3, the Spices competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Spices breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Spices market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Spices.
Chapter 14 and 15, to describe Spices sales channel, distributors, customers, research findings and conclusion.