Valued at US$15.44 billion in 2020, the global seasoning and spices market growth is expected to reach US$22.46 billion within the next seven years.
Currently, Asia Pacific accounts for over 30% of global seasoning and spices revenue. With increasing buyer willingness to pay a premium for new flavours and ethnic tastes, the global seasoning and spice market is expected to expand rapidly, particularly in the ready-to-use spice mixes category.
How can food companies capitalise on the Asian flavours that would inspire the next wave of global cuisine?
Join our live webinar on Thursday, 4 March 2021 to find out more about changing consumer patterns and emerging opportunities. Click here to sign up.
For media enquiries, please contact:
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355