Seasoning And Spices Market Size

Global Seasoning and Spices Market size was valued at USD 27.93 billion in 2023 and is poised to grow from USD 29.49 billion in 2024 to USD 45.61 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032). 

Seasoning and spices are commonly used in food and beverages to add flavour, aroma, colour, and taste. The prevalent use of spice and herbal extracts in traditional treatments is estimated to bolster the market growth. The global industry is likely to be driven by urbanization. A paradigm shift in consumer taste preferences is a major factor driving the growth of this market. The new types of chili flavours and combinations are gaining popularity in developed and developing regions. Seasoning and spices are organically derived from plants and are mainly used for their taste value in preparation of various dishes. Apart from its regular use, it offers health benefits in terms of providing anti-oxidants and anti-inflammatory compounds. In some foods, anti-cancer properties are also found and as a result they are used as therapeutic agents for medicinal purposes.

US Seasoning And Spices Market is poised to grow at a sustainable CAGR for the next forecast year.