Seasonings and Spices Market Is Projected to Reach Us$16.6 Bn by 2019

Transparency Market
Research

Seasonings and Spices Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013 - 2019

Published Date
21-03-2014

116 Page Report

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Press Release
Global Seasonings and Spices Market to Exhibit 4.8% CAGR 2013-2019
Owing to High Demand in Asia Pacific

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Seasonings and Spices Market

REPORT DESCRIPTION

The global seasonings and spices market has been examined in a detailed market research report
published by Transparency Market Research. The report analyzes key elements of the market and presents
an expansive overview of the competitive landscape of the market. The report is titled “Seasonings and
Spices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” The
report states that the market will expand at a healthy 4.8% CAGR over the period between 2013 and 2019.
At this pace, the market, which had a valuation of US$12.7 bn in 2012, is projected to reach to a valuation
of US$16.6 bn by 2019.
The report highlights the fact that the market has survived well and is thriving even during the recent
times of global economic downturn, which wreaked havoc on several well-established industries. The fact
that consumers give more preference to in-house recipes by buying ingredients that eating out during
financial crises has significantly helped the market survive the turbulent times of economic downturn of
the past few years. Even though conditions reverse when finances are strong, the integral part played by
seasonings and spices in every cuisine makes them products that are always in -demand.
The report segments the global seasonings and spices market on the basis of two criteria: product type
and geography.
On the basis of product type, the...