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By 2035, the global spices and seasonings market is expected to grow to USD 30–48 billion, rising steadily at around 4–6% each year. If we include sauces along with seasonings, the market could soar to over USD 100 billion, opening up huge opportunities worldwide.
Growth drivers: More people want quick, ready-to-cook and ready-to-eat meals, both at home and in restaurants. Growing love for global flavours and healthier, natural seasonings. Rising demand for eco-friendly, traceable spices with premium quality and clear origin labels. Steady Growth Ahead: The market is set to grow steadily at mid-single-digit rates, offering great potential for expanding into new products like ethnic blends and functional seasonings. Focus on the Right Segments: Premium spice blends and convenient formats are growing faster than basic single spices, making it important to choose the most promising areas to compete in.