Meticulous Research®, a trusted leader in global market analysis, has unveiled its latest report titled ‘Spices & Seasonings Market Size, Share, Forecast, & Trends Analysis by Product Type (Spices {Pepper, Cinnamon, Turmeric}, Herbs {Oregano, Rosemary}, Salt & Salt Substitutes), Category (Organic), Form (Powder), Distribution Channel – Global Forecast to 2031’. The report outlines the steady growth of the spices & seasonings market, anticipated to reach a global valuation of $30.35 billion by 2031, driven by a 5.3% CAGR from 2024 to 2031.
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The demand for spices and seasonings is fueled by a combination of factors: a surge in convenience food consumption, rising popularity of vegetarian and vegan diets, and the growing inclination toward spicy foods. Despite these positive factors, market growth faces challenges due to the rising occurrence of counterfeit spice products.
