The Africa seasoning and spices Market is anticipated to expand at a CAGR of 3.9% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing demand for products in the households owing to growing awareness about its health benefits and taste and flavour it adds to food products.
Seasonings are a collection of herbs and spices that are added to various types of food products. Some food experts believe that seasoning and flavouring are not the same things and that seasoning refers to the addition of a tiny or big amount of salt to a dish. Seasoning enhances the inherent flavour of food without altering it. The term "flavouring" refers to anything that alters or modifies the food's original flavour.
Seasonings and spices are crucial in all cuisines as it provides distinct aroma and flavour to them. The seasonings and spices market can withstand economic crisis, without hampering the market for long run. This market is expected to be driven by rising demand for exquisite spices and seasonings for in-home culinary preparations and growing preference for multi cuisine.
Market Trends, Drivers, Restraints, and Opportunities:
- Growing demand for ethnic food in Africa had led to significant growth in the market.
- Rising number of opportunities in the organic seasoning and spices market is anticipated to propel the growth of the market.
- Increasing consumer shift toward ready-to-cook spice blends, as it saves time and efforts, can positively impact the market growth.
- The COVID-19 pandemic persuaded government state bodies to impose lockdown, which led to close down of restaurants and food malls across the globe. This, in turn, reduced the sales of seasonings and spices across the globe. However, rising number of people trying distinct cuisine helped the market to recover amidst the pandemic.
Scope of the Report
The report on the Africa seasoning and spices market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Africa Seasoning and Spices - Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2020
|
|
Historic Data
|
2018–2019
|
|
Forecast Period
|
2021–2028
|
|
Segmentation
|
Products Types (Salt and Salt Substitutes, Herbs [Thyme, Basil, Oregano, Parsley, Others], and Spices [Pepper, Cardamom, Cinnamon, Cloves, Nutmeg, and Others]) and Applications (Bakery and Confectionery, Soup, Meat and Seafood, Sauce, Salad, and Dressing, Savory Snack, and Others)
|
|
Geographic Scope
|
Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
MDH Spices, Nestle S.A, McCormick & Company Inc, Everest Spices, Kraft Heinz Company, Ajinomoto Co. Inc, Kerry Group
|
Africa Seasoning and Spices Market Segment Insights
Herbs and spices segments to account a major market share
Based on product types, the market is divided into salt and salt substitutes, herbs, and spices. The herbs segment is further segmented into thyme, basil, oregano, parsley, others. The spices segment is segregated into pepper, cardamom, cinnamon, cloves, nutmeg, and others. The herbs & spices segments are anticipated to account for a considerable market share during the forecast period. Increasing demand for spices and herbs in exotic cuisine is driving the growth of the both the market segments. Growing demand for ethnic food in Africa had led to significant growth in imports of spices and herbs developing countries in the region. Consumers are increasingly developing an appetite for distinct spices and seasonings.
Meat and seafood segments to dominant the market share
Based on applications, the Africa seasoning and spices market is segmented into bakery and confectionery, soup, meat and seafood, sauce, salad, and dressing, savory snack, and others. The meat and seafood segments are expected to dominant the market share owing to spice blends mixed with water or oil to improve flavor and preservation properties of meat. Blends are added to meat, fish, and poultry as a marinade.
Black pepper and ground hot peppers such as cayenne or chipotle are common in rubs. Spices and seasonings are also used in the preparation of sausages. Pepper, red pepper, paprika, garlic, rosemary, thyme, cloves, ginger, and nutmeg are the most commonly used spices in sausages. Major spice-mixing companies are increasingly producing ready-to-use spice mixtures for meat, as well as for sausage factories.
Segments
Segments Covered in the Report
The Market Africa seasoning and spices has been segmented on the basis of
Product Types
- Salt and Salt Substitutes
- Herbs
- Thyme
- Basil
- Oregano
- Parsley
- Others
- Spices
- Pepper
- Cardamom
- Cinnamon
- Cloves
- Nutmeg
- Others
Applications
- Bakery and Confectionery
- Soup
- Meat and Seafood
- Sauce
- Salad
- Dressing, Savory Snack
- Others
Geographies
Key Players
- MDH Spices
- Nestle S.A
- McCormick & Company Inc
- Everest Spices
- Kraft Heinz Company
- Ajinomoto Co. Inc
- Kerry Group
Competitive Landscape
Key players operating in the Africa seasoning and spices Market includes MDH Spices, Nestle S.A. , McCormick & Company Inc, Everest Spices, Kraft Heinz Company, Ajinomoto Co. Inc, and Kerry Group.
Request For Customization
Enquiry Before Buying
Speak With Analyst
