Seasoning And Spices Market To Expand At A CAGR Of 3.9% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 24 October 2019: The Report Seasoning And Spices Market Size, Share & Trends Analysis Report By Products (Herbs, Salt & Salt Substitutes, Spices), By Application (Meat & Poultry, Soups & Dressings), And Segment Forecasts, 2018 – 2025 The global seasonings and spices market size is expected to reach USD 20.46 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% during the forecast period. Changing taste preferences of consumers, along with rising disposable income, and presence of a large number of international as well as local players across the industry value chain are among the key trends escalating market growth. The demand for herbs and spices is estimated to rise at a healthy growth rate, whereas the demand for salt & salt substitutes is anticipated to remain nominal on account of declining consumption globally. Increasing demand for authentic cuisines on a globa...