The North America Seasoning & Spices Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
During the present coronavirus pandemic, Spiceology, Inc. worked with Emplifi Inc. and Loop Commerce to launch the "Coworkers Connecting Through Cooking" campaign for companies searching for creative and enjoyable ways to re-energize and improve relationships with their employees. The initiative attempted to bring employees together virtually by allowing them to cook at home and offered guided access to interesting, live-streamed cooking sessions, allowing coworkers to share their culinary adventures with their colleagues digitally.
Spiceology's unique, original gift set blends were provided at wholesale costs as part of the program. The organization also hosted live streaming cooking seminars for businesses to encourage their employees to spend more time cooking at home with family. Additionally, companies' assistance in assisting a farmer in growing more seasoning in the country is likely to improve the market.
Consumer demand for high-quality healthy food products, as well as an increased willingness to try new flavors in the foodservice industry and processed food products, is supporting the overall growth of the spices and seasonings market in North America, resulting in an upward trend and driving the market growth during the forecast period.
Several companies are releasing new dried spice lines that can increase the quality of home-cooked meals. Consumers in the United States and Canada are aware of the significance of food's nutritional content in addition to taste. Dried spices are in high demand because they improve the overall nutritional content of food goods. The broader trend toward clean labels and organic foods is influencing the dried spice market in North America, and it is extremely likely that manufacturers will expand their product lines to meet end users' changing needs.
The US market dominated the North America Seasoning & Spices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,190.4 million by 2028. The Canada market is experiencing a CAGR of 7.4% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2022 - 2028).
Based on Product, the market is segmented into Spices, Herbs, and Salt & Salt Substitutes. Based on Spices Type, the market is segmented into Turmeric, Pepper, Cinnamon, Cardamom, Coriander, Cloves, Cumin, Ginger, and Others. Based on Herbs Type, the market is segmented into Garlic, Mint, Oregano, Parsley, Fennel, Rosemary, and Others. Based on Form, the market is segmented into Powder & Crushed and Whole. Based on Distribution Channel, the market is segmented into Foodservice and Retail. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Seasoning & Spices Market is Estimated to reach $50.1 Billion by 2028, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ajinomoto Co., Inc., Associated British Foods PLC, Kerry Group PLC, McCormick & Company, Inc., Döhler Gmbh, Ariake Japan Co., Ltd., Baria Group, DS Group, Everest Food Products Pvt Ltd., and Bart Ingredients.
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