Asia-Pacific Seasoning and Spices Market Size (2024 - 2029)

APAC Seasonings and Spices Market Analysis

The Asia-Pacific Seasoning and Spices Market size is estimated at USD 5.28 billion in 2024, and is expected to reach USD 6.95 billion by 2029, growing at a CAGR of 5.63% during the forecast period (2024-2029).

There is a tremendous demand for pure and organic herbs all across the globe. Countries like India, China, and Vietnam in the Asia-Pacific region are promoting organic cultivation of spices, which turns out to be healthier than conventional spices. The high growth in this region can be attributed to the rising demand for different spices as the demand for western cuisine is gaining momentum in areas like India and China. The trend toward internationalization and the increasing consumption of ethnic foods have created a growing interest in spices and herbs in the market studied, which is significantly driving the overall market growth and also increasing the consumption of blended spices such as biryani blended spice, as they provide a mixed variety of spices in one packet, thus enhancing the overall cooking experience.

The demand for easy-to-prepare and ready-cooked meals is increasing in the Asia-Pacific region. Consumers are spending less and less time preparing meals due to their busy schedules, while the number of single households is increasing. Easy-to-prepare and ready-cooked meals rely on spices and herbs to retain and enhance food flavor (e.g., ready-to-use spices, herbs, seasonings, and condiments). Moreover, the clean-label trend has now extended to flavorings and extracts, with natural herbs and spices becoming more popular. At the same time, consumers are looking for simpler labels with a shorter list of ingredients, which they perceive as an indication that the product is better for them. India is the major market where seasoning and spices have a higher demand, owing to the customer inclination towards processed food.

APAC Seasonings and Spices Industry Segmentation

Spices and seasonings are widely used to add flavor, aroma, color, and taste to food & beverages and sometimes act as preservatives or antibacterial agents. Asia-Pacific's seasoning and spices market is segmented by product type, application, and geography. Based on product type, the market is segmented into salt and salt substitutes, herbs and seasoning, and spices. The herbs and seasoning segment is further sub-segmented into thyme, basil, oregano, parsley, and other herbs and seasoning. The spices segment is further sub-segmented into pepper, cardamom, cinnamon, clove, nutmeg, turmeric, and other spices. Based on the application, the market is segmented into bakery and confectionery, soup, noodles and pasta, meat and seafood, sauces, salads and dressing, savory snacks, and other applications. Based on geography, the market is segmented into China, Japan, India, Australia, and the Rest of Asia-Pacific. For each segment, the market sizing and forecasts have been done on the basis of value (in USD).