April 01, 2022
According to the recent research report titled ‘North America Seasonings Market Size, By Type (Oregano, Paprika, Ginger, Cinnamon, Cumin, Turmeric, Garlic, Cardamom, Coriander, Cloves), By Application (Bakery and Confectionery, Beverages, Frozen Foods, Savory, Meat and Poultry), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2021 – 2027’ available with MarketStudyReport, North America seasonings market is predicted to witness significant growth during 2021-2027.
North America seasonings market growth is driven by mounting consumption of various spices, herbs, and seasonings that are rich in vitamins, flavonoids polyphenols, rising health cognizance, and growing demand for nutritional ingredients.
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Seasonings and spices are known to offer various health benefits apart from just adding to the taste. Regular intake of seasonings has proven to help in reducing inflammation in the body, boosting immunity, controlling blood sugar levels, promoting healthy heart, and preventing allergies, thus contributing towards the overall market remuneration.
In terms of type, North America seasonings market is bifurcated into coriander, cinnamon, garlic, cardamom, ginger, oregano, turmeric, paprika, cumin, pepper, cloves, and others. The paprika segment is expected to witness a boost in its sales during the forecast period, primarily due to a surge in demand for processed baked foods.
The cinnamon and cumin type segment, on the other hand, are also predicted to showcase lucrative results in the ensuing years, owing to its extensive usage as a flavoring agent in various savory dishes, food products, and beverages in North America. The coriander sector is also estimated to register 2.5% CAGR during the forecasted timeline.
In terms of application type, the market is classified into beverages, frozen foods, savory, bakery & confectionery, meat & poultry, and others. The frozen foods segment is estimated to boost significantly by 2027. Growing inclination towards using seasonings and spices in frozen foods owing to their various health benefits are facilitating the business outlook in North America.
The overall marketplace, in terms of regional analysis, is split into the U.S and Canada.
The major companies operating in North America seasonings market are Corbion N.V., Kraft Heinz Company, Fuchs North America Inc., MDH Spices, Ajinomoto Co. Inc., Associated British Foods plc,
Nestlé S.A., Hindustan Unilever Limited, and McCormick & Company Inc.