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Link: https://www.techsite.io/p/2463341/t/global-spices-and-seasonings-market-to-witness-stellar-cagr-during-the-forecast-period-2020-2027

Global Spices and Seasonings Market to Witness Stellar CAGR During the Forecast Period 2020– 2027

Market HighlightsThe global spices and seasonings market is expected to grow at a rapid pace due to consumer preference for organic spices and herbs.

Moreover, health-conscious consumers consider organic spices to be safer than conventional spices and seasonings.Based on type, the global spices and seasonings market has been segmented into pepper, ginger, cinnamon, turmeric, cardamom, clove, and others.

The pepper segment accounted for the maximum market share in 2017. Pepper is derived from the peppercorn and has been used for centuries to flavor food.

The turmeric segment is expected to grow at a rapid rate during the forecast period owing to the medicinal benefits and widespread use of turmeric in different cuisines.By category, the global spices and seasonings market has been classified as conventional and organic.

The store-based segment has further been segmented into supermarkets and hypermarkets, convenience stores, and others.

The non-store-based segment is projected to record the higher CAGR owing to the growth of the e-commerce industry.Regional AnalysisThe global spices and seasonings market has been segmented in four key regions—North America, Europe, Asia-Pacific, and the rest of the world.North America is expected to dominate the global spices and seasonings market.


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