Seasonings,

herbs & spices other titles in the series...

Flavours • Colours • Healthy Ingredients
Food Additives • Convenience Food

The global market for industrial

seasonings, herbs & spices is
Market Focus
currently worth $5.9bn and is growing
at a rate of 4.4% per year, according to
Buy
the latest research from RTS.
Report
For more information visit www.rts-resource.com

Growth in Asia Pacific Areas of focus

The global market for industrial seasonings, herbs Total global usage of

8.0%
& spices in food and drink is currently worth industrial seasonings, herbs
$5.9bn. Central & South America and Asia Pacific & spices in food and drink
are the fastest growing markets by region. currently stands at 1.5
Growth in usage of seasonings, herbs
million tonnes, with usage
Demand for seasonings, herbs & spices in Asia & spices in Central & South America.
in Asia Pacific forecast to CAGR, 2003-2008. Source: RTS Resource
Pacific is growing at a rate of 6.1% per year in value
grow by an additional
terms, while NAFTA remains the largest market,
42,000 tonnes over the
valued at $2.0bn in 2008.
next five years to 2013.

The largest markets by country are:

USA 441,983 tonnes
GLOBAL VALUE BY REGION
Global: Market value of seasonings, herbs & spices China 144,130 tonnes
by region, 2008
$m UK 99,550 tonnes
Western Eastern Japan 96,574 tonnes
NAFTA Europe Europe
$2.0bn $1.3bn $0.5bn

Market drivers
■ Growth markets/regions
■ Use of ethnic recipes
Central &
S America Africa & Asia Pacific ■ Meats, meals and snacks
$0.4bn Middle East $1.4bn
$0.2bn
■ Pastes, pulps and wet
seasonings
Source: RTS Resource
 Forecast
Asia Pacific Focus opportunities $6.3bn
In Asia Pacific, the market for industrial seasonings, The global market for
Forecast global market value of
herbs & spices grew to $1.4bn in 2008, with a year- seasonings, herbs and seasonings, herbs & spices.
on-year growth rate of 6.1% by value. spices is expected to grow 2013. Source: RTS Resource

steadily at a rate of 2.1%

Over the last 5 years, the market has seen a per year, reaching $6.3bn
marked change in its growth, with some by 2013.
countries such as Malaysia (8.3%
CAGR), India (7.8%) and China Meat and savoury products, snacks and ready meals
(6.9%) growing faster than others will remain the largest markets by segment. Carcase
in value terms. meats and soft drinks are forecast to be the fastest
growing segments, although from a small base.
By volume, China (144,130
tonnes), Japan (96,574
tonnes) and India (27,183
tonnes) remain the largest
GLOBAL USAGE BY SECTOR
markets. Global: Volume usage of seasonings, herbs & spices
by key sector, 2008
For detailed country analysis see tonnes
the country focus on Japan below.
Other
5,796
Culinary &
condiments
2,905
“demand is growing at Soups &
Meat &
savoury
bouillon 19,769
a rate of 6.1% per year” 4,187

Snacks
7,240

Source: RTS Resource

COUNTRY FOCUS: JAPAN

Japan: Volume usage of seasonings, herbs & spices
by segment, 2008

Published: May 2009

tonnes

Key growth markets

Snacks 38,901
Meat & savoury +46,139 tonnes
Ready meals 31,171
Snacks +35,989 tonnes
Meat & savoury products 9,650 Ready meals +22,979 tonnes
Culinary & condiments 7,999 Culinary
& condiments +13,384 tonnes
Cakes & pastries 2,126
Soft drinks +8,271 tonnes
Forecast growth in usage, 2008 to 2013.
Source: RTS Resource Source: RTS Resource

Market Reports Custom Research Subscribe to RTS News Contact us

For exclusive content and analysis, Tel : +44 (0)1902 422282
visit www.rts-resource.com research@rts-resource.com