- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025
Spice & condiments are natural vegetables or plant products used in ground or whole form, which are added to food preparations for extra aroma, flavor, and spiciness. Cloves, mustard, ginger, cinnamon, pepper, cassia, cardamom, nutmeg, onion, vanilla, coriander, saffron, tamarind, curry leaf, black pepper, turmeric, mint, and pimento are some of the commonly used spice & condiments. Spices & condiments account for about 90% of the global trade. Pepper is the most widely used spice in India as well as worldwide. India alone accounts for about 25-30% of the total global trade in spices.
Moreover, spices & condiments have low nutritive content. These are used in liquid or paste form as additive flavors and food colors. Furthermore, maximum spices increase the shelf life of food items, particularly the dry varieties such as pickles, chips, and Kuivaliha. In addition, some of spices & condiments are blended with food items to improve its texture.
The global spices & condiments cultivation market is segmented based on origin, application, and geography. Based on origin, it is classified into rhizomes & root spices, bark spices, leaf spices, flower spices, fruit spices, and seed spices. On basis of application, it is categorized into dietary, medical, and commercial. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Mccormick & Company, Worle Gruppe, Olam International, SHS Group, Ajinomoto Co., Inc., Dhler Group, Associated British Foods PLC., Sensient Technologies, Kerry Group PLC., and Ariake Japan Co., Ltd.
The global railway traction motor market is expected to reach $41.63 billion in 2025, from $30.28 billion in 2016, growing at a CAGR of 3.8% from 2017 to 2025. Railway ... Read More >>