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Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
Global Seasonings Spices Market - Increasing income
levels resulting in increasing expenditure on food products
of Asian C...
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Global Seasonings Spices Market - Segments, Dynamics, Size, Forecast to 2019

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Increasing income levels resulting in increasing expenditure on food products, changing food habits of Asian consumers and changing demographics are the major growth drivers for the global seasonings and spices market. Asian countries such as India are the major producers of seasonings and spices. Uncertain economic conditions coupled with inefficient logistics act as major growth restraints for seasoning and spice producing countries, such as India. Government policies resulting in rejection of imported spices also hampers the growth in international markets. Increasing demand from the organic segment offers great opportunity for the market.

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Global Seasonings Spices Market - Segments, Dynamics, Size, Forecast to 2019

  1. 1. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) Persistence Market Research Global Seasonings Spices Market estimated to grow US$16.6 bn in 2019 - Persistence Market Research Persistence Market Research 1
  2. 2. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) Persistence Market Research Released New Market Report “Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019).” The report gives a detailed understanding of this market, the factors governing it, its strengths, weaknesses, opportunities, and threats. With the help of SWOT and Porter’s five forces analyses, the report answers questions pertaining to the growth of this market in the coming years. According to the market research report, the global seasonings and spices market was valued at US$12.5 bn in 2013 and is estimated to reach US$16.6 bn in 2019, growing at a CAGR of 4.80% from 2014 to 2019. Interested in report: Please follow the below links to meet your requirements; Request for the Report Sample: http://www.persistencemarketresearch.com/samples/3080 Seasonings and spices have always been an important part of dietary intake for reasons that go beyond the aroma they impart to food. They add to the taste, color, and to the nutritional value of food, thereby enhancing the health of consumers. The indispensable nature of seasoning and spices has made their market recession-proof. Furthermore, as consumers prefer to cook at home over spending at restaurants or on ready-to-cook meals, especially in times when the economy seems unstable, they directly create a support system for the growth of the global seasonings and spices market. View TOC (table of content), Figures and Tables of the Report: http://www.persistencemarketresearch.com/toc/3080 In recent years, the global seasonings and spice market has witnessed an upward demand trend due to the increasing income levels, which are encouraging consumers to spend unflinchingly on food products. The positive sentiment in the seasonings and spices market is also due to the changing food patterns of Asian consumers due to changing demographics. India is among the biggest producers of seasonings and spices in the world. However, the tumultuous nature of the economy along with poor logistical support are big restraints for the seasoning and spice market in India. The market’s growth is also getting Persistence Market Research 2
  3. 3. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) hampered by the rejection of imported spices in international markets as a result of prevailing government regulations. Despite the fractured growth pattern of the global seasoning and spice market, the huge demand for organic seasonings and spices will prove to be a worthy opportunity for this market. The proliferation of seasonings and spices is also due to their use in several types of medicines. A crucial growth driver worth noting is the increasing demand for French and Italian cuisine in Asian countries that is leading to a want for exotic seasonings and spices. The global seasonings and spices market has been segmented on the basis of products and geography. The products in this market are salt and salt substitutes, herbs, pepper, and spices. Geographically, the global seasonings and spice market is divided into North America, Europe, Asia Pacific, and Rest of the World. For more info: http://www.persistencemarketresearch.com/contact-us.asp The important players profiled in the global seasonings and spices market study are Knorr, Everest Spices, McCormick & Company, Ajinomoto, Nestle, Catch, MDH Spices, and Kraft Foods. Out of these, McCormick holds the leading position in the market thanks to a wide range of products. The report studies the companies’ financial status, research and development activities, investment plans, and outlook for the coming years. Persistence Market Research 3
  4. 4. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) Market History: Increasing income levels resulting in increasing expenditure on food products, changing food habits of Asian consumers and changing demographics are the major growth drivers for the global seasonings and spices market. Asian countries such as India are the major producers of seasonings and spices. Uncertain economic conditions coupled with inefficient logistics act as major growth restraints for seasoning and spice producing countries, such as India. Government policies resulting in rejection of imported spices also hampers the growth in international markets. Increasing demand from the organic segment offers great opportunity for the market. Seasonings and spices form an integral part of any cuisine as it is responsible for developing the taste and aroma associated with the cuisine. The seasonings and spices market is considered to be one of the most recession-proof markets since during uncertain economic conditions, consumers prefer in-house preparation and consumption rather than opting for the expensive choice of eating out or having ready- meals. However, when the economy is in good shape the situation is reverse. Major growth drivers for the industry are increasing demand for foreign cuisines, such as Italian and French and changing consumer food habits in Asian countries. Use of certain spices and herbs in medicinal fields has also resulted in increased demand for seasonings and spices. Inefficient logistics and uncertain climatic conditions in the spices producing countries are the major growth challenges for the industry. Seasoning and Spices market is bifurcated into four major product type salt and salt substitute, pepper, herbs and spices. The global market for seasonings and spices in value term is expected to grow from USD 12,530.5 million in 2013 to USD 16,628.6 million in 2019 growing at a CAGR of 4.8%. Salt and salt substitutes market (largest segment in 2012) increased by 4.3% CAGR during 2008-2012. In terms of volume the market grew from 634.6 kg million in 2008 to 772.2 kg million in 2012. Salt and salt substitutes market (largest segment in 2012) is forecasted to increase by 4.3% CAGR during 2013-2019 to reach 369.2 million kg in 2019. The global seasonings and spices market was highly fragmented, with top six companies holding only 15% market share in 2012. McCormick and Unilever are some of the major companies with global operations. While McCormick leads the market, Unilever accounts for only 1.7% share, mainly due to its lower number of products compared to McCormick. S&B foods operate only in Japan and held about 40% share in the Japanese seasonings and spices market. Everest Spices operates mostly in India but Persistence Market Research 4
  5. 5. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) recently the company started selling its products in North American and European countries, such as the U.S., France, Germany and the U.K. Table of Content Chapter 1 Preface 12 1.1 Report Description 12 1.2 Scope and definition 12 1.2.1 Product segments covered in the report 12 1.2.2 Regions covered in the report 12 1.3 Research methodology 12 Chapter 2 Market Synopsis 14 Chapter 3 Porter Five Forces Analysis 16 3.1 Bargaining power of suppliers 16 3.2 Bargaining power of buyers 17 3.3 Threat of new entrants 17 3.4 Threat of substitutes 17 3.5 Intensity of rivalry 17 Chapter 4 Industry Overview 19 4.1 Introduction 19 4.2 Market Drivers 19 4.2.1 Globalization and changing demographics is expected to drive seasonings and spices demand 19 4.2.2 Consumers’ rising income levels expected to provide better growth prospects for the industry 20 4.2.3 Consumers’ changing food habits in Asian countries expected to escalate market growth 21 4.2.4 Medicinal benefits of spices is expected to drive the market 21 4.3 Market Restraints 22 4.3.1 Government policies resulting in rejection of imported spices may hamper market growth 22 Persistence Market Research 5
  6. 6. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) 4.3.2 Uncertain climatic conditions and inefficient logistics in spice producing countries impact the supply negatively 23 4.4 Opportunities 24 4.4.1 Increasing demand for organic seasonings and spices is expected to boost the market demand 24 4.4.2 Online marketing campaigns offer expansion opportunity for seasonings and spices market 24 Chapter 5 Market Size and Forecast by Product 26 5.1 Salt and Salt Substitutes 28 5.2 Pepper 29 5.3 Herbs 31 5.4 Spices 32 Chapter 6 Market Size and Forecast by Geography 34 6.1 North America 36 6.1.1 The U.S. 41 6.1.1.1 Market overview 41 6.1.1.2 Competitive landscape 43 6.1.1.3 Distribution channels 44 6.2 Europe 46 6.2.1 France 51 6.2.1.1 Market overview 51 6.2.1.2 Competitive landscape 54 6.2.1.3 Distribution channel 54 6.2.2 Germany 55 6.2.2.1 Market overview 55 6.2.2.2 Competitive landscape 58 6.2.2.3 Distribution channel 58 6.2.3 Italy 59 6.2.3.1 Market overview 59 6.2.3.2 Competitive landscape 62 6.2.3.3 Distribution channel 62 6.2.4 The U.K. 63 6.2.4.1 Market overview 63 Persistence Market Research 6
  7. 7. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) 6.2.4.2 Competitive landscape 66 6.2.4.3 Distribution channel 67 6.2.5 Spain 67 6.2.5.1 Market overview 67 6.2.5.2 Competitive landscape 70 6.2.5.3 Distribution channel 71 6.3 Asia-Pacific 72 6.3.1 India 76 6.3.1.1 Market overview 76 6.3.1.2 Competitive landscape 79 6.3.1.3 Distribution channel 80 6.3.2 China 81 6.3.2.1 Market overview 81 6.3.2.2 Competitive landscape 84 6.3.2.3 Distribution channel 85 6.3.3 Japan 85 6.3.3.1 Market overview 85 6.3.3.2 Competitive landscape 88 6.3.3.3 Distribution channel 88 6.3.4 Australia 89 6.3.4.1 Market overview 89 6.3.4.2 Competitive landscape 92 6.3.4.3 Distribution channel 92 6.4 Rest of the World 93 6.4.1 Brazil 93 6.4.1.1 Market overview 93 6.4.1.2 Competitive landscape 96 6.4.1.3 Distribution channel 96 Chapter 7 Competitive Scenario 98 Chapter 8 Company Profiles 100 8.1 Everest Spices 100 8.1.1 Company Overview 100 Persistence Market Research 7
  8. 8. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) 8.1.2 Products & Services 100 8.1.3 Financial Performance 101 8.1.4 Recent Developments 101 8.2 MDH Spices 102 8.2.1 Company Overview 102 8.2.2 Products & Services 102 8.2.3 Financial Performance 102 8.2.4 Recent Developments 103 8.3 Catch 104 8.3.1 Company Overview 104 8.3.2 Products & Services 104 8.3.3 Financial Performance 104 8.3.4 Recent Developments 105 8.4 Baria Pepper 106 8.4.1 Company Overview 106 8.4.2 Products & Services 106 8.4.3 Financial Performance 106 8.4.4 Recent Developments 106 8.5 Bart Ingredients 107 8.5.1 Company Overview 107 8.5.2 Products & Services 107 8.5.3 Financial Performance 107 8.5.4 Recent Developments 108 8.6 McCormick & Company 109 8.6.1 Company Overview 109 8.6.2 Products & Services 109 8.6.3 Financial Performance 109 8.6.4 Recent Developments 110 8.7 Nestle 111 8.7.1 Company Overview 111 8.7.2 Products & Services 111 8.7.3 Financial Performance 111 8.7.4 Recent Developments 112 8.8 Knorr 113 Persistence Market Research 8
  9. 9. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) 8.8.1 Company Overview 113 8.8.2 Products & Services 113 8.8.3 Financial Performance 114 8.8.4 Recent Developments 114 8.9 Ajinomoto 115 8.9.1 Company Overview 115 8.9.2 Products & Services 115 8.9.3 Financial Performance 116 8.9.4 Recent Developments 116 8.10 Kraft Foods 118 8.10.1 Company Overview 118 8.10.2 Products and services 118 8.10.3 Financial Performance 118 8.10.4 Recent Developments 119 List of Tables TABLE 1 Global seasonings and spices market snapshot by value 2013 & 2019 15 TABLE 2 Global seasonings and spices market snapshot by volume 2013 & 2019 15 TABLE 3 Spices and their medicinal use 22 TABLE 4 Drivers for seasonings and spices market: Impact analysis 22 TABLE 5 Restraints for seasonings and spices market: Impact Analysis 23 TABLE 6 Successful online campaigns by seasonings and spices companies 24 TABLE 7 Global seasonings and spices market size by product, 2008-2012 (Million kg) 26 TABLE 8 Global seasonings and spices market size by product, 2013-2019 (Million kg) 27 TABLE 9 Global seasonings and spices market size by product, 2008-2012 (Million USD) 27 TABLE 10 Global seasonings and spices market size by product, 2013-2019 (Million USD) 28 TABLE 11 Global salt and salt substitutes market size by volume and value (2008-2012) 29 TABLE 12 Global salt and salt substitutes market size by volume and value (2013-2019) 29 TABLE 13 Global pepper market size by volume and value (2008-2012) 30 TABLE 14 Global pepper market size by volume and value (2013-2019) 30 TABLE 15 Global herbs market size by volume and value (2008-2012) 31 TABLE 16 Global herbs market size by volume and value (2013-2019) 31 TABLE 17 Global spices market size by volume and value (2008-2012) 32 Persistence Market Research 9
  10. 10. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) TABLE 18 Global spices market size by volume and value (2013-2019) 33 TABLE 19 Global seasonings and spices market size by region, 2008-2012 (Million kg) 34 TABLE 20 Global seasonings and spices market size by region, 2013-2019 (Million kg) 35 TABLE 21 Global seasonings and spices market size by region, 2008-2012 (Million USD) 35 TABLE 22 Global seasonings and spices market size by region, 2013-2019 (Million USD) 36 TABLE 23 The North American seasonings and spices market size by product, 2008-2012 (Million Kg) 37 TABLE 24 The North American seasonings and spices market size by product, 2013-2019 (Million Kg) 37 TABLE 25 The North American seasonings and spices market size by product, 2008-2012 (Million USD) 38 TABLE 26 The North American seasonings and spices market size by product, 2013-2019 (Million USD) 38 TABLE 27 The North American seasonings and spices market size by Country, 2008-2012 (Million Kg) 39 TABLE 28 The North American seasonings and spices market size by Country, 2013-2019 (Million Kg) 39 TABLE 29 The North American seasonings and spices market size by Country, 2008-2012 (Million USD) 40 TABLE 30 The North American seasonings and spices market size by Country, 2013-2019 (Million USD) 40 TABLE 31 The U.S. seasonings and spices market size by product, 2008-2012 (Million Kg) 41 TABLE 32 The U.S. seasonings and spices market size by product, 2013-2019 (Million Kg) 42 TABLE 33 The U.S. seasonings and spices market size by product, 2008-2012 (Million USD) 42 TABLE 34 The U.S. seasonings and spices market size by product, 2013-2019 (Million USD) 43 TABLE 35 The European seasonings and spices market size by product, 2008-2012 (Million Kg) 46 TABLE 36 The European seasonings and spices market size by product, 2013-2019 (Million Kg) 47 TABLE 37 The European seasonings and spices market size by product, 2008-2012 (Million USD) 47 TABLE 38 The European seasonings and spices market size by product, 2013-2019 (Million USD) 48 TABLE 39 The European seasonings and spices market size by Country, 2008-2012 (Million Kg) 48 TABLE 40 The European seasonings and spices market size by Country, 2013-2019 (Million Kg) 49 TABLE 41 The European seasonings and spices market size by Country, 2008-2012 (Million USD) 50 TABLE 42 The European seasonings and spices market size by Country, 2013-2019 (Million USD) 50 TABLE 43 The French seasonings and spices market size by product, 2008-2012 (Million Kg) 51 TABLE 44 The French seasonings and spices market size by product, 2013-2019 (Million Kg) 52 TABLE 45 The French seasonings and spices market size by product, 2008-2012 (Million USD) 52 TABLE 46 The French seasonings and spices market size by product, 2013-2019 (Million USD) 53 TABLE 47 The German seasonings and spices market size by product, 2008-2012 (Million Kg) 56 Persistence Market Research 10
  11. 11. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) TABLE 48 The German seasonings and spices market size by product, 2013-2019 (Million Kg) 56 TABLE 49 The German seasonings and spices market size by product, 2008-2012 (Million USD) 57 TABLE 50 The German seasonings and spices market size by product, 2013-2019 (Million USD) 57 TABLE 51 The Italian seasonings and spices market size by product, 2008-2012 (Million Kg) 60 TABLE 52 The Italian seasonings and spices market size by product, 2013-2019 (Million Kg) 60 TABLE 53 The Italian seasonings and spices market size by product, 2008-2012 (Million USD) 61 TABLE 54 The Italian seasonings and spices market size by product, 2013-2019 (Million USD) 61 TABLE 55 The U.K. seasonings and spices market size by product, 2008-2012 (Million Kg) 64 TABLE 56 The U.K. seasonings and spices market size by product, 2013-2019 (Million Kg) 64 TABLE 57 The U.K. seasonings and spices market size by product, 2008-2012 (Million USD) 65 TABLE 58 The U.K. seasonings and spices market size by product, 2013-2019 (Million USD) 65 TABLE 59 The Spanish seasonings and spices market size by product, 2008-2012 (Million Kg) 68 TABLE 60 The Spanish seasonings and spices market size by product, 2013-2019 (Million Kg) 68 TABLE 61 The Spanish seasonings and spices market size by product, 2008-2012 (Million USD) 69 TABLE 62 The Spanish seasonings and spices market size by product, 2013-2019 (Million USD) 69 TABLE 63 Asia-Pacific seasonings and spices market size by product, 2008-2012 (Million Kg) 72 TABLE 64 Asia-Pacific seasonings and spices market size by product, 2013-2019 (Million Kg) 73 TABLE 65 Asia-Pacific seasonings and spices market size by product, 2008-2012 (USD Million) 73 TABLE 66 Asia-Pacific seasonings and spices market size by product, 2013-2019 (USD Million) 74 TABLE 67 Asia-Pacific seasonings and spices market size by Country, 2008-2012 (Million Kg) 74 TABLE 68 Asia-Pacific seasonings and spices market size by Country, 2013-2019 (Million Kg) 75 TABLE 69 Asia-Pacific seasonings and spices market size by Country, 2008-2012 (USD Million) 75 TABLE 70 Asia-Pacific seasonings and spices market size by Country, 2013-2019 (USD Million) 76 TABLE 71 The Indian seasonings and spices market size by product, 2008-2012 (Million Kg) 77 TABLE 72 The Indian seasonings and spices market size by product, 2013-2019 (Million Kg) 78 TABLE 73 The Indian seasonings and spices market size by product, 2008-2012 (USD Million) 78 TABLE 74 The Indian seasonings and spices market size by product, 2013-2019 (USD Million) 79 TABLE 75 The Chinese seasonings and spices market size by product, 2008-2012 (Million Kg) 82 TABLE 76 The Chinese seasonings and spices market size by product, 2013-2019 (Million Kg) 82 TABLE 77 The Chinese seasonings and spices market size by product, 2008-2012 (USD Million) 83 TABLE 78 The Chinese seasonings and spices market size by product, 2013-2019 (USD Million) 83 TABLE 79 The Japanese seasonings and spices market size by product, 2008-2012 (Million Kg) 86 TABLE 80 The Japanese seasonings and spices market size by product, 2013-2019 (Million Kg) 86 TABLE 81 The Japanese seasonings and spices market size by product, 2008-2012 (USD Million) 87 Persistence Market Research 11
  12. 12. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) TABLE 82 The Japanese seasonings and spices market size by product, 2013-2019 (USD Million) 87 TABLE 83 The Australian seasonings and spices market size by product, 2008-2012 (Million Kg) 90 TABLE 84 The Australian seasonings and spices market size by product, 2013-2019 (Million Kg) 90 TABLE 85 The Australian seasonings and spices market size by product, 2008-2012 (USD Million) 91 TABLE 86 The Australian seasonings and spices market size by product, 2013-2019 (USD Million) 91 TABLE 87 The Brazilian seasonings and spices market size by product, 2008-2012 (Million kg) 94 TABLE 88 The Brazilian seasonings and spices market size by product, 2013-2019 (Million kg) 94 TABLE 89 The Brazilian seasonings and spices market size by product, 2008-2012 (Million USD) 95 TABLE 90 The Brazilian seasonings and spices market size by product, 2013-2019 (Million USD) 95 TABLE 91 Everest Spices Category 100 TABLE 92 Catch Spices Product Segments 102 TABLE 93 Catch Spices Product Segments 104 TABLE 94 Knorr Products Categories 113 TABLE 95 Ajinomoto Products Segment 115 List of Figures FIG. 1 Global seasonings and spices market, 2010 – 2019 (USD Billion) 14 FIG. 2 Seasonings and spices market : Porter’s Five Forces Analysis 16 FIG. 3 U.S. seasonings and spices market share by company, 2012 44 FIG. 4 U.S. seasonings and spices market share by distribution channel, 2012 45 FIG. 5 French seasonings and spices market share by company, 2012 54 FIG. 6 French seasonings and spices market share by distribution channel, 2012 55 FIG. 7 The German seasonings and spices market share by company, 2012 58 FIG. 8 The German seasonings and spices market share by distribution channel, 2012 59 FIG. 9 The Italian seasonings and spices market share by company, 2012 62 FIG. 10 The Italian seasonings and spices market share by distribution channel, 2012 63 FIG. 11 The U.K. seasonings and spices market share by company, 2012 66 FIG. 12 The U.K. seasonings and spices market share by distribution channel, 2012 67 FIG. 13 The Spanish seasonings and spices market share by company, 2012 70 FIG. 14 The Spanish seasonings and spices market share by distribution channel, 2012 71 FIG. 15 The Indian seasonings and spices market share by company, 2012 80 FIG. 16 The Indian seasonings and spices market share by distribution channel, 2012 81 FIG. 17 The Chinese seasonings and spices market share by company, 2012 84 Persistence Market Research 12
  13. 13. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) FIG. 18 The Chinese seasonings and spices market share by distribution channel, 2012 85 FIG. 19 The Japanese seasonings and spices market share by company, 2012 88 FIG. 20 The Japanese seasonings and spices market share by distribution channel, 2012 89 FIG. 21 The Australian seasonings and spices market share by company, 2012 92 FIG. 22 The Australian seasonings and spices market share by distribution channel, 2012 93 FIG. 23 The Brazilian seasonings and spices market share by distribution channel, 2012 97 FIG. 24 The Global seasonings and spices market share by company, 2012 98 FIG. 25 Per capita consumption of seasonings and spices, 2012 and CAGR growth % (2013-2019) by country 99 FIG. 26 Bart Ingredient Sales and Net Profit, 2011-2013 (USD Million) 108 FIG. 27 McCormick & Company Sales and Net Profit, 2010 – 2012 (USD Million) 110 FIG. 28 Nestle Sales and Net Profit, 2010-2012 (USD Billion) 112 FIG. 29 Unilever Sales and Net Income, 2010-2012 (USD Billion) 114 FIG. 30 Ajinomoto Sales and Net Profit, 2010-2012 (USD Million) 116 FIG. 31 Kraft Foods Sales and Net Income, 2010-12 (USD Billion) 119 About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready- to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values. Persistence Market Research 13
  14. 14. Global Seasonings Spices Market - Increasing income levels resulting in increasing expenditure on food products of Asian Consumers (2019) Contact Us: Persistence Market Research 305 Broadway 7th Floor, New York City, NY 10007, United States. USA - Canada Toll Free: +1 800-961-0353 Email: sales@persistencemarketresearch.com Web: http://www.persistencemarketresearch.com Persistence Market Research 14

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