Seasoning and spices market is seen as recession proof due to their usage in food service outlets (such as restaurants, hotels and food outlets) and at-home consumption. The demand for seasoning and spice is increasing due to the increasing demand of new flavours and flavour ingredients, growing popularity of ethnic cuisines, and increasing health awareness among the consumers. Growing interest in the organic food and beverages is also catching up with the market as large amount of certified organic spices are being launched in the market in last few years.
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The growth in the Asia-Pacific market is riding on the developing spice markets in India, China, Vietnam, Indonesia, and Sri Lanka, which were traditionally exporting more than their internal consumption. India is one of the largest manufacturer and exporter of seasonings and spices.
Geographies analyzed under this research report include
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