Blended Spices Market Size Worth USD 36.34 Bn By 2032 CAGR 5.2%

Blended Spices Market Size Worth USD 36.34 Billion By 2032 | CAGR: 5.2%


The global blended spices market size is expected to reach USD 36.34 billion by 2032, according to a new study by Polaris Market Research. The report “Blended Spices Market Share, Size, Trends, Industry Analysis Report, By Type (Garam Masala, Berbere, 5 Chinese Spices, Shichimi Togarashi, Others); By Application; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The demand for blended spices is on the rise due to changing preferences, increasing disposable income, and growing interest in international culinary meals. Blended spices are a combination of different spices that create a unique and complex flavor profile by combining whole or ground spices. This has become a simple solution for busy consumers who are looking for convenient ways to add flavor and variety to their meals. The trend of home cooking and experimentation with new recipes has further increased the demand for blended spices, while health and wellness have also contributed to their popularity.

Despite this, the market for blended spices is facing intense competition from local players who offer similar products at lower prices, making it challenging for established brands to maintain their market share. Quality and authenticity are also a concern for some consumers, who need clarification on the quality and authenticity of blended spices compared to traditional whole spices.

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The increasing use of blended spices as a flavor enhancer in meat alternatives is driving the growth of the blended spices market. As the demand for plant-based diets and veganism has increased significantly, blended spices play a crucial role in enhancing the flavor of these alternatives, making them more appealing to consumers. While only a few major players hold a significant share of the market, the market remains highly competitive and fragmented. In India, the market is led by manufacturers such as MDH, Everest Food Products, and Suhana Masala, despite the presence of several local and small-scale manufacturers.

Blended Spices Market Report Highlights

  • The garam masala segment dominates the market, which is due to the increasing demand. Garam masala is a pre-blended mix of spices that eliminates the need for consumers to purchase individual spices and blend them separately.
  • The meat and poultry products segment hold the dominant share in the global blended spices market, which is attributed to the growing demand for convenience foods, processed meats, and ready-to-eat meals.
  • The Asia Pacific region is the dominant player in the global market, and this can be attributed to various factors such as the large population base, increasing urbanization, and changing dietary habits in countries like China, India, and Indonesia.
  • The global key market players include Badia Spices, Inc., Everest Food Products Pvt. Ltd., Mahashian Di Hatti (MDH) Pvt. Ltd., McCormick & Company, Incorporated, MTR Foods Pvt Ltd., Olam International Limited, Shan Foods, Spices, Inc., Texas Custom Spice Company, LLC, Tony Chachere's, World of Spice Ltd., etc.

Polaris Market Research has segmented the blended spices market report based on type, application, distribution channel, and region:

Blended Spices, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Garam Masala
  • Berbere
  • 5 Chinese Spices
  • Shichimi Togarashi
  • Others

Blended Spices, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Meat & Poultry Products
  • Snacks & Convenience food
  • Soups, Sauces, & Dressings
  • Bakery & Confectionery
  • Frozen Products
  • Beverages
  • Others

Blended Spices, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

  • B2B
  • B2C

Blended Spices, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Blended Spices Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 24.19 Billion

Revenue Forecast in 2032

USD 36.34 Billion

CAGR

5.2% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD Billion and CAGR from 2024 to 2032

Segments Covered

By Type, By Application, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements concerning countries, regions, and segmentation.

For Specific Research Requirements

Request for Customized Report