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