Definition:
The Spices and Culinary Herbs market covers salt, dried seeds, fruits, etc. that are added to food to modify the taste, scent, and color. Examples of culinary herbs include pepper, chilis, curry, parsley, rosemary, and thyme.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Spices & Culinary Herbs Market in the Sauces & Spices Market within The Food market in Africa is experiencing subdued growth, influenced by factors like low consumer awareness and limited availability. However, with increasing demand for traditional flavors and rising popularity of global cuisines, the market is expected to witness steady growth in the coming years.
Customer preferences: Consumers in Africa are increasingly embracing traditional spices and culinary herbs as they rediscover the unique flavors and health benefits of their cultural cuisines. This trend is driven by a growing awareness of the medicinal properties of these herbs, as well as a desire for more authentic and flavorful meals. Additionally, the rise of health-conscious lifestyles has fueled the demand for natural and organic ingredients, leading to a surge in the use of traditional spices and culinary herbs in sauces and other food products.
Trends in the market: In Africa, there is a growing demand for traditional spices and culinary herbs as consumers become more health-conscious and seek out natural, flavorful ingredients. This trend is expected to continue as consumers become more interested in ethnic and global cuisines. In the Sauces & Spices Market, there is a shift towards more sustainable and eco-friendly sourcing of spices and herbs, as well as an increase in organic options. This trend is significant for industry stakeholders as it presents opportunities for differentiation and expansion into new markets. However, it also poses challenges in terms of supply chain management and pricing. Overall, the trajectory of these trends is towards a more diverse and ethically sourced Spices & Culinary Herbs Market, which could have positive implications for both consumers and industry players.
Local special circumstances: In Africa, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the continent's diverse and rich culinary traditions. Local spices and herbs, such as berbere in Ethiopia and ras el hanout in Morocco, play a crucial role in traditional dishes and are in high demand in the market. Additionally, regulatory restrictions on imports in certain countries, such as Nigeria, have led to a surge in local production and consumption of spices and herbs. This unique combination of cultural and regulatory factors make Africa a dynamic and thriving market for the Spices & Culinary Herbs Market.
Underlying macroeconomic factors: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is greatly influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. Countries with stable economies and favorable government policies often experience higher demand for spices and culinary herbs, as consumers have more disposable income to spend on these products. Additionally, the increasing popularity of international cuisines and the rise of health-conscious consumers are driving the demand for natural and organic spices and herbs. Furthermore, the growing food industry in developing countries, coupled with rising urbanization and changing dietary habits, is also contributing to the growth of the spices and culinary herbs market. Overall, the positive economic outlook and changing consumer preferences are expected to continue fueling the growth of this market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights