Spices & Culinary Herbs - Angola | Statista Market Forecast

Revenue in the Salt & Other Spices market amounts to US$172.40m in 2024. The market is expected to grow annually by 12.57% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$11bn in 2024).
In relation to total population figures, per person revenues of US$4.56 are generated in 2024.
In the Salt & Other Spices market, volume is expected to amount to 24.41m kg by 2029. The Salt & Other Spices market is expected to show a volume growth of 6.2% in 2025.0.
The average volume per person in the Salt & Other Spices market is expected to amount to 0.5kg in 2024.

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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Salt, flavor salt
Spices (e.g. black pepper, paprika, cumin, coriander, cinnamon)
Culinary herbs (e.g. basil, parsley, rosemary, oregano

Seasonings
Out-of-home consumption

The Spices & Culinary Herbs Market in Angola is experiencing mild growth, driven by factors such as increasing demand for traditional and exotic spices, growing interest in international cuisines, and the convenience of online shopping. The market's growth rate is influenced by the country's expanding food industry and rising disposable income levels.

Customer preferences: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is experiencing a rise in demand for organic and all-natural products. This is due to consumers becoming more health-conscious and seeking out healthier options. Additionally, there is a growing interest in international cuisine, leading to an increase in the demand for exotic spices and herbs. As a result, companies are responding by offering a wider variety of organic and international options to cater to the changing consumer preferences.

Trends in the market: In Angola, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is experiencing a surge in demand for organic and locally sourced ingredients. This trend is driven by consumers' increasing awareness of the health benefits and sustainable practices associated with these products. Additionally, there is a growing interest in incorporating traditional Angolan flavors and spices into international cuisines, creating new opportunities for local producers. As this trend continues to gain momentum, it presents significant opportunities for industry stakeholders to expand their product offerings and tap into a growing market segment.

Local special circumstances: In Angola, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's rich cultural heritage and its diverse cuisine. The use of locally grown herbs and spices is deeply ingrained in Angolan cooking, making it an essential part of the market. Additionally, the government's focus on promoting agriculture and supporting small-scale farmers has also contributed to the growth of this market. Moreover, the country's unique blend of Portuguese, African, and Brazilian influences has resulted in a distinct flavor profile, attracting both domestic and international consumers.

Underlying macroeconomic factors: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is also influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Countries with strong economic growth and stable fiscal policies are likely to experience a higher demand for spices and culinary herbs, as consumers have more disposable income to spend on food products. Additionally, changes in consumer preferences towards healthy and natural ingredients are driving the demand for spices and culinary herbs, as they are perceived as healthier alternatives to artificial flavorings. However, fluctuations in exchange rates and trade policies can impact the availability and pricing of imported spices and herbs, ultimately affecting market performance.

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.