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.
For more information on the displayed data, click the info button on the right side of each box.
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 Benelux is experiencing negligible growth due to factors such as saturation in the market, declining health concerns among consumers, and limited availability of innovative products. This has resulted in a slow growth rate in the overall Sauces & Spices Market in The Food market. However, the market is expected to see some growth in the future as the demand for natural and organic spices and herbs is increasing.
Customer preferences: In the Spices & Culinary Herbs Market, there has been a noticeable increase in demand for all-natural and organic products, driven by a growing focus on health and wellness. Consumers are also placing more importance on ethical and sustainable sourcing practices, leading to an uptick in sales of fair trade and ethically sourced spices and herbs. This trend is particularly prominent among younger, more health-conscious demographics in the Benelux region.
Trends in the market: In Benelux, the Spices & Culinary Herbs Market of the Sauces & Spices Market is seeing a surge in demand for organic and sustainable products. This trend is driven by increasing consumer awareness and preference for healthy and environmentally-friendly options. In addition, there is a growing interest in international cuisines, leading to a rise in the use of exotic spices and herbs. This trend is expected to continue, presenting opportunities for industry players to innovate and expand their product offerings to cater to changing consumer tastes.
Local special circumstances: In the Benelux region, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the region's cultural diversity and love for flavorful cuisine. The demand for organic and sustainable spices and herbs is on the rise, driven by the region's strict food safety regulations and the growing trend of healthy eating. Additionally, the presence of international food companies and the region's history as a trading hub for spices have also contributed to the growth of this market.
Underlying macroeconomic factors: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by macroeconomic factors such as consumer purchasing power, trade policies, and shifting consumer preferences. Countries with stable economic conditions and rising disposable incomes are experiencing higher demand for premium and exotic spices. Additionally, the increasing focus on healthy and natural ingredients is driving the growth of the market, as consumers are seeking out organic and sustainable options. Furthermore, trade agreements and tariffs between countries can impact the availability and pricing of spices, 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights