Spices & Culinary Herbs - Brunei Darussalam

Revenue in the Salt & Other Spices market amounts to US$7.12m in 2024. The market is expected to grow annually by 2.50% (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$15.62 are generated in 2024.
In the Salt & Other Spices market, volume is expected to amount to 312.20k kg by 2029. The Salt & Other Spices market is expected to show a volume growth of 1.0% in 2025.0.
The average volume per person in the Salt & Other Spices market is expected to amount to 0.6kg 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.

For more information on the displayed data, click the info button on the right side of each box.

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 Brunei Darussalam is experiencing negligible growth, influenced by factors such as limited availability of locally grown herbs and spices, preference for traditional cooking methods, and a small consumer base. Despite this, the market is expected to see slow growth due to increasing demand for convenience and international flavors in the country's food industry.

Customer preferences: There has been a growing trend towards organic and natural food products in the Sauces & Spices Market, particularly in the Spices & Culinary Herbs segment. This shift is driven by consumer preferences for healthier and more sustainable food options, as well as a growing awareness of the environmental and health benefits of using organic and natural ingredients. As a result, there has been an increase in demand for organic spices and herbs, as well as a rise in the number of small-scale organic farms and businesses in Brunei Darussalam. This trend is expected to continue as consumers prioritize health and sustainability in their food choices.

Trends in the market: In Brunei Darussalam, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is experiencing a surge in demand for organic and sustainably-sourced spices and herbs. This trend is driven by increasing consumer awareness and preference for healthier and environmentally-friendly options. As a result, industry players are incorporating sustainable practices into their production processes to meet the demand. This trend is expected to continue, with potential implications for stakeholders including the need for investment in sustainable sourcing and production methods and potential market growth for organic and environmentally-friendly products.

Local special circumstances: In Brunei Darussalam, 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 traditional cuisine. The use of local spices and herbs, such as pandan leaves and lemongrass, is deeply ingrained in the country's cooking practices. Additionally, strict halal regulations in the country have led to the development of a thriving market for halal-certified spices and herbs, catering to the local Muslim population. This unique blend of cultural and regulatory factors sets the Spices & Culinary Herbs Market in Brunei Darussalam apart from other markets, shaping its demand and supply dynamics.

Underlying macroeconomic factors: The Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is significantly impacted by macroeconomic factors such as trade policies, consumer preferences, and economic stability. In Brunei Darussalam, the market is heavily influenced by global economic trends, as the country relies heavily on imports for its spices and culinary herbs. The national economic health also plays a crucial role in market performance, as any fluctuations in the GDP growth rate can directly impact consumer spending on food products. Additionally, fiscal policies, such as taxation and subsidies, can affect the cost of production and distribution of spices and culinary herbs, ultimately influencing market prices and demand. Other relevant financial indicators, such as inflation rates and exchange rates, also play a vital role in shaping the Spices & Culinary Herbs Market in Brunei Darussalam.

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.