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Spices & Culinary Herbs - Czechia

Czechia
  • Revenue in the Salt & Other Spices market amounts to US$188.20m in 2024. The market is expected to grow annually by 4.37% (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$17.91 are generated in 2024.
  • In the Salt & Other Spices market, volume is expected to amount to 13.06m kg by 2029. The Salt & Other Spices market is expected to show a volume growth of 2.4% in 2025.0.
  • The average volume per person in the Salt & Other Spices market is expected to amount to 1.1kg 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.

In-Scope

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

Out-Of-Scope

  • Seasonings
  • Out-of-home consumption

Revenue

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

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Spices & Culinary Herbs market in Czechia has shown negligible growth in recent years due to various factors. These include changing consumer preferences, increasing competition, and fluctuating prices of raw materials. Despite this, the market continues to thrive due to the country's rich culinary culture and the growing popularity of international cuisines.

Customer preferences:
With the growing interest in healthier and more natural food options, the Spices & Culinary Herbs Market within the Sauces & Spices Market in Czechia is experiencing a rise in demand for organic and locally sourced herbs and spices. Consumers are increasingly conscious of the environmental impact of food production and are seeking out sustainable and ethically-sourced options. This trend is also driven by a desire for more authentic and flavorful culinary experiences, as consumers become more adventurous in their cooking and seek out new and exotic flavors.

Trends in the market:
In Czechia, the Spices & Culinary Herbs Market within the Sauces & Spices Market of The Food market is experiencing a shift towards organic and locally sourced ingredients. This trend is driven by consumer demand for healthier and more sustainable options. Industry stakeholders are responding by expanding their product lines to include more organic and locally sourced spices and herbs. This trajectory is significant as it reflects a growing awareness of the importance of sustainable and healthy food choices. For industry stakeholders, this trend presents opportunities for market growth and differentiation, but also potential challenges in meeting the demand for high-quality organic products.

Local special circumstances:
In Czechia, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the country's rich history and culinary traditions. The use of spices and herbs in Czech cuisine reflects a blend of Eastern European and Central European flavors. Additionally, the country's strict food regulations ensure the quality and authenticity of spices and herbs, making Czechia a trusted source for high-quality ingredients. Furthermore, the growing trend of healthy and organic eating habits among Czech consumers has led to an increase in demand for locally sourced and sustainably produced spices and herbs.

Underlying macroeconomic factors:
The Spices & Culinary Herbs Market within the Sauces & Spices Market of The Food market in Czechia is heavily influenced by macroeconomic factors such as consumer spending power, trade policies, and government regulations. As a member of the European Union, Czechia benefits from favorable trade agreements and access to a large consumer market. Additionally, the country's stable economic growth and low unemployment rate create a positive environment for consumer spending, driving demand for high quality and diverse spices and culinary herbs. However, fluctuations in global commodity prices and currency exchange rates can also impact market performance, making it crucial for businesses to closely monitor and adapt to these macroeconomic factors in order to stay competitive.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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