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 Northern Europe has shown minimal growth due to factors such as limited consumer awareness, competition from traditional methods of cooking, and slow adoption of digital technologies. However, the convenience of online shopping and increasing health consciousness may drive future growth.
Customer preferences: As consumers become more health-conscious, there is a growing demand for organic and natural spices and culinary herbs in Northern Europe. This trend is driven by a cultural preference for clean and sustainable ingredients, as well as a desire for unique and authentic flavors. Additionally, as the population ages, there is a shift towards products with anti-inflammatory and anti-aging properties, such as turmeric and ginger. This has led to an increase in the use of these spices in not only traditional dishes, but also in innovative and health-focused recipes.
Trends in the market: In Northern Europe, the Spices & Culinary Herbs Market within the Sauces & Spices Market is experiencing a surge in demand for organic and sustainably-sourced products due to increasing consumer awareness and preferences for healthier and environmentally-friendly options. This trend is expected to continue as consumers become more conscious about the origin and production of their food. Industry stakeholders should focus on investing in sustainable and transparent supply chains to meet this demand and capitalize on the potential for growth in this market.
Local special circumstances: In Northern Europe, the Spices & Culinary Herbs Market of the Sauces & Spices Market within The Food market is heavily influenced by the region's long history of culinary traditions and preferences. The use of locally grown herbs and spices, such as dill, parsley, and caraway, in traditional dishes has created a demand for high-quality, locally sourced products. Additionally, strict regulations on food safety and quality have led to a focus on organic and sustainably produced herbs and spices, catering to the region's environmentally-conscious consumer base.
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 changing consumer preferences, economic growth, and government policies. Countries with stable economic conditions and a growing middle class are experiencing higher demand for premium spices and herbs, driving market growth. Additionally, favorable government policies and investments in agricultural technologies are enhancing the production and quality of spices and herbs, further boosting market growth. The increasing popularity of global cuisines and the rise of the foodservice industry are also contributing to the growth of the market. However, economic uncertainties and trade restrictions can hinder market growth in certain regions.
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