Belgium Seasoning & Spices Market Size & Outlook, 2024-2030
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- Seasoning & Spices Market Outlook
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Belgium seasoning & spices market highlights
- The Belgium seasoning & spices market generated a revenue of USD 29.6 million in 2024 and is expected to reach USD 52.4 million by 2030.
- The Belgium market is expected to grow at a CAGR of 10% from 2025 to 2030.
- In terms of segment, spices was the largest revenue generating product in 2024.
- Salt & Salts Substitutes is the most lucrative product segment registering the fastest growth during the forecast period.
Seasoning & spices market data book summary
| Market revenue in 2024 | USD 29.6 million |
| Market revenue in 2030 | USD 52.4 million |
| Growth rate | 10% (CAGR from 2025 to 2030) |
| Largest segment | Spices |
| Fastest growing segment | Salt & Salts Substitutes |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spices, Herbs, Salt & Salts Substitutes |
| Key market players worldwide | Ajinomoto Co Inc, Sensient Technologies Corp, Associated British Foods PLC, Kerry Group PLC Class A, McCormick & Co Inc, DohlerGroup, DS Group, Everest Spices, Bart Ingredients |
Other key industry trends
- In terms of revenue, Belgium accounted for 0.1% of the global seasoning & spices market in 2024.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany seasoning & spices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 129.4 million by 2030.
Increasing demand for branded packaged foods and an increased interest in new flavors is bolstering market growth. Further, growing tourism and the increasing influence of international cuisines are augmenting demand for spices and seasonings.
Over the past few years, the preference for ethnic and exotic dishes has been growing among consumers. The wide application of herbs in various ethnic cuisines has increased their demand across the country. This trend can be attributed to an increasingly multicultural demographic and rising tourism.
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Publish Date: Dec 09, 2024
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Seasoning & Spices Market Scope
Seasoning Spices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Associated British Foods PLC | View profile | 133,000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | www.abf.co.uk |
| Sensient Technologies Corp | View profile | 3,956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | www.sensient.com |
| Kerry Group PLC Class A | View profile | 21,000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | www.kerry.com |
| McCormick & Co Inc | View profile | 13,800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | www.mccormickcorporation.com |
| Ajinomoto Co Inc | View profile | 43,318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | www.ajinomoto.co.jp |
| Everest Spices | View profile | 101-250 | Mumbai, Maharashtra, India, Asia | www.everestfoods.com/ |
| DS Group | View profile | 1001-5000 | Noida, Uttar Pradesh, India, Asia | www.dsgroup.com/ |
| DohlerGroup | View profile | 5001-10000 | Darmstadt, Hessen, Germany, Europe | www.doehler.com/ |
| Bart Ingredients | View profile | 251-500 | Bristol, Bristol, City of, United Kingdom, Europe | bart-ingredients.co.uk/ |
Belgium Seasoning & Spices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Seasoning & Spices Market Outlook will help companies and investors design strategic landscapes.
Spices was the largest segment with a revenue share of 64.53% in 2024.
Horizon Databook has segmented the Belgium seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for branded packaged foods and an increased interest in new flavors is bolstering market growth. Further, growing tourism and the increasing influence of international cuisines are augmenting demand for spices and seasonings.
Over the past few years, the preference for ethnic and exotic dishes has been growing among consumers. The wide application of herbs in various ethnic cuisines has increased their demand across the country. This trend can be attributed to an increasingly multicultural demographic and rising tourism.
- Belgium Seasoning & Spices Market Product Outlook (Revenue, USD Million , 2018-2030)
- Spices
- Herbs
- Salt & Salts Substitutes
- Belgium Seasoning & Spices Market Brand Outlook (Revenue, USD Million , 2018-2030)
- National Brand
- Private Label Brand
- Belgium Seasoning & Spices Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Retail
- Foodservice
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium Seasoning & Spices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Belgium Seasoning & Spices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Belgium Seasoning Spices Market, 2018-2030 (US$M)
Belgium seasoning & spices market statistics, by product, 2018-2030 (US$M)
