Brazil Seasoning & Spices Market Size & Outlook, 2024-2030
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Brazil seasoning & spices market highlights
- The Brazil seasoning & spices market generated a revenue of USD 35.7 million in 2024 and is expected to reach USD 54.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% 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 35.7 million |
| Market revenue in 2030 | USD 54.9 million |
| Growth rate | 7.4% (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, Brazil accounted for 0.2% 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 Latin America, Brazil seasoning & spices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 54.9 million by 2030.
Favorable trade agreements and improved logistics have facilitated the export of spices and seasonings in Brazil. The growing restaurant industry, particularly in urban areas, has fueled demand for a wide range of spices and seasonings. Street food, which often relies on bold and distinctive flavors, continues to be a significant driver of spice consumption.
Brazil is a pivotal growth market for international seasonings and spices. Renowned seasoning manufacturers are forming partnerships with local spice producers to combine their expertise in quality ingredients and flavors, catering to consumer preferences.
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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/ |
Brazil 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 64.43% in 2024.
Horizon Databook has segmented the Brazil seasoning & spices market based on spices, herbs, salt & salts substitutes covering the revenue growth of each sub-segment from 2018 to 2030.
Favorable trade agreements and improved logistics have facilitated the export of spices and seasonings in Brazil. The growing restaurant industry, particularly in urban areas, has fueled demand for a wide range of spices and seasonings. Street food, which often relies on bold and distinctive flavors, continues to be a significant driver of spice consumption.
Brazil is a pivotal growth market for international seasonings and spices. Renowned seasoning manufacturers are forming partnerships with local spice producers to combine their expertise in quality ingredients and flavors, catering to consumer preferences.
- Brazil Seasoning & Spices Market Product Outlook (Revenue, USD Million , 2018-2030)
- Spices
- Herbs
- Salt & Salts Substitutes
- Brazil Seasoning & Spices Market Brand Outlook (Revenue, USD Million , 2018-2030)
- National Brand
- Private Label Brand
- Brazil 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 Brazil Seasoning & Spices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Seasoning & Spices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Seasoning Spices Market, 2018-2030 (US$M)
Brazil seasoning & spices market statistics, by product, 2018-2030 (US$M)
