Data from ResearchAndMarkets projects the North American seasonings and spices market to reach $5.01 million by 2027, growing at a 4.65% CAGR. The market was valued at $3.83 million in 2021. Consumer demand for high-quality healthy food ingredients and a preference for trying new flavors is driving the market.
The North American seasonings and spices market was affected by preventative measures related to the COVID-19 pandemic, which led to the closure of trades and significant transportation issues in the international and local markets. There were also logistics and sourcing issues for spices, affecting the market demand.
North America is one of the largest processed meat-consuming regions across the world. The segment held a 28.6% market share in 2021. The growing foodservice sector and tourism industry is anticipated to attract consumers toward regional cuisines infused with popular natural seasonings.