The global Spices and Seasonings Market Size is projected to reach USD 22.87 billion by 2026, exhibiting a CAGR of 4.7% in the forecast period (2019-2026). However, the market was valued at USD 15.93 billion in 2018. This information is published in a recent report by Fortune Business Insights, titled, ""Spices and Seasonings Market Size, Share & Industry Analysis, By Type (Pepper, Chili, Ginger, Cinnamon, Cumin, Turmeric, Nutmeg and Mace, Cardamom, Cloves, and Others), Application (Meat and Poultry, Bakery and Confectionery, Frozen Food, Snacks and Convenience Food, and Others), and Regional Forecasts, 2019 – 2026."" As per the report, a rise in the demand for new spices and various spice blends is expected to propel the Spices and Seasonings Market growth during the forecast period.

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