Chemical Research Report Seasoning-Market | Page 2

However, excessive intake of seasoning may lead to allergy, high blood pressure or
unconsciousness, which is a major challenge and it can restrain the market growth. Since
seasoning is an agricultural product, uncertain climatic conditions like low or high rainfall,
thunderstorms and temperature can restrain the growth of the market. Moreover, Government
policies on importing and exporting may restrict the trade of herbs and spices, in turn
restraining market growth.
Market Outlook
Among product type, salt and salt substitutes segment accounted for the largest market share in
2017. Health benefits of salt and salt substitutes include prevention of iodine deficiency,
improved cardiovascular health, cures cystic fibrosis, and prevents heat stroke.
Among end-use industries, industrial segment dominated the market in 2017, owing to
extensive applications of seasoning in the manufacturing of packaged food, the segment is
projected to retain dominant position in the market over the forecast period. Factors such as
change in lifestyle and rising number of working women may increase the consumption of
packed food, which is expected to fuel growth of this segment over the forecast period.
Asia Pacific witnessed highest market share globally in 2017. The region is projected to
maintain its dominance over the forecast period, owing to increasing production of herbs and
spices due to suitable climatic condition. Increasing disposable income and change in lifestyle
of medium class population is fueling growth of the global seasoning market. Emerging
economies such as India and China are the major producers of the herbs and spices. According
to a data provided by Government of India, the production of spices in India was 8,413
thousand tones in 2017.
Europe is projected to be the fast growing region in the market over the forecast period. Key
factors such as changing dietary patterns, increasing population, and rapid penetration of spices
and herbs in the European economies are creating immense opportunities for growth of the
market.
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