Market Research Future (Food and Beverages) Spices Market Research Report | Page 4

Spices Market Research Report - Forecast to 2022
3 Sample Pages
Latest Industry Updates:
Sep 2015 McCormick invested USD 241 Million in 2015 to expand the base of their business. McCormick is focusing
on online promotion activities with the help of their app.
June 2016 Olam acquired Brooks Peanut for USD 85 Million in Jun 2016 and acquired 50% stakes in Acacia
Investments for USD 24 Million in Jun 2016. Apart from Acquisitions, Olam is investing on new product launch and
last year they have launched two products related to spices business.
Jan 2016 Singapore-based commodities company Olam International Ltd raised $175 million from International
Finance Corp, to finance its projects in India and Nigeria. The part of funding will be also used to upgrade spices
and sugar facilities in Maharashtra and Kerala in India.
Sep 2017 Spices export in India rises 35% in first quarter of 2017. Garlic has registered the maximum growth in
terms of volume and value.
Segments:
The Global Spices Market has been divided into Type, Form, Function, Application and Region.
On The Basis Of Type: Turmeric, Cinnamon, Nutmeg, Ginger, Chili & Pepper and others
On The Basis Of Function: Color, Preservative and Flavor others
On The Basis Of Application: Culinary, Bakery Foods, Sauces and Dips, RTE Foods, Beverages and others
On The Basis Of Region: Europe, North America, Asia Pacific and ROW.
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