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Sep 24, 2020 (AmericaNewsHour) —
The global Spices and Seasonings market was valued at USD 12.08 billion in 2016 and is projected to reach USD 18.73 billion by 2025, growing at a CAGR of 5.0% from 2017 to 2025.
The packaged food category is the major consumer of spices and seasonings. These product not only add flavor to the products but also play a major role in improving shelf life of products. The changing lifestyles and eating habits is expected to boost the demand for spices and seasonings.
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1. Market Drivers
1.1 Growing demand for convenience foods
1.2 Rising usage of spices in preservation of meat products
2. Market Restraints
2.1 Adulteration of