Change in lifestyle, increased urbanization, and increase in working population has boosted the food processing segment in the last decade. There is increasing demand for processed food due to its ease in access and less cooking time in this paced world. Thus the market for processed food is growing at a rapid rate. Value addition is one of the promising sectors of the food processing industry. Value addition is increasing the flavor or the nutrients provided by food. All-purpose seasoning ingredients can add value in all sort to any kind of food. All-purpose seasoning is a combination of herbs or spices used together in various savory applications. All-purpose seasoning products are just to be added to food and hence are currently in demand in order to instantly gain the required flavor to any type of food item. These contain some essential herbs and spices and can be added to any kind of food in order to boost the flavor as well as increase its nutritive value. Most commonly used all-purpose seasoning spices include cumin, garlic, onion, salt, and black pepper.
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Global All-Purpose Market: Key Players
Some of the key players in all-purpose seasoning market are Frontier Co-op, Masterfoods, Spicely Organics, Tesco, Arnie's, Woolworths, McCormick, Carl's Seasoning, Sainsbury's, Adobo seasoning, Liquid aminos, Camp Chef, Cajun Grocer, Vegeta, Kenny's Seasoning, Waitrose, Goya Foods. More companies are taking interest in investing in all-purpose seasoning.
Growing Demands for All-purpose Seasonings on Food Sector
All-purpose seasoning products are used highly in developed and developing countries in order to attract foodies as well tourist. The rise in the tendency to innovate the food recipes as well as increased consumption of food is a driver for the all-purpose seasoning global market. Factors like the change in lifestyle, increased number of working population especially working women, increase in disposable income has forced change eating habits leading to increasing demand for convenience or packed food and thus increasing in demand for all-purpose seasoning. The market for all-purpose seasoning is recession-free as people just use it to enhance home-made food during the recession, in reverse conditions, people prefer to have meals at hotels. With the increase in tourism, there is an increase in the number of restaurants and eateries rising the demand for seasoning in overseas cuisine like French, Italian, Mexican, etc. The rising concern about health concern as well as excess to unlimited information via the internet has made consumers aware about health benefits of herbs and species like cloves, cinnamon, holy basil, etc. As all-purpose seasoning contains a variety of herbs and spices providing various health benefits along with enhancing the taste of food the demand in the market for all-purpose seasoning is expected to have a positive growth in terms of value and volume during the forecast period.
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Global All-purpose seasoning Market: A Regional Outlook
The global all-purpose seasoning market is segmented regional into Asia-Pacific, North America, Europe and Rest of the World. Asian countries like India which produce genuine and organic spices and flavorings have great influence on the global market. Asia Pacific region is expected to have a robust increase in demand for all-purpose seasoning with an increase in urbanization and rise in per capita income. North America and Europe are dominant players in all-purpose seasoning market and are expected to have a growth increase in customized flavors and organic products in the market.
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Opportunities for Market Participants
There is a rise in demand for flavoring agents like all-purpose seasoning as it transforms even simple food in delicious savory. There is an increase in a number of people who prefer to have organic and natural food items. Launching organic all-purpose seasoning products can boost the demand especially in developed countries where people are more aware about health and use of organic products. Some of the manufacturers are trying to introduce customized or unique seasoning blends as per the requirement of the consumer. All-purpose seasonings serve a delightful taste as well as help against disease like heart ailments, cancer, inflammation, obesity, etc. With all the demand and increasing opportunities, the demand for all-purpose seasoning is expected to increase during the forecast period.
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