Report Overview

Increasing demand for convenience food, rapid urbanization, lifestyle changes, rising preference for natural ingredients and flavors, and growing health awareness among people are expected to propel the expansion of Saudi Arabia Spices & Seasoning Market at a steady growth rate during the forecast period 2022 and 2028.

Saudi Arabia Spices & Seasonings Market - Industry Trends & Forecast Report, 2028

Saudi Arabia spices & seasonings market size was worth USD 284 million in 2021. During the forecast period, Saudi Arabia spices & seasonings market size is projected to grow at a CAGR of 5.7% reaching a value of USD 415.3 million by 2028. Major growth factors for Saudi Arabia spices & seasonings market include growing demand for ready meals, rapid population growth and lifestyle changes, a growing preference for natural ingredients and flavors, and an increase in health awareness. In addition, consumers' increasing inclination to purchase premium for fresh and ethnic flavors, increasing consumer preference to home cooked meals along with surging demand for local cuisines by internationals owing to their cuisine’s flavors are expected to drive the market growth. The use of ready-to-use spice mixes has expanded due to a growing choice for ready-to-cook food products by working population, as well as an increase in the number of food manufacturing units and an efficient supply chain for obtaining raw materials at reasonable prices also contribute to the market expansion. Furthermore, increasing campaigns regarding encouraging public to prefer home cooked meals to alleviate stress along with high disposable income are estimated to further expand the Saudi Arabia spices and seasonings market during the period in analysis.

Saudi Arabia Spices & Seasonings Market – Overview

Spices and seasonings are widely used to enhance flavor, scent, variety, and taste to food and beverages, as well as additives or antibacterial specialists. Food manufacturers and processors use spices and seasonings to increase the quality and taste of their products and prolong their shelf life. The soaring demand for new cuisines paving the way for exotic spices as well as growing interest in ethnic preferences is expected to boost the market expansion in Saudi Arabia. The industry's growth can also be attributed to its response to client demand for better products, comfort, and a variety of spices.

Saudi Arabia Spices & Seasonings Market

Growth Drivers

Increasing urbanization and changes in lifestyle

As the globalization spreads, the opportunity of exchanging food cultures and culinary arts also increases along with the growing rate of migration for work opportunities is influencing many cultures and eating patterns worldwide. This, in turn, is fuelling the demand for various spices and seasonings. Furthermore, the growing number of food lovers and hotels and restaurants has facilitated the availability of diverse cuisines from various regions that use a wide array of spices and seasonings. In addition, the growing use of social media has allowed experienced chefs and food experts to post a variety of recipes that can be readily prepared at home. Furthermore, the growth of the e-commerce platform has made it simpler for businesses and startups to sell their products on online platforms, resulting in better availability and visibility of new packaged spice items coupled with innovation in spice storage are propelling the growth for spacious spice cabinets among elite consumers, motivating them to test new spices and herbs. As a result, there is a soaring demand for diverse spices. It, in turn, is expected to drive the growth of Saudi Arabia spices & seasonings market during the period in analysis.

Restraints

Adulteration in spices and seasonings

Tampering of spices by adding of prohibited substances, including lead chromate, metanil yellow, chalk powder, or yellow soapstone powder, and starch, is practiced widely to boost earnings due to their similar look. In addition, adulteration reduces the quality and medicinal characteristics of spices. The rise in gastrointestinal diseases caused by spicy food consumption is another factor that could impede spice adoption, hence hindering market revenue growth to some amount during the forecast period. Spices and herbs may be contaminated by pathogens and naturally present toxins, such as mycotoxins, agrochemicals, heavy metals, unintentional pollutants, and pesticide residue beyond Maximum Residue Limits (MRLs). Consequently, all these factors may limit the overall market growth.

Impact of COVID–19 on Saudi Arabia Spices & Seasonings Market

The COVID-19 pandemic adversely affected Saudi Arabia spices & seasonings market. Government restrictions, transportation challenges, labor constraints, supplier scarcity, infrastructure outages, and import delays disrupted the industry supply chain. Furthermore, weather, water scarcity, and other factors are causing unprecedented unpredictability in spice and herb production. Shutdowns and lockdowns in spice-producing countries, such as China, India, and Vietnam, affected raw material supply and use in the foodservice industry. However, post the relaxations on the COVID-19 pandemic-related restrictions in the country could help Saudi Arabia spices & seasonings market to get back on its growth track in the coming years.

Saudi Arabia Spices & Seasonings Market

Segmental Coverage

Saudi Arabia Spices & Seasonings Market - By Product

Based on product, Saudi Arabia spices & seasoning market is segregated into Cumin, Turmeric, Pepper, Capsicum, Ginger, Cinnamon, Nutmeg & Mace, Cardamom, Coriander, and Cloves segments. The ginger segment held the highest market share in 2021

Saudi Arabia Spices & Seasonings Market - By Form

Based on form, Saudi Arabia spices & seasoning market is segregated into Whole, Crushed, and Powder segments.

Saudi Arabia Spices & Seasonings Market - By End User

Based on end user, Saudi Arabia spices and seasoning market is bifurcated into Retail and Foodservice segments.

Saudi Arabia Spices & Seasonings Market - By Application

On the basis of application, Saudi Arabia spices & seasonings market is segmented into Meat & Poultry; Snacks & Convenience Food; Soups, Sauces, and Dressings; Bakery & Confectionery; Frozen Food; Beverages; and others. The meat & poultry segment held the highest market share in 2021. The beverages segment held the second highest market share. Followed by it, the snacks & convenience food segment is expected to hold a high share in the market due to rapid urbanization, lifestyle modification, and high disposable income in developing economies resulted in increased preference to snacks and convenience food items. The bakery & confectionery segment is also expected to witness growth due to use of spices and seasonings to produce ready-to-use spice mixtures.

Competitive Landscape

Saudi Arabia Spices & Seasonings Market is fiercely competitive. Major companies in the market include Shama Food Industries, Mehran Spices & Food Industries, Heinz, McCormick & Company, and Unilever. To further enhance their market share, these players are primarily focused on the development of innovative and efficient products, new product releases, mergers and acquisitions, collaborations, partnerships, and joint ventures.

Recent Developments

• In January 2022 – Kerry Group, a leading company in food and beverages sector, opened its largest a 21,500-square foot facility in Jeddah, Saudi Arabia, to produce and supply food ingredients across the Middle East.

Scope of the Report

By Product

• Cumin

• Turmeric

• Pepper

• Capsicum

• Ginger

• Cinnamon

• Nutmeg & Mace

• Cardamom

• Coriander

• Cloves

By Form

• Whole

• Crushed

• Powder

By End User

• Retail

• Foodservice

By Application

• Meat & Poultry

• Snacks & Convenience Food

• Soups, Sauces, and Dressings

• Bakery & Confectionery

• Frozen Food

• Beverages

• Others