US herbs, spices and seasonings market to exceed $3bn despite muted average volume growth
At-home cooking has increased post-Covid helped by cost-of-living crunch.
Value ($m)
Five-year CAGR (%)
Volume (KgM)
Five-year CAGR
2019
2,267.54
3.33
416.47
0.69
2020
2,346.82
3.4
418.8
0.53
2021
2,485.52
4.01
422.58
0.62
2022
2,614.42
4.37
425.84
0.72
2023
2,730.58
4.52
426.65
0.66
2024
2,926.56
5.24
435.71
0.91
2025
3,030.73
5.25
437.56
0.88
2026
3,146.09
4.83
439.97
0.81
2027
3,313.57
4.85
442.96
0.79
2028
3,448.83
4.78
445.32
0.86
GlobalData