Market Size of Africa Spice and Herb Extracts Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.10 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Spice and Herb Extracts Market Analysis
Africa spice and herb extracts market is expected to register a CAGR of 3.1% during the forecast period (2020-2025).
- Rising food applications of spices and herbs in products such as dressings andmarinadesby food manufacturers isboosting the market growth of the ingredients in the region.
- The market is also driven by factors such as the growing number of innovative product launches, a risingnumber of consumers preferring packaged food products and increased preference for botanical or herbal flavors among consumers.
