Asia-Pacific Seasoning and Spices Market Trends

The growth of the processed food industry is fueling an increase in the Asia-Pacific market for spices and seasonings. There has been an increase in consumer spending owing to changing lifestyles, an increasing population of working women, increased product offerings, and penetration of retail channels on savory snacks, soups, noodles, beverages, and ready-to-eat food, particularly in China, India, and Japan. Consequently, sectors such as sauces, salads & dressings are buying more spices, which in turn, driving the market growth significantly. According to the Ministry of International Trade and Industry, In 2021, the retail value of processed foods sold at convenience stores in Japan amounted to around 3.07 trillion Japanese yen.

With western foods becoming increasingly accessible and mainstream, consumers are developing an appetite for new and exciting spices and seasonings. Moreover, increasing awareness about harmful ingredients and additives in processed food pushes consumers toward organic spices. Reasons for this increase in western cuisine include the growing multicultural population and the fact that people travel more and more to exotic destinations. As a result, the demand for spices, herbs, and seasonings used in exotic cuisine is also growing. This growing demand for western food in Asia-Pacific has led to significant growth in Asian region imports of spices, herbs, and seasonings from developing countries, boosting the growth of western cuisines in the region.