Spices

The global market for seasonings, spices and herbs is likely to exceed US$6.5 billion per year in the near future. Supported by the growing demand in food service, home cooking and growing consumer fascination for different cuisines, the total flavouring markets maintain an upward trend in volumes and values. But, the numerous different spices and herbs, origins and markets, all have their own supply and demand dynamics. Each is subject to the disparate production environments in assorted origins, to trends in global trade conditions and to the whims of demand in distant markets.