Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Spices and Seasonings market in this environment.
In terms of revenue, this research report indicated that the global Spices and Seasonings market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Spices and Seasonings industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ?McCormick & Company aims at producing XX Spices and Seasonings in 2020, with XX % production to take place in global market, ? ? Ajinomoto Co., Inc. accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Spices and Seasonings Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Spices and Seasonings Market?
McCormick & Company
Ajinomoto Co., Inc.
Everest Spices
MDH Spices
Ariake Japan
Baria Pepper
British Pepper & Spice Co. Ltd (SHS Group)
Olam International
Catch (DS Group)
Bart Ingredients
...
Major Type of Spices and Seasonings Covered in XYZResearch report:
Hot Spices
Aromatic Spices
Other
Application Segments Covered in XYZResearch Market
Food Processing Industry
Catering Industry
Household
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Spices and Seasonings Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Hot Spices -Product Introduction and Major Manufacturers
1.1.2 Aromatic Spices -Product Introduction and Major Manufacturers
1.1.3 Other -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Spices and Seasonings Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Spices and Seasonings Market
3.1.1 Top Companies leading Spices and Seasonings Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Spices and Seasonings Market
3.2.1 Top Companies leading Spices and Seasonings Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Spices and Seasonings Market
3.3.1 Top Companies leading Spices and Seasonings Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Spices and Seasonings Market
3.4.1 Top Companies leading Spices and Seasonings Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Spices and Seasonings Market
3.5.1 Top Companies leading Spices and Seasonings Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Spices and Seasonings Market
3.6.1 Top Companies leading Spices and Seasonings Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Spices and Seasonings Market
3.7.1 Top Companies leading Spices and Seasonings Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Spices and Seasonings Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Spices and Seasonings Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Spices and Seasonings Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Spices and Seasonings Sales and Growth Rate (2021-2026)
5.2 Global Spices and Seasonings Sales Value and Growth Rate (2021-2026)
6 Spices and Seasonings Competitive Analysis
6.1 McCormick & Company
6.1.1 McCormick & Company Company Profiles
6.1.2 McCormick & Company Product Introduction
6.1.3 McCormick & Company Spices and Seasonings Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Ajinomoto Co., Inc.
6.2.1 Ajinomoto Co., Inc. Company Profiles
6.2.2 Ajinomoto Co., Inc. Product Introduction
6.2.3 Ajinomoto Co., Inc. Spices and Seasonings Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Everest Spices
6.3.1 Everest Spices Company Profiles
6.3.2 Everest Spices Product Introduction
6.3.3 Everest Spices Spices and Seasonings Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 MDH Spices
6.4.1 MDH Spices Company Profiles
6.4.2 MDH Spices Product Introduction
6.4.3 MDH Spices Spices and Seasonings Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Ariake Japan
6.5.1 Ariake Japan Company Profiles
6.5.2 Ariake Japan Product Introduction
6.5.3 Ariake Japan Spices and Seasonings Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Baria Pepper
6.6.1 Baria Pepper Company Profiles
6.6.2 Baria Pepper Product Introduction
6.6.3 Baria Pepper Spices and Seasonings Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 British Pepper & Spice Co. Ltd (SHS Group)
6.7.1 British Pepper & Spice Co. Ltd (SHS Group) Company Profiles
6.7.2 British Pepper & Spice Co. Ltd (SHS Group) Product Introduction
6.7.3 British Pepper & Spice Co. Ltd (SHS Group) Spices and Seasonings Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Olam International
6.8.1 Olam International Company Profiles
6.8.2 Olam International Product Introduction
6.8.3 Olam International Spices and Seasonings Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Catch (DS Group)
6.9.1 Catch (DS Group) Company Profiles
6.9.2 Catch (DS Group) Product Introduction
6.9.3 Catch (DS Group) Spices and Seasonings Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Bart Ingredients
6.10.1 Bart Ingredients Company Profiles
6.10.2 Bart Ingredients Product Introduction
6.10.3 Bart Ingredients Spices and Seasonings Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion
This report gives an insight into the global Spices And Seasonings Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall market...
This report gives an insight into the global Spices Market and predicts the future growth prospects and the trends that may exhibit in the market during the period of 2023-2030. The future growth has been calculated by taking into account the present growth rate and the overall market size. We have...
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