According to MarkNtel Advisors, the Global Spices and Seasonings Market is expected to grow at a CAGR of around 5.1% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the paradigm shift in consumer taste preferences, mounting popularity of ethnic cuisines, as well as globalization, i.e., portraying the increasing penetration of indigenous spices & seasoning products worldwide.
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Seasonings & spices are derived from different flowers, barks, fruits, buds, seeds, leaves, roots, & plant tops and are used most commonly in various food & beverages for enhanced flavor, aroma, color, & taste. The world is witnessing the accelerating use of spices & herbal extracts in traditional treatments owing to their anti-inflammatory properties, i.e., promoting the overall industry growth.
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Adverse Effects of Excessive Spice Consumption – Excessive spice consumption has proved to bring several negative effects on human health, majorly digestive issues like heartburn or acid reflux, i.e., produced by spicy meals containing capsaicin that slows digestion rate and increases the chances of heartburn. Another digestive problem induced by spicy foods is stomach or intestinal inflammation, which might result in a laxative effect or nausea, vomiting, & fullness in one’s upper abdomen. Hence, the harmful effects of excessive spice consumption are likely to hamper the growth of the Global Spices and Seasonings Market through 2028.
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