Price-Sensitive Seasonings and Spices Market Holds Limited Scope for Entry of New Players
Globalization and changing demographics have been the key drivers of the global seasonings and spices market. The rising globalization has attracted consumers from around the world towards ethnic cuisines. While this considerably fuelled the use of ethnic seasonings and spices in western food it also construes the robust expansion of the market worldwide. For instance, despite its smaller size compared to the other countries in Europe, the U.K. accounts for approximately 30% of the annual turmeric imports in the European...
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