Dublin, May 02, 2024 (GLOBE NEWSWIRE) -- The "Global Cajun Seasoning Market Size, Share & Trends Analysis Report By Sales Channel (Store Based Retailing, and Non Store Based Retail), By Seasonings (Salt & Pepper, Herbs & Spices, Blends, and Others), By Application By Regional Outlook and Forecast, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Cajun Seasoning Market size is expected to reach $423.6 million by 2030, rising at a market growth of 5.2% CAGR during the forecast period.
The snacks and convenience food segment captured $97.8 million revenue in the market in 2022. The versatility of cajun seasoning allows for experimentation with a wide range of snack items, including chips, nuts, popcorn, pretzels, and crackers, creating exciting flavor combinations that appeal to consumers seeking bold and indulgent snack experiences.
The herb and spice blend that constitutes Cajun seasoning is renowned for its complexity and the multidimensional flavor profile it produces. Ingredients such as paprika, garlic, cayenne pepper, thyme, and other spices contribute to a harmonious balance of heat, smokiness, and savory notes, appealing to consumers who appreciate the depth and complexity of their food. Thus, these aspects can boost their demand in the upcoming years.
Additionally, cajun cuisine has gained international exposure through various channels, including travel, food media, and cultural exchanges. As people experience cajun dishes during their travels or through television shows, cooking blogs, and social media, they develop a taste for the bold and flavorful dishes associated with cajun cooking. Thus, these factors can assist in the growth of the market.
However, cajun seasoning blends typically incorporate a variety of ingredients sourced from different regions, including spices, herbs, and peppers. Climate change can disrupt agricultural production and harvest cycles, leading to fluctuations in the availability and quality of key ingredients. Thus, these factors can lead to reduced demand in the market.
By Sales Channel Analysis
Based on sales channel, the market is divided into store based retailing and non store based retail. In 2022, the store based retailing segment witnessed 83.6% revenue share in the market. Supermarkets and hypermarkets, in particular, offer a diverse selection of cajun seasoning brands and variants, catering to different tastes and preferences.
By Seasonings Analysis
Based on seasonings, the market is segmented into salt & pepper, herbs & spices, blends, and others. In 2022, the herbs and spices segment garnered 34.5% revenue share in the market. The growing popularity of home cooking and DIY culinary experiences has fueled demand for high-quality herbs and spices as consumers look to elevate their homemade meals with authentic and flavorful ingredients.
By Application Analysis
On the basis of application, the market is divided into snacks & convenience food, meat & poultry products, sauces, bakery & confectionery, frozen products, and others. The sauce segment procured 11.1% growth rate in the market in 2022. Ready-to-use cajun sauces provide consumers convenient and time-saving options for adding flavor to their meals.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The North America segment procured 36.4% revenue share in the market in 2022. North American consumers have shown a growing interest in exploring diverse flavor profiles and culinary traditions, seeking authentic and immersive dining experiences.
List of Key Companies Profiled
- Royal Nut Company
- McCormick & Company, Inc.
- The Kraft Heinz Company
- Olam Group Limited
- ROSE HILL Foods Inc.
- Mars, Inc.
- Wingreens Farms Private Limited
- Keya Foods International Pvt. Ltd.
- Naturesmith Foods LLP
- Ball's Cajun Foods, Inc.
Market Segmentation
By Sales Channel
- Store-based Retailing
- Non Store-based Retail
By Seasonings
- Salt & Pepper
- Herbs & Spices
- Blends
- Others
By Application
- Snacks & Convenience Food
- Bakery & Confectionery
- Meat & Poultry Products
- Sauces
- Frozen Products
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
For more information about this report visit https://www.researchandmarkets.com/r/d9j3u9
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