McCormick & Company: Leading the Spice Revolution
Market Overview
The U.S. spice and seasonings market is a substantial segment of the food industry, with a market size that was valued at approximately $4.8 billion in 2023. The market is expected to continue its growth trajectory, with a compound annual growth rate (CAGR) of around 5.5% from 2024 to 2029. This growth is fueled by several key factors, including the increasing popularity of...
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