Key Market Indicators
British spice consumption is projected to climb to 72,000 metric tons by 2028, up from an estimated 71,000 metric tons in 2023. This marks a modest annual growth rate of 0.3%. Since 2019, the demand for spices in the UK has held steady. In the global ranking of spice consumption, Bangladesh, Indonesia, and Thailand occupy the second, third, and fourth spots, respectively.
