The spices market in China shows a steady per capita consumption forecast from 2024 to 2028, maintaining at 0.28 kilograms after a slight decrease from 0.29 kg in 2024. In 2023, the volume stood slightly higher at 0.30 kg per capita. This indicates a year-on-year decline of around 3.3% for 2025, with stable projections thereafter. The compound annual growth rate (CAGR) over the five-year period suggests negligible overall growth, hinting at a plateauing trend.
Future trends to watch include:
- Dietary shifts toward healthier options that might diversify spice consumption.
- Potential impact of economic conditions on consumer spending in the food category.
- Emerging culinary trends and globalization of cuisines that may affect spice preferences.