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CLEVELAND, Jan. 4, 2022 /PRNewswire/ -- A new Freedonia Group analysis forecasts demand for packaging in the spices, dry mixes, and extracts market is forecast to grow 2.4% per year to $1.1 billion in 2025 as demand comes off of a high 2020 base due to the surge in at-home grocery sales during the COVID-19 pandemic. Functionality, sustainability, and shelf appeal will continue to be key factors in the choice of packaging in this market, with formats made from plastic continuing to edge out other materials in most cases.
Plastic Bottles to Experience the Largest Gains as Manufacturers Transition from Old Formats
McCormick and Morton – the biggest spice and salt suppliers, respectively – have begun transitioning away from metal and paperboard canisters toward plastic bottles, which are lighter and easier to recycle:
Sustainability Will Create Opportunities for Paper & Glass Containers, Too
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Through 2025, opportunities will also exist for paper and glass container manufacturers as they continue to develop new products positioned as more sustainable or with more visual appeal than plastic. For example:
Want to Learn More?
Spices, Dry Mixes, & Extracts Packaging is now available from the Freedonia Group. This study provides historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 for spice, dry mix, and extract packaging demand by value in current dollars (including inflation) by application and product.
Applications:
Products:
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
More on Ohio Pen
Press Contact:
Corinne Gangloff
+1 440.842.2400
[email protected]
SOURCE The Freedonia Group
Plastic Bottles to Experience the Largest Gains as Manufacturers Transition from Old Formats
McCormick and Morton – the biggest spice and salt suppliers, respectively – have begun transitioning away from metal and paperboard canisters toward plastic bottles, which are lighter and easier to recycle:
- In Morton's case, the bottles feature a plethora of convenience features and are designed to have increased shelf appeal. They are also transparent, allowing consumers to see the salt inside and gauge how much is left.
- McCormick has used plastic canisters in many of its products for some time and has moved away from metal for iconic brands like Old Bay, in part to increase sustainability of these high-volume products. The company has also pledged to decrease the environmental impact of its plastic packaging by using more recycled content in its creation and ensuring that the containers can be reused or recycled by 2025.
Sustainability Will Create Opportunities for Paper & Glass Containers, Too
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Through 2025, opportunities will also exist for paper and glass container manufacturers as they continue to develop new products positioned as more sustainable or with more visual appeal than plastic. For example:
- The Spice House, an online retailer, introduced spice flatpacks, which are paper pouches that contain the same amount of spice as standard jars (1/2 cup) but take up less space in the kitchen and are less material intensive than plastic or glass.
- In 2018, The Spice Lab – a seller of artisanal salts and premium and organic spices and seasonings – introduced new, tall, glass grinder jars, measuring 5.75 inches, advertised as eliminating concerns about plastic shavings getting into ground spices.
Want to Learn More?
Spices, Dry Mixes, & Extracts Packaging is now available from the Freedonia Group. This study provides historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 for spice, dry mix, and extract packaging demand by value in current dollars (including inflation) by application and product.
Applications:
- dip and dressing mixes
- dry seasoning mixes
- flavoring extracts and food colors
- salt and seasoned salt, including salt substitutes
- other dry mixes (e.g., sauce mixes, spices and herbs such as black pepper, turmeric, thyme, and spice blends)
Products:
- bottles and jars
- pouches and bags
- boxes and cartons
- canisters
- other packaging such as tubs and pails
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
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Press Contact:
Corinne Gangloff
+1 440.842.2400
[email protected]
SOURCE The Freedonia Group
Filed Under: Business
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