The global spicy trip market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for spicy food and beverages across the globe. The increasing number of people suffering from heart diseases and diabetes has also led to an increase in demand for spicy food items that are low in calories and high in nutrients. Moreover, the growing popularity of ethnic cuisines such as Mexican, Indian, Thai, Chinese, etc, has also contributed to this growth.
Original Taste: The original taste segment accounted for a share of over 50% in 2018 owing to its wide acceptance among consumers across all age groups. This segment is expected to grow at a CAGR of 7% during the forecast period owing to its wide acceptance among consumers across all age groups and regions.
Spicy And Hot Taste: The spicier taste segment accounted for a share of over 30% in 2018 owing to its popularity among teenagers and adults who prefer more spice than original taste products offer them. This segment is expected to grow at a CAGR of 8% during the forecast period owing mainly due increased preference for spicier foods among teenagers and adults who prefer more spice than original taste products offer them as well as due increased preference for ethnic cuisines such as Mexican, Indian, Thai etc, which are usually spicier than other cuisines like Italian or French cuisine which have less spices used while cooking dishes or making sauces or dressings with these ingredients.
- The market is growing due to the increase in the number of people who are interested in trying new foods and flavors.
- The market is growing due to an increased interest from millennials, which has been attributed to their desire for more authentic experiences.
Industry Growth Insights published a new data on “Spicy Trip Market”. The research report is titled “Spicy Trip Market research by Types (Original Taste, Spicy and Hot Taste, Pungent and Hot Taste, Other Taste), By Applications (Child, Teenager, Adult), By Players/Companies Luohe Pingping Foodstuff, Xiangyu Food, Three Squirrels, Liangpinpuzi, Hunan Yufeng Foodstuff Industry, Wanghui, Xiange, Gege, Fantianwa, Koushuiwa”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spicy Trip Market Research Report
By Type
Original Taste, Spicy and Hot Taste, Pungent and Hot Taste, Other Taste
By Application
Child, Teenager, Adult
By Companies
Luohe Pingping Foodstuff, Xiangyu Food, Three Squirrels, Liangpinpuzi, Hunan Yufeng Foodstuff Industry, Wanghui, Xiange, Gege, Fantianwa, Koushuiwa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Spicy Trip Market Report Segments:
The global Spicy Trip market is segmented on the basis of:
Types
Original Taste, Spicy and Hot Taste, Pungent and Hot Taste, Other Taste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Child, Teenager, Adult
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luohe Pingping Foodstuff
- Xiangyu Food
- Three Squirrels
- Liangpinpuzi
- Hunan Yufeng Foodstuff Industry
- Wanghui
- Xiange
- Gege
- Fantianwa
- Koushuiwa
Highlights of The Spicy Trip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Original Taste
- Spicy and Hot Taste
- Pungent and Hot Taste
- Other Taste
- By Application:
- Child
- Teenager
- Adult
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spicy Trip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spicy Trip is a mobile app that helps you find the best food and drink in your city. It uses data from Yelp, Foursquare, and Zomato to recommend places to eat and drink.
Some of the major players in the spicy trip market are Luohe Pingping Foodstuff, Xiangyu Food, Three Squirrels, Liangpinpuzi, Hunan Yufeng Foodstuff Industry, Wanghui, Xiange, Gege, Fantianwa, Koushuiwa.
The spicy trip market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spicy Trip Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spicy Trip Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spicy Trip Market - Supply Chain
4.5. Global Spicy Trip Market Forecast
4.5.1. Spicy Trip Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spicy Trip Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spicy Trip Market Absolute $ Opportunity
5. Global Spicy Trip Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spicy Trip Market Size and Volume Forecast by Type
5.3.1. Original Taste
5.3.2. Spicy and Hot Taste
5.3.3. Pungent and Hot Taste
5.3.4. Other Taste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spicy Trip Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spicy Trip Market Size and Volume Forecast by Application
6.3.1. Child
6.3.2. Teenager
6.3.3. Adult
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spicy Trip Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spicy Trip Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spicy Trip Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spicy Trip Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spicy Trip Demand Share Forecast, 2019-2026
9. North America Spicy Trip Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spicy Trip Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spicy Trip Market Size and Volume Forecast by Application
9.4.1. Child
9.4.2. Teenager
9.4.3. Adult
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spicy Trip Market Size and Volume Forecast by Type
9.7.1. Original Taste
9.7.2. Spicy and Hot Taste
9.7.3. Pungent and Hot Taste
9.7.4. Other Taste
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spicy Trip Demand Share Forecast, 2019-2026
10. Latin America Spicy Trip Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spicy Trip Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spicy Trip Market Size and Volume Forecast by Application
10.4.1. Child
10.4.2. Teenager
10.4.3. Adult
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spicy Trip Market Size and Volume Forecast by Type
10.7.1. Original Taste
10.7.2. Spicy and Hot Taste
10.7.3. Pungent and Hot Taste
10.7.4. Other Taste
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spicy Trip Demand Share Forecast, 2019-2026
11. Europe Spicy Trip Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spicy Trip Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spicy Trip Market Size and Volume Forecast by Application
11.4.1. Child
11.4.2. Teenager
11.4.3. Adult
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spicy Trip Market Size and Volume Forecast by Type
11.7.1. Original Taste
11.7.2. Spicy and Hot Taste
11.7.3. Pungent and Hot Taste
11.7.4. Other Taste
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentia Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spicy Trip Demand Share, 2019-2026
12. Asia Pacific Spicy Trip Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spicy Trip Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spicy Trip Market Size and Volume Forecast by Application
12.4.1. Child
12.4.2. Teenager
12.4.3. Adult
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spicy Trip Market Size and Volume Forecast by Type
12.7.1. Original Taste
12.7.2. Spicy and Hot Taste
12.7.3. Pungent and Hot Taste
12.7.4. Other Taste
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spicy Trip Demand Share, 2019-2026
13. Middle East & Africa Spicy Trip Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spicy Trip Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spicy Trip Market Size and Volume Forecast by Application
13.4.1. Child
13.4.2. Teenager
13.4.3. Adult
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spicy Trip Market Size and Volume Forecast by Type
13.7.1. Original Taste
13.7.2. Spicy and Hot Taste
13.7.3. Pungent and Hot Taste
13.7.4. Other Taste
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spicy Trip Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spicy Trip Market: Market Share Analysis
14.2. Spicy Trip Distributors and Customers
14.3. Spicy Trip Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Luohe Pingping Foodstuff
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xiangyu Food
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Three Squirrels
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Liangpinpuzi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hunan Yufeng Foodstuff Industry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wanghui
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xiange
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gege
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fantianwa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Koushuiwa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
