According to IMARC Group’s latest report, titled “Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global black pepper market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Black pepper, also called as ground black peppercorn, is a highly consumed commodity that is used as an ingredient in the culinary world. It is a pungent, hot-tasting powder spice that is produced from unripe drupes of the pepper plant.
Black pepper is also rich in vitamins A and C, carotenes, flavonoids, and other antioxidants, which are utilized to cure neuralgia, scabies, stomach infections, bronchitis, and vitiligo. Consequently, it is extensively used in pharmaceuticals, personal care, and others.
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Market Trends:
The expanding food and beverage (F&B) sector across the globe is primarily augmenting the black pepper market. Furthermore, the increasing consumption of bakery and confectionery items and ready-to-eat and fried foods among consumers is positively influencing the global market. Apart from this, the escalating demand for the product to give a distinctive flavor in garlic bread, cakes, chocolates, etc., is acting as another significant growth-inducing factor.
Moreover, the emerging trend of adding natural flavor enhancers to food items is also bolstering the market growth. Besides this, the growing cosmetics sector is further catalyzing the global market. Additionally, the widespread adoption of black pepper in the manufacturing of skincare items, on account of its antibacterial and antioxidant properties, is also driving the market growth.
The rising health consciousness and awareness among the masses about the benefits of the item, which has led to its incorporation into the daily diet, are further fueling the global market. Furthermore, the elevating demand for the product among smokers to combat the excessive smoking habit, as it aids in managing the nicotine cravings, is expected to drive the black pepper market in the coming years.
Competitive Landscape With Key Players:
The competitive landscape of the black pepper market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Baria Pepper
- McCormick
- Everest Spices
- Olam International Limited
- British Pepper and Spice
- Catch
- MDH
- Vietnam Spice Company
- Agrifood Pacific
- Webb James
- Brazil Trade Business
- Visimex
- Indian Valley Foods Pvt. Ltd.
- DM AGRO
- Pacific Production
Key Market Segmentation:
The report has segmented the global black pepper market based on product, source, form, distribution channel, application and region.
Breakup by Product:
- Brazilian Black Pepper
- Lampang Black Pepper
- Malabar Black Pepper
- Sarawak Black Pepper
- Talamanca Black Pepper
- Tellicherry Black Pepper
- Vietnamese Black Pepper
Breakup by Source:
- Organic
- Inorganic
Breakup by Form:
- Ground Black Pepper
- Rough Cracked Black Pepper
- Whole Black Pepper
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Application:
- Food and Beverages
- Pharmaceuticals
- Personal Care
- Others
Breakup by Region:
- Vietnam
- Indonesia
- India
- Brazil
- Malaysia
- Others
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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