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Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021
  • 108 pages
  • ID: 5808172
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global black pepper market exhibited moderate growth during 2015-2020.

Black pepper, also known 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. The drupes are cooked, cleaned and dried through which black pepper oil, spirit and spice is obtained. The spirit is used in medicinal and beauty products, the oil is used to manufacture ayurvedic supplements, and the spice is used for culinary purposes. It is also rich in vitamin A and C, carotenes, flavonoids and other antioxidants which are used to cure neuralgia, scabies, stomach infections, bronchitis and vitiligo. Looking forward, the analyst expects the global black pepper market to grow at a CAGR of around 5% during 2021-2026.

A thriving food and beverage industry across the globe is the key factor driving the growth of the market. Increasing consumption of bakery and confectionery products along with ready-to-eat and fried foods has significantly enhanced the product demand. Garlic bread, cakes and chocolates are some of the key products in which black pepper is used to give a distinctive flavor. The trend of adding natural flavor enhancers to food products has also catalyzed the market growth. Additionally, the growth of the cosmetics industry is also positively impacting the black pepper market. Due to its antibacterial and antioxidant properties, it is extensively used in the manufacturing of skin care products. Moreover, there has been an increase in health consciousness and awareness about the benefits of black pepper among consumers, which has led to its incorporation in the daily diet. Black pepper oil is also used by smokers to combat the excessive smoking habit as it aids in managing the nicotine cravings. Other factors such as increasing manufacturing of essential oils, black pepper sprays and fragrances are further expected to drive the market growth.

This latest report provides a deep insight into the global black pepper market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the black pepper market in any manner.

Key Market Segmentation:
Our report has categorized the market based on product, source, form, distribution channel, application and region.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Product:
Brazilian Black Pepper
Lampang Black Pepper
Malabar Black Pepper
Sarawak Black Pepper
Talamanca Black Pepper
Tellicherry Black Pepper
Vietnamese Black Pepper

Market Breakup by Source:
Organic
Inorganic

Market Breakup by Form:
Ground Black Pepper
Rough Cracked Black Pepper
Whole Black Pepper

Market Breakup by Distribution Channel:
Offline
Online

Market Breakup by Application:
Food and Beverages
Pharmaceuticals
Personal Care
Others

Market Breakup by Region:
Vietnam
Indonesia
India
Brazil
Malaysia
Others

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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, etc.

Key Questions Answered in This Report:
How has the global black pepper market performed so far and how will it perform in the coming years?
What are the key regional markets in the global black pepper industry?
What has been the impact of COVID-19 on the global black pepper industry?
What is the breakup of the market based on the product?
What is the breakup of the market based on the source?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global black pepper industry?
What are the key driving factors and challenges in the global black pepper industry?
What is the structure of the global black pepper industry and who are the key players?
What is the degree of competition in the global black pepper industry?
What are the profit margins in the black pepper industry?

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