Black Pepper Market to Reach US$ 5.4 Billion by 2027 | Market Size, Growth and Opportunities 2022

According to IMARC Group's latest report, titled "Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global black pepper market reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2027, exhibiting a CAGR of 5.37% during 2022-2027. Black pepper is a pungent, spicy powdered spice that is produced from the pepper plant and its unripe drupes. The commodity is largely consumed as an ingredient in the culinary industry. The unripe drupes are cleaned, cooked, and dried to obtain black pepper oil, spice, and spirit. Pepper oil is used to manufacture ayurvedic supplements, whereas the spirit is used in beauty and medicinal products. Black pepper is also a rich source of carotenes, vitamin A and C, flavonoids, and antioxidants, which helps cure scabies, neuralgia, stomach infections, vitiligo, and bronchitis.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The rapidly expanding food and beverage (F&B) industry, wherein black pepper finds extensive application as a key ingredient in the preparation of various dishes, represents one of the prime factors driving the market growth. In line with this, the increasing consumer awareness regarding the health benefits of black pepper is facilitating its usage, which, in tur, is acting as another major growth-inducing factor. The market is also driven by the widespread utilization of black pepper in the manufacturing of skin care products.

Black Pepper Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global 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 on the basis of 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

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1487&flag=C

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
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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This release was published on openPR.