Black Pepper Market Size 2022-2027: Global Industry Trends, Share, Growth, Opportunity and Forecast

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 strong spice and seasoning that is widely characterized by a hot and pungent taste. It is produced from the dried and ground peppercorns that are obtained from a flowering vine belonging to the family Piperaceae. It is popularly utilized as a major ingredient in the preparation of various dishes and cuisines. It is a rich source of antioxidants, flavonoids, carotenes, and vitamins A and C. Consequently, its consumption aids in lowering cholesterol levels, regulating digestion and maintaining blood sugar levels. Apart from this, black pepper is also characterized by antioxidant, anti-inflammatory and antimicrobial properties.


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 global black pepper market is majorly driven by significant growth in the food and beverages sector. With the increasing sales of ready-to-eat and convenience foods across the globe, there has been a considerable uptake of black pepper across the sector. This is further supported by the inflating disposable income levels of the masses and their shifting dietary preferences. Moreover, black pepper is increasingly being used in the formulation of numerous skincare products. Due to the widespread preference for organic skincare products across the globe, this is creating a positive outlook for the market. Some of the other factors contributing to the market growth include the growing awareness regarding the health benefits offered by the consumption of black pepper, the launch of innovative packaging solutions that enable users to freshly grind peppercorns in a convenient manner and easy product availability across the online and offline retail channels.


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


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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.

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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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This release was published on openPR.