Press release
Black Pepper Market: Global Industry Overview, Size (US$ 5.4 Billion), Share, Growth (CAGR of 5.37%), Top Companies Analysis and Research Report 2022-2027
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 size reached US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.37% during 2022-2027.Black Pepper Market Trends:
The expanding food and beverage (F&B) industry and the widespread adoption of bakery and confectionery products are primarily driving the black pepper market. Additionally, the escalating demand for ready-to-eat and fried food items is further catalyzing the market growth. Besides this, the increasing utilization of black pepper in garlic bread, cakes, chocolates, etc., to give them a distinctive flavor and the growing manufacturing of essential oils are acting as significant growth-inducing factors. Moreover, the rising consumer awareness towards the benefits of consuming black pepper and easy product availability across the online as well as offline retail channels are positively influencing the global market. Apart from this, the introduction of innovative packaging solutions that enable users to freshly grind peppercorns in a convenient manner is anticipated to fuel the black pepper market over the forecasted period.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/black-pepper-market/requestsample
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
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
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=1487&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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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IMARC Group
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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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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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