Global Black Pepper Market Size To Hit US$ 5.5 Billion By 2028 | IMARC Group

The latest report published by IMARC Group, titled "Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

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.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/black-pepper-market/requestsample

Black Pepper Market Trends:

The increasing usage of black pepper in the food and beverage (F&B) industry, especially in processed foods, such as snacks, meat products, and sauces, represents a significant factor driving the market growth across the globe. In line with this, the rising demand for spices, including black pepper is contributing to the growth of the market. The market is also driven by the expansion of the retail sector, including supermarkets, hypermarkets, and specialty food stores, coupled with the increasing popularity of natural and organic products across the globe. In addition to this, the rising popularity of ethnic cuisines, increasing disposable incomes, and the rising interest in healthy and natural ingredients are some of the other factors creating a positive outlook for the market.

Black Pepper Market 2023-2028 Competitive Analysis and Segmentation:

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

Industry Definition and Application:

Black pepper is a spice that comes from the fruit of the black pepper plant. It is one of the most widely used and traded spices in the world, valued for its pungent flavor and aroma. Black pepper is often used in cooking, both as a seasoning and a garnish, and is also used in traditional medicine for its health benefits. It is believed to aid digestion, improve respiratory function, and have anti-inflammatory properties. Black pepper can be found in various forms, including whole peppercorns, ground pepper, and as essential oil.

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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This release was published on openPR.