According to the latest report by IMARC Group, titled “Black Pepper Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2021-2026”, the global black pepper market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 5% during the next five years (2021-2026).
Black pepper is a widely used ingredient in various culinary practices across the globe. It is an intense, hot, and spicy powder produced from unripe drupes of the pepper plant. The drupes are cleaned and dried through which black pepper oil, spirit and spice are procured. The spirit is utilized in medicinal and beauty products, the oil is adopted to produce ayurvedic medicines, and the spice is used for numerous culinary purposes. Black pepper is rich in vitamin A and C, carotenes, flavonoids, and other antioxidants, which help to cure neuralgia, scabies, stomach infections, and bronchitis.
The expanding food and beverage industry across the globe is primarily driving the black pepper market growth. Increasing consumer preferences towards ready-to-eat, fried, and processed food products have significantly escalated the demand for black pepper. Furthermore, the growing adoption of black pepper in skincare products based on its antibacterial and antioxidant properties is also propelling the global market. Additionally, the rising utilization of black pepper for manufacturing essential oils, black pepper sprays, and fragrances, is further expected to drive the black pepper market growth in the coming years.
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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.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Drivers and Success Factors
- Historical, Current and Future Trends
- The Impact of COVID-19 on the Global Market
- Structure of the Global Market
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Global Black Pepper Market 2021-2026 Segmentation and Competitive Analysis:
The report has segmented the black pepper market on the basis of product, source, form, distribution channel, application and region.
- 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:
- Market Breakup by Form:
- Ground Black Pepper
- Rough Cracked Black Pepper
- Whole Black Pepper
- Market Breakup by Distribution Channel:
- Market Breakup by Application:
- Food and Beverages
- Personal Care
- Market Breakup by Region:
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
- British Pepper and Spice
- Indian Valley Foods Pvt. Ltd.
- Everest Spices
- Vietnam Spice Company
- Webb James
- Olam International Limited
- Brazil Trade Business
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