Pepper Market By Product (Black, White, Green), By Application (Food & beverages, Health care, Personal care & cosmetics, Others) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

During the last decade, the global availability of pepper has increased substantially. There are three types of pepper: black, white, and green. The two main types of peppers sold are black and white. Black peppercorns are dried, ripe berries of the Piper nigrum plant, while white peppercorns are dehusked berries. Green peppers are preserved in brine or vinegar and are sometimes sold as a delicacy.

Worldwide, Vietnam is the largest pepper producer, accounting for more than 32% of total world production, followed by India and Indonesia, with about a 15% share each. Vietnam is the only country whose production has grown over the last decade, while other producing countries witnessed either a drop or stagnation in output. The major benefit of Vietnam is its vast production and the highest productivity across the world. India and Indonesia are the largest importers of pepper, followed by China and Malaysia.

Pepper, due to its antibacterial properties, is used to preserving food. It is a rich source of various nutrients such as iron, vitamin C, manganese, vitamin K, potassium, and dietary fiber. Black pepper is also an excellent anti-inflammatory agent. An antioxidant like pepper can prevent or repair the damage caused by free radicals and thus help to prevent cancer, cardiovascular diseases, and liver problems.

The report titled "Global Pepper Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" offers strategic insights into the global pepper market along with the market size and estimates for 2013–2023. The said research study covers an in-depth analysis of multiple market segments based on types, applications and a cross-sectional study across different geographies. In addition, the study covers the comparative analysis of different segments for the years 2015 and 2023. The report also provides a prolific view of market dynamics such as market drivers, restraints, and opportunities.

To help the strategic decision-makers, the report also includes profiles of the leading pepper manufacturers, their SCOT (Strengths, Challenges, Opportunities, and Weaknesses) analysis, and key developments. The major players profiled in the report are Baria Pepper, Catch, Everest Spices, Akar Indo, British Pepper and Spice, McCormick, MDH, DM AGRO, Visimex, and Brazil Trade Business. Further, the report also covers the market positioning of the key players operating in the pepper market.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the pepper industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2013–2014)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global pepper market, offering market size and estimates for the period from 2015 to 2023, keeping in mind the abovementioned factors.

Based on product type, the pepper market is categorized into the following segments:

  • Black
  • White
  • Green

Pepper is known as the "king of spices." Green, black, and white peppercorns all come from the same plant. They grow in clusters, such as grapes, and are harvested at various growth stages. Green peppercorns contain a mild flavor and are picked when they are very young. The black peppercorns are left on the plant to mature completely and develop a stronger flavor profile. It contains various nutrients such as manganese, vitamin K, and calcium. White peppercorns consist of only the inner seed of the black pepper berry, with the pericarp removed. The white peppercorn contains an additional strong flavor with a slightly fermented smell and taste.

Black and white pepper account for more than 90% of the global pepper market. Black pepper is the world's most traded spice. The market for black pepper is witnessing growth on the back of increasing demand from various end-user industries, such as processed food, ready-to-eat food, bakery products, and personal care products. The market for white pepper is projected to grow at a CAGR of 4.2% in terms of volume during the forecast period of 2016 to 2023. White pepper is mostly used in Europe, particularly France, and is also popular in Japan.

The global pepper market can be categorized based on applications as follows:

  • Food & beverages
  • Health care
  • Personal care and cosmetics
  • Others

Unlike in the past, pepper is used in many ways today. Apart from its use in food, it also finds applications in preparing traditional and modern medicines, perfumes, nutraceuticals, and other products. In 2015, the food and beverage segment accounted for more than 45% of the global pepper market in value. It is projected to maintain its dominance during the forecast period. Due to its antioxidant and antibacterial properties, pepper is often used in skincare products. The personal care and cosmetics segment is projected to witness the fastest growth rate during the forecast period of 2016 to 2023.

Health care is another major segment for pepper. Peppers contain capsaicin, a substance that generates heat. This fundamental property of pepper is utilized by using it in pain-relieving gels and sprays. The capsaicin in the pepper also has anti-inflammatory properties. It is, therefore, extremely beneficial for cancer cure, weight loss, cough cure, digestion improvement, and other diseases. Also, pepper is used in many different forms. Some of the value-added products that have been developed consisting of pepper oil, pepper oleoresin, dehydrated green pepper, and freeze-dried pepper and green pepper in brine. Most of these products have helped to provide a new significance to pepper by creating new uses, both in non-food and food applications.

On the basis of geography, the global pepper market is segmented into the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • EU7
  • CIS
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Australasia
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa
  • Latin America

In 2015, Asia Pacific accounted for 40% of global pepper consumption. With rising income, changing food patterns, and an increase in meat consumption, the demand for spices is escalating, particularly for pepper. In the Asia Pacific region, China, India, and Japan are the major consumers of pepper. China is a pepper-producing country, but its domestic demand has exceeded its production ability during the past few years, so China has to rely on imports. At times, India also needs to import pepper to meet its domestic needs. Globally, Vietnam, India, and Indonesia are the leading producers of black pepper. Vietnam has benefited most from the growing market.

The rest of the world (RoW) is another lucrative market for pepper. Countries such as Egypt, Brazil, Saudi Arabia, and the United Arab Emirates, among others, provide a huge market potential for vendors. In 2014, Southeast Asia (SEA) was the major supplier of pepper to Europe, accounting for more than 60% of the total imported volume. The Europe market is projected to grow at a CAGR of 3.9% from 2016 to 2023 in terms of volume.

Frequently Asked Questions:

The market for Pepper Market is expected to reach US$ 3,676.3 Mn In 2022.

The Pepper Market is expected to see significant CAGR growth over the coming years, at XX%

The report is forecasted from 2015 To 2022.

The base year of this report is 2014.

Baria Pepper, Catch, Everest Spices, Akar Indo, British Pepper and Spice, McCormick, MDH, DM AGRO, Visimex, and Brazil Trade Business. are some of the major players in the global market.

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Published Date:  Aug 2016
Category:  Food & Beverage
Report ID:   58034
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
Delivery Time: 24 Hours to 48 Hours   
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