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

Worldwide, Vietnam is the largest producer of pepper accounting for more than 32% of total world production followed by India and Indonesia with about more than 15% share each. Vietnam is the only country whose production is witnessing growth from the last decade while other producing countries witnessed either a drop or stagnation in output. The major benefit of Vietnam is their 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 preserve 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 the free radicals and thus help to prevent cancer, cardiovascular diseases and liver problems.

Pepper Market

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 the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on types, applications and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading pepper manufacturers, their SCOT (Strength, 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 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 the 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 above mentioned factors.

The global pepper market can be categorized on the basis of applications as:

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

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

Pepper Market

Health care is another major segment for pepper. Peppers contain capsaicin, substance which 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 to cancer cure, weight loss, to cure cough, improve digestion and other diseases.  Also, pepper is used in many different forms. Some of the value-added products that have been developed consist 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 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 as per 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 increase in meat consumption is escalating the demand of spices and particularly for pepper. In Asia Pacific region China, India, and Japan are the major consumer of pepper. China is a pepper producing country but their domestic demand has surpassed their production ability during the past few years, therefore China has to rely on imports. India at times also needs to import pepper to meet their domestic needs. Globally, Vietnam, India and Indonesia are the leading producer of black pepper. Vietnam has benefited most from the growing market.

Rest of the World (RoW) is another lucrative market for pepper. Countries such as Egypt, Brazil, Saudi Arabia, and United Arab Emirates among others provide huge market potential for the vendors. In 2014, Southeast Asia (SEA) was the major supplier of pepper to the Europe, accounted 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.

Pepper Market

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Published Date:  Aug 2016
Category:  Food & Beverage
Report ID:   58034
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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