Black Pepper Market Price Trends 2022-2027: Size, Share, Report, Growth, Opportunity and Forecast - Digital Journal

2022-12-20 17:11:19 By : Ms. Eileen Song

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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 CAGR of 5.37% during 2022-2027. Crushed Sichuan Peppercorns

Black Pepper Market Price Trends 2022-2027: Size, Share, Report, Growth, Opportunity and Forecast - Digital Journal

Black pepper, also referred to as ground black peppercorn, represents a highly consumed commodity that is used as an ingredient in the culinary world. It is a hot-tasting, pungent powder spice that is produced from unripe drupes of the pepper plant. The drupes are cleaned, cooked, and dried, through which black pepper spirit, oil, and spice are obtained. The spirit is used in beauty and medicinal products, the oil is utilized to manufacture ayurvedic supplements, and the spice is used for culinary purposes. Black pepper is also rich in carotenes, flavonoids, vitamins A and C, and other antioxidants which are used to cure scabies, stomach infections, neuralgia, bronchitis, and vitiligo.

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The escalating product demand in cakes, garlic bread, and chocolates to give a distinctive flavor, owing to the rising consumption of bakery and confectionery products and ready-to-eat and fried foods, is among the primary factors driving the black pepper market. Besides this, the expanding food and beverage (F&B) sector across the globe and the emerging trend of adding natural taste enhancers to meals are further augmenting the market growth. Moreover, the incorporation of black pepper in the daily diet, on account of the increasing health consciousness and awareness toward its benefits among the consumers, is also catalyzing the global market. Apart from this, the elevating product requirement in manufacturing skincare items and cosmetics, owing to its antibacterial and antioxidant properties, is acting as another significant growth-inducing factor. Additionally, the growing production of essential oils, sprays, and fragrances is also stimulating the market growth. Furthermore, the inflating need for ground peppercorn among smokers to combat the excessive smoking habit, as it aids in managing the nicotine cravings, is anticipated to propel the black pepper market over the forecasted period.  

Black Pepper Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

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:

The report has segmented the global black pepper market based on product, source, form, distribution channel, application and region.

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

Key Highlights of the Report:

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.

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.

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Black Pepper Market Price Trends 2022-2027: Size, Share, Report, Growth, Opportunity and Forecast - Digital Journal

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