KH News Desk
The widespread adoption of black pepper as an essential ingredient in the food and beverage (F&B) industry is primarily driving the black pepper market growth.
Black pepper, or peppercorn, is an aromatic, hot-tasting, small size spice produced from the unripe fruits of a green, wide-leafed, flowering vine belonging to the Piperaceae family. It is picked and processed after determining its ripeness, depending on type and strength. Black pepper is a rich source of vitamins, carotenes, flavonoids, manganese, and other antioxidants that cure neuralgia, scabies, stomach infections, bronchitis, and vitiligo. Apart from this, black pepper exhibits anti-inflammatory properties and can provide relief from colds and coughs. Consequently, it is extensively used as a spice in culinary practices for cooking various recipes, such as meats, fish, eggs, salads, and soups.
The latest report published by IMARC Group, titled “Black Pepper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the black pepper market share.
The report also includes competitor and regional analysis, and contemporary advancements in the market. The global black pepper market size reached US$ 3.9 Billion in 2021.
The widespread adoption of black pepper as an essential ingredient in the food and beverage (F&B) industry for preparing various ready-to-eat (RTE) meals and confectionery and bakery products are primarily driving the market growth. Moreover, the popularity of clean-label fast-moving consumer goods (FMCG) products and the growing consumer awareness regarding the harmful effects of synthetic additives have fueled the demand for organic and ayurvedic spices, which is favoring the market growth.
Additionally, the extensive addition of black pepper in skin and hair care products due to its antioxidant and antiseptic properties are propelling the market growth. Besides this, black pepper possesses pipeline that ensures chemoprevention, detoxification, and bioavailability of nutrients and drugs; therefore, expanding their employment in the pharmaceutical sector.
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.