Global Black Pepper Market Report, History and Forecast 2013-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Black Pepper market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Black Pepper is a strong, hot-tasting, concentrated spice, equipped with dehydrated and crushed peppercorns, utilized to taste the foodstuff. It is similarly recognized as monarch of spices as it comprises ironic anti-oxidants property and additional nutrients. The extraordinary demand for pepper grants a smart marketplace opening for fresh dealers to arrive in the market.
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The black pepper market is directly influenced by the growing processed food industry. The rise in consumption of bakery products, confectionery products, and ready-to-eat and fried food in the developed economies is driving the market for the spice. The recent trend of using natural flavor enhancer has also catalyzed the growth of the global market. In the year 2013-15, the global pepper consumption is estimated at around 400,000 tons and has been increasing steadily. Increasing demand from Far East countries, which have started using more pepper in cooking, has been quite significant in driving the global black pepper market. Growth in the cosmetics industry is also directly influencing the pepper market. Due to the antioxidant and antibacterial properties of black pepper, it is often included in skin care products. As stated earlier, that the market is experiencing a major year on year increase in demand for black pepper. But unfortunately, this demand is not backed by adequate supply, which has proved to be a major restraint in this market. This is majorly due to the intensive crop losses in various parts of the world, especially in India & Brazil. Sudden climatic changes and untimely rainfall has significantly led to the fall in the yield of black pepper.
The global Black Pepper market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Black Pepper in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
British Pepper and Spice
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Foodstuff & Drinks