The global Black Pepper market was valued at US$ 3250.4 million in 2022 and is projected to reach US$ 4241.7 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Black Pepper Market aims to provide a comprehensive presentation of the global market for Black Pepper, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Black Pepper. Black Pepper Market contains market size and forecasts of Black Pepper in global, including the following market information:
- Global Black Pepper Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Black Pepper Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Black Pepper companies in 2022 (%)
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Black Pepper manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Black Pepper Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Black Pepper Market Segment Percentages, by Type, 2022 (%)
Global Black Pepper Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Black Pepper Market Segment Percentages, by Application, 2022 (%)
- Foodstuff & Drinks
- Fitness Maintenance
- Private Upkeep
- Makeups
Global Black Pepper Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Black Pepper Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Black Pepper revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Black Pepper revenues share in global market, 2022 (%)
- Key companies Black Pepper sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Black Pepper sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Baria Pepper
- British Pepper and Spice
- Catch
- Everest Spices
- McCormick
- MDH
Outline of Major Chapters:
Chapter 1: Introduces the definition of Black Pepper, market overview.
Chapter 2: Global Black Pepper market size in revenue and volume.
Chapter 3: Detailed analysis of Black Pepper manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Black Pepper in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Black Pepper capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
