According to the latest report by IMARC Group, titled “Black Pepper Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2021-2026”, the global black pepper market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 5% during the next five years (2021-2026).
Black pepper is a widely used ingredient in various culinary practices across the globe. It is an intense, hot, and spicy powder produced from unripe drupes of the pepper plant. The drupes are cleaned and dried through which black pepper oil, spirit and spice are procured. The spirit is utilized in medicinal and beauty products, the oil is adopted to produce ayurvedic medicines, and the spice is used for numerous culinary purposes. Black pepper is rich in vitamin A and C, carotenes, flavonoids, and other antioxidants, which help to cure neuralgia, scabies, stomach infections, and bronchitis.
The expanding food and beverage industry across the globe is primarily driving the black pepper market growth. Increasing consumer preferences towards ready-to-eat, fried, and processed food products have significantly escalated the demand for black pepper. Furthermore, the growing adoption of black pepper in skincare products based on its antibacterial and antioxidant properties is also propelling the global market. Additionally, the rising utilization of black pepper for manufacturing essential oils, black pepper sprays, and fragrances, is further expected to drive the black pepper market growth in the coming years.
Get a PDF sample for more detailed market insights: https://www.imarcgroup.com/black-pepper-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Black Pepper Market 2021-2026 Segmentation and Competitive Analysis:
The report has segmented the black pepper market on the basis of product, source, form, distribution channel, application and region.
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:
Explore full report with table of contents: https://www.imarcgroup.com/black-pepper-market
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.
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
Browse Related Reports:
Body Scrub Market Report: https://www.imarcgroup.com/body-scrub-market
Lipstick Market Report: https://www.imarcgroup.com/lipstick-market
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.