Black pepper is type of spice commonly used for flavoring and seasoning in various cuisines. It is a native spice from southern India. It is a fruit of a flowering vine of piperaceae family. Major factor driving growth of the global black pepper market is increasing demand for black pepper in food & beverages sector.
The global black pepper market report has been segmented on the basis of form, type, application, and region. On the basis of form, the market is segmented into ground, roughly cracked, and black pepper essential oil. The ground segment dominates the global market and is expected maintain its position over the forecast period, owing to its high usage in food & beverages sector. On the basis of type, the market is segmented into organic and inorganic. Organic segment is expected to witness fastest growth in terms of revenue in the near future, owing to growing popularity of organic food products among consumers.
On the basis of application, the market is segmented into food & beverages, pharmaceuticals, and personal care products. Food & beverages segment is sub-segmented into convenient foods, sauces and dressing, confectionery products, and others. Others include bakery products, beverages, frozen products, and poultry, and meat products.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is dominating the global market in terms of revenue and is expected to witness high growth over the forecast period, owing to increasing use of black pepper in various cuisines and for medicinal purposes. In addition, presence of major producers in countries in Asia Pacific region is another factor driving growth of the target market in this region. The market in North America is expected to witness lucrative growth followed by Europe, Middle East & Africa, and Latin America
Key players operating in the global black pepper market include BARIA PEPPER, The British Pepper & Spice Company Limited, The Dharampal Satyapal Group (Catch), Everest Spices, McCormick & Company, Mahashian De Hatti Limited, AGRIFOOD PACIFIC COMPANY, Akar Indo Lestari, Gupta Trading Company, and Pacific Production Co., Ltd.