Global Black Pepper Market 2015-2019
About Black Pepper
Black pepper is a sub-product of pepper which is known as the King of Spices. It is a native product of South India. It is produced from unripe drupes of the pepper plant. These drupes are cooked, cleaned, and dried. From the dried black pepper corns, three by-products are obtained: black pepper spirit, which is used in medicinal and beauty products; black pepper oil, which is used in ayurvedic massage oil and beauty and herbal treatments; and black pepper, which is used as a spice for culinary.
Technavio's analysts forecast the global black pepper market to grow at a CAGR of 5.55% by revenue and CAGR of 3.20% by volume during 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the global black pepper market for 2015-2019. The market can be divided into seven segments based on product type: Brazilian black pepper, Lampang black pepper, Malabar black pepper, Sarawak black pepper, Talamanca black pepper, and Tellicherry black pepper.
Technavio's report, Global Black Pepper Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Black Pepper Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Black Pepper Market: Baria Pepper, British Pepper and Spice, Catch, Everest Spices, McCormick and MDH Spices
Other Prominent Vendors in the market are: Agrifood Pacific Company, Akar Indo Lestari, Brazil Trade Business Group,DM AGRO Trading Malaysia, Gupta Trading Company, Pacific Production Company, PT AF International and Silk Road Spices
Commenting on the report, an analyst from Technavio’s team said: “Black pepper is not only known for its spicy flavor, it is also known for its health benefits and finds application in a range of different segments. One of the major reasons for the increase in the demand for black pepper is its use in cosmetics, medicine, and other segments. For example, black pepper oil is used for its stimulation and antifungal properties. Due to its antioxidant and antibacterial properties, it is also included in skincare products. For example, Molton Brown uses black pepper extract in perfumes, body wash, and hand cream.”
According to the report, black pepper is not only known as the King of Spices, it is also known for its health and medicinal benefits. For example, black pepper helps to cure skin diseases such as vitiligo, where some areas of skin lose normal pigmentation and turn white. It is also used for respiratory problems. Black pepper is also known for its antibacterial and antioxidant properties. These medicinal benefits of black pepper increase its scope beyond that of just a spice product to attract a wider consumer base.
Further, the report states that one of the major challenges faced by black pepper manufacturers is the impact of weather conditions that can reduce the global supply of black pepper and production of black pepper.
Baria Pepper, British Pepper and Spice, Catch, Everest Spices, McCormick, MDH Spices, Agrifood Pacific Company, Akar Indo Lestari, Brazil Trade Business Group,DM AGRO Trading Malaysia, Gupta Trading Company, Pacific Production Company, PT AF International, Silk Road Spices