TUTILAN PEPPERThe global black pepper market exhibited moderate growth during 2015-2020. Looking forward, the global black pepper market to grow at a CAGR of around 5% during 2021-2026.
Black pepper, also known as ground black peppercorn, is a highly consumed commodity that is used as an ingredient in the culinary world. It is a pungent, hot-tasting powder spice that is produced from unripe drupes of the pepper plant. The drupes are cooked, cleaned and dried through which black pepper oil, spirit and spice is obtained.
The spirit is used in medicinal and beauty products, the oil is used to manufacture ayurvedic supplements, and the spice is used for culinary purposes. It is also rich in vitamin A and C, carotenes, flavonoids and other antioxidants which are used to cure neuralgia, scabies, stomach infections, bronchitis and vitiligo.
A thriving food and beverage industry across the globe is the key factor driving the growth of the market. Increasing consumption of bakery and confectionery products along with ready-to-eat and fried foods has significantly enhanced the product demand. Garlic bread, cakes and chocolates are some of the key products in which black pepper is used to give a distinctive flavor.
The trend of adding natural flavor enhancers to food products has also catalyzed the market growth. Additionally, the growth of the cosmetics industry is also positively impacting the black pepper market. Due to its antibacterial and antioxidant properties, it is extensively used in the manufacturing of skin care products.
Moreover, there has been an increase in health consciousness and awareness about the benefits of black pepper among consumers, which has led to its incorporation in the daily diet. Black pepper oil is also used by smokers to combat excessive smoking habits as it aids in managing nicotine cravings.
Other factors, such as increasing manufacturing of essential oils, black pepper sprays and fragrances, are further expected to drive the market growth.
Source: https://www.businesswire.com/
