Black Pepper Market Growth rate, Opportunity, Industry Analysis to 2027

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Black Pepper Market Size to Cross USD 3.25 Bn by
2027
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Overview of Black Pepper Market

• The black pepper market share is slated to grow
  at a notable pace by 2027, driven by the rapidly
  expanding food and beverages sector. Strong
  demand from the global personal care industry is
  also slated to foster the market's revenue
  prospects.
• Black pepper is among the world's most traded
  spices, popularly used as a condiment in a
  plethora of different cuisines in different
  regions across the world. The spice is so
  synonymous that it commonly takes up the coveted
  position of table condiment alongside salt in
  most of the world's restaurants.
• The spice obtains its spiciness owing to a
  chemical called piperine, which also helps it
  give off a pungent and strong aroma when added to
  food. However, the most notable feature of
  piperine are its antiseptic, and
  anti-inflammation properties.
• The spice obtains its spiciness owing to a
  chemical called piperine, which also helps it
  give off a pungent and strong aroma when added to
  food. However, the most notable feature of
  piperine are its antiseptic, and
  anti-inflammation properties.

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• These properties enable it to capture a key
  position in the global personal care products.
  The spice is famous across the personal care
  sector for its ability to help prevent wrinkles,
  nurture skin, improve oral health, and foster
  healthy hair growth.
• Studies have also linked the chemical to
  antidepressant properties, allowing it to find
  potential applications in the pharmaceutical
  sector.
• The overall black pepper market is bifurcated
  into different segments from the product, source,
  end-use and regional standpoint.
• With respect to product, the market is further
  categorized into Lampang black pepper, Brazilian
  black pepper, Vietnamese black pepper, Sarawak
  black pepper, India black pepper, and others.
• Among these the Sarawak black pepper segment is
  anticipated to register lucrative gains over the
  analysis timeline, back in 2020, the segment was
  valued at over USD 220 million owing to strong
  demand from its ability to offer woodsy spices
  and mingling flavors to food.

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• The Vietnamese black pepper industry is expected
  to grow tremendously owing to the growing
  popularity of the cuisine and the consequently
  growing demand for Vietnamese ingredients around
  the globe. The segment is slated to surpass a USD
  1.35 billion valuation by the end of 2027.
• The LATAM black pepper market is expected to
  witness steady growth, expanding with a CAGR of
  more than 4 over the forecast timeline owing to
  the booming food and beverage industry in the
  region.
• The MEA black pepper market, which was valued
  more than USD 160 million back in 2020, is also
  projected to register strong growth by the end of
  2027 owing to the increasing product demand from
  personal care applications.
• Notable participants in the Black Pepper market
  include Olam International, Kancor Ingredients
  Ltd., Ajinomoto Co., Inc., The British Pepper
  Spice Co., Ltd., and Webb James Srl

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