Global Black Pepper Market Size, Share and Industry Analysis Report by Product (Brazilian Black Pepper, Lampang Black Pepper, Sarawak Black Pepper, Vietnamese Black Pepper, India Black Pepper), Source (Organic, Inorganic) and End Use (Food & Beverages, Ph

Global Black Pepper Market Size, Share and Industry Analysis Report by Product (Brazilian Black Pepper, Lampang Black Pepper, Sarawak Black Pepper, Vietnamese Black Pepper, India Black Pepper), Source (Organic, Inorganic) and End Use (Food & Beverages, Pharmaceuticals, Cosmetics) Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 - 2027

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.

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.

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 others segment is forecast to grow with a respectable CAGR of more than 3% through the forecast timeframe.

From a regional standpoint, 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.

Meanwhile, 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.