Global Piper Pepper Market Earnings is Set to Increase About $12.7 Bn By 2030

The global piper pepper market size was nearly $6.2 billion in 2021 and is set to increase to about $12.7 billion by 2030 with a CAGR of nearly 5.2% between 2022 and 2030.

Piper, a pepper plant or pepper vine, is an economically as well as ecologically significant genus of the Piperaceae family. Furthermore, it comprises 1,000 to 2,000 species of lianas, shrubs, and herbs. A large number of these species are dominant ones in their native habitat. The scientific name Piper and common name pepper of the pepper plant are derived from the Sanskrit terminology pippali. Additionally, many of the piper species are vines and herbaceous and grow as shrubs and small trees. They are mostly found in lowland tropical forests. Moreover, the piper plant fruit which is referred to as peppercorn is round and pea-sized.

Growth of the global piper pepper market during the forecast period can be attributed to favorable government policies for manufacturing piper pepper. Apart from this, beneficial features such as anti-inflammation and antioxidants will bolster the global market expansion. Furthermore, the rise in demand for ready-to-eat meals due to hectic lifestyles and inflating working women population will contribute majorly towards the size of the piper pepper market across the globe. Humungous use of pepper in personal care and cosmetics products will drive global market trends.

However, large-scale intake of piper pepper can result in gastrointestinal disorders in individuals, thereby putting brakes on the growth of the global piper pepper industry. Nonetheless, health beneficial product features are likely to generate new growth opportunities for the global industry.

The global piper pepper market is bifurcated into nature, product type, form, application, and region.

On basis of form, the global piper pepper industry is divided into whole pepper and powdered pepper segments. Furthermore, the powdered pepper segment is expected to establish its dominion status during the forecast timeline. The segmental expansion during 2022-2030 can be due to piperine, a strong antioxidant present in huge proportion in powdered pepper.

On basis of product type, the global piper pepper market is segregated into white pepper, black pepper, red pepper, and green pepper.

In terms of application, the global market is sectored into food & beverages and personal care products.

In terms of nature, the global piper pepper market is sectored into organic and conventional segments. Furthermore, the organic segment is predicted to lead the nature segment in the coming eight years. The expansion of the segment over the forecast timespan can be due to noteworthy demand for organic piper pepper in the food & beverages sector due to its health-benefitting properties.

The global piper pepper industry is divided into five regions that include the Asia-Pacific, The Middle East & Africa, North America, Europe, and Latin America.

The Asia-Pacific piper pepper industry, which contributed majorly towards the global industry share in 2021, is projected to maintain its domination even during the assessment period. Rise in the import of piper peppers in countries such as India and the increase in production of these products in countries such as Vietnam and Indonesia are some of the key regional market growth drivers. Apart from this, Vietnam contributed nearly 37.1% towards the overall volume of piper pepper production in 2021.

Moreover, Vietnam is the largest supplier of piper pepper in terms of value and volume. Countries such as Vietnam and Indonesia are also among the top three exporters of piper pepper across the globe. For the record, in 2021, Vietnam accounted for nearly 44.1% of the overall product exports in terms of volume, while also contributing about 40.1% of the total product exports during 2018-2020 in terms of value. This helped the country become the largest exporter of piper pepper during these years.

In addition to this, Indonesia occupied the third position in exporting piper pepper to other countries as it accounted for about 7.8% of the global product exports in 2021 in terms of volume. Moreover, the country also accounted for approximately 10.1% of the overall product exports during 2018-2020 in terms of value and acquired the third position in global product exports.

Current Breakthroughs:

• In January 2023, Nando’s, South Africa’s fast casual food chain specializing in flame-grilled chicken, launched the Spiced Chickpea recipe which is available in a wrap as well as pitta form and in burger form. It includes pink pickled onions, lettuce, and smoky red pepper chutney. The new product launch will enhance the demand for piper pepper in South Africa.
• In January 2023, Higgidy, a fresh food manufacturer based in the UK, announced that it will launch four vegan products. This includes Petit Pois & Courgette Vegan Little Quiche, Spinach and Red Pepper Vegan Muffins, Roasted Chickpea Masala Pie, and Bang Bang Cauliflower Dinky Vegan Rolls. The move will increase sales of red pepper in the UK and will drive the growth of the piper pepper market in the UK as well as in Europe.
• In the first half of 2023, Domino’s Pizza, Inc., a U.S-based global pizza restaurant chain, developed a pizza with a vegan makeover featuring pepperoni spice and topped with green jalapenos, vegan mozzarella cheese, and red onions. The move is aimed at attracting the vegan population in the U.S. and will enhance the use & popularity of pepperoni in the country.

This review is based on a report by Zion Market Research, titled “Piper Pepper Market By Nature (Organic and Conventional), By Product Type (White Pepper, Red Pepper, Black Pepper, and Green Pepper), By Application (Food & Beverages and Personal Care  Products), By Form (Whole Pepper and Powdered Pepper), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/piper-pepper-market

Key participants profiled in the global piper pepper market include:

• House Foods Corporation
• Kikkoman Food Products Company
• H.J. Heinz Supply Chain Europe B.V.
• Olam Vietnam Limited - Dak Nong Factory
• Ajinomoto Co. Inc.
• Jm Swank Llc
• Inner Mongolia Lantai Industrial Co. Ltd.
• Mccormick & Company Incorporated
• Yamasa Corporation
• Frutarom Industries Ltd
• S&B Foods Inc.
• K+S Montana Holdings Llc
• Mizkan America Holdings Inc
• Mc Food Specialties Inc.
• K+S Salt Llc
• Dongwon Home Food Co.Limited
• Ikeda Tohka Industries Co. Limited
• Griffith Foods Group Inc.
• Ariake Japan Co. Ltd.
• Ebara Foods Industry Inc.

The global Piper Pepper market is segmented as follows:

By Product Type

• White Pepper
• Red Pepper
• Black Pepper
• Green Pepper

By Application

• Food & Beverages
• Personal Care Products

By Nature

• Organic
• Conventional

By Form

• Whole Pepper
•  Powdered Pepper

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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