Global White Pepper Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global White Pepper Market: Overview
"The White Pepper Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Spices are an essential ingredient in food preparation because of their flavors. It is also widely used in medical preparation owing to various health benefits. Among the spices, pepper is most commonly used and is available in two forms, i.e., black and white. Both black and white pepper are obtained from the same source but are processed separately. White pepper is produced from the dried fruit of the pepper plant after eliminating the outer layer.
It is usually mild than black pepper but less complex. White pepper has a characteristic flavor due to essential oil, pungency, and biting taste due to a bio-active component known as piperine. The white pepper essential oil is used in the fragrances and flavor industry and for cream or white-based curries and gravies owing to its color.
Global White Pepper Market: Dynamics
Increasing demand for white pepper in the food & beverages industry owing to its aroma and pungency characteristics is a major factor expected to drive the global market. The growing use of white pepper in the nutraceutical industry owing to its health benefits such as reducing the risk of cancer, enhancing proper digestion, and providing an excellent antioxidant effect is another factor expected to fuel the growth of the target market to a significant extent. Increasing preference for organic spices among consumers is one of the other factors expected to support the growth of the global market shortly.
However, white pepper can cause side effects such as rashes on the skin when applied directly onto the skin, and the high price of white pepper are among some of the other factors which may hamper the growth of the global white pepper market.
Global White Pepper Market: Segment Analysis
Among the end-user segments, the food & beverages segment is expected to account for a significant revenue share in the global market. This can be attributed to its properties, such as enhanced flavor and aroma. It is ideally used in white sauces, pasta salads, and seafood dishes.
The natural segment is expected to account for a major revenue share contribution in the global market among the source segment. The organic segment is projected to register a moderate CAGR in revenue due to increasing consumer preference for organic food.
Global White Pepper Market: Region Analysis
The Asia Pacific market is expected to register a major share in revenue in the global white pepper market. Vietnam accounts for the largest exporter and producer of white pepper, followed by Indonesia, India, and Sri Lanka in the Asia Pacific region.
In addition, increasing the consumption of white pepper helps to lose weight, reduce arthritis and nasal congestion, and control blood pressure. This is expected to support revenue growth in the Asia Pacific region. The Latin American market is expected to account for the second-highest revenue share in the global market due to significant crop production in Brazil.
Global White Pepper Market Segmentation:
Segmentation by Source:
Segmentation by End User:
- Food & Beverages
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- United Spice Co. Ltd.
- McCormick & Company, Inc.
- Akay Spices Pvt. Ltd.
- The British Pepper & Spice Company Limited
- MDH Pvt. Ltd.
- Hexa Food Sdn. Bhd.
- Maxrotth Global Foods Pvt. Ltd.
- Vitagreen Products Pvt. Ltd.
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