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We expect the global black pepper market to exhibit a CAGR of around 5% during 2021-2026.
Increasing consumption of ready-to-eat, fried, and processed food items represents one of the factors catalyzing the global black pepper market.
Sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of black pepper.
Based on the source, the global black pepper market has been bifurcated into organic and inorganic. Currently, inorganic black pepper holds the majority of the total market share.
Based on the form, the global black pepper market can be segregated into ground black pepper, rough cracked black pepper, and whole black pepper, where ground black pepper currently represents the largest segment.
Based on the distribution channel, the global black pepper market has been categorized into offline and online. Currently, offline channel exhibits a clear dominance in the market.
Based on the application, the global black pepper market can be segmented into food and beverages, pharmaceuticals, personal care, and others. Among these, the food and beverage sector holds the largest market share.
On a regional level, the market has been classified into Vietnam, Indonesia, India, Brazil, Malaysia, and others, where Vietnam currently dominates the global market.
Some of the major players in the global black pepper market include Baria Pepper, McCormick, Everest Spices, Olam International Limited, British Pepper and Spice, Catch, MDH, Vietnam Spice Company, Agrifood Pacific, Webb James, Brazil Trade Business, Visimex, Indian Valley Foods Pvt. Ltd., DM AGRO, Pacific Production, etc.
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