Market demand for black pepper
There are several drivers contributing to the growth of the black pepper market. It is expected to reach a market size of approximately $10 billion by 2019 due to the growing awareness about the health benefits associated with black pepper.
The high demand for black pepper presents an attractive market opportunity for new vendors to enter the market. In the present market scenario, it is estimated that the new crop of black pepper accounts for nearly 30% to 35% of the market. The high demand is expected to increase the black pepper price, thereby increasing the profit margin of the vendors in this market. In terms of volume, the global consumption of black pepper was valued at close to 85,000 tons in 2014, and it expected to drive its production during the forecast period.
Market segmentation of the black pepper market by production and export
- Vietnam
- Indonesia
- India
- Brazil
- Malaysia
- ROW
In terms of production and export, Vietnam leads the market with close to half of the market share. It constitutes an important export commodity for the market and it important to its GDP. Currently, two major exporting countries, Vietnam, and India are witnessing an immense competition among their vendors for a greater share of the market. Over the years, Vietnam has begun to export vast volumes of black pepper in India. The other major importers of black pepper include Middle East countries such as the UAE and also the US.
Leading vendors of the black pepper market
The black pepper market is immensely competitive with the presence of several local and international players. As per the pepper price forecast, vendors in the black pepper price in international market are likely to expand further in the emerging markets with a focus on increasing their profit margins and market shares.
The seven major vendors of the black pepper market include: -
- Baria Pepper
- British Pepper and Spice
- Catch
- Everest Spices
- McCormick
- MDH
The other vendors in the market include Agrifood Pacific, Akar Indo, Brazil Trade Business, DM AGRO, Gupta Trading, Pacific Production, PT AF, Silk Road Spices, The Spice House, Vietnam Spice Company, Visimex, and Webb James.
Geographical segmentation of the black pepper market
Based on the black pepper market report, APAC is the market leader of black pepper and with a little over 50% it accounts for the majority of its market share. Vendors from the region have benefitted immensely from the increasing prices in the market. For example, the price of black pepper in Vietnam scaled from $2 per kg to $10 in 2014. Even though the APAC region is supplying close to 80% of the global pepper market, it is still facing a shortfall. To fulfill the demand, new vendors are expected to enter the market over the next four years.
Other sections of the report include an analysis of the following
- Leading countries and key trends impacting the black pepper market
- Market share analysis of the leading vendors of the black pepper market
- Key drivers, challenges, and trends and their impact on the black pepper market
- Five forces analysis of the black pepper market
- SWOT analysis of the leading companies in the black pepper market
Related reports
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.2.1 Market Size and Forecast By Revenue
06.2.2 Market Size and Forecast by Volume
06.2.3 Price Fluctuation of Global Black Pepper Market 2014-2019
06.3 Five Forces Analysis
07. Market Segmentation by Product
07.1 Global Black Pepper Market by Product 2014-2019
07.1.1 Brazilian Black Pepper
07.1.2 Lampang Black Pepper
07.1.3 Malabar Black Pepper
07.1.4 Sarawak Black Pepper
07.1.5 Talamanca Black Pepper
07.1.6 Tellicherry Black Pepper
07.1.7 Vietnamese Black Pepper
08. Market Segmentation by Production and Export
08.1 Global Black Pepper Market by Production
08.2 Global Black Pepper Export
09. Geographical Segmentation
09.1 Global Black Pepper Market by Geographical Segmentation 2014
09.1.1 APAC
09.1.2 Americas
09.1.3 Europe
09.1.4 ROW
10. Key Leading Countries
10.1 India
10.2 Vietnam
10.3 Brazil
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.1.1 Key News
18.1.2 Mergers and Acquisitions
18.2 Market Share Analysis 2014
18.3 Other Prominent Vendors
19. Key Vendor Analysis
19.1 Baria Pepper Company
19.1.1 Key Facts
19.1.2 Business Overview
19.1.3 SWOT Analysis
19.2 British Pepper
19.2.1 Key Facts
19.2.2 Business Overview
19.2.3 Product Categories
19.2.4 SWOT Analysis
19.3 DS Group
19.3.1 Key Facts
19.3.2 Business Overview
19.3.3 Business Offerings
19.3.4 Recent Developments
19.3.5 SWOT Analysis
19.4 Everest Spices
19.4.1 Key Facts
19.4.2 Business Overview
19.4.3 Product Categories
19.4.4 SWOT Analysis
19.5 McCormick
19.5.1 Key Facts
19.5.2 Business Overview
19.5.3 Business Segmentation by Revenue 2014
19.5.4 Business Segmentation by Revenue 2013 and 2014
19.5.5 Geographical Segmentation by Revenue 2014
19.5.6 Business Strategy
19.5.7 Recent Developments
19.5.8 SWOT Analysis
19.6 MDH
19.6.1 Key Facts
19.6.2 Business Overview
19.6.3 Product Categories
19.6.4 SWOT Analysis
20. Other Reports in this Series