GLOBAL MARKET ANALYSIS ON PEPPER CONSUMPTION​ | FoodResearchLab

1
GLOBAL MARKET ANALYSIS ON PEPPER CONSUMPTION
An Academic presentation by Dr. Nancy Agnes,
Head, Technical Operations, FoodResearchLab Group
www.foodresearchlab.com Email
info_at_foodresearchlab.com
2
Today's Discussion
Introduction Factors affecting the consumption of
pepper How Food Research Lab can help
3
Introduction
Pepper, also referred to as peppercorns, has been
used since time immemorial as a spice and
medicine and was used as an antiseptic to cure
digestive and respiratory ailments. Black,
white, red and green are the various types of
pepper, and black pepper is the most
common. The first use of black pepper documents
to about 2000 BC, in ancient Indian texts. It
was exported to other countries such as Egypt
and Italy. Contd..
4
Due to the price of pepper, it was considered
black gold before the discovery of fossil
fuels. The commercial value of pepper fell over
the years due to newfound trade. Currently,
pepper is the most consumed spice in the world,
accounting for 30 -35 of the spice trade and is
projected to rise. As a result, the cost of
pepper has increased again due to increased
consumption, which affects the market value. For
instance, the black pepper market was valued at
US1.83 billion in 2021 and is expected to reach
US2.96 billion in 2029, at a 6.17 increase.
5
Factors affecting the consumption of pepper
As there is a growth of food industries and
restaurants, there is also a growth in demand
for pepper since it is used as a condiment.
Another driver for pepper consumption is
increased awareness of its health and cosmetic
benefits, rendering it ubiquitous in every
household. The general population is mindful of
the artificial additives used in food. This has
led to a surge in food with black pepper as a
flavouring agent.
Contd..
6
Since black pepper has provitamin A, it has
gained an interest in the processing industries,
wherein it finds its use as a fortifying agent.
This also could increase the consumption of black
pepper. There is an increased trend of
Do-it-Yourself (DIYs), where pepper is used as an
exfoliant and hair mask for healthy skin and
hair, and many consumers are using pepper for
this purpose. The skin care industry is one of
the fastest growing in the world, and black
pepper demand is rising due to its antibacterial
properties, which help treat and control
acne. Black pepper also has anti-inflammatory
and wound-healing properties. Many people in
western countries recognize the importance of
traditional medicinal practices such as Ayurveda,
and pepper is used in the preparation of
medicines. There is an increase in pepper
consumption by 3.1 in North America. Contd..
7
Piperine, the active component of pepper, is used
along with Curcumin, the active ingredient of
turmeric, to increase the absorption of the
latter. This combination has many health
benefits such as improved digestion,
anti-inflammatory and analgesic. Piperine is
known to reduce free radical levels in the
body. Free radicals are the molecules that cause
cell damage. Excess free radicals are linked to
some cancers, ageing and cardiovascular
disease. Pepper is highly loaded with
antioxidants, which may delay or prevent
free-radicals effects, thereby exhibiting
anti-cancer properties. The Nutraceutical
industry may see this as an opportunity to use
pepper as a nutraceutical product, thereby
increasing the demand and subsequent consumption
of pepper. Contd..
8
(No Transcript)
9
Pepper oil is used by patients to curb nicotine
cravings, and the increased manufacture of
pepper sprays has also led to a growth in the
pepper market. The COVID-19 pandemic has
witnessed a sharp increase in the consumption of
pepper owing to its anti-inflammatory
properties, and the spice was used to boost
immunity due to its antimicrobial
property. Black pepper, the most common pepper
variant, has numerous health benefits that have
led to a surge in demand in various sectors,
from food to nutraceutical to the cosmetic
industry. Innovations in the preparation of food
items, nutraceuticals and the cosmetic industry
can enhance the consumption of black pepper more
in future.
10
How Food Research Lab can help
The Food Research Lab is a global platform
offering RD services. We can help by
identifying the variants of black pepper and
choosing the best quality for food products,
nutraceuticals and cosmeceuticals by conducting
market consumer research. The results
obtained give a glance into scopes and growth of
global markets.
11
Contact Us
UNITED KINGDOM 44- 161 818 4656 INDIA 91
9566299022 EMAIL info_at_foodresearchlab.com