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The blog provides a brief idea of how pepper consumption influences global markets and how the food research lab helps identify the variants of black pepper while developing new products.<br><br>More info: https://www.foodresearchlab.com/blog/new-food-product-development/global-market-analysis-on-pepper-consumption/
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GLOBAL MARKET ANALYSISONPEPPER CONSUMPTION AnAcademicpresentationby Dr.NancyAgnes,Head,TechnicalOperations, FoodResearchLab Group:www.foodresearchlab.com Email:info@foodresearchlab.com
Today'sDiscussion Introduction Factorsaffectingtheconsumptionofpepper HowFoodResearchLabcanhelp
Introduction Pepper, also referred to as peppercorns, has been used since time immemorial as a spice and medicine and wasusedasanantiseptictocuredigestiveand respiratoryailments.Black,white,redandgreenarethe various types of pepper, and black pepper is the most common. Thefirstuseofblackpepperdocumentstoabout2000 BC, in ancient Indian texts. It was exported to other countriessuchasEgyptandItaly. Contd..
Duetothepriceofpepper,itwasconsidered‘blackgold’ beforethediscoveryoffossilfuels. The commercial value of pepper fell over the years due to newfound trade. Currently, pepper is the most consumed spiceintheworld,accountingfor30-35%ofthespicetrade andisprojectedtorise. As a result, the cost of pepper has increased again due to increasedconsumption,whichaffectsthemarketvalue.For instance, the black pepper market was valued at US$1.83 billion in 2021 and is expected to reach US$2.96 billion in 2029,ata6.17%increase.
Factors affecting the consumptionofpepper As there is a growth of food industriesand restaurants, there is also a growth in demand for pepper since it is used as a condiment.Anotherdriverforpepperconsumptionis increased awarenessofitshealth and cosmetic benefits, renderingitubiquitousineveryhousehold. The general population is mindful of the artificial additives usedinfood.Thishasledtoasurgeinfoodwithblackpepper asaflavouringagent. Contd..
SinceblackpepperhasprovitaminA,ithasgainedaninterestintheprocessingindustries,whereinit findsitsuseasafortifyingagent.Thisalsocouldincreasetheconsumptionofblackpepper. There is an increased trend of Do-it-Yourself (DIYs), where pepper is used as an exfoliant and hair maskforhealthyskinandhair,andmanyconsumersareusingpepperforthispurpose. Theskin careindustry isoneofthefastestgrowingintheworld,andblackpepperdemandisrising duetoitsantibacterialproperties,whichhelptreatandcontrolacne. Black pepper also has anti-inflammatoryand wound-healing properties. Many people in western countriesrecognizetheimportanceoftraditionalmedicinalpracticessuchas Ayurveda, andpepper isusedinthepreparationofmedicines.Thereis anincreaseinpepperconsumptionby3.1%inNorth America. Contd..
Piperine,theactivecomponentofpepper,isusedalongwithCurcumin,theactiveingredient 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 reducefreeradicallevelsinthebody. Free radicals are the molecules that cause cell damage. Excess free radicals are linked to somecancers,ageingandcardiovasculardisease. Pepper is highly loaded with antioxidants, which may delay or prevent free-radicals’ effects, therebyexhibitinganti-cancerproperties. The Nutraceutical industry may see this as an opportunity to use pepper as anutraceutical product,therebyincreasingthedemandandsubsequentconsumptionofpepper. Contd..
Pepper oil is used by patients to curb nicotine cravings, and the increased manufacture of peppersprayshasalsoledtoagrowthinthepeppermarket. The COVID-19 pandemic has witnessed a sharp increase in the consumption of pepper owingtoitsanti-inflammatoryproperties,andthespicewasusedtoboostimmunitydueto itsantimicrobialproperty. Blackpepper,themostcommonpeppervariant,hasnumeroushealthbenefitsthathaveled toasurgeindemandinvarioussectors,fromfoodtonutraceuticaltothecosmeticindustry. Innovations in the preparation of food items, nutraceuticalsand the cosmetic industry can enhancetheconsumptionofblackpeppermoreinfuture.
HowFoodResearchLabcan help The Food Research Lab is a global platform offering R&D services. We can help by identifying the variants of black pepper and choosing the best quality for food products, nutraceuticalsand cosmeceuticalsby conducting market &consumer research. Theresultsobtainedgiveaglanceintoscopesandgrowthofglobalmarkets.
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