GLOBAL MARKET ANALYSIS ON PEPPER CONSUMPTION​ | FoodResearchLab

GLOBAL MARKET ANALYSIS ON PEPPER CONSUMPTION An Academic presentation by Dr. Nancy Agnes, Head, Technical Operations, FoodResearchLab Group: www.foodresearchlab.com Email:

Today's Discussion Introduction

Factors affecting the c o n s u m pt i o n of pepper H o w Food Research Lab can help

Introduction

Pepper, also referred to as peppercorns, has b ee n used since t i m e i m m e m o r i a l as a spice a n d m e d i c i n e a n d was used as an antiseptic to cure digestive a n d respiratory ailments. Black, white, red a n d green are the various types of pepper, a n d black p ep p er is the most common.

The first use of black p ep p er d o c u m e n t s to about 2 0 0 0 BC, in ancient Indian texts. It was exported to other countries such as Egypt a n d Italy.

Contd..

Due to the price of pepper, it was considered ‘black gold’ before the discovery of fossil fuels.

The c o m m e r c i a l value of p ep p er fell over the years d u e to ne wf o u nd trade. Currently, p epp er is the mo st c o n s u m e d spice in the world, accounting for 30 -35% of the spice trade a n d is projected to rise.

As a result, the cost of p ep p er has increased again d u e to increased consumption, w h i c h affects the market value. For instance, the black pepp er market was valued at US$1.83 billion in 2021 a n d is expected to reach US$2.96 billion in 2029, at a 6.17% increase.

Factors affecting the consumption of pepper As there is a growth of food industries a n d restaurants, there is also a growth in d e m a n d for p ep p er since it is used as a condiment.

Another

driver for p ep p er

consumption

is

increased awareness of its health a n d cosmetic benefits, rendering it ubiquitous in every household.

The general population is m in d f u l of the artificial additives used in food. This has led to a surge in food with black p ep per as a flavouring agent.

C on td . .

Since black pep per has provitamin A, it has gained an interest in the processing industries, wherein it finds its use as a fortifying agent. This also c o u l d increase the c o n s u m p t i o n of black pepper.

There is an increased trend of Do-it-Yourself (DIYs), where pepp er is used as an exfoliant a n d hair ma sk for healthy skin a n d hair, a n d m a ny consumers are using pep per for this purpose.

The skin care industry is one of the fastest growing in the world, a n d black p ep p er d e m a n d is rising d u e to its antibacterial properties, w h i c h help treat a n d control acne.

Black p ep p er also has anti-inflammatory a n d wound-healing properties. Many p eop l e in western countries recognize the imp ortanc e of traditional m e d i c in al practices such as Ayurveda, a n d p ep p er is used in the preparation of medicines. There is an increase in p epp er c o n s u m p t i o n by 3.1% in North America.

Contd..

Piperine, the active c o m p o n e n t of pepper, is used along with Curcumin, the active ingredient of turmeric, to increase the absorption of the latter. This c o m b i n a t i o n has m a n y health benefits such as improved digestion, anti-inflammatory a n d analgesic. Piperine is k n o w n to reduce free radical levels in the body.

Free radicals are the molecules that cause cell damage. Excess free radicals are linked to so me cancers, ageing a n d cardiovascular disease.

Pep p er is highly loaded with antioxidants, w h i c h may delay or prevent free-radicals’ effects, thereby exhibiting anti-cancer properties.

The Nutraceutical industry may see this as an opportunity to use p ep p er as a nutraceutical product, thereby increasing the d e m a n d a n d subsequent c o n s u m p t io n of pepper.

Contd..

Pep p er oil is used by patients to curb nicotine cravings, a n d the increased manufacture of p epp er sprays has also led to a growth in the pepp er market.

The COVID-19 p a n d e m i c has witnessed a sharp increase in the c o n s u m p t i o n of pep per o wi n g to its anti-inflammatory properties, a n d the spice was used to boost immunity d u e to its antimicrobial property.

Black pepper, the most c o m m o n p ep p er variant, has numerous health benefits that have led to a surge in d e m a n d in various sectors, from food to nutraceutical to the cosmeti c industry.

Innovations in the preparation of food items, nutraceuticals a n d the cosmetic industry can en h an ce the c o n s u m p t io n of black pep per m o r e in future.

How Food Research Lab can help The Food Research Lab is a global platform offering R&D services. We can hel p by identifying the variants of black p ep p er a n d choosing the best quality for food products, nutraceuticals a n d cosmeceuticals by c o n d u ct i ng market & consumer research.

The results obtained give a glance into scopes a n d growth of global markets.

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