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Pepper Market Share

Report ID: GMI7030
Published Date: Oct 2023
Report Format: PDF

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Pepper Market Share

Major companies operating in the pepper industry includes:

McCormick & Company, Inc.
Olam International
Intimex Group
Everest Spices
MDH Spices
Gupta Trading Company
SAIGON HANOI IMEXCO LTD.
British Pepper & Spice Co Ltd.
Akar Indo
Brazil Trade Business
DM AGRO

MDH is one of the largest spice producers in India, and its products are also exported to over 150 countries around the world. It offers a wide range of spice products, including ground spices, blended spices, and whole spices. The company also offers a variety of other food products, such as pickles, chutneys, and sauces. The products are known for their high quality and consistent taste. The company sources its spices from the best regions in India and uses a variety of traditional and modern methods to process and package its products.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of pepper reached USD 5.43 billion in 2023 and is set to record USD 6.68 billion by 2032, due to the growing popularity of ethnic foods, such as Mexican, Indian, and Thai cuisine worldwide.

Black pepper industry size crossed USD 2.8 billion in 2022, owing to growing consumer focus on seeking natural and wholesome flavoring options.

The food and beverages application segment accounted for 56.3% of the pepper market share in 2022, on account of the increasing focus on innovation and product differentiation.

Asia Pacific market size was valued at USD 2.1 billion in 2022, attributed to increasing number of investments in pepper cultivation and processing facilities.