Global Green Pepper Market Trends, Analysis, Leading Players & Future Forecast by 2022

ROCKVILLE, US, 2018-May-02 — /EPR Network/ —   A freshly compiled business intelligent report, titled “Green Pepper Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Green Pepper” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Green pepper is referred to the dried berries of a plant known as capsicum annuum, which is a subspecies of genus capsicum plant native to northern South America and southern North America. While in other parts of the world it commonly goes by the name capsicum or pepper, in America, green pepper is also called as bell pepper.  In many instances, other hot pepper or chili peppers that are green in color are also considered as green pepper.

The global green pepper output has soared substantially owing to its increasing use in a wide range of food products. However, green pepper still accounts for a lower market penetration as compared to black and white pepper. Mostly, green pepper is available in vinegar or brine mixture, which prevents it from spoilage but sometimes it is directly sold without any additional condiment. Green pepper is considered as an excellent natural food preservative and is rich in dietary fibers, manganese, iron, vitamin-C, and potassium. Moreover, the product also has antioxidant properties, which is further driving its popularity among consumers who are highly health conscious. Green pepper can also help in preventing liver, cardiovascular, and cancer diseases. In addition, rising demand for different hot pepper varieties and exotic hot cuisines is expected to make a favourable impact on the global sales of green pepper.

Based on form, global sales of ground green pepper currently account for around 40% revenue share of the global green pepper market. By the end of the forecast period, more than US$ 200 Mn worth ground green pepper is estimated to be sold globally. In addition, global revenues from ground green pepper sales in projected to increase at a steady CAGR during to 2017 to 2022.

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Europe’s Leadership in the Global Green Pepper Market to Remain Unchallenged

In terms of revenue, Europe currently dominates the global green pepper market and the trend is projected to continue in 2017 and beyond.  Europe’s green pepper market is expected to grow at a CAGR of 4.9% over the forecast period.

Organic green pepper will continue to outperform the conventional variant in terms of sale during the next five years. This is primarily owing to increasing consumer demand for organic products as they are healthier and usually do not have any risks of side-effects.

Competition Tracking

The Adani Wilmar Ltd., Associated British Foods (Ach), Ruchi Soya Industries Ltd, Beidahuang Group, Archer Daniels Midland Company, Borges Mediterranean Group, Cargill, Inc., Bunge Limited, Adams Group, Fuji Vegetable Oil, Inc., American Vegetable Oils, Inc., Ach Food Companies, Inc., Olympic Oils Limited, Marico Limited and ConAgra Foods (Agrotech Foods Ltd) are the key companies profiled in the Fact.MR’s report.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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