Pepper Paste Market to Exhibit Steadfast Expansion During 2018-2028
Pepper paste is a spicy sauce used in various dishes. Pepper paste can be made by using white, black and chili pepper. Pepper paste is manufactured by two processes wet process and dry process. Pepper paste is very common in Korea. Pepper paste is commonly known as Gochujang in Korea. This Gochujang of Korea is made up of red pepper. Pepper paste is extensively used in Asia Pacific and Middle East Cuisines. In the region of Asia Pacific, the largest production and consumption of pepper paste is done in Korea, China, and India. Pepper is also the major grown crop of Tunisia. A popular dish ‘Harissa’ is made by using pepper paste in Tunisia. Red pepper paste is common and mostly consumed pepper paste globally.
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Pepper Paste a Taste Enhancing Product
Pepper paste is an edible product mostly used as a sauce in the Asia Pacific and the Middle East cuisine. Pepper paste is widely used in Chinese food products such as schezwan chutney, schezwan noodles, chowmein, and momoes. Red pepper paste or Gochujang is the popular food in the region of Korea. Pepper paste is also used in many cuisines of different regions. Pepper paste is also used in Indian foods such as biryani and chicken tandoori. Pepper paste is used in many chicken dishes to marinate chicken such as in chicken tandoori, shawarma, and chicken korma. Due to numerous application of pepper paste in cooking and food products, it is expected that the pepper paste market will grow positive during the upcoming years.
Global Pepper Paste: Market Segmentation
On the basis of source, the global pepper paste market has been segmented as –
- Black Pepper
- White Pepper
- Chili or Red Pepper
On the basis of nature, the global pepper paste market has been segmented as –
On the basis of packaging, the global pepper paste market has been segmented as –
- PET Bottles
- Plastic Pouches
- Glass Jars
On the basis of end use, the global pepper paste market has been segmented as –
- Hotels, Restaurants & Cafe
- Marinating product
- Processed foods
On the basis of the distribution channel, the global pepper paste market has been segmented as –
- Convenience Stores
- Grocery Stores
- Online Stores
Global Pepper paste Market: Key Players
Some of the major manufacturers and suppliers operating in the global pepper paste market are Beijing Shipuller Co., Ltd., Tat Koy, Honest Food, Sempio Foods Company, Guangzhou Kangying Foodstuffs Co., Ltd., MARMARA GmbH., Shanghai Benefisha Industrial Co., Ltd., Labplant Co., Ltd., Eclipse, Zenco Global Enterprise, and Tamek Food & Concentrate Ind. & Trade Inc. Co. Except them, many other manufacturers and industrialists are showing a keen interest in pepper paste, which is expected to boost the demand for the same during the upcoming years.
Opportunities for Market Participants
Globally growing consumer preference over Chinese foods is expected to boost the demand for pepper paste during the forecast period. People all over the world are becoming fond of eating Chinese foods such as schezwan noodles, chowmein, and momoes. Pepper paste is widely used in Chinese food products. Red pepper paste or Gochujang is the popular food in the region of Korea. Pepper paste is also used in many cuisines of different regions. It is mostly used in the Middle East and the Asia Pacific cuisines. In Tunisia region Africa, a dish named as Harissa is prepared by using pepper paste. The Increasing demand for spicy foods globally is expected to raise the demand for pepper paste market. But, the major demand for spicy foods come from the Asia Pacific. So by considering the above factors, it is expected that Pepper paste market would grow positive during the upcoming years.
Global Pepper paste: A Regional Outlook
The trade of Pepper paste is done on a large scale across the world. However, the production and consumption of Pepper paste are dominated by a few countries. The world’s largest Pepper paste producing countries are Korea and China. Other major pepper paste producing countries are Turkey, India, and Tunisia. The largest exporters of pepper paste are China and Korea while largest importers of pepper paste are the Middle East, Africa & EU. India is also a major importer of pepper paste ingredients, i.e. red pepper and black pepper.
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- Market segments and sub-segments
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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