Vietnam
pepper industry is one of the agricultural sectors that make a vital
contribution to country’s agricultural sector. Pepper is a high-grade spice,
also known as king of spices. It contains rich anti-oxidants and other
nutrients. It is available in the two forms: black pepper and white pepper.
Both forms are obtained from same source but are prepared differently. Black
pepper is made by cooking the dried unripe fruit while white pepper is made by
cooking & drying the ripe seeds. Pepper is also used to make medicines. It
often used to cure stomach upset, cancer and bronchitis. It is sometimes
applied directly to the skin for treating neuralgia (nerve pain) and a skin
disease called scabies. Black peppers are also used as a counterirritant for
pain. The area of pepper industry in Vietnam has continuously increased
strongly due to the strong increase in pepper price.
The
key health benefits are included helps in digestion, powerful spice to combat
cancer, good for constipation, treat skin problems, treat respiratory
disorders, good for hair growth, helpful for blood circulation, relief from
joint pain, weight control, removes toxins from the body and relief from joint
pain etc. Apart from this, some of the side-effects & allergies include can
cause gastrointestinal issues, may affect pregnancy and may cause skin redness.
Based
on form, Vietnam pepper market is segmented into rough cracked, ground and
whole. Ground segment holds major share in market owing to rise in production
of new varieties of seasoning products. Based on type, market is segmented into
organic pepper and inorganic pepper. Based on application, market is segmented
into bakery & confectionery products, soups, frozen products, sauces &
dressing, meat & poultry products, beverages, snacks, convenience food, and
others. In addition, based on end-use industry, market is segmented into health
care, food & beverages industry and personal care & cosmetics.
The
Vietnam pepper market is driven by increase in food products, followed by rise
in penetration of fast-food business and varieties of pepper increase in use of
pepper in beauty products, change in lifestyle, growth in household income, and
rise in demand for confectionary & bakery products. However, change in
climate conditions and quality issues regarding supply of black pepper may
impact the market. Moreover, growth in food business is a key opportunity for
market. Furthermore, increase in popularity of traditional medicine is a major
trend for market.
Vietnam
is a major manufacturer of pepper owing to huge amount of production &
productivity supports Vietnam’s farmers to provide the lowest charge labels
across the globe. On the basis of export, the country tops the marketplace
internationally. In near future, it is estimated that the market will be
reached at rapid pace on account of increase in pretreated foodstuff business
and growth in inclination of consumers towards seasoning in their diets during
the forecast period.
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