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Capsicum, the pepper, is a genus of flowering plants in the nightshade family Solanaceae, Its species are native to the Americas, where they have been cultivated for thousands of years. Following the Columbian Exchange, it has become cultivated worldwide, and it has also become a key element in many cuisines. Additionally, Capsicum species have also been used as medicines and lachrymatory agents.
Scope of the Report:
The North America is the largest exporter of regular and chilli peppers in the world.Consequently, these products are considered strategic crops for the Ministry's National Agricultural Planning 2017-2030. "International demand has increased in twenty countries in America, Asia and Europe and also in countries where Mexico does not have a free trade agreement. That makes our country one of the biggest international competitors.
Peppers are not very popular among Chinese consumers; however, hot peppers are very popular. Most of the fresh peppers that are produced are intended for export to other countries in Europe and North America. However, the transport costs are high, because the shelf life of these products is not very long, so most Chinese companies first process the peppers before exporting or reselling the product. In order to guarantee a longer shelf life, many peppers are dried or pickled.
Furthermore, many peppers in China are processed into paprika powder after the harvest and then exported to other countries or sold in China. Last August, there was a lot of rainfall in Shandong and that resulted in flooding, which caused a lot of damage to the vegetable greenhouses in the area. The prospect is for this damage to be fully repaired by next year. In Xinjiang, the harvesting of red peppers has just been completed and these are now on the market.
The worldwide market for Capsicum is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 11300 million US$ in 2024, from 8938.2 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Capsicum in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Levarht
- Lipman Produce
- J&J Family of Farms Corporate
- Pero Family Farms Inc.
- Oakes Farms
- Southern Paprika Limited (SPL)
- Fruit Farm Group
- NatureFreshFarms
- Fresh Start Produce Sales
- GK Fresh Greens
- Paprika Oleo's India Limited
- Titan Farms Inc
- Lewis Taylor Farms
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Fresh Capsicum
- Dried Capsicum
Market Segment by Applications, can be divided into
- Daily Cooking
- Food Processing Industry
- Pharmaceutical Industry
- Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Capsicum product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Capsicum, with price, sales, revenue and global market share of Capsicum in 2017 and 2018.
Chapter 3, the Capsicum competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Capsicum breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Capsicum market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Capsicum sales channel, distributors, customers, research findings and conclusion, appendix and data source.