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Black Pepper Market
Black Pepper is a pungent hot-tasting powder spice prepared from dried and ground peppercorns, used to flavor food. It is also known as king of spices because it contains rich anti-oxidants and other nutrients. The high demand for pepper presents an attractive market opportunity for new vendors to enter the market. In the present market scenario, it is estimated that the new crop of black pepper accounts for nearly 30% to 35% of the market. The high demand is expected to increase the price of black pepper, thereby increasing the profit margin of the vendors in this market.
