Market Trends of Dry Chilies Industry
High Demand for Exotic and Spicy Oriental Dishes is Fueling the Production of Dry Chilies
- Factors such as the rising trend of international cuisine and the growing fascination with spicy food are driving the production of dry chili peppers worldwide. Over the years, the production of dry chili peppers has increased, along with their demand. According to the FAOSTAT, India, China, Thailand, Côte d'Ivoire, Ethiopia, Myanmar, and Bangladesh are some of the major countries producing dry chili peppers. For instance, in 2019, the worldwide dry chili production was 4,168,156.58 metric tons, which increased to 4,909,320.76 metric tons in 2022.
- As consumers venture into trying a diverse range of international dishes, many featuring dry chili peppers as a key component, the popularity of these flavorful and zesty chillis continues to soar. This culinary shift is further reinforced by the multicultural communities in various countries, where an abundant selection of food options encourages exploration and appreciation. For instance, the influence of Indian, Thai, and Indonesian cuisines is reflected in Malaysian food in the form of mixing and matching fresh herbs and spices. India is one of the leading manufacturers of red chili powder prepared by grinding dry red chili peppers. The powder is available in abundant quantities and varieties in India.
- The food truck culture in Southern California, which developed out of the area's diverse population and gave rise to dishes like bulgogi tacos, is leading to the rising adoption of dry chili peppers. This unusual dish from a food truck combines traditional Mexican cuisine with sweet and sour Korean beef and is topped with creamy gochujang dry chili pepper sauce.
- Gochujang, a dry red chili pepper-based fermented sauce that gives savory foods a sweet and spicy kick, is replacing sriracha as it gains popularity and spreads from Korean restaurants and food trucks to mainstream supermarkets across the United States. The market value of dry chili peppers is increasing quickly due to the growing demand for spicy foods and cuisines in the United States, Mexico, South Korea, Malaysia, and Europe. This trend is expected to boost the exports of dry chili peppers from Asian nations, where production is higher than in any other region.
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Asia-Pacific Dominates the Market
- Asia-Pacific is the largest segment in this market, primarily due to its vast population and diverse culinary traditions. As a result, there is a consistently high demand for dry chili peppers as a staple ingredient in numerous Asian cuisines, including Indian, Thai, and Chinese.
- Additionally, the region's agricultural production capacity allows for substantial cultivation of green chilies to meet local consumption and export demands, making it a dominant player in the dry chili pepper market.
- According to the FOASTAT Database, in 2022, India was the world's top producer and consumer of dry chili peppers among other major producers, accounting for 38.2% of worldwide production.
- The demand for the world-famous “334 Sannam S4 Red Dry Chilli” is very high worldwide. It is grown in the states of Andhra Pradesh, Rajasthan, Maharashtra, Assam, and Madhya Pradesh. The demand for “334 Sannam S4 Red Dry Chilli” increased in Bangladesh.
- Additionally, masala millers from South India are often used in Indian, Chinese, European, Thai, and Italian cuisines.
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