Chilli is a fruit of the plants ‘Capsicum annuum’ and ‘Capsicum frutecens’. These fruits are small in size and are known for their sharp acidic flavour and colour. Chillies are said to have originated in the Latin American region and currently is used throughout the world as a spice and is also used in making beverages and medicines. Chilli powder is obtained from the crushing process of the dried chillies and has some unique medicinal uses. This fruit is rich in the vitamins A, C and E. World trade in chillies account to an approximate of 16% in the total spice trade in the world.
The Global Demand
World demand and supply of chilli peppers have been steadily increasing. Between 2000 and 2007, fresh chilli and peppers increased on average 6.6% per year in the world and 6.3% per year in Europe. In terms of supply, world chilli pepper production has grown on average 3.9% per year during the last 10 years led by a steady increase of global demand. The main chili peppers producers in the world are China, Mexico, and Turkey, which in total account for more than 70% of the world chilli pepper production.