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Global Oleoresin Market to Grow at a CAGR of 5.70% During 2024-2032, Aided by the Flourishing Food and Beverages Industry

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Global Oleoresin Market Size, Share, Analysis, Demand: By Product: Paprika, Black Pepper, Capsicum, Turmeric, Garlic, Onion, Others; By Application: Food and Beverages, Pharmaceuticals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Oleoresin Market Share

Paprika oleoresin maintains its dominance in the market due to its wide usage as a natural colouring agent in the food sector

Paprika oleoresin holds the highest share in the oleoresin market. In the food sector, paprika oleoresin is primarily used as a colouring agent. It provides a range of colours from bright orange to deep red, making it a popular choice for colouring meats, sausages, processed foods, snacks, and seasonings. It contains various antioxidants, such as carotenoids and capsaicinoids, which are beneficial for health. These antioxidants help fight free radicals in the body, reducing the risk of chronic diseases and promoting overall health. Due to these properties, paprika oleoresin is also used in cosmetic formulations for skincare products, where it can help protect the skin from oxidative stress and enhance its appearance.

 

Black pepper oleoresin market is anticipated to grow at a robust rate in the coming years. Black pepper oleoresin is highly valued for its distinctive pungent and spicy flavour, making it a popular ingredient in the food sector.  It is used as a flavouring agent in a wide range of products, including processed meats, sauces, marinades, soups, and snacks. The oleoresin provides a consistent flavour profile and is easier to handle and store compared to whole or ground black pepper.

 

The food and beverage sector accounts for a major share as oleoresin is widely used to enhance the flavour and appearance of food products

The food and beverage sector occupies a substantial market share. As oleoresin provides the same flavour, aroma, and texture as the original spice while having a longer shelf life, it is increasingly used in the food and beverage sector. The increasing preference for oleoresins due to their economic feasibility, easier quality control, non-volatility, and the requirement of lesser storage spaces by the food and beverages sector is fuelling the segment's growth. The surging popularity of health supplements for physical and emotional well-being and the rising popularity of ethnic foods with authentic flavours in countries like the United Kingdom, Germany, France, Italy, Spain, and the United States, among others, which use oleoresins such as turmeric oleoresin extensively, is aiding the market growth.

 

The pharmaceutical sector is anticipated to witness sizeable growth in the oleoresin market in the coming years due to the various medicinal and therapeutic properties of oleoresins. There is a growing trend towards natural and plant-based ingredients in the pharmaceutical sector. Oleoresins provide a natural alternative to synthetic chemicals and additives, aligning with consumer preferences for cleaner and safer products.

 

Oleoresin Market Report Snapshots

Oleoresin Market Size

Oleoresin Market Share

Oleoresin Market Growth

Oleoresin Market Trends

Oleoresin Market Regional Analysis

Oleoresin Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Oleoresin Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Oleoresin Historical Market (2018-2023) 
    8.3    Global Oleoresin Market Forecast (2024-2032)
    8.4    Global Oleoresin Market by Product
        8.4.1    Paprika
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Black Pepper
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Capsicum
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Turmeric
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Garlic
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Onion
            8.4.6.1    Historical Trend (2018-2023)
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Others
    8.5    Global Oleoresin Market by Application
        8.5.1    Food and Beverages
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Pharmaceuticals
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    Global Oleoresin Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Oleoresin Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Oleoresin Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Oleoresin  Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Oleoresin Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Oleoresin Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Trade Data Analysis 
    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Universal Oleoresins
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Trilogy Essential Ingredients, Inc.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Paprika Oleo's (India) Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    S.A.S. Jean GAZIGNAIRE
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Indesso
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Synthite Industries Private Limited
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Oleoresin Market: Key Industry Highlights, 2018 and 2032
2.    Global Oleoresin Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Oleoresin Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Oleoresin Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Oleoresin Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Oleoresin Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Oleoresin Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Oleoresin Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Oleoresin Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Oleoresin Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Oleoresin Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Oleoresin Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Oleoresin Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Oleoresin Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Oleoresin Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Oleoresin Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Oleoresin Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Major Exporting Countries by Value
19.    Major Importing Countries by Value
20.    Major Exporting Countries by Volume
21.    Major Importing Countries by Volume
22.    North America Historical Price Trends and Forecast (2018-2032)
23.    Europe Historical Price Trends and Forecast (2018-2032)
24.    Asia Pacific Historical Price Trends and Forecast (2018-2032)
25.    Latin America Historical Price Trends and Forecast (2018-2032)
26.    Middle East and Africa Historical Price Trends and Forecast (2018-2032)
27.    Global Oleoresin Market Structure

Key Questions Answered in the Report

What was the global oleoresin market size in 2023?

In 2023, the global oleoresin market attained a value of nearly USD 1.89 billion.

What is the growth rate of the global oleoresin market?

The market is projected to grow at a CAGR of 5.70% between 2024 and 2032.

What is the forecast outlook of the global oleoresin market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach approximately USD 2.62 billion by 2032.

What are the major market drivers?

The market is being aided by the increasing use of oleoresin in the food and beverages industry and the rising demand for ethnic foods in various western countries.

What are the key trends of the global oleoresin market?

The key trends guiding the market include growing health consciousness, rising demand for immunity-boosting products, and the surging use of oleoresin in the healthcare sector to treat various skin-related diseases.

What are the major regional markets of oleoresin, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major products of oleoresin in the market?

The major products of oleoresin in the market are paprika, black pepper, capsicum, turmeric, garlic, and onion, among others.

What are the significant applications of oleoresin?

The significant applications of the product are food and beverages and pharmaceuticals, among others.

Who are the key players in the global oleoresin industry, according to the report?

The major players in the market are Universal Oleoresins, Trilogy Essential Ingredients, Inc., Paprika Oleo's (India) Ltd., S.A.S. Jean GAZIGNAIRE, Indesso, and Synthite Industries Private Limited, among others.

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