Global Oleoresins Market By Source (Paprika, Capsicum, Seed spices, Turmeric, Herbs, Ginger, Cinnamon & Cassia, Others), By Application (Food & Beverages, Pharmaceutical & Nutraceutical, Feed, Others), By Extraction Process, By Region, Forecast & Opportunities, 2025

The Global Oleoresins Market is expected to grow at a significant CAGR during the forecast period. The Global Oleoresins Market is driven by the increasing popularity for the integration of natural flavors in processed food. Moreover, growing awareness among the consumers regarding the benefits of consuming of healthy food and supplements is anticipated to positively impact the growth of market during the forecast years. Also, surging product demand from various end-user industries such as the food and beverage industry, pharmaceutical sector, among others, is further expected to bolster the growth of market over the next few years.

The Global Oleoresins Market is segmented based on source, application, extraction process, company and region. Based on source, the market can be categorized into paprika, capsicum, seed spices, turmeric, herbs, ginger, cinnamon & cassia and others. Out of these, the paprika segment dominated the market in terms of largest market share during 2019 and is expected to maintain its position the market during the forecast period as well. This can be ascribed to the increasing demand for paprika as an important seasoning and flavoring ingredient that is being widely used in American cuisines. Moreover, it is widely acceptable in food products on account of its capability to give pungent taste as well as spicy aromatic properties to the food items. This is expected to contribute to the growing size of the segment over the coming years. Additionally, the turmeric segment is forecast to grow at a high pace during the next five years on account of its use to treat several skin diseases in the healthcare industry, which is anticipated to positively influence the growth of segment over the coming years.

Major players operating in the Global Oleoresins Market include Akay Group Ltd., Synthite Industries Private Ltd., AVT Naturals, Givaudan, Pt. Indesso Aroma, Vidya Herbs Private Limited, Ungerer & Company, Kancor Ingredients Limited, Plant Lipids, Kalsec Inc., Gazignaire, Universal Oleoresins and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, agreements, and new developments.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyze and estimate the market size of the Global Oleoresins Market from 2015 to 2018.
• To estimate and forecast the market size of the Global Oleoresins Market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast global oleoresins market based on source, application, extraction process, company and regional distribution.
• To identify dominant region or segment in the Global Oleoresins Market.
• To identify drivers and challenges for the Global Oleoresins Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Oleoresins Market.
• To conduct pricing analysis for the Global Oleoresins Market.
• To identify and analyze the profile of leading players operating in the Global Oleoresins Market.
• To identify key sustainable strategies adopted by market players in the Global Oleoresins Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of companies across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the companies which could not be identified due to the limitations of secondary research. The author analyzed the companies, distribution channels and presence of all major players across the globe.

The author calculated the market size of the Global Oleoresins Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Oleoresins companies, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to oleoresins
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:
In this report, the Global Oleoresins Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Global Oleoresins Market, By Source:
• Paprika
• Capsicum
• Seed spices
• Turmeric
• Herbs
• Ginger
• Cinnamon & Cassia
• Others
• Global Oleoresins Market, By Application:
• Food & Beverages
• Pharmaceutical & Nutraceutical
• Personal Care Products
• Feed
• Global Oleoresins Market, By Extraction Process:
• Solvent Extraction
• Supercritical Fluid Extraction Process
• Global Oleoresins Market, By Region:
• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• South America
• Brazil
• Argentina
• Colombia

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Global Oleoresins Market.

Available Customizations:
With the given market data, researchers offers customizations according to a company’s specific needs.