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Global Oleoresin Market Report and Forecast 2022-2027

  • ID: 5558095
  • Report
  • October 2022
  • Region: Global
  • 195 Pages
  • Expert Market Research

FEATURED COMPANIES

  • Indesso
  • S.A.S. Jean GAZIGNAIRE
  • Universal Oleoresins
According to this latest report, ‘Global Oleoresin Market Report and Forecast 2022-2027’, the global oleoresin market attained a value of USD 1783.8 million in 2021. Aided by the escalating health consciousness, the market is projected to further grow at a CAGR of 4.5% between 2022 and 2027 to reach a value of USD 2356.2 million by 2027.



Oleoresins are semi-solid extracts prepared from the evaporation of spices such as cardamom, cinnamon, fenugreek, ginger, turmeric, vanilla, and others. These oleoresins are majorly used as flavouring agents across several end use industries. For instance, in beverages and confectioneries, oleoresins are used to induce flavour and aroma. Meanwhile, oleoresins also offer medicinal benefits leading to their increased use in the pharmaceutical industry as an ingredient to reduce muscle or joint pain. In addition, oleoresins also find use as an aromatic compound in perfumes, soaps, and other personal care products. Additionally, oleoresins are also used in the production of tear gas and pepper sprays.

The rising awareness regarding the health benefits of oleoresin as a natural flavouring agent and the disadvantage of using synthetic flavours is projected to bolster the market growth. This can be attributed to the growing consumer demand for clean-labelled products. In addition, the increasing purchasing power of consumers and their willingness to spend more on premium quality products are projected to propel the growth of the market. In this regard, oleoresins are increasingly used as a colourant and flavouring agent in processed foods such as juices, sauces, and packaged meat products. Moreover, the increased shelf life of oleoresins leads to their extensive use in preserving food items like pickles and curry powders. Furthermore, the antioxidant, anti-cancer, and anti-inflammatory properties of oleoresins are leading to their increased usage in pharmaceutical products, which is expected to support the market growth. Moreover, the growing investments by the key industry players to develop improved flavour profiles for a range of food applications are expected to enhance the demand for oleoresins in the forecast period.

Market Segmentation


The market report analyses the market based on segmentations such as product, application, and major region.

Market Breakup by Product

  • Paprika
  • Black Pepper
  • Capsicum
  • Turmeric
  • Garlic
  • Onion
  • Others

Market Breakup by Application

  • Food and Beverages
  • Pharmaceuticals
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape


The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry. Some of the major players in the market explored in the report are:
  • Universal Oleoresins
  • Trilogy Essential Ingredients, Inc.
  • Paprika Oleo's (India) Ltd.
  • S.A.S. Jean GAZIGNAIRE
  • Indesso
  • Synthite Industries Private Limited
  • Others
Frequently Asked Questions about the Global Oleoresin Market

What is the estimated value of the Global Oleoresin Market?

The Global Oleoresin Market was estimated to be valued at $1889.0 Million in 2022.

What is the growth rate of the Global Oleoresin Market?

The growth rate of the Global Oleoresin Market is 4.5%, with an estimated value of $2356.2 Million by 2027.

What is the forecasted size of the Global Oleoresin Market?

The Global Oleoresin Market is estimated to be worth $2356.2 Million by 2027.

Who are the key companies in the Global Oleoresin Market?

Key companies in the Global Oleoresin Market include Universal Oleoresins, Trilogy Essential Ingredients, Inc., Paprika Oleo's (India) Ltd., S.A.S. Jean GAZIGNAIRE and Synthite Industries Private Limited.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Indesso
  • S.A.S. Jean GAZIGNAIRE
  • Universal Oleoresins

1 Preface2 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 Industry Opportunities and Challenges
8 Global Oleoresin Market Analysis
8.1 Key Industry Highlights
8.2 Global Oleoresin Historical Market (2017-2021)
8.3 Global Oleoresin Market Forecast (2022-2027)
8.4 Global Oleoresin Market by Product
8.4.1 Paprika
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Black Pepper
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Capsicum
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Turmeric
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Garlic
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Onion
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2017-2021)
8.4.6.3 Forecast Trend (2022-2027)
8.4.7 Others
8.5 Global Oleoresin Market by Application
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Oleoresin Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.3 Spain
9.2.3.4 Netherlands
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.2 Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.3 Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.4 Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
13.5 Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Universal Oleoresins
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Trilogy Essential Ingredients, Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Paprika Oleo's (India) Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 S.A.S. Jean GAZIGNAIRE
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Indesso
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Synthite Industries Private Limited
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
Note: Product cover images may vary from those shown
  • Universal Oleoresins
  • Trilogy Essential Ingredients, Inc.
  • Paprika Oleo's (India) Ltd.
  • S.A.S. Jean GAZIGNAIRE
  • Indesso
  • Synthite Industries Private Limited
Note: Product cover images may vary from those shown

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