Uploaded on Jan 6, 2021
An extensive study of the product application and services conducted by subject matter experts assessing the market will help product owners to make a wise decision.
Oleoresins Market Growth Forecast- Global Industry Outlook 2027
Oleoresins Market To Reach USD
1.9 Billion By 2026
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Market Summary
Easy to transport, more stable when heated, more
economical to use, free from contamination, longer
shelf life due to minimal oxidative degradation or
loss of flavor are the major driving factors for
Oleoresin Market
Market Size – USD 1.3 Billion in 2018, Market
Growth - CAGR of 4.7%, Market Trends – Higher
raw material Prices is a major restraint for market.
M a Orkuetr S Aumpmparroyach
According to the Reports and Data, global oleoresins market was valued at USD 1.3 Billion in 2018 and is projected
to grow at a CAGR of 4.7% from 2019 to reach USD 1.9 Billion by the year 2026. As consumers are progressively
becoming fitness conscious, there's an increasing modification towards natural and organic products across the
world. An oversized number of processed meat and packaged foods manufacturers are moving towards using
oleoresins as a substitute to ground spices thanks to hygiene and food safety concerns and straightforward
transportability. Food manufacturers also are moving far from synthetic flavors and nature-identical colors and are
using oleoresins instead. This shift has played a vital role in propelling the expansion of the industry.
Oleoresins such as paprika, capsicum, black pepper, ginger, garlic, jalapeno, oregano, rosemary, thyme, and more
are primarily demanded in the manufacturing of seasonings and condiments including sauces, dips, spice mixes and
more. Owing to this, the industry has witnessed significant growth over the review period.
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
• By type, turmeric based resins are extensively utilized in healthcare and pharmaceutical industries
to treat several dermatological conditions. The rising application of turmeric oleoresins in food &
beverage is thrusting the market growth. The rising food & beverages industry, especially in Asia
Pacific, is projected to impel the market. The turmeric oleoresins are growing at a CAGR of 4.1%
during the analysis period.
• Asia pacific region is expected to grow at a CAGR of 5.1% during the forecasted period. Increasing
consumer awareness regarding the low-calorie diet and healthy diet is driving the market growth.
Also, the major production rate is expected to foster the market. For instance, India is the one of
the major producers of pepper oleoresins.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/oleoresins-market
M a r kOeut Sru Ampmparyoach
Key participants : Akay Group (India), Synthite Industries Pvt. Ltd. (India), AVT Naturals (India), Givaudan
(Switzerland), PT Indesso Aroma (Indonesia), Vidya Herbs Private Limited (India), Ungerer & Company (US),
Kancor Ingredients Ltd. (India), Plant Lipids (India), Kalsec Inc.(US), Gazignaire (France), and Universal
Oleoresins (India).
For the purpose of this study, Reports and Data have segmented the Oleoresins market on the basis of
source, application, extraction process and region:
By Source (Volume Kilo Tons, Revenue, USD Million; 2019-2026)
Paprika
Capsicum
Seed spices
Turmeric
Ginger
Cinnamon & cassia
Herbs
Others (cardamom, floral, asafetida, tamarind, nutmeg, onion, and garlic)
M a rOkeut rSu Ampmparyoach
Application (Volume Kilo Tons, Revenue, USD Million; 2019-2026)
Food & beverages
Pharmaceuticals & nutraceuticals
Personal care products
Feed
Others
Extraction process (Qualitative)
Solvent extraction
Supercritical fluid extraction
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About Us
A b oOuutr U Aspproach
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