Market Snapshot:
Oleoresins are made from the mixture of both oil and resin, which can be extracted from plants. It also contains a concentrated substance which is available in liquid form. The main methods of manufacturing oleoresins products are solvent extraction process and supercritical fluid extraction. Oleoresins products have various advantages as compared to ground spices such as have a longer shelf life owing to lower moisture content, more heat-stable, easy to store and transport, among others. It is widely used in the preparation of sauces, meats, soups, dairy products, and others.
Highlights from Oleoresins Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | Europe |
Forecast Value (2027) | USD 2.24 Billion |
Unit | Value (USD Billion) |
CAGR | 6.2% |
The key Vendors profiled in the report are Universal Oleoresins (India), Ungerer & Company (United States), Synthite Industries Private Ltd. (India), Shijiazhuang City Bio Technology co., ltd (China),, Qingdao Ruibang Biotechnology Co., Ltd (China), Jean Gazignaire SA (France), Paras Perfumers (India), Manohar Botanical Extracts Pvt. Ltd. (India), Ambe Group (United Kingdom) and Gurjar Phytochem Pvt. Ltd. (India). Additionally, other players that are part of this comprehensive study are MRT Organic Green Products (India), Nature Plus Herbal Cosmetics (India), Cymbio Pharma Pvt. Ltd. (India), All-Season Herbs Pvt. Ltd. (India), Asian Oleoresin Company (India), Bioprex Labs (India) and Plant Lipids (India).
Geographic Breakdown and Segment Analysis
The Global Oleoresins market presents a comprehensive analysis of the Oleoresins market by product type (Capsicum, Black Pepper, Paprika, Turmeric, Ginger, Garlic and Onion), by end-user/application (Food & Beverages, Pharmaceuticals, Flavors and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Oleoresins industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the Europe holds majority of market share of the Oleoresins market
Analyst at AMA have segmented the market study of Global Oleoresins market by Type, Application and Region. On the basis of Type, Paprika are dominating the market in the year 2021. On the basis of application, Food & Beverages segment is dominating the market.
Oleoresins Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Population and Rising Per Capita Disposable in Developing Countries
- Increasing Preference among Consumer Regarding Natural Ingredients such as pepper, chilies, among others
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Influencing Trends | - One of the latest trends of this market is Growing Demand for Confectionary and Baked Food Products in Developed Countries
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Restraints | - Issue Related To Stringent Regulation Regarding the Usage of Ingredient for Manufacturing Oleoresins Products
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Gaps & Opportunities | - Growing Demand from Emerging Economics such as China, India, Brazil, Philippines, among others
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In June 2018, the Algatechnologies Ltd. (Israel) Company has launched natural patented oleoresin Fucovital, which is more than 3% fucoxanthin oleoresin produced. Hence, this launched will increase the product portfolio of the company.
The oleoresins market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the oleoresins market are Universal Oleoresins (India), Ungerer & Company (United States), Synthite Industries Private Ltd. (India), among others.
Key Target Audience
Manufacturers of Oleoresins Products, Suppliers of Oleoresins Products, Wholesalers, Distributors and Retailers of Oleoresins Products, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others