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PUBLISHER: IMARC | PRODUCT CODE: 1541683

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PUBLISHER: IMARC | PRODUCT CODE: 1541683

Oleoresin Market Report by Product (Paprika, Black Pepper, Capsicum, Turmeric, Ginger, Garlic, Onion, and Others), Application (Food and Beverages, Flavors, Pharmaceuticals, and Others), and Region 2024-2032

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The global oleoresin market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.

Oleoresins are natural extracts with a complex mixture of resins and fatty oils that are obtained via a solvent extraction process. They provide several advantages over conventional herbs and spices, including cost-efficiency, heat stability, flavor consistency, microbial contamination prevention, easy storage and handling, and long shelf life. The application of different oleoresins varies depending on their properties. For example, paprika oleoresin is mainly used as a colorant and flavoring agent in cheese, sauces, beverages, confectionery, and processed meat products. Black pepper oleoresins are widely utilized in health products as they impart taste and have antioxidant properties.

The rising demand for snacks and fast-food items on account of the increasing per capita income and changing consumer preferences represents one of the major factors positively influencing the application of oleoresins in the food and beverage (F&B) industry. Moreover, the growing interest in ethnic cuisines with exotic flavors due to significant growth in interpopulation is influencing the utilization of oleoresins in gourmet restaurants and luxury hotels. Additionally, improving awareness among individuals about maintaining health and increasing willingness to spend on high-quality products are encouraging food manufacturers to replace artificial ingredients with clean label ingredients. Apart from this, oleoresins are gaining traction in the pharmaceutical industry to prepare medicines and the personal care industry to manufacture soaps and body lotions. Furthermore, with the expanding agriculture industry wherein oleoresins are utilized as natural colorants and flavoring agents in animal feed for domestic livestock, their demand is anticipated to rise.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global oleoresin market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.

Breakup by Product:

Paprika

Black Pepper

Capsicum

Turmeric

Ginger

Garlic

Onion

Others

Breakup by Application:

Food and Beverages

Flavors

Pharmaceuticals

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Akay Natural Ingredients Private Limited, Ambe Phytoextracts Pvt. Ltd., AVT Natural Products Limited, Bioprex Labs, Gurjar Phytochem Pvt. Ltd., Jean GAZIGNAIRE S.A.S., Kalsec Inc., Kancor Ingredients Ltd, Plant Lipids, Synthite Industries Ltd and Universal Oleoresins.

Key Questions Answered in This Report

  • 1. How big is the global oleoresin market?
  • 2. What is the expected growth rate of the global oleoresin market during 2024-2032?
  • 3. What are the key factors driving the global oleoresin market?
  • 4. What has been the impact of COVID-19 on the global oleoresin market?
  • 5. What is the breakup of the global oleoresin market based on the product?
  • 6. What is the breakup of the global oleoresin market based on the application?
  • 7. What are the key regions in the global oleoresin market?
  • 8. Who are the key players/companies in the global oleoresin market?
Product Code: SR112024A3870

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Oleoresin Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Paprika
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Black Pepper
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Capsicum
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Turmeric
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Ginger
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Garlic
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Onion
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast
  • 6.8 Others
    • 6.8.1 Market Trends
    • 6.8.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Food and Beverages
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Flavors
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Pharmaceuticals
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Akay Natural Ingredients Private Limited
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 Ambe Phytoextracts Pvt. Ltd.
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
    • 13.3.3 AVT Natural Products Limited
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
    • 13.3.4 Bioprex Labs
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
    • 13.3.5 Gurjar Phytochem Pvt. Ltd.
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Jean GAZIGNAIRE S.A.S.
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Kalsec Inc.
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 Kancor Ingredients Ltd
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9 Plant Lipids
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10 Synthite Industries Ltd
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
    • 13.3.11 Universal Oleoresins
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio
Product Code: SR112024A3870

List of Figures

  • Figure 1: Global: Oleoresin Market: Major Drivers and Challenges
  • Figure 2: Global: Oleoresin Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Oleoresin Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Oleoresin Market: Breakup by Product (in %), 2023
  • Figure 5: Global: Oleoresin Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Oleoresin Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Oleoresin (Paprika) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Oleoresin (Paprika) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Oleoresin (Black Pepper) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Oleoresin (Black Pepper) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Oleoresin (Capsicum) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Oleoresin (Capsicum) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Oleoresin (Turmeric) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Oleoresin (Turmeric) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Oleoresin (Ginger) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Oleoresin (Ginger) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Oleoresin (Garlic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Oleoresin (Garlic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Oleoresin (Onion) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Oleoresin (Onion) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Oleoresin (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Oleoresin (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Oleoresin (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Oleoresin (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Oleoresin (Flavors) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Oleoresin (Flavors) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Oleoresin (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Oleoresin (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Oleoresin (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Oleoresin (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: North America: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: North America: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: United States: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: United States: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Canada: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Canada: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Asia-Pacific: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Asia-Pacific: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: China: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: China: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Japan: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Japan: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: India: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: India: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: South Korea: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: South Korea: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Australia: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Australia: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Indonesia: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Indonesia: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Others: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Others: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Europe: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Europe: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Germany: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Germany: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: France: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: France: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: United Kingdom: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: United Kingdom: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Italy: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Italy: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Spain: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Spain: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Russia: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Russia: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Others: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Others: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Latin America: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Latin America: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Brazil: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Brazil: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Mexico: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Mexico: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Others: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Others: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Middle East and Africa: Oleoresin Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Middle East and Africa: Oleoresin Market: Breakup by Country (in %), 2023
  • Figure 79: Middle East and Africa: Oleoresin Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Global: Oleoresin Industry: SWOT Analysis
  • Figure 81: Global: Oleoresin Industry: Value Chain Analysis
  • Figure 82: Global: Oleoresin Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Oleoresin Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Oleoresin Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 3: Global: Oleoresin Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Oleoresin Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Oleoresin Market: Competitive Structure
  • Table 6: Global: Oleoresin Market: Key Players
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