Press release
Paprika Market Size, Share, Sales, Demands, Challenges and Opportunities by 2026
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Paprika is a mild-flavored ground spice produced from a combination of dried peppers, including hot chili, bell, cayenne, and Aleppo and poblano peppers. It is a rich source of antioxidants, carotenoids, and natural lipids. These nutrients help to boost the immunity, promote gut health, prevent the onset of cataracts, and reduce the risks of cancer and cardiovascular ailments. Commercially available in sweet, smoked, and hot variants, paprika is widely adopted across the food and beverage (F&B) industry.
Market Trends and Drivers:
The global paprika market is majorly being driven by the increasing consumption of specialty, ready-to-eat (RTE) and baked food products, wherein it is used as a flavor enhancer and stabilizer. The escalating demand for organic products has inflated the sales of natural paprika, which is acting as a growth-inducing factor. In line with this, due to its anti-aging, anti-inflammatory, and anti-depression properties, paprika is extensively being used in the pharmaceutical industry. Furthermore, the improving spending capacity of consumers and the easy product availability through online retail channels are creating a positive outlook for the market.
Paprika Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the paprika market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Chr. Hansen Holding A/S
Evesa
Frutarom Industries Ltd. (International Flavors & Fragrances Inc.)
Kancor Ingredients Limited
Naturex
Plant Lipids
Synthite Industries Ltd.
Ungerer & Company (Givaudan SA)
Unilever Food Solutions
Key Market Segmentation:
The report has segmented the global paprika market on the basis of product, application and region.
Breakup by Product:
Vegetable
Spice Powder
Paprika Oleoresin
Others
Breakup by Application:
Food
Pharmaceuticals
Cosmetics
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3553&flag=C
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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