Press release
Capsicum Oleoresin Market Growth Factors, Demand and Trends Forecast to 2029| Synthite Industries, Plant Lipids, Akay Flavours & Aromatics
Los Angeles, United State: Global Capsicum Oleoresin market is expected to reach to US$ 82 million in 2023, with a positive growth of %, compared with US$ 80 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Capsicum Oleoresin industry is evaluated to reach US$ 113.1 million in 2029. The CAGR will be 5.5% during 2023 to 2029.The Capsicum Oleoresin market refers to the global trade and consumption of a concentrated extract derived from Capsicum fruits, which include chili peppers and bell peppers. Capsicum Oleoresin is widely used as a food additive, flavoring agent, and coloring agent in various industries, including food and beverages, pharmaceuticals, personal care products, and animal feed.
The market for Capsicum Oleoresin has been growing steadily over the years due to its versatile applications and the increasing demand for spicy and flavorful food products. The compound responsible for the pungency in Capsicum Oleoresin is capsaicin, which is known for its numerous health benefits, including pain relief, improved digestion, and potential weight loss.
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Key factors driving the Capsicum Oleoresin market include:
Growing demand for natural food ingredients: Consumers are increasingly seeking natural and clean label products, which has fueled the demand for Capsicum Oleoresin as a natural flavor and color enhancer.
Expansion of the food and beverage industry: The food and beverage industry is experiencing significant growth, driven by changing consumer preferences and the introduction of new product variants. Capsicum Oleoresin finds extensive use in the preparation of sauces, seasonings, snacks, and ready-to-eat meals.
Rising popularity of spicy and ethnic cuisines: The global popularity of spicy and ethnic cuisines, such as Mexican, Indian, and Thai, has increased the demand for Capsicum Oleoresin as a key ingredient in various traditional and fusion dishes.
Growing awareness of health benefits: Capsicum Oleoresin contains capsaicin, which has been associated with several health benefits, including pain relief, improved cardiovascular health, and potential weight management. This has led to increased consumer awareness and the inclusion of Capsicum Oleoresin in dietary supplements and functional foods.
Technological advancements in extraction processes: Advancements in extraction techniques have improved the quality and efficiency of Capsicum Oleoresin production, leading to increased supply and reduced costs, which positively impact the market growth.
Key Players Mentioned in the Global Capsicum Oleoresin Market Research Report: Synthite Industries, Plant Lipids, Akay Flavours & Aromatics, AVT Natural Products, UniversalOleoresins, BOS Natural Flavors, Greenleaf, Vidya Herbs, India Essential Oils, HDDES Group, PT Mitra Ayu Adi Pratama
Players can use the report to gain sound understanding of the growth trend of important segments of the global Capsicum Oleoresin market. The report offers separate analysis of product type and application segments of the global Capsicum Oleoresin market. Each segment is studied in great detail to provide a clear and thorough analysis of its market growth, future growth potential, growth rate, growth drivers, and other key factors. The segmental analysis offered in the report will help players to discover rewarding growth pockets of the global Capsicum Oleoresin market and gain a competitive advantage over their opponents.
Global Capsicum Oleoresin Market Segment by Type: Water Soluble Capsicum Oleoresin, Oil Soluble Capsicum Oleoresin
Global Capsicum Oleoresin Market Segment by Application: Food Seasonings, Food Coatings, Poultry Feed Color Additive, Medicines, Other
Key regions including but not limited to North America, Asia Pacific, Europe, and the MEA are exhaustively analyzed based on market size, CAGR, market potential, economic and political factors, regulatory scenarios, and other significant parameters. The regional analysis provided in the report will help market participants to identify lucrative and untapped business opportunities in different regions and countries. It includes a special study on production and production rate, import and export, and consumption in each regional Capsicum Oleoresin market considered for research. The report also offers detailed analysis of country-level Capsicum Oleoresin markets.
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Table of Content
"1 Study Coverage
1.1 Capsicum Oleoresin Product Introduction
1.2 Market by Type
1.2.1 Global Capsicum Oleoresin Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 Water Soluble Capsicum Oleoresin
1.2.3 Oil Soluble Capsicum Oleoresin
1.3 Market by Application
1.3.1 Global Capsicum Oleoresin Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 Food Seasonings
1.3.3 Food Coatings
1.3.4 Poultry Feed Color Additive
1.3.5 Medicines
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Capsicum Oleoresin Production
2.1 Global Capsicum Oleoresin Production Capacity (2018-2029)
2.2 Global Capsicum Oleoresin Production by Region: 2018 VS 2022 VS 2029
2.3 Global Capsicum Oleoresin Production by Region
2.3.1 Global Capsicum Oleoresin Historic Production by Region (2018-2023)
2.3.2 Global Capsicum Oleoresin Forecasted Production by Region (2024-2029)
2.3.3 Global Capsicum Oleoresin Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Capsicum Oleoresin Revenue Estimates and Forecasts 2018-2029
3.2 Global Capsicum Oleoresin Revenue by Region
3.2.1 Global Capsicum Oleoresin Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global Capsicum Oleoresin Revenue by Region (2018-2023)
3.2.3 Global Capsicum Oleoresin Revenue by Region (2024-2029)
3.2.4 Global Capsicum Oleoresin Revenue Market Share by Region (2018-2029)
3.3 Global Capsicum Oleoresin Sales Estimates and Forecasts 2018-2029
3.4 Global Capsicum Oleoresin Sales by Region
3.4.1 Global Capsicum Oleoresin Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global Capsicum Oleoresin Sales by Region (2018-2023)
3.4.3 Global Capsicum Oleoresin Sales by Region (2024-2029)
3.4.4 Global Capsicum Oleoresin Sales Market Share by Region (2018-2029)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Capsicum Oleoresin Sales by Manufacturers
4.1.1 Global Capsicum Oleoresin Sales by Manufacturers (2018-2023)
4.1.2 Global Capsicum Oleoresin Sales Market Share by Manufacturers (2018-2023)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Capsicum Oleoresin in 2022
4.2 Global Capsicum Oleoresin Revenue by Manufacturers
4.2.1 Global Capsicum Oleoresin Revenue by Manufacturers (2018-2023)
4.2.2 Global Capsicum Oleoresin Revenue Market Share by Manufacturers (2018-2023)
4.2.3 Global Top 10 and Top 5 Companies by Capsicum Oleoresin Revenue in 2022
4.3 Global Capsicum Oleoresin Sales Price by Manufacturers
4.4 Global Key Players of Capsicum Oleoresin, Industry Ranking, 2021 VS 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Capsicum Oleoresin Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Capsicum Oleoresin, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Capsicum Oleoresin, Product Offered and Application
4.8 Global Key Manufacturers of Capsicum Oleoresin, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Capsicum Oleoresin Sales by Type
5.1.1 Global Capsicum Oleoresin Historical Sales by Type (2018-2023)
5.1.2 Global Capsicum Oleoresin Forecasted Sales by Type (2024-2029)
5.1.3 Global Capsicum Oleoresin Sales Market Share by Type (2018-2029)
5.2 Global Capsicum Oleoresin Revenue by Type
5.2.1 Global Capsicum Oleoresin Historical Revenue by Type (2018-2023)
5.2.2 Global Capsicum Oleoresin Forecasted Revenue by Type (2024-2029)
5.2.3 Global Capsicum Oleoresin Revenue Market Share by Type (2018-2029)
5.3 Global Capsicum Oleoresin Price by Type
5.3.1 Global Capsicum Oleoresin Price by Type (2018-2023)
5.3.2 Global Capsicum Oleoresin Price Forecast by Type (2024-2029)
6 Market Size by Application
6.1 Global Capsicum Oleoresin Sales by Application
6.1.1 Global Capsicum Oleoresin Historical Sales by Application (2018-2023)
6.1.2 Global Capsicum Oleoresin Forecasted Sales by Application (2024-2029)
6.1.3 Global Capsicum Oleoresin Sales Market Share by Application (2018-2029)
6.2 Global Capsicum Oleoresin Revenue by Application
6.2.1 Global Capsicum Oleoresin Historical Revenue by Application (2018-2023)
6.2.2 Global Capsicum Oleoresin Forecasted Revenue by Application (2024-2029)
6.2.3 Global Capsicum Oleoresin Revenue Market Share by Application (2018-2029)
6.3 Global Capsicum Oleoresin Price by Application
6.3.1 Global Capsicum Oleoresin Price by Application (2018-2023)
6.3.2 Global Capsicum Oleoresin Price Forecast by Application (2024-2029)
7 US & Canada
7.1 US & Canada Capsicum Oleoresin Market Size by Type
7.1.1 US & Canada Capsicum Oleoresin Sales by Type (2018-2029)
7.1.2 US & Canada Capsicum Oleoresin Revenue by Type (2018-2029)
7.2 US & Canada Capsicum Oleoresin Market Size by Application
7.2.1 US & Canada Capsicum Oleoresin Sales by Application (2018-2029)
7.2.2 US & Canada Capsicum Oleoresin Revenue by Application (2018-2029)
7.3 US & Canada Capsicum Oleoresin Sales by Country
7.3.1 US & Canada Capsicum Oleoresin Revenue by Country: 2018 VS 2022 VS 2029
7.3.2 US & Canada Capsicum Oleoresin Sales by Country (2018-2029)
7.3.3 US & Canada Capsicum Oleoresin Revenue by Country (2018-2029)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Capsicum Oleoresin Market Size by Type
8.1.1 Europe Capsicum Oleoresin Sales by Type (2018-2029)
8.1.2 Europe Capsicum Oleoresin Revenue by Type (2018-2029)
8.2 Europe Capsicum Oleoresin Market Size by Application
8.2.1 Europe Capsicum Oleoresin Sales by Application (2018-2029)
8.2.2 Europe Capsicum Oleoresin Revenue by Application (2018-2029)
8.3 Europe Capsicum Oleoresin Sales by Country
8.3.1 Europe Capsicum Oleoresin Revenue by Country: 2018 VS 2022 VS 2029
8.3.2 Europe Capsicum Oleoresin Sales by Country (2018-2029)
8.3.3 Europe Capsicum Oleoresin Revenue by Country (2018-2029)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Capsicum Oleoresin Market Size by Type
9.1.1 China Capsicum Oleoresin Sales by Type (2018-2029)
9.1.2 China Capsicum Oleoresin Revenue by Type (2018-2029)
9.2 China Capsicum Oleoresin Market Size by Application
9.2.1 China Capsicum Oleoresin Sales by Application (2018-2029)
9.2.2 China Capsicum Oleoresin Revenue by Application (2018-2029)
10 Asia (excluding China)
10.1 Asia Capsicum Oleoresin Market Size by Type
10.1.1 Asia Capsicum Oleoresin Sales by Type (2018-2029)
10.1.2 Asia Capsicum Oleoresin Revenue by Type (2018-2029)
10.2 Asia Capsicum Oleoresin Market Size by Application
10.2.1 Asia Capsicum Oleoresin Sales by Application (2018-2029)
10.2.2 Asia Capsicum Oleoresin Revenue by Application (2018-2029)
10.3 Asia Capsicum Oleoresin Sales by Region
10.3.1 Asia Capsicum Oleoresin Revenue by Region: 2018 VS 2022 VS 2029
10.3.2 Asia Capsicum Oleoresin Revenue by Region (2018-2029)
10.3.3 Asia Capsicum Oleoresin Sales by Region (2018-2029)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Capsicum Oleoresin Market Size by Type
11.1.1 Middle East, Africa and Latin America Capsicum Oleoresin Sales by Type (2018-2029)
11.1.2 Middle East, Africa and Latin America Capsicum Oleoresin Revenue by Type (2018-2029)
11.2 Middle East, Africa and Latin America Capsicum Oleoresin Market Size by Application
11.2.1 Middle East, Africa and Latin America Capsicum Oleoresin Sales by Application (2018-2029)
11.2.2 Middle East, Africa and Latin America Capsicum Oleoresin Revenue by Application (2018-2029)
11.3 Middle East, Africa and Latin America Capsicum Oleoresin Sales by Country
11.3.1 Middle East, Africa and Latin America Capsicum Oleoresin Revenue by Country: 2018 VS 2022 VS 2029
11.3.2 Middle East, Africa and Latin America Capsicum Oleoresin Revenue by Country (2018-2029)
11.3.3 Middle East, Africa and Latin America Capsicum Oleoresin Sales by Country (2018-2029)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Synthite Industries
12.1.1 Synthite Industries Company Information
12.1.2 Synthite Industries Overview
12.1.3 Synthite Industries Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.1.4 Synthite Industries Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Synthite Industries Recent Developments
12.2 Plant Lipids
12.2.1 Plant Lipids Company Information
12.2.2 Plant Lipids Overview
12.2.3 Plant Lipids Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.2.4 Plant Lipids Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Plant Lipids Recent Developments
12.3 Akay Flavours & Aromatics
12.3.1 Akay Flavours & Aromatics Company Information
12.3.2 Akay Flavours & Aromatics Overview
12.3.3 Akay Flavours & Aromatics Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.3.4 Akay Flavours & Aromatics Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Akay Flavours & Aromatics Recent Developments
12.4 AVT Natural Products
12.4.1 AVT Natural Products Company Information
12.4.2 AVT Natural Products Overview
12.4.3 AVT Natural Products Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.4.4 AVT Natural Products Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 AVT Natural Products Recent Developments
12.5 UniversalOleoresins
12.5.1 UniversalOleoresins Company Information
12.5.2 UniversalOleoresins Overview
12.5.3 UniversalOleoresins Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.5.4 UniversalOleoresins Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 UniversalOleoresins Recent Developments
12.6 BOS Natural Flavors
12.6.1 BOS Natural Flavors Company Information
12.6.2 BOS Natural Flavors Overview
12.6.3 BOS Natural Flavors Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.6.4 BOS Natural Flavors Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 BOS Natural Flavors Recent Developments
12.7 Greenleaf
12.7.1 Greenleaf Company Information
12.7.2 Greenleaf Overview
12.7.3 Greenleaf Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.7.4 Greenleaf Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Greenleaf Recent Developments
12.8 Vidya Herbs
12.8.1 Vidya Herbs Company Information
12.8.2 Vidya Herbs Overview
12.8.3 Vidya Herbs Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.8.4 Vidya Herbs Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Vidya Herbs Recent Developments
12.9 India Essential Oils
12.9.1 India Essential Oils Company Information
12.9.2 India Essential Oils Overview
12.9.3 India Essential Oils Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.9.4 India Essential Oils Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 India Essential Oils Recent Developments
12.10 HDDES Group
12.10.1 HDDES Group Company Information
12.10.2 HDDES Group Overview
12.10.3 HDDES Group Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.10.4 HDDES Group Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 HDDES Group Recent Developments
12.11 PT Mitra Ayu Adi Pratama
12.11.1 PT Mitra Ayu Adi Pratama Company Information
12.11.2 PT Mitra Ayu Adi Pratama Overview
12.11.3 PT Mitra Ayu Adi Pratama Capsicum Oleoresin Capacity, Sales, Price, Revenue and Gross Margin (2018-2023)
12.11.4 PT Mitra Ayu Adi Pratama Capsicum Oleoresin Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 PT Mitra Ayu Adi Pratama Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Capsicum Oleoresin Industry Chain Analysis
13.2 Capsicum Oleoresin Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Capsicum Oleoresin Production Mode & Process
13.4 Capsicum Oleoresin Sales and Marketing
13.4.1 Capsicum Oleoresin Sales Channels
13.4.2 Capsicum Oleoresin Distributors
13.5 Capsicum Oleoresin Customers
14 Capsicum Oleoresin Market Dynamics
14.1 Capsicum Oleoresin Industry Trends
14.2 Capsicum Oleoresin Market Drivers
14.3 Capsicum Oleoresin Market Challenges
14.4 Capsicum Oleoresin Market Restraints
15 Key Finding in The Global Capsicum Oleoresin Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
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