Press release
Marigold Oleoresin Market Insights: 2022, Progressive Trends, Growth Opportunities and Revenue Forecast to 2032
Market Size and Growth
In 2022, the global marigold oleoresin market was valued at approximately USD 65.8 million. It is projected to reach USD 136.7 million by 2032, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period . This growth is attributed to the rising demand for natural colorants and the expanding applications of marigold oleoresin in various end-use industries.
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Market Segmentation
By Nature:
• Organic: Gaining traction due to consumer inclination towards chemical-free products.
• Conventional: Currently dominant, owing to established cultivation and extraction practices.
By Extraction Method:
• Solvent Extraction: Traditional method widely used for its cost-effectiveness.
• Supercritical Fluid Extraction (SFE): Advanced technique offering higher purity and efficiency .
By Product Form:
• Water-Soluble: Predominantly used in the food and beverage industry for its ease of incorporation.
• Oil-Soluble: Preferred in cosmetics and pharmaceuticals due to better solubility in lipid-based formulations .
By Application:
• Food & Beverages: Utilized as a natural colorant in products like dairy, confectionery, and bakery items.
• Pharmaceuticals & Nutraceuticals: Incorporated in eye health supplements and anti-inflammatory medications.
• Cosmetics & Personal Care: Employed for its skin-soothing and antioxidant properties.
• Animal Feed: Added to enhance pigmentation in poultry and aquaculture.
By Distribution Channel:
• B2B: Bulk sales to manufacturers and formulators.
• B2C: Retail sales through supermarkets, hypermarkets, and online platforms.
Regional Analysis
• North America: Held a significant market share in 2025, with a market size of USD 25.49 million, and is projected to grow at a CAGR of 6.5% from 2025 to 2033 .
• Europe: Accounted for over 29% of the global revenue in 2025, with a market size of USD 85.46 million.
• Asia-Pacific: Demonstrated rapid growth, with a market size of USD 16.54 million in 2025, and is expected to grow at a CAGR of 10.8% from 2025 to 2033 .
• Latin America, Middle East & Africa: Emerging markets showing steady growth due to increasing awareness and adoption of natural products.
Market Drivers and Challenges
Drivers:
• Rising Demand for Natural Colorants: Shift towards clean-label products boosts the use of marigold oleoresin in food and beverages.
• Health Benefits: Lutein and zeaxanthin's role in eye health drives their inclusion in supplements.
• Cosmetic Applications: Antioxidant and anti-inflammatory properties enhance its use in skincare products.
Challenges:
• High Production Costs: Complex extraction processes increase the cost of marigold oleoresin .
• Raw Material Supply Fluctuations: Seasonal and climatic factors affect marigold flower availability.
• Regulatory Hurdles: Stringent quality standards and approvals can impede market entry.
Market Trends
• Technological Advancements: Adoption of supercritical fluid extraction enhances product purity and efficiency.
• Sustainable Practices: Emphasis on eco-friendly cultivation and processing methods aligns with consumer values.
• Product Innovation: Development of water-soluble and oil-soluble variants to cater to diverse applications.
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Competitive Landscape
The marigold oleoresin market is moderately fragmented, with key players focusing on strategic collaborations, product innovation, and expansion to strengthen their market position. Notable companies include:
• Ozone Natural Pvt. Ltd.
• Synthite
• AVT Natural Products
• Olive Lifesciences Private Limited
• Xiamen Boten
• Handan Deyuan Bio-Tech Co., Ltd.
• Chenguang Biotech Group Co., Ltd.
• Plant Lipids
• Naturex (Givaduan)
• Aturex Nutritionals, among others
These companies are investing in research and development to improve extraction techniques and product quality, thereby meeting the evolving demands of various industries.
Future Outlook
The marigold oleoresin market is poised for significant growth, driven by the increasing demand for natural ingredients across multiple sectors. Advancements in extraction technologies and sustainable practices are expected to further enhance market expansion. However, addressing challenges related to production costs and raw material supply will be crucial for sustained growth.
Key Market Study Points
• Market Size and Forecast (2022-2032)
• Segmentation Analysis by Nature, Extraction Method, Product Form, Application, and Distribution Channel
• Regional Market Analysis
• Identification of Market Drivers, Challenges, and Trends
• Competitive Landscape and Company Profiles
• Strategic Recommendations for Market Entry and Expansion
Recent Developments
• In June 2018, AVT Natural Products and Kemin Industries SA extended their strategic collaboration agreement for an additional 10 years, focusing on the supply of value-added marigold oleoresin .
• Ozone Natural Pvt. Ltd. acquired multiple quality certifications, including Halal, FSSAI, Organic, and ISO, to enhance product adaptability and global market reach .
• Companies are increasingly investing in sustainable sourcing and advanced extraction methods to meet the growing demand for natural and eco-friendly products.
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