Press release
Global Oleoresins Market to exceed USD 1.65 Million By 2020
Zion Research has published a new report titled “Oleoresins (Black Pepper, Paprika, Capsicum, Tomato, Marigold, Turmeric and Others) Market for Food & Beverage, Pharmaceutical, Flavoring & Coloring Agent and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020” According to the report, the global oleoresins market was valued at approximately USD 1.0 million in 2014 and is expected to reach approximately USD 1.65 million by 2020, growing at a CAGR of around 9% between 2015 and 2020.Request Sample Report: http://bit.ly/2jTLHen
Oleoresins are the flavor extracts obtained from spices by extraction with a non-aqueous solvent followed by removal of the solvent by evaporation. Oleoresins are concentrated natural liquid flavoring that contain both volatile and non-volatile flavor ingredients. Oleoresins are mostly preferred because of their microbiological advantages, uniformity in flavor and aroma, ease of storage and transport. Oleoresins are extracted by solvent extraction process, Supercritical fluid extraction process, or steam distillation process. Oleoresins can replace the original ground spice with a standardized aroma and taste that can be modified as per the requirement of the product.
Different product segments of the oleoresins market include black pepper, paprika, capsicum, tomato, marigold, turmeric and others. Some key product types, black pepper, paprika, capsicum constitutes the largest market share in 2014. Tomato oleoresin is another leading segment and expected to grow at significant growth rate owing to its rising application in beverages, processed food and soups. Turmeric oleoresins are widely used in pharmaceutical application segment owing to its crucial role in relieving pain, depression and stress.
Browse the full "Oleoresins (Black pepper, Paprika, Capsicum, Tomato, Marigold, Turmeric and others) Market for Food & Beverage, Pharmaceutical, Flavoring & Coloring Agent and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/oleoresins-market-z47491
Key application segments of the global oleoresins include food & beverage, pharmaceutical, flavoring & coloring agent and others. In 2014, the food & beverage segment dominated the global oleoresins market. Growth in the food & beverage segment is driven by an increase application of paprika and black pepper oleoresins in dairy, beverages and confectionery segments. Flavoring & coloring is another leading application segment and expected to experience rapid pace growth over forecast period. Pharmaceutical segment is expected to exhibit moderate growth in the years to come.
Asia Pacific was the leading regional market for oleoresins owing to strong demand from India. Asia Pacific was followed by Europe with the second largest market share in global oleoresins in 2014. Asia Pacific is expected to grow at a rapid pace owing to strong demand from India and China. North America, Latin America and Middle East & Africa are expected to witness significant growth in the years to come.
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Some of the key participants in the global oleoresins market Adani Pharmachem Private Limited, Kancor Ingredients Limited, Plant Lipids, Givaudan, Ozone Naturals, Universal Oleoresins, Asian Oleoresin Company, Bhoomi Natural Products and Exports Pvt. Ltd., Synthite Industries Ltd., Ungerer & Company and Paprika Oleo's India Limited.
This report segments the global oleoresins market as follows:
Global Oleoresins Market: Product Segment Analysis
Black Pepper
Paprika
Capsicum
Tomato
Marigold
Turmeric
Others
Global Oleoresins Market: Application Segment Analysis
Food & Beverage
Pharmaceutical
Flavoring & Coloring Agent
Others
Global Oleoresins Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
About Us
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
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