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Oleoresins Market
Oleoresins Market Size, Share, Forecast, & Trends Analysis by Source (Spices {Paprika, Black Pepper, Turmeric}, Capsicum, Marigold, Garlic), Extraction Process (Solvent Extraction), Application (Food and Beverages, Pharmaceuticals) - Global Forecast to 2031
Report ID:MRFB - 1041226 Pages: 165 Jun-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursOleoresins Market Size & Forecast
The Oleoresins Market is expected to reach $2.49 Billion by 2031, at a CAGR of 4.9% from 2024 to 2031. The growth of this market can be attributed to several factors, including the increasing demand for oleoresins in the food & beverages industry, the growing demand in the pharmaceutical industry, the growing demand for natural colors and flavors, and the increasing adoption of ethnic food. Moreover, growing demand for natural and organic food products, increasing demand for vegan beauty products, and increasing utilization of oleoresins in animal feed are expected to offer growth opportunities for the players operating in this market.
Oleoresins Market Growth Drivers
Increasing Demand for Oleoresins in the Food & Beverages Industry
The growth of the food industry is attributed to rising technological advancements in product manufacturing methodologies, growing health and wellness trends, rising consumer expectations for innovative and healthy food products, a changing food landscape, a growing population, and rising consumer expenditure & disposable income. In addition, R&D activities are also carried out to reduce product costs, enhance sensory properties to make food more attractive, improve nutritional value, increase the shelf-life of products, and offer greater choices of food items to consumers.
However, the food industry is using oleoresins more frequently due to rising demand for natural food additives and flavors, as well as for ready-to-eat and processed food products. There is also an increasing demand for natural and clean ingredients in food and beverages due to increasing concerns about the potential health risks associated with artificial ingredients. These factors are boosting the adoption of oleoresins, further driving the growth of this market.
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Growing Demand in Pharmaceutical Industry
Oleoresin is gaining traction in the pharmaceutical industry as it is used for the development of health supplements due to its high concentration of active compounds. Oleoresins are naturally occurring combinations of oils and resins that can be extracted from plants and have high anti-inflammatory and strong antioxidant properties. As an antioxidant, oleoresins help to scavenge free radicals and protect the body against oxidative damage, correlating to cardiovascular health benefits, sports nutrition and recovery, and skin and joint health. This therapeutic potential has led pharmaceutical companies to increasingly utilize oleoresins in their products, further boosting demand globally. However, herbal and natural remedies have gained popularity in recent years due to natural, green therapy with fewer negative side effects. Therefore, these factors are propelling the growth of the market.
Oleoresins Market Trends
Increasing Adoption of Clean-label Products
Clean labeling is a consumer-driven initiative primarily shaped by consumer perception of ingredient acceptability. Food products containing natural, familiar, and simple ingredients are clean-label products. Factors such as rising demand for organic, natural, and ‘free from’ artificial ingredients are expected to drive the demand for natural food color across the globe.
Additionally, growing health concerns among the global population, coupled with increasing awareness about the benefits of clean-label ingredients, are the key factors driving the growth of the clean-label ingredients market. Moreover, the global sales of clean-label food ingredients are projected to reach around USD 64.1 billion by 2026 [source: Dairy Farmers of America, Inc. (U.S.)]. The demand for clean-label food and consumer packaged goods is driven by consumers' increasing focus on health and wellness. As a result, food manufacturers are increasingly adopting clean-label ingredients like oleoresins to cater to the changing consumer preferences for healthier and more transparent food options. These natural extracts derived from spices and herbs align with the clean-label trend, offering a more recognizable and transparent ingredient option for food and beverage manufacturers.
Increasing Need for Self-grooming Products
Rising disposable incomes and improving living standards are driving the demand for personal care/self-grooming products globally. Personal care and self-grooming trends are driving the demand for cosmetics and personal care products. The increasing need for self-grooming products is boosting the demand for oleoresins enriched with vitamins and minerals to prevent skin problems, including dryness, sunburns, and roughness. They are mostly used in the preparation of soaps, hair lotions, and hair spray and as aroma enhancers in the perfumery industry. In cosmetics, oleoresins are mostly used for their anti-inflammatory, antibacterial, and antiviral properties, as well as their ability to serve as natural preserving agents. Further, oleoresins offer a more recognizable and transparent ingredient option for perfume manufacturers, aligning with the clean label trend and appealing to consumers seeking products with natural ingredients. Thus, people’s increasing need for self-grooming products is a prominent trend that positively influences the oleoresins market.
Oleoresins Market Opportunity
Increasing Demand for Vegan Beauty Products
The demand for vegan beauty products is driven by various factors, including the rise of veganism as a lifestyle choice and social movement, increasing awareness of the benefits of vegan cosmetics for the skin and the environment, and the innovation and diversification of vegan cosmetic products and brands. Vegan cosmetic products contain naturally extracted vitamins, minerals, antioxidants, and other ingredients. Vegan cosmetic products do not contain animal-derived ingredients or animal byproducts. Vegan beauty products contain toxin-free ingredients and, therefore, offer several advantages over chemical-based cosmetics in managing skin acne and improving skin health. Different types of oleoresins are used in the formulation of cosmetics products due to their various benefits. Turmeric-sourced oleoresins are used to treat skin problems such as acne and eczema, to prevent and heal dry skin, and to hinder the aging process. It is used in cream formulations and majorly used in sunscreens lotions.
Thus, the growing adoption of vegan beauty products will increase the demand for oleoresins, further creating opportunities for manufacturers operating in this market.
Oleoresins Market Analysis: Key Findings
By Source: In 2024, the Spices Segment to Dominate the Oleoresins Market
Based on source, the oleoresins market is segmented into spices, capsicum, marigold, garlic, onion, herbs, and other sources. In 2024, the spices segment is expected to account for the largest share of 44.6% of the oleoresins market. The large market share of this segment can be attributed to factors such as increasing usage of the spice’s oleoresins in various industries, including food & beverage, pharmaceuticals, animal feed and cosmetics industry as a flavoring and coloring agent, health supplements, and formulation in drugs. Spice oleoresins, such as paprika oleoresin, are mostly used as a source of color in canned meats, sausages, smoked pork, sandwich spreads, soups, cheeses, orange juice, spice mixtures, sauces, and other food products. Moreover, this segment is also slated to register the highest growth rate of 5.7% during the forecast period due to the increasing demand for natural ingredients, the adoption of ethnic food, and various health benefits that further support the growth of the market.
By Extraction Process: In 2024, the Solvent Extraction Segment to Dominate the Oleoresins Market
Based on extraction process, the oleoresins market is segmented into solvent extraction, supercritical fluid extraction, and other extraction processes. In 2024, the solvent extraction segment is expected to account for the largest share of 71.2% of the oleoresins market. The large market share of this segment can be attributed to factors such as cost-effective processes, established industry practice, suitable for large scale production, and mostly used for various industrial applications.
However, the supercritical fluid extraction segment is projected to witness the highest growth rate of 5.3% during the forecast period of 2024–2031. This growth is driven by the adoption of advanced extraction technology, which produces high-quality oleoresins with minimal solvent residues and high yields. Supercritical fluid extraction uses carbon dioxide under high pressure to extract oleoresins. It also retains flavor and medicinal properties by excluding chemical contaminations, which further fuels the market's growth.
By Application: The Food and Beverages Segment to Witness Highest Demand During the Forecast Period
Based on application, the oleoresins market is segmented into food and beverages, cosmetics and personal care, pharmaceuticals and nutraceuticals, animal feeds, and other applications. In 2024, the food and beverages segment is expected to account for the largest share of 36.1% of the oleoresins market. The large market share of this segment can be attributed to the increasing adoption of natural or organic ingredients in different food products, increasing awareness regarding the benefits associated with the use of oleoresins in food and beverages products, increasing usages for enhancing flavor, color, and aroma in a wide range of food products, and increasing use in many food and drinks such as spice mixtures, sauces, cheese, processed meats products, sweets, and various fruits drinks.
However, the pharmaceuticals and nutraceuticals segment is projected to witness the highest growth rate of 5.4% during the forecast period of 2024–2031. This growth is driven by its potential health benefits and its medicinal properties. Oleoresins have high anti-inflammatory and strong antioxidant properties and are therefore used in painkillers, anti-inflammatories, and dietary supplements. Furthermore, the rising demand for natural remedies and health-focused products is supporting the growth of the market.
Geographical Analysis
Based on geography, the oleoresins market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of 34.5% of the oleoresins market, followed by North America and Asia-Pacific. Europe's significant market share can be attributed to several key factors, including the growing awareness regarding health and wellness, growing demand for natural ingredients in food products for coloring and flavoring, stringent regulation and food safety in the region, and shifting consumer preferences towards ethnic cuisine. Moreover, the growing consumer preferences for vegan cosmetics and personal care products and rising spending on health and wellness products further support the growth of the region.
However, the Asia-Pacific region is slated to register the highest CAGR of 5.4% during the forecast period. The growth of this regional market is attributed to factors such as rising disposal income, changing lifestyles, rapid urbanization, increasing spending on premium food products, growing consumption of healthy food & Ingredients, and rising awareness regarding the side effects of synthetic ingredients. Moreover, the growing cultivation of various spices and herbs and the increasing presence of various manufacturers in the region are supporting the growth of the market.
Oleoresins Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the Oleoresins market are Synthite Industries Ltd. (India), Kalsec Inc. (U.S.), Symrise AG (Germany), Universal Oleoresins (India), Ozone Naturals (India), Givaudan SA (Switzerland), Akay Natural Ingredients Private Limited. (a subsidiary of Oterra A/S) (India), Mane Kancor Ingredients Private Limited (India), Paprika Oleos [India] Ltd (India), Plant Lipids Private Limited (India), AVT Natural Products Limited (India), Henry Lamotte Oils GmbH (Germany), Vidya Herbs Pvt Ltd. (India), Extractos Vegetales S.A. (EVESA) (Spain), and Rüther Gewürze GmbH (Germany).
Oleoresins Industry Overview: Latest Developments from Key Industry Players
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In August 2023, Synthite Industries Ltd. (India) partnered with TÜRER Bitkisel A.Ş. (Turkey) to access Mediterranean herbs, & essential oils from Turkey and surrounding countries and give Türer Bitkisel access to more sales channels.
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In May 2023, Mane Kancor Ingredients Private Limited (India) opened its largest manufacturing facility in Karnataka, India. This facility is built on 50 acres of land and contains a supercritical fluid extraction plant.
- In July 2022, Oterra A/S (Denmark), a supplier of natural colors, acquired Akay Group (India), a manufacturer of natural ingredients. The acquisition will expand Akay’s access to natural colors and manufacturing and R&D capabilities.
- In March 2021, Lycored Corp. (U.S.) launched Haematococcus pluvialis algae-based oleoresin, which can be used in soft gels.
Oleoresins Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
165 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
4.9% |
|
Market Size (Value) |
USD 2.49 Billion by 2031 |
|
Segments Covered |
By Source
By Application
|
|
Countries Covered |
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Russia, Belgium, Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa |
|
Key Companies |
Synthite Industries Ltd. (India), Kalsec Inc. (U.S.), Symrise AG (Germany), Universal Oleoresins (India), Ozone Naturals (India), Givaudan SA (Switzerland), Akay Natural Ingredients Private Limited. (A Subsidiary of Oterra A/S) (India), Mane Kancor Ingredients Private Limited (India), Paprika Oleos [India] Ltd (India), Plant Lipids Private Limited (India), AVT Natural Products Limited (India), Henry Lamotte Oils GmbH (Germany), Vidya Herbs Pvt Ltd. (India), Extractos Vegetales S.A. (EVESA) (Spain), and Rüther Gewürze GmbH (Germany). |
Key questions answered in the oleoresins market report:
Oleoresins are concentrated liquid extracts derived from different plants, spices, and herbs. They consist of the natural flavor and aroma of the original plant material and are mainly sourced from spices and herbs. Oleoresins are used in various industries, including food and beverage, pharmaceuticals, cosmetics, and perfumery, to enhance flavor, color, and aroma and to provide potential health benefits.
The oleoresins market study provides valuable insights, market sizes, and forecasts in terms of both value and volume by source and geography. However, the study provides insights, market sizes, and forecasts only in terms of value by application.
The oleoresins market is projected to reach $2.49 billion by 2031, at a CAGR of 4.9% during the forecast period.
Based on source, the spices segment is expected to account for the largest share during the forecast period of 2024–2031.
Based on application, the pharmaceuticals and nutraceuticals segment is expected to witness the fastest growth during the forecast period of 2024–2031.
The increasing demand for oleoresins in the food & beverages industry, growing demand in the pharmaceutical industry, growing demand for natural colors and flavors, and increasing adoption of ethnic food are factors supporting the growth of this market. Moreover, the growing demand for natural and organic food products, increasing demand for vegan beauty products, and increasing utilization of oleoresins in animal feed create opportunities for players operating in this market.
The key players operating in the oleoresins market are Synthite Industries Ltd. (India), Kalsec Inc. (U.S.), Symrise AG (Germany), Universal Oleoresins (India), Ozone Naturals (India), Givaudan SA (Switzerland), Akay Natural Ingredients Private Limited. (A Subsidiary of Oterra A/S) (India), Mane Kancor Ingredients Private Limited (India), Paprika Oleos [India] Ltd (India), Plant Lipids Private Limited (India), AVT Natural Products Limited (India), Henry Lamotte Oils GmbH (Germany), Vidya Herbs Pvt Ltd. (India), Extractos Vegetales S.A. (EVESA) (Spain), and Rüther Gewürze GmbH (Germany).
In 2024, Europe is expected to account for the largest share of 34.5% of the oleoresins market, followed by North America and Asia-Pacific. The large market share of this region is mainly attributed to several key factors, including the rising awareness regarding health and wellness, increasing demand for natural ingredients in food products for coloring and flavoring, stringent regulation and food safety in the region, and shifting consumer preferences towards ethnic cuisine. Moreover, the growing consumer preferences for vegan cosmetics and personal care products and rising spending on health and wellness products further support the growth of the region.
However, the Asia-Pacific region is slated to register the highest CAGR of 5.4% during the forecast period. The growth of this regional market is attributed to factors such as rising disposal income, rapid urbanization, changing lifestyle, increasing spending on premium food products, growing consumption of healthy food & Ingredients, and increasing awareness regarding the side effects of synthetic ingredients. Moreover, the rising cultivation of various spices and herbs and the increasing presence of various manufacturers in the region are supporting the growth of the market.
1. Introduction
1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Oleoresins Market Analysis: by Source
3.2.2. Oleoresins Market Analysis: by Extraction Process
3.2.3. Oleoresins Market Analysis: by Application
3.3. Oleoresins Market, by Regional Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Increasing Demand for Oleoresins in Food & Beverages Industry
4.2.1.2. Growing Demand in Pharmaceutical Industry
4.2.1.3. Growing Demand for Natural Colors and Flavors
4.2.1.4. Increasing Adoption of Ethnic Food
4.2.2. Restraints
4.2.2.1. Fluctuations in Raw Material Prices
4.2.2.2. High Number of Substitutes Available in the Market
4.2.3. Opportunities
4.2.3.1. Growing Demand for Natural and Organic Food Products
4.2.3.2. Increasing Demand for Vegan Beauty Products
4.2.3.3. Increasing Utilization of Oleoresins in Animal Feed
4.2.4. Challenges
4.2.4.1. High Production Costs
4.2.4.2. Stringent Regulations
4.3. Trend
4.3.1. Increasing Adoption of Clean-label Products
4.3.2. Increasing Need for Self-grooming Products
4.4. Porters Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
4.5. Pricing Analysis
5. Oleoresins Market Assessment—by Source
5.1. Overview
5.2. Spices
5.2.1. Paprika
5.2.2. Black Pepper
5.2.3. Turmeric
5.2.4. Seed Spice
5.2.5. Other Spices
5.3. Capsicum
5.4. Marigold
5.5. Garlic
5.6. Onion
5.7. Herbs
5.8. Other Sources
6. Oleoresins Market Assessment—by Extraction Process
6.1. Overview
6.2. Solvent Extraction
6.3. Supercritical Fluid Extraction
6.4. Other Extraction Processes
7. Oleoresins Market Assessment—by Application
7.1. Overview
7.2. Food and Beverages
7.3. Cosmetics and Personal Care
7.4. Pharmaceuticals and Nutraceuticals
7.5. Animal Feeds
7.6. Other Applications
8. Oleoresins Market Assessment—by Geography
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Belgium
8.3.8. Netherlands
8.3.9. Rest of Europe
8.4. Asia Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South Korea
8.4.6. Indonesia
8.4.7. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Brazil
8.5.2. Mexico
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
9.5. Market Ranking/Positioning Analysis of Key Players, 2023
10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Synthite Industries Ltd.
10.2. Kalsec Inc.
10.3. Symrise AG
10.4. Universal Oleoresins
10.5. Ozone Naturals
10.6. Givaudan SA
10.7. Akay Natural Ingredients Private Limited. (A Subsidiary of Oterra A/S)
10.8. Mane Kancor Ingredients Private Limited
10.9. Paprika Oleos [India] Ltd
10.10. Plant Lipids Private Limited
10.11. AVT Natural Products Limited
10.12. Henry Lamotte Oils GmbH
10.13. Vidya Herbs Pvt Ltd.
10.14. Extractos Vegetales S.A. (EVESA)
10.15. Rüther Gewürze GmbH
(Note: SWOT analysis of the top 5 companies will be provided.)
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 Global Oleoresins Market, by Source, 2022-2031 (USD Million)
Table 2 Global Oleoresins Market, by Source, 2022-2031 (Tons)
Table 3 Spices Oleoresins Market, by Type, 2022-2031 (USD Million)
Table 4 Spices Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 5 Spices Oleoresins Market, by Type, 2022-2031 (Tons)
Table 6 Spices Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 7 Paprika Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 8 Paprika Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 9 Black Pepper Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 10 Black Pepper Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 11 Turmeric Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 12 Turmeric Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 13 Seed Spice Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 14 Seed Spice Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 15 Other Spices Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 16 Other Spices Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 17 Capsicum Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 18 Capsicum Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 19 Marigold Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 20 Marigold Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 21 Garlic Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 22 Garlic Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 23 Onion Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 24 Onion Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 25 Herbs Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 26 Herbs Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 27 Other Oleoresins Sources Market, by Country/Region, 2022-2031 (USD Million)
Table 28 Other Oleoresins Sources Market, by Country/Region, 2022-2031 (Tons)
Table 29 Global Oleoresins Market, by Extraction Process, 2022-2031 (USD Million)
Table 30 Global Oleoresins Market, by Solvent Extraction Process, by Country/Region, 2022-2031 (USD Million)
Table 31 Global Oleoresins Market, by Supercritical Fluid Extraction Process, by Country/Region, 2022-2031 (USD Million)
Table 32 Global Oleoresins Market, by Other Extraction Processes, by Country/Region, 2022-2031 (USD Million)
Table 33 Global Oleoresins Market, by Application, 2022-2031 (USD Million)
Table 34 Global Oleoresins Market for Food and Beverage, by Country/Region, 2022-2031 (USD Million)
Table 35 Global Oleoresins Market for Cosmetics and Personal Care, by Country/Region, 2022-2031 (USD Million)
Table 36 Global Oleoresins Market for Pharmaceutical and Nutraceutical, by Country/Region, 2022-2031 (USD Million)
Table 37 Global Oleoresins Market for Animal Feed, by Country/Region, 2022-2031 (USD Million)
Table 38 Global Oleoresins Market for Other Applications, by Country/Region, 2022-2031 (USD Million)
Table 39 Oleoresins Market, by Country/Region, 2022-2031 (USD Million)
Table 40 Oleoresins Market, by Country/Region, 2022-2031 (Tons)
Table 41 North America: Oleoresins Market, by Country, 2022-2031 (USD Million)
Table 42 North America: Oleoresins Market, by Country, 2022-2031 (Tons)
Table 43 North America: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 44 North America: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 45 North America: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 46 North America: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 47 North America: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 48 North America: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 49 U.S.: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 50 U.S.: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 51 U.S.: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 52 U.S.: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 53 U.S.: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 54 U.S.: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 55 Canada: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 56 Canada: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 57 Canada: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 58 Canada: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 59 Canada: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 60 Canada: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 61 Europe: Oleoresins Market, by Country, 2022-2031 (USD Million)
Table 62 Europe: Oleoresins Market, by Country, 2022-2031 (Tons)
Table 63 Europe: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 64 Europe: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 65 Europe: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 66 Europe: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 67 Europe: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 68 Europe: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 69 U.K.: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 70 U.K.: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 71 U.K.: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 72 U.K.: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 73 U.K.: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 74 U.K.: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 75 Germany: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 76 Germany: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 77 Germany: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 78 Germany: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 79 Germany: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 80 Germany: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 81 France: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 82 France: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 83 France: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 84 France: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 85 France: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 86 France: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 87 Italy: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 88 Italy: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 89 Italy: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 90 Italy: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 91 Italy: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 92 Italy: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 93 Spain: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 94 Spain: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 95 Spain: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 96 Spain: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 97 Spain: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 98 Spain: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 99 Russia: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 100 Russia: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 101 Russia: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 102 Russia: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 103 Russia: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 104 Russia: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 105 Belgium: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 106 Belgium: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 107 Belgium: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 108 Belgium: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 109 Belgium: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 110 Belgium: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 111 Netherlands: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 112 Netherlands: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 113 Netherlands: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 114 Netherlands: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 115 Netherlands: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 116 Netherlands: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 117 Rest of Europe: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 118 Rest of Europe: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 119 Rest of Europe: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 120 Rest of Europe: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 121 Rest of Europe: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 122 Rest of Europe: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 123 Asia-Pacific: Oleoresins Market, by Country, 2022-2031 (USD Million)
Table 124 Asia-Pacific: Oleoresins Market, by Country, 2022-2031 (Tons)
Table 125 Asia-Pacific: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 126 Asia-Pacific: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 127 Asia-Pacific: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 128 Asia-Pacific: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 129 Asia-Pacific: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 130 Asia-Pacific: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 131 China: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 132 China: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 133 China: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 134 China: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 135 China: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 136 China: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 137 India: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 138 India: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 139 India: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 140 India: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 141 India: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 142 India: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 143 Japan: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 144 Japan: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 145 Japan: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 146 Japan: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 147 Japan: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 148 Japan: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 149 Australia: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 150 Australia: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 151 Australia: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 152 Australia: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 153 Australia: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 154 Australia: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 155 South Korea: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 156 South Korea: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 157 South Korea: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 158 South Korea: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 159 South Korea: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 160 South Korea: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 161 Indonesia: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 162 Indonesia: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 163 Indonesia: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 164 Indonesia: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 165 Indonesia: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 166 Indonesia: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 167 Rest of Asia-Pacific: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 168 Rest of Asia-Pacific: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 169 Rest of Asia-Pacific: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 170 Rest of Asia-Pacific: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 171 Rest of Asia-Pacific: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 172 Rest of Asia-Pacific: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 173 Latin America: Oleoresins Market, by Country, 2022-2031 (USD Million)
Table 174 Latin America: Oleoresins Market, by Country, 2022-2031 (Tons)
Table 175 Latin America: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 176 Latin America: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 177 Latin America: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 178 Latin America: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 179 Latin America: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 180 Latin America: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 181 Brazil: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 182 Brazil: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 183 Brazil: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 184 Brazil: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 185 Brazil: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 186 Brazil: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 187 Mexico: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 188 Mexico: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 189 Mexico: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 190 Mexico: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 191 Mexico: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 192 Mexico: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 193 Argentina: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 194 Argentina: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 195 Argentina: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 196 Argentina: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 197 Argentina: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 198 Argentina: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 199 Rest of Latin America: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 200 Rest of Latin America: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 201 Rest of Latin America: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 202 Rest of Latin America: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 203 Rest of Latin America: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 204 Rest of Latin America: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 205 Middle East & Africa: Oleoresins Market, by Source, 2022–2031 (USD Million)
Table 206 Middle East & Africa: Oleoresins Market, by Source, 2022–2031 (Tons)
Table 207 Middle East & Africa: Spices Oleoresins Market, by Type, 2022–2031 (USD Million)
Table 208 Middle East & Africa: Spices Oleoresins Market, by Type, 2022–2031 (Tons)
Table 209 Middle East & Africa: Oleoresins Market, by Extraction Process, 2022–2031 (USD Million)
Table 210 Middle East & Africa: Oleoresins Market, by Application, 2022–2031 (USD Million)
Table 211 Recent Developments, by Company (2020–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 In 2024, the Spices Segment to Dominate the Global Oleoresins Market
Figure 8 In 2024, the Solvent Extraction Segment to Dominate the Global Oleoresins Market
Figure 9 In 2024, the Food and Beverage Segment to Dominate the Global Oleoresins Market
Figure 10 In 2024, Europe Dominates the Overall Oleoresins Market
Figure 11 Impact Analysis of Market Dynamics
Figure 12 Oleoresins Market: Porter’s Five Forces Analysis
Figure 13 Global Oleoresins Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 14 Global Oleoresins Market, by Source, 2024 Vs. 2031 (Tons)
Figure 15 Global Oleoresins Market, by Extraction Process, 2024 Vs. 2031 (USD Million)
Figure 16 Global Oleoresins Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 17 North America: Oleoresins Market Snapshot (2024)
Figure 18 Europe: Oleoresins Market Snapshot (2024)
Figure 19 Asia-Pacific: Oleoresins Market Snapshot (2024)
Figure 20 Latin America: Oleoresins Market Snapshot (2024)
Figure 21 Middle East & Africa: Oleoresins Market Snapshot (2024)
Figure 22 Key Growth Strategies Adopted by Leading Players (2021–2024)
Figure 23 Global Oleoresins Market Competitive Benchmarking, by Source
Figure 24 Competitive Dashboard: Global Oleoresins Market
Figure 25 Global Oleoresins Market Ranking/Positioning of Key Players, 2023
Figure 26 Symrise AG: Financial Overview (2023)
Figure 27 Givaudan SA: Financial Overview (2023)
Figure 28 AVT Natural Products Limited: Financial Overview (2023)
Figure 29 Oterra A/S: Financial Overview (2023)
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