Global Oleoresins Strategic Business Report 2023: Focus On Safety Spurs Demand For Natural Food Colors


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Dublin, May 25, 2023 (GLOBE NEWSWIRE) -- The "oleoresins: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for Oleoresins estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2.3 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030.

Seed Spices, one of the segments analyzed in the report, is projected to record a 8.1% CAGR and reach US$557 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Paprika segment is readjusted to a revised 6.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $498.8 Million, While China is Forecast to Grow at 10% CAGR
The Oleoresins market in the U.S. is estimated at US$498.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$262.3 Million by the year 2030 trailing a CAGR of 10% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$221.9 Million by the year 2030.
Select Competitors (Total 81 Featured) -

  • Adani Pharmachem Private Limited
  • Akay Natural Ingredients Private Limited
  • Ambe Phytoextracts Pvt. Ltd.
  • AVT Naturals
  • Gurjar Phytochem Pvt. Ltd.
  • Hawkins Watts Limited
  • Indo World Trading Corporation
  • Jean GAZIGNAIRE S.A.S.
  • Kalsec Inc.
  • Mane Kancor Ingredients Pvt. Ltd.
  • Ozone Naturals
  • Paprika Oleo's India Limited
  • Paras Perfumers
  • Plant Lipids
  • Synthite Industries Pvt. Ltd.
  • TMV Natural oils & Extracts (P) LTD
  • Universal Oleoresins
  • Vidya Herbs Private Limited

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report Attribute Details
No. of Pages 457
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $1.3 Billion
Forecasted Market Value (USD) by 2030 $2.3 Billion
Compound Annual Growth Rate 7.4%
Regions Covered Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

  • Oleoresins - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
  • These are Times When Questions Abound & Answers Are Few
  • So How Fast Or Slow Are We Moving?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Percentage (%) of Population Administered With Vaccines in Advanced Economies, Emerging Markets, and Low-Income Countries As of July 2021
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • Time is of Essence! What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
  • Progress on Vaccinations, Why Should Businesses Care?
  • With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants, Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
  • Oleoresins: Definition, Types & Benefits
  • Recent Market Activity
  • World Brands

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

  • Strong Outlook for Spices & Seasonings Brightens the Outlook for Spice Oleoresins Which Are Pure Extracts of Spices & Herbs
  • Robust Addressable Market Opportunity for Spice Oleoresin: Global Consumption of Spices & Seasonings (In 000 Metric Tons) for Years 2020, 2022 and 2024
  • Recovery of the Restaurant Industry, Rise of Cloud Kitchens & Demand for Packaged Spices in Hotels & Restaurants to Drive Demand for Oleoresins
  • Global Food Service Industry (In US$ Trillion) for Years 2020, 2022, 2024 and 2026
  • Rise in Demand for Natural Food Coloring Against a Backdrop of Robust Demand for Processed Foods to Spur Growth of Oleoresins in the Food Industry
  • Robust Outlook for Processed Foods (Functional Foods, Drinks, Meat, Sauces, Condiments, and Dressing & Baked Food Products)
  • Focus on Safety Spurs Demand for Natural Food Colors
  • Global Packaged Food Opportunity (In US$ Trillion) for Years 2020, 2022, 2024 and 2026
  • Rise in Demand for Ethnic Foods to Drive Up Consumption of Spice Oleoresins
  • Robust Appetite for Ethnic Foods Spurs Opportunity for Spice Oleoresins: Global Market for Ethnic Foods (In US$ Billion) for Years 2020, 2022, 2024 and 2026
  • Growing Demand for Natural Extracts in Nutraceuticals to Spur Growth for Oleoresins
  • Healthy Outlook for Nutraceuticals
  • Strong Gains for Nutraceuticals with Natural Extracts: A Boon for Oleoresins
  • Global Opportunity for Nutraceuticals (In US$ Billion) for Years 2021, 2023, 2025 and 2026
  • Here's How Oleoresins Find Use in Pharmaceuticals & Nutraceutical Industries
  • Increasing Preference for Natural Ingredients in Cosmetics and Personal Care Market Drives Demand for Oleoresins
  • Rapidly Changing Consumer Perception Towards Natural Ingredients in Personal and Cosmetics Products Highlights Growth Opportunities for Oleoresins: Global Organic Cosmetics and Personal Care Market (in US$ Billion) for the Years 2018, 2020, 2022, 2024 and 2025

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION
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