The Oleoresins Market is estimated to grow at CAGR 4% during the forecast period 2021-2026.

The rising trend of using natural flavors in processed food and an increasing number of QSRs have led to a surge in demand for oleoresins. The rise in awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts have significantly driven the growth of the market. Further, due to the increasing R&D activities in the market and the rising popularity of health supplements, the demand for oleoresins in the nutraceutical industry remains high. The growing trend of offering clean label personal care products is also projected to drive the growth of the oleoresins market.

The food & beverages segment is projected to account for the largest share in the oleoresins market. This is attributed to the increasing use of oleoresins that provide a natural flavor and fragrance in confectioneries and beverages. Further, growing awareness among consumers about the benefits of consuming products rich in natural ingredients such as oleoresins has contributed to the growth of the market. In addition, the use of oleoresins in the pharmaceutical industry remains high due to the growing awareness of the side-effects of allopathic medicines, increasing instances of antibiotic allergies among people, rising vegan population, and busy lifestyles of consumers are projected to drive the growth of the pharmaceuticals & nutraceuticals segment during the forecast period.

View Complete Report: https://whipsmartmi.com/report/oleoresins-market
1. Oleoresins Market, By Source
Paprika
Capsicum
Seed Spices
Turmeric
Herbs
Ginger
Cinnamon & Cassia
Others
2. Oleoresins Market, By Application
Food & Beverages
Pharmaceuticals & Nutraceuticals
Personal Care Products
Feed
3. Oleoresins Market, By Extraction Process
Solvent Extraction
Supercritical Fluid Extraction Process
4. Oleoresins Market, By Region
North America
Europe
Asia Pacific
Rest of World
Request a Sample of this Report: @ https://whipsmartmi.com/sample/fn0364/Oleoresins-Market
Explore other reports from” Food and Beverage” sector @
https://whipsmartmi.com/Category/Food-and-Beverage
Contact Us:
Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
[email protected]