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
For more information about this report visit https://www.researchandmarkets.com/r/m667rj
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