The global market for Oleoresin market reached a value of US$ 1.78 Bn. in 2023 and is anticipated to attain US$ 2.82 Bn. by 2030, showcasing a 6.8% CAGR during the forecast period.

Market Overview:

This research aims to provide a comprehensive outline of the Oleoresin market, encompassing segmentation, industry insights, and geographical analysis. It delves into key factors influencing the industry’s growth and offers a detailed examination of the market’s value chain.

Market Scope:

Our research methodology employs secondary research sources to gather revenue data from major suppliers, supplemented by vendor offerings to refine market segmentation. The bottom-up approach, utilizing revenue from leading firms, is employed to estimate the overall market size.


The market report encompasses major drivers and restraints shaping the Oleoresin market landscape.

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By Sources

Seed spices
Cinnamon & cassia

By Extraction process

Solvent extraction
Supercritical fluid extraction

By Application

Food & beverages
Pharmaceuticals & nutraceutical
Personal care products
Feed Automotive Other applications

Key Players:

The report covers prominent players in the Oleoresin market, including:

Major Global Key Players:
1. Paprika Oleo’s Ltd.(Kochi, Kerala, India)
2. Manohar Botanical Extracts Pvt (India)
3. Plant Lipids (India)
4. Indo World (India)
5. The Oleoresin Company (Durban, South Africa)
6. Qingdao Ruibang Biotechnology Co., Ltd (China)
7. Agnes Herbs (India)
8. Shijiazhuang City Bio Technology Co., Ltd (China)
9. Adani Pharmachem Private Limited (India)
10. Ozone Naturals (India)

Leading Key Players in North America:
1. Kalsec Inc. (United States)
2. Ungerer & Company (United States)

Market Follower key Players in Europe:
1. Givaudan (Switzerland)
2. Gazignaire (France)
3. AVT Naturals (United Kingdom)

Prominent Key player Asia Pacific:
1. Universal Oleoresin (India)
2. GurjarPhytochem Private Ltd. (India)
3. Naturite Agro Products Ltd. (India)
4. Vidya Herbs Private Limited (India)
5. PT Indesso Aroma (Indonesia)
6. Kancor Ingredients Ltd. (India)

Market Leader Key Players in Middle East and Africa:
1. Akay (Turkey)

Dominant key Player in South America:
1. Silverline Chemicals Ltd (Brazil)

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Regional Analysis:

Our research team conducted extensive primary and secondary research for a comprehensive study of the global Oleoresin market. Secondary research was conducted to enhance available data, segment the market, assess total market size, and forecast growth rate. Regional analysis is bolstered by insights from multiple stakeholders, regional policies, consumer behavior, and macroeconomic indicators.

Market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts are encouraged to conduct competitive analysis on each rival independently, leveraging regional insights.

COVID-19 Impact Analysis:

The research includes a thorough assessment of COVID-19’s impact on the Oleoresin market, considering import, suppliers, and market players.

Key Questions Answered:

  • Which segment dominated the Oleoresin market share?
  • How was the competitive landscape of the Oleoresin market in 2020?
  • What are the key growth drivers for the Oleoresin market?
  • Which region held the largest market share in 2020?

About Maximize Market Research:

Maximize Market Research is a multidimensional market research and consulting firm comprising professionals from various industries, offering industry estimations, trend analysis, market research, strategic advice, and more.

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