The Oleoresins Market is Estimated to be Dominated by the Food & Beverage Segment from 2019 to 2025

the global oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. 

Oleoresins extracted from a particular spice or herb provide the flavor characteristics of its ground form with a more rapid flavor release. Oleoresins are produced to preserve the robust flavor and aroma of the spice and are extensively used in the natural food colors and flavors market. The increasing demand for natural and clean label products and strict regulations regarding the use of artificial colors and flavors in food products are factors driving the market demand for oleoresins. Moreover, additional health benefits of specific natural food colors and flavors and advanced technological innovations have boosted the growth of the natural food colors and flavors market, globally.


Among the different applications of plant extracts, the market is estimated to be dominated by the food & beverages segment from 2019 to 2025, owing to the wide usage of oleoresins that provide a natural flavor and fragrance in confectioneries and beverages. Awareness among consumers about the benefits of consuming products infused with natural ingredients such as oleoresins is on the rise. 


Along with this, the rising awareness of the ill-effects of heavy doses of allopathic medicine, an increase in antibiotic allergies among people, growth in the vegan population, and busy lifestyles drive the growth of this application.

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Leading companies are Akay Group (India), Synthite Industries Pvt. Ltd. (India), AVT Naturals (India), Givaudan (Switzerland), PT Indesso Aroma (Indonesia), Vidya Herbs Private Limited (India), Ungerer & Company (US), Kancor Ingredients Ltd. (India), Plant Lipids (India), Kalsec Inc.(US), Gazignaire (France), and Universal Oleoresins (India).

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