What is the projected growth rate (CAGR) of the Oleoresins Market from 2024 to 2031, and what is the market value expected to change by 2031?

The Oleoresins Market is estimated to reach at high CAGR of 6.5% during the forecast period (2024-2031).

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What is Oleoresins Market ?

Oleoresins are concentrated, natural extracts obtained from spices or herbs through solvent extraction, containing both volatile essential oils and non-volatile resinous compounds. They deliver the complete flavor, aroma, and bioactive properties of the raw spice in a stable, easy-to-use form, making them valuable in food, beverages, pharmaceuticals, and cosmetics.

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Conclusion

As demand for natural flavoring agents and clean-label ingredients rises, oleoresins are gaining prominence for their consistency, potency, and long shelf life. Their multifunctional role in enhancing taste, aroma, and therapeutic benefits positions them as a key ingredient in the future of natural food additives, nutraceuticals, and wellness-driven formulations.

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Top Key Companies:

Synthite Industries Ltd., Akay Group Ltd., Ungerer & Company, Universal Oleoresins and Plant Lipids 

Market Segments:

 By Source: Basil, Capsicum, Cardamom, Chili, Pepper, Ginger, Turmeric, Paprika, Amla, Cardamom, Others 

By Application: Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics, Animal Feed, Others

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