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Paprika Extract Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2027

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Paprika Extract: Market Overview

Paprika extract, also known as Capsicum annuum L by its botanical name, is the extract of the genus Capsicum fruit. Capsicum is widely consumed all around the world as a vegetable, spice or color. It is used as the spice and as a natural food coloring and flavoring agent. Paprika oleoresin is the oil obtained from the paprika powder. The paprika extract is responsible for the range of orange to red color in commercial products. It has little or no pungency, unlike paprika oleoresin. Paprika extract constitutes carotenoid pigments, capsaicinoids, added or extracted vegetable oil and natural lipids. The paprika extract is mainly used in household consumption, food, pharmaceutical and cosmetic industry. It is generally present in powder and oil form.

Paprika Extract: Market Dynamics

The paprika extract market is blooming considering various factors such as increasing demand for spices and oils in the food processing, rising awareness about the health benefits of the natural coloring agents over the artificial one, and growing demand in the specialty food market and ready to eat dishes. Paprika extract market is also gaining the traction due to its flavoring and coloring properties, its anti-bacterial, anti-fungal, and anti-oxidant properties preferred by food, pharmaceutical and cosmetic industries for hair care and skin care products. The macro-economic factors such as economic growth, changing lifestyle along with rising disposable income favors the demand for paprika extract in the market.

The factors affecting the paprika extract market are its side effects on sensitive skin, or to infants. The color and flavor of the food containing paprika extract do not depend on the amount of paprika extract used. Thus it self-limits its use. The paprika extract is avoided in the products where N-nitroso compounds are formed as it has cancer causing effects. All the above factors hampers the paprika extract market

Paprika Extract: Segmentation

Based on product type, paprika market is segmented into

  • Vegetable paprika
  • Spice paprika
  • Colorant paprika
  • Paprika Oleoresin

Based on End-use Industries, paprika extract market is segmented into

  • Food Industry
  • Pharmaceutical Industry
  • Cosmetic Industry

Paprika Extract: Segment Overview

Attractive, colorful food products and dishes are the trends of food Industry. Thus manufacturers rely on the natural agents for coloring and flavoring of the food and other commercial products. By the product type, there are the variety of forms of paprika available in the market depending on its applications. Colorant, vegetable, spice and paprika oleoresin are the different types of paprika. Based on its end user industry, the paprika extract market is segmented into food, pharmaceutical, and cosmetic industry. For the food industry, the paprika extract is used in various dishes, products for color and flavor enhancement. It is used in pasta, sausages, meat products and also for household consumption. Considering its antibacterial and anti-oxidant benefits on the health, the paprika extract is used for the various medical purpose and is thus used in the pharmaceutical industry. It is also useful for anti-dandruff oils and shampoos and is used in various hair and skin care products and for as a coloring agent for the same. The paprika extract is used extensively as a natural coloring agent food foods such as culinary, meat products, oil, and cheeses.

Paprika Extract: Regional Overview

The major market for the paprika extract is North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding  Japan, Japan, and the Middle East and Africa. Due to improved production and processing technology, Asian countries such as China, India, are expected to have rapid pace in the paprika extract market. European and North American countries show significant growth in the market.

Paprika Extract: Market Players

Some of the paprika extract market players are

  • Chr. Hansen, EVESA,
  • Ingredients Naturales Seleccionados,
  • Synthite Industries Ltd,
  • Kalsec Natural Ingredients,
  • Kancor Ingredients Limited,
  • Plant Lipids and Naturex.
  • Adani Pharmachem Private Limited,
  • Kancor Ingredients Limited, Plant Lipids,
  • Givaudan,
  • Ozone Naturals,
  • Universal Oleoresins,

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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