60 likes | 81 Views
Market Size u2013 USD 1.3 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends u2013 Higher raw material Prices is a major restraint for market
E N D
Market Summary Market Size – USD 1.3 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends – Higher raw material Prices is a major restraint for market According to the Reports and Data, global oleoresins market was valued at USD 1.3 Billion in 2018 and is projected to grow at a CAGR of 4.7% from 2019 to reach USD 1.9 Billion by the year 2026. As consumers are progressively becoming fitness conscious, there's an increasing modification towards natural and organic products across the world. • Further key findings from the report suggest • By type, turmeric based resins are extensively utilized in healthcare and pharmaceutical industries to treat several dermatological conditions. The rising application of turmeric oleoresins in food & beverage is thrusting the market growth. The rising food & beverages industry, especially in Asia Pacific, is projected to impel the market. The turmeric oleoresins are growing at a CAGR of 4.1% during the analysis period. • Asia pacific region is expected to grow at a CAGR of 5.1% during the forecasted period. Increasing consumer awareness regarding the low-calorie diet and healthy diet is driving the market growth. Also, the major production rate is expected to foster the market. For instance, India is the one of the major producers of pepper oleoresins. www.reportsanddata.com
Market Summary Key Players: 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). Segmentation: • By Source • Paprika • Capsicum • Seed spices • Turmeric • Ginger • Cinnamon & cassia • Herbs • Others (cardamom, floral, asafetida, tamarind, nutmeg, onion, and garlic) Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry-form/2531 www.reportsanddata.com
Market Summary • Application • Food & beverages • Pharmaceuticals & nutraceuticals • Personal care products • Feed • Others Regional Outlook for Oleoresins Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here @https://www.reportsanddata.com/discount-enquiry-form/2531 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com