India Oleoresins Market (2024-2030) Outlook | Trends, Industry, Analysis, Forecast, Revenue, Size, Companies, Value, Growth, Share

Market Forecast By Extraction process (Solvent extraction, Supercritical fluid extraction), By Application (Food & beverages, Pharmaceuticals & nutraceuticals, Personal care products, Feed), By Sources (Paprika, Capsicum, Seed spices, Turmeric, Ginger, Cinnamon & cassia, Herbs, Others) And Competitive Landscape
Product Code: ETC097063 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Oleoresins Market Shipment Analysis

India Oleoresins Market registered a growth of 54.24% in value shipments in 2022 as compared to 2021 and an increase of 15.13% CAGR in 2022 over a period of 2017. In Oleoresins Market India is becoming more competitive as the HHI index in 2022 was 3560 while in 2017 it was 5555. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Oleoresins Market.

India Oleoresins Market Competition 2023


India Export Potential Assessment For Oleoresins Market (Values in Thousand)


India Oleoresins Market Synopsis

The oleoresins market in India is projected to witness significant growth over the forecast period, owing to rising demand for natural flavors among processed food manufacturers across the country. Growing consumption of spices and herbs in restaurants, hotels and households has further propelled the demand for oleoresins in India. Growing consumer preference towards convenience foods such as ready-to-eat meals, instant snacks and frozen products have also increased significantly impacting the overall growth of Oleoresin market positively. Furthermore, increasing awareness about health benefits associated with natural ingredients are expected to drive the demand for organic spices over the coming years.

Market Drivers

The growth of the India Oleoresins Market is primarily attributed to increasing demand for seasonings & flavors in food and beverage industry. The rising popularity of organic products, along with increased awareness about health benefits associated with oleoresin consumption, are also contributing to the market growth. In addition, growing preference for packaged foods and convenience snacks due to busy lifestyles has further created a positive Outlook for the market. Moreover, manufacturers are focusing on product innovation and introducing new varieties of oleoresins with unique flavors which is likely to boost the market in upcoming years. However, factors such as high cost associated with natural oleoresins may hamper its overall growth over forecast period.

Challenges of the Market

A major challenge faced by the India Oleoresins market is related to its raw material supply. The main ingredients required for producing oleoresins, namely spices and herbs, are facing a shortage due to increased demand from other industries including food and beverages as well as pharmaceuticals. This has resulted in an increase in their prices, thus increasing manufacturing costs of oleoresin producers. Moreover, the lack of quality control systems has also hampered the growth of this sector. Furthermore, stringent regulations imposed on imports by government authorities have reduced export sales of oleoresins produced domestically.

Key Players in the Market

Some key players operating in India Oleoresins Market include Synthite Industries Ltd., Rakesh Exports Pvt Ltd., Akay Flavours & Aromatics Limited, Plant Lipids Private Limited (PLPL), Natural Remedies Pvt Ltd., Adani Wilmar Limited (AWL), Ambe Group Of Companies among others.

Key Highlights of the Report:

  • India Oleoresins Market Outlook
  • Market Size of India Oleoresins Market, 2020
  • Forecast of India Oleoresins Market, 2027
  • Historical Data and Forecast of India Oleoresins Revenues & Volume for the Period 2023 - 2027
  • India Oleoresins Market Trend Evolution
  • India Oleoresins Market Drivers and Challenges
  • India Oleoresins Price Trends
  • India Oleoresins Porter's Five Forces
  • India Oleoresins Industry Life Cycle
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Extraction process for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Solvent extraction for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Supercritical fluid extraction for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Application for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Food & beverages for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Pharmaceuticals & nutraceuticals for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Personal care products for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Feed for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Sources for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Paprika for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Capsicum for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Seed spices for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Turmeric for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Ginger for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Cinnamon & cassia for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Herbs for the Period 2023 - 2027
  • Historical Data and Forecast of India Oleoresins Market Revenues & Volume By Others for the Period 2023 - 2027
  • India Oleoresins Import Export Trade Statistics
  • Market Opportunity Assessment By Extraction process
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Sources
  • India Oleoresins Top Companies Market Share
  • India Oleoresins Competitive Benchmarking By Technical and Operational Parameters
  • India Oleoresins Company Profiles
  • India Oleoresins Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Oleoresins Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Oleoresins Market Revenues & Volume, 2020 & 2027F

3.3 India Oleoresins Market - Industry Life Cycle

3.4 India Oleoresins Market - Porter's Five Forces

3.5 India Oleoresins Market Revenues & Volume Share, By Extraction process, 2020 & 2027F

3.6 India Oleoresins Market Revenues & Volume Share, By Application, 2020 & 2027F

3.7 India Oleoresins Market Revenues & Volume Share, By Sources, 2020 & 2027F

4 India Oleoresins Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Oleoresins Market Trends

6 India Oleoresins Market, By Types

6.1 India Oleoresins Market, By Extraction process

6.1.1 Overview and Analysis

6.1.2 India Oleoresins Market Revenues & Volume, By Extraction process, 2018 - 2027F

6.1.3 India Oleoresins Market Revenues & Volume, By Solvent extraction, 2018 - 2027F

6.1.4 India Oleoresins Market Revenues & Volume, By Supercritical fluid extraction, 2018 - 2027F

6.2 India Oleoresins Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Oleoresins Market Revenues & Volume, By Food & beverages, 2018 - 2027F

6.2.3 India Oleoresins Market Revenues & Volume, By Pharmaceuticals & nutraceuticals, 2018 - 2027F

6.2.4 India Oleoresins Market Revenues & Volume, By Personal care products, 2018 - 2027F

6.2.5 India Oleoresins Market Revenues & Volume, By Feed, 2018 - 2027F

6.3 India Oleoresins Market, By Sources

6.3.1 Overview and Analysis

6.3.2 India Oleoresins Market Revenues & Volume, By Paprika, 2018 - 2027F

6.3.3 India Oleoresins Market Revenues & Volume, By Capsicum, 2018 - 2027F

6.3.4 India Oleoresins Market Revenues & Volume, By Seed spices, 2018 - 2027F

6.3.5 India Oleoresins Market Revenues & Volume, By Turmeric, 2018 - 2027F

6.3.6 India Oleoresins Market Revenues & Volume, By Ginger, 2018 - 2027F

6.3.7 India Oleoresins Market Revenues & Volume, By Cinnamon & cassia, 2018 - 2027F

6.3.8 India Oleoresins Market Revenues & Volume, By Others, 2018 - 2027F

6.3.9 India Oleoresins Market Revenues & Volume, By Others, 2018 - 2027F

7 India Oleoresins Market Import-Export Trade Statistics

7.1 India Oleoresins Market Export to Major Countries

7.2 India Oleoresins Market Imports from Major Countries

8 India Oleoresins Market Key Performance Indicators

9 India Oleoresins Market - Opportunity Assessment

9.1 India Oleoresins Market Opportunity Assessment, By Extraction process, 2020 & 2027F

9.2 India Oleoresins Market Opportunity Assessment, By Application, 2020 & 2027F

9.3 India Oleoresins Market Opportunity Assessment, By Sources, 2020 & 2027F

10 India Oleoresins Market - Competitive Landscape

10.1 India Oleoresins Market Revenue Share, By Companies, 2020

10.2 India Oleoresins Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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