Oleoresin Market Opportunities, And Forecasts To 2030
Oleoresin Market Growth & Trends The global oleoresin market is expected to reach USD 2.60 Billion by 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by increased demand from the pharmaceutical, healthcare, and food and beverage industries. Therapeutic properties and multiple health benefits of oleoresins are considered to be major driving forces for the oleoresin market. Oleoresin Market Segmentation Grand View Research has segmented the global oleoresin market report based on the product, application and region: Based on the Product Insights, the market is segmented into Paprika, Black Pepper, Capsicum, Turmeric, Ginger, Garlic, Onion, Seed Spice, Herbs, Others. Black pepper products dominated the global oleoresin market with more than 23% revenue share. The growth of the segment is attributable to the extensive use of black pepper in the food and beverage industry. Black pepper is used as a spice, flavoring agent, additive, and as w...