Paprika Oleoresin Market Demand

Mahendrajakore27 Sep, 2022News

According to a recent study conducted on the paprika oleoresin market by Transparency Market Research, the market is expected to grow at a CAGR of 7.3% to reach US$ 459 Mn by the end of the forecast period. Paprika oleoresin is an oil-soluble extract obtained from the fruits of capsicum frutescens or capsicum annuum that is mostly used in food as a colorant and flavoring. Paprika oleoresin is largely used in food and beverages as food colorants. It is widely used to add color and flavor to numerous of dishes. The product has the characteristic odor of sweet chillies.