Oleoresins Market Size, Share, Trends, Industry Analysis Report: By Product, Extraction Process, Application, and Region

Description

List of Tables

The oleoresins market size is expected to reach USD 3,761.82 million by 2034, according to a new study by Polaris Market Research. The report "Oleoresins Market Size, Share, Trends, Industry Analysis Report: By Product, Extraction Process (Solvent Extraction and Supercritical Fluid Extraction), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Oleoresins are concentrated natural extracts obtained from plants, containing both essential oils and resin compounds, used for flavoring, fragrance, and medicinal purposes.

Consumers are increasingly seeking "clean label" products, which feature simple, understandable, and natural ingredients on their labels. This oleoresins market trend reflects a growing desire to avoid harmful additives, preservatives, and chemicals found in many processed foods and cosmetics. Oleoresins, being plant-derived and free from artificial components, are ideal for this clean-label movement. Their natural properties enable food and beverage companies to create products that appeal to consumers seeking transparency and purity. The rising preference for clean labels is encouraging more industries to adopt oleoresins, ensuring their products meet these evolving consumer demands, which, in turn, is driving the oleoresins market growth.

The development of new, efficient extraction technologies has significantly impacted the oleoresins market expansion. Traditional methods of extraction were often time-consuming and costly, but modern techniques such as supercritical CO2 extraction provide higher yields and better-quality products. These advanced methods preserve the delicate flavors, aromas, and active compounds in oleoresins, making them more appealing to both manufacturers and consumers. Improved extraction technologies have made the production of oleoresins more cost-effective, which is driving market growth.

Oleoresins Market Report Highlights

Based on extraction process, the supercritical fluid extraction segment dominated the oleoresins market share in 2024 due to its benefits, including higher purity, better preservation of volatile compounds, and minimal use of solvents, making it environmentally friendly.
The black pepper segment, by product, is expected to witness significant growth in the forecast period as they are highly valued for their strong flavor, aroma, and health benefits, such as anti-inflammatory and antioxidant properties.
In 2024, North America dominated the oleoresins market revenue driven by the increasing demand for natural and organic products in food, beverages, and personal care.
Asia Pacific is expected to record a significant share during the forecast period owing to the expanding food & beverage industry and the increasing adoption of natural ingredients.
Akay Group Ltd., All-Season Herbs, Chenguang Biotech Group Co. Ltd., Givaudan., Indo-World; Kalsec Inc., Kancor Ingredients Ltd., Manohar Botanical Extracts Pvt. Ltd., MRT Green Products, Naturite Agro Products Ltd., Ozone Naturals, Paprika Oleo's India Limited, Paras Perfumers, Plant Lipids, Synthite Industries Ltd., TMV Aroma, and Universal Oleoresins are among the global key market players.

Polaris Market Research has segmented the oleoresins market report on the basis of product, extraction process, application, and region:

By Product (Revenue - USD Million, 2020-2034)

Paprika
Black Pepper
Capsicum
Turmeric
Ginger
Garlic
Onion
Seed Spice
Herbs
Others

By Extraction Process (Revenue - USD Million, 2020-2034)

Solvent Extraction
Supercritical Fluid Extraction

By Application (Revenue - USD Million, 2020-2034)

Food
Beverages
Fragrances
Pharmaceutical
Nutraceutical
Others

By Regional Outlook (Revenue - USD Million, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

Product Code: PM3536

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Oleoresins Market Insights

4.1. Oleoresins Market - Market Snapshot
4.2. Oleoresins Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Demand from Food and Beverage Industry
  - 4.2.1.2. Expansion of Pharmaceutical Industry
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Fluctuation in Raw Material Availability
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Oleoresins Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Oleoresins Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Oleoresins Market, by Product, 2020-2034 (USD million)
5.3. Paprika
- 5.3.1. Global Oleoresins Market, by Paprika, by Region, 2020-2034 (USD million)
5.4. Black Pepper
- 5.4.1. Global Oleoresins Market, by Black Pepper, by Region, 2020-2034 (USD million)
5.5. Capsicum
- 5.5.1. Global Oleoresins Market, by Capsicum, by Region, 2020-2034 (USD million)
5.6. Turmeric
- 5.6.1. Global Oleoresins Market, by Turmeric, by Region, 2020-2034 (USD million)
5.7. Ginger
- 5.7.1. Global Oleoresins Market, by Ginger, by Region, 2020-2034 (USD million)
5.8. Garlic
- 5.8.1. Global Oleoresins Market, by Garlic, by Region, 2020-2034 (USD million)
5.9. Onion
- 5.9.1. Global Oleoresins Market, by Onion, by Region, 2020-2034 (USD million)
5.10. Seed Spice
- 5.10.1. Global Oleoresins Market, by Seed Spice, by Region, 2020-2034 (USD million)
5.11. Herbs
- 5.11.1. Global Oleoresins Market, by Herbs, by Region, 2020-2034 (USD million)
5.12. Others
- 5.12.1. Global Oleoresins Market, by Others, by Region, 2020-2034 (USD million)

6. Global Oleoresins Market, by Extraction Process

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
6.3. Solvent Extraction
- 6.3.1. Global Oleoresins Market, by Solvent Extraction, by Region, 2020-2034 (USD million)
6.4. Supercritical Fluid Extraction
- 6.4.1. Global Oleoresins Market, by Supercritical Fluid Extraction, by Region, 2020-2034 (USD million)

7. Global Oleoresins Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Oleoresins Market, by Application, 2020-2034 (USD million)
7.3. Food
- 7.3.1. Global Oleoresins Market, by Food, by Region, 2020-2034 (USD million)
7.4. Beverages
- 7.4.1. Global Oleoresins Market, by Beverages, by Region, 2020-2034 (USD million)
7.5. Fragrances
- 7.5.1. Global Oleoresins Market, by Fragrances, by Region, 2020-2034 (USD million)
7.6. Pharmaceutical
- 7.6.1. Global Oleoresins Market, by Pharmaceutical, by Region, 2020-2034 (USD million)
7.7. Nutraceutical
- 7.7.1. Global Oleoresins Market, by Nutraceutical, by Region, 2020-2034 (USD million)
7.8. Others
- 7.8.1. Global Oleoresins Market, by Others, by Region, 2020-2034 (USD million)

8. Global Oleoresins Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Oleoresins Market Assessment, By Geography, 2020-2034 (USD million)
8.3. Oleoresins Market - North America
- 8.3.1. North America: Oleoresins Market, by Product, 2020-2034 (USD million)
- 8.3.2. North America: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
- 8.3.3. North America: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.3.4. Oleoresins Market - U.S.
  - 8.3.4.1. U.S.: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.3.4.2. U.S.: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.3.4.3. U.S.: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.3.5. Oleoresins Market - Canada
  - 8.3.5.1. Canada: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.3.5.2. Canada: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.3.5.3. Canada: Oleoresins Market, by Application, 2020-2034 (USD million)
8.4. Oleoresins Market - Europe
- 8.4.1. Europe: Oleoresins Market, by Product, 2020-2034 (USD million)
- 8.4.2. Europe: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
- 8.4.3. Europe: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.4. Oleoresins Market - UK
  - 8.4.4.1. UK: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.4.2. UK: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.4.3. UK: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.5. Oleoresins Market - France
  - 8.4.5.1. France: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.5.2. France: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.5.3. France: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.6. Oleoresins Market - Germany
  - 8.4.6.1. Germany: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.6.2. Germany: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.6.3. Germany: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.7. Oleoresins Market - Italy
  - 8.4.7.1. Italy: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.7.2. Italy: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.7.3. Italy: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.8. Oleoresins Market - Spain
  - 8.4.8.1. Spain: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.8.2. Spain: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.8.3. Spain: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.9. Oleoresins Market - Netherlands
  - 8.4.9.1. Netherlands: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.9.2. Netherlands: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.9.3. Netherlands: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.10. Oleoresins Market - Russia
  - 8.4.10.1. Russia: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.10.2. Russia: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.10.3. Russia: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.4.11. Oleoresins Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.4.11.2. Rest of Europe: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.4.11.3. Rest of Europe: Oleoresins Market, by Application, 2020-2034 (USD million)
8.5. Oleoresins Market - Asia Pacific
- 8.5.1. Asia Pacific: Oleoresins Market, by Product, 2020-2034 (USD million)
- 8.5.2. Asia Pacific: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
- 8.5.3. Asia Pacific: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.4. Oleoresins Market - China
  - 8.5.4.1. China: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.4.2. China: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.4.3. China: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.5. Oleoresins Market - India
  - 8.5.5.1. India: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.5.2. India: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.5.3. India: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.6. Oleoresins Market - Malaysia
  - 8.5.6.1. Malaysia: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.6.2. Malaysia: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.6.3. Malaysia: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.7. Oleoresins Market - Japan
  - 8.5.7.1. Japan: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.7.2. Japan: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.7.3. Japan: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.8. Oleoresins Market - Indonesia
  - 8.5.8.1. Indonesia: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.8.2. Indonesia: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.8.3. Indonesia: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.9. Oleoresins Market - South Korea
  - 8.5.9.1. South Korea: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.9.2. South Korea: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.9.3. South Korea: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.10. Oleoresins Market - Australia
  - 8.5.10.1. Australia: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.10.2. Australia: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.10.3. Australia: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.5.11. Oleoresins Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.5.11.2. Rest of Asia Pacific: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.5.11.3. Rest of Asia Pacific: Oleoresins Market, by Application, 2020-2034 (USD million)
8.6. Oleoresins Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Oleoresins Market, by Product, 2020-2034 (USD million)
- 8.6.2. Middle East & Africa: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
- 8.6.3. Middle East & Africa: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.6.4. Oleoresins Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.6.4.2. Saudi Arabia: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.6.4.3. Saudi Arabia: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.6.5. Oleoresins Market - UAE
  - 8.6.5.1. UAE: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.6.5.2. UAE: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.6.5.3. UAE: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.6.6. Oleoresins Market - Israel
  - 8.6.6.1. Israel: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.6.6.2. Israel: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.6.6.3. Israel: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.6.7. Oleoresins Market - South Africa
  - 8.6.7.1. South Africa: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.6.7.2. South Africa: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.6.7.3. South Africa: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.6.8. Oleoresins Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.6.8.2. Rest of Middle East & Africa: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.6.8.3. Rest of Middle East & Africa: Oleoresins Market, by Application, 2020-2034 (USD million)
8.7. Oleoresins Market - Latin America
- 8.7.1. Latin America: Oleoresins Market, by Product, 2020-2034 (USD million)
- 8.7.2. Latin America: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
- 8.7.3. Latin America: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.7.4. Oleoresins Market - Mexico
  - 8.7.4.1. Mexico: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.7.4.2. Mexico: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.7.4.3. Mexico: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.7.5. Oleoresins Market - Brazil
  - 8.7.5.1. Brazil: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.7.5.2. Brazil: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.7.5.3. Brazil: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.7.6. Oleoresins Market - Argentina
  - 8.7.6.1. Argentina: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.7.6.2. Argentina: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.7.6.3. Argentina: Oleoresins Market, by Application, 2020-2034 (USD million)
- 8.7.7. Oleoresins Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Oleoresins Market, by Product, 2020-2034 (USD million)
  - 8.7.7.2. Rest of Latin America: Oleoresins Market, by Extraction Process, 2020-2034 (USD million)
  - 8.7.7.3. Rest of Latin America: Oleoresins Market, by Application, 2020-2034 (USD million)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Akay Group Ltd.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. All-Season Herbs
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Chenguang Biotech Group Co. Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Givaudan.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Indo-World
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Kalsec Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Kancor Ingredients Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Manohar Botanical Extracts Pvt. Ltd.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. MRT Green Products
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Naturite Agro Products Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Ozone Naturals
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Paprika Oleo's India Limited
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Paras Perfumers
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
10.14. Plant Lipids
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
10.15. Synthite Industries Ltd.
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
10.16. TMV Aroma
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
10.17. Universal Oleoresins
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development