Paprika Oleoresin Market Size to Surpass US$ 356.9 Million by 2033, The Brainy Insights [Yahoo! Finance]
GIVAUDAN SA UNSP/ADR (GVDNY)
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Source: Yahoo! Finance
Newark, May 09, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 162.3 million paprika oleoresin market will reach USD 356.9 million by 2033. With customers prioritising healthier and more functional food choices, paprika oleoresin—rich in important carotenoids like beta-carotene and capsanthin—has become more popular. It is also known for its antioxidant capabilities. Its potential extends beyond the food industry to non-food uses such as pet feeds, cosmetics, and pharmaceuticals, creating market expansion and diversification opportunities. Industry participants are investigating new markets and promoting paprika oleoresin as an economical and natural food colouring in the food and beverage industries to take advantage of this market opportunity. Request market scope and parent market analysis sample PDF: https://www.thebrainyinsights.com/enquiry/sample-request/14268 Research and technology expenditures help to enhance extraction procedures and boost productio
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