Paprika
extract is a spice which is in powdered form and is used as a spice
in preparing many foods and also in food coloring which is red or
orange. Paprika extract is also known as paprika oleoresin,
Capsanthin, Capsicum annuum. Paprika oleoresin is an oil which is
made from paprika powder. As paprika is extracted from capsicum it is
also named as Capsicum annuum. Capsicum is mostly used in vegetables,
food coloring and spices. The most important ingredient which is used
to make paprika extract is Capsicum annuum. The type Capsicum is
originated from Central and Southern America and it consists of
different types of chili peppers. This chili peppers includes all the
peppers which includes mildest bell pepper and hottest habanero.
Paprika extracts are broadly used in food industry where they use it
in natural flavoring of foods and also as coloring agent for variety
of foods such as spicy food, meat products, cheese coatings, popcorn
oil etc. Also, it is used parched or fresh in variety of medicine
preparations. It is broadly used in poultry food to extend the color
of egg yolks and also it is used in cheese slices and meat pie.
Naturally paprika is used for health related issues like dry eyes
problem as it contains high concentration of vitamin A, which is a
best thing to prevent dry eye symptoms and this can be done by using
paprika in food. Paprika powder and paprika extract are used as
coloring agent in food industry as well as it is used for coloring in
bath and beauty products.
Paprika
Extract Segmentation
Paprika
Extract market is segmented by its type of product and end use.
Based on application Paprika Extract is segmented into food &
beverage industry which uses paprika extract as natural flavoring &
coloring agent, pharmaceutical industry and Cosmetics industry uses
paprika extract in coloring bath soaps and beauty products.
Based
on end use it is segmented into
- Food and beverage industry
- Cosmetics industry
- Healthcare industry
- Paprika Extract Process
Processing
of Capsicum into paprika extract involves some operations where
heating is done to transform the raw material or the seeds of
capsicum into powdered form or oil.
Paprika
End User
Paprika
is most widely used in Food industry where it is used in variety of
food products as natural flavoring, food coloring in Spices, snacks,
meat products and cheese products. Paprika is also used in beauty
products and personal care products like shampoos, soaps and
lipsticks. Apart from this it is used in pharmaceutical industry for
the preparation of medicines.
Paprika
Extract Drivers
Increased
demand in global market, increased population, disposable income,
growing health awareness of the consumers are the market drivers of
paprika extract. Paprika is used in food coloring and natural
flavoring as a result of which there is rising demand of paprika in
food industry. Paprika is also used in coloring of bath and cosmetic
products. Paprika extracts are being consumed indirectly through the
use of different medicinal ointments which contain capsaicin as a
critical ingredient which include Zostrix and Capzasin HP which are
sold in pharmacies as painkiller cream for Arthritis so it is in
demand in healthcare industry also.
Regional
Overview
The
international flavors and spices in food market was expected to grow
at a significant rate during the forecast period. APEJ will have a
rapid growth in natural color and spice market, followed by Latin
America and Western Europe.
Paprika
Extract Market Players
Few
of the market players for paprika extract consists of
Synthite
Industries, Ozone Naturals, Kancor Ingredients Limited, Hebei
Dongzhixing Biotech Co.,Ltd, Paprika Oleo's India Limited, FLAVEX,
Aromka Brno s.r.o, Plantlipids (P) Ltd, Ungerer & Company and
UNIVERSAL OLEORESINS.
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