Oleoresins are the combination of both oil and resins extracted from herbal plants and other species. The applications in this market are food industries, frozen food toppings, perfume industry, soaps and other lotions. India became a global market for Oleoresins as the demand of naturally occurring materials decreases. They prefer more spice oleoresins for food toppings and so on. Fragrance industry and Food Industries are the largest markets for Oleoresins. The key players in this market are Universal Oleoresins, Synthite Industries Ltd, Hawkins Watts, Akay Industries and so on.
What are Oleoresins?
Oleoresins are the extractions of oil and resin from natural herbs or plants. It is present in concentrated form. The distillation of spice oils is the first step. After that it undergo different solvent extractions. The spice oleoresins, chilli oleoresins, cinnamon oleoresins, Black pepper Oleoresins are types of oleoresins are available.
What are the applications of Oleoresins?
The Oleoresins are used as coloring agents in food items like snacks, butter, cereals and also in Poultry feed to improve the color of eggs and poultry. These are also used in hair lotions, Candles, Soaps, jellies, jams, cosmetics and so on. The stored food like Desserts, Soups, Frozen Food, Fish food also use Oleoresins.
Market Research and Market Trends of Oleoresins Market:
The first oil and oleoresin extraction comes from Germany earlier. But these day’s commercialized methods have come into existence and improved the quality of oleoresin properties that are attracting many customers in the market.
Apart from use of oleoresins in food and perfume industries, these are also used in wound healing treatments. The research activity shows oleoresins play an important role in healing the wounds and relieving episiotomy pain in the women.
Synthite Industries Ltd is an Indian company which is the largest producers of spice oleoresins extended their branches in china, US and Germany and expected more revenue from by exporting their products.
Who are the Major Players in Oleoresins Market?
The key players in this market are Organic Species Inc, Universal Oleoresins, Synthite Industries, AVT naturals, Plant lipids, Akay industries, Advanced Biotech and 10 more companies.
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