Market Overview:
The global paprika market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paprika as a food seasoning and colorant, especially in developing countries. In addition, the increasing use of paprika as a poultry feed color additive is also contributing to the growth of this market. On the basis of type, spice powder accounted for majority share of the global paprika market in 2017. This can be attributed to its widespread use as a food seasoning across different regions.
Product Definition:
Spice Powder:
Spice powder is a spice blend which contains ground spices such as cinnamon, clove, nutmeg, cardamom seeds and black pepper. The product is widely used in meat products to enhance their flavor. It also finds application in bakery products for imparting flavors such as vanilla and chocolate. Moreover, it can be used to add taste to beverages like tea and coffee.
Colorant Powder:
A colorant powder is a product that provides color to the food products. It can be natural or synthetic in nature. The most commonly used synthetic colors are red, yellow and green among others which provide varied hues. Natural colors are derived from plants, fruits and animals; they have low intensity as compared to their synthetic counterparts but have an advantage of being completely natural.
Application Insights:
Food seasoning was the largest application segment in 2016, accounting for over 50% of global market share. The product is widely used as a flavoring and coloring agent in food and beverages industry. It has a strong presence as an ingredient in processed foods such as canned meat, cheese, soups & sauces, snacks & cereals owing to its rich flavor and color properties.
The demand for paprika extract is expected to grow at a significant rate due to its extensive use as an ingredient in perfumery industry worldwide. It finds applications such as fragrance component (parfum), fixative (aldehyde) and carrier solvent (olive oil). The growing popularity of authentic aromas among consumers especially after 2008 when the global economic crisis hit hardest will drive the segment further during forecast years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of paprika and its derivatives. The region is expected to maintain its dominance over the forecast period due to growing consumer awareness regarding health, hygiene, and food safety. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of increasing product demand from emerging economies including China, India, Indonesia, Malaysia Philippines among others. Increasing disposable income levels coupled with rising consumer spending on household products will drive growth further.
Asia Pacific accounted for a share of more than 50% in terms of volume as well as revenue in 2017 owing mainlyto high consumption volumes across countries such as Japan.
Growth Factors:
- Increasing demand for healthy and organic food products.
- Rising disposable income of consumers in developing countries.
- Growing popularity of plant-based diets around the world.
- Proliferation of e-commerce platforms and delivery services that offer fresh produce directly to consumers’ doorsteps.
Scope Of The Report
Report Attributes
Report Details
Report Title
Paprika Market Research Report
By Type
Spice Powder, Colorant Powder, Paprika Oleoresins, Others
By Application
Food Seasonings, Food Coatings, Poultry Feed Color Additive, Others
By Companies
Chr. Hansen, Givaudan (Naturex), Extractos Vegetales SA (EVESA), DDW The Color House, Mane Investissements (Kancor Ingredients), Ingredientes Naturales Seleccionados, Synthite Industries, Kalsec Natural Ingredients, Plant Lipids, Yunnan Honglv Capsaicin, Chr. Hansen, Xinjiang Longping High-Tech Hongan Seeds
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Paprika Market Report Segments:
The global Paprika market is segmented on the basis of:
Types
Spice Powder, Colorant Powder, Paprika Oleoresins, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Seasonings, Food Coatings, Poultry Feed Color Additive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chr. Hansen
- Givaudan (Naturex)
- Extractos Vegetales SA (EVESA)
- DDW The Color House
- Mane Investissements (Kancor Ingredients)
- Ingredientes Naturales Seleccionados
- Synthite Industries
- Kalsec Natural Ingredients
- Plant Lipids
- Yunnan Honglv Capsaicin
- Chr. Hansen
- Xinjiang Longping High-Tech Hongan Seeds
Highlights of The Paprika Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spice Powder
- Colorant Powder
- Paprika Oleoresins
- Others
- By Application:
- Food Seasonings
- Food Coatings
- Poultry Feed Color Additive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paprika Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paprika is a spice made from dried peppers.
Some of the major companies in the paprika market are Chr. Hansen, Givaudan (Naturex), Extractos Vegetales SA (EVESA), DDW The Color House, Mane Investissements (Kancor Ingredients), Ingredientes Naturales Seleccionados, Synthite Industries, Kalsec Natural Ingredients, Plant Lipids, Yunnan Honglv Capsaicin, Chr. Hansen, Xinjiang Longping High-Tech Hongan Seeds.
The paprika market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paprika Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paprika Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paprika Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paprika Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paprika Market Size & Forecast, 2018-2028
4.5.1 Paprika Market Size and Y-o-Y Growth
4.5.2 Paprika Market Absolute $ Opportunity
Chapter 5 Global Paprika Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Paprika Market Size Forecast by Type
5.2.1 Spice Powder
5.2.2 Colorant Powder
5.2.3 Paprika Oleoresins
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Paprika Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Paprika Market Size Forecast by Applications
6.2.1 Food Seasonings
6.2.2 Food Coatings
6.2.3 Poultry Feed Color Additive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paprika Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paprika Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Paprika Analysis and Forecast
9.1 Introduction
9.2 North America Paprika Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Paprika Market Size Forecast by Type
9.6.1 Spice Powder
9.6.2 Colorant Powder
9.6.3 Paprika Oleoresins
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Paprika Market Size Forecast by Applications
9.10.1 Food Seasonings
9.10.2 Food Coatings
9.10.3 Poultry Feed Color Additive
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Paprika Analysis and Forecast
10.1 Introduction
10.2 Europe Paprika Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Paprika Market Size Forecast by Type
10.6.1 Spice Powder
10.6.2 Colorant Powder
10.6.3 Paprika Oleoresins
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Paprika Market Size Forecast by Applications
10.10.1 Food Seasonings
10.10.2 Food Coatings
10.10.3 Poultry Feed Color Additive
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Paprika Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Paprika Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Paprika Market Size Forecast by Type
11.6.1 Spice Powder
11.6.2 Colorant Powder
11.6.3 Paprika Oleoresins
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Paprika Market Size Forecast by Applications
11.10.1 Food Seasonings
11.10.2 Food Coatings
11.10.3 Poultry Feed Color Additive
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Paprika Analysis and Forecast
12.1 Introduction
12.2 Latin America Paprika Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Paprika Market Size Forecast by Type
12.6.1 Spice Powder
12.6.2 Colorant Powder
12.6.3 Paprika Oleoresins
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Paprika Market Size Forecast by Applications
12.10.1 Food Seasonings
12.10.2 Food Coatings
12.10.3 Poultry Feed Color Additive
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Paprika Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Paprika Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Paprika Market Size Forecast by Type
13.6.1 Spice Powder
13.6.2 Colorant Powder
13.6.3 Paprika Oleoresins
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Paprika Market Size Forecast by Applications
13.10.1 Food Seasonings
13.10.2 Food Coatings
13.10.3 Poultry Feed Color Additive
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paprika Market: Competitive Dashboard
14.2 Global Paprika Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chr. Hansen
14.3.2 Givaudan (Naturex)
14.3.3 Extractos Vegetales SA (EVESA)
14.3.4 DDW The Color House
14.3.5 Mane Investissements (Kancor Ingredients)
14.3.6 Ingredientes Naturales Seleccionados
14.3.7 Synthite Industries
14.3.8 Kalsec Natural Ingredients
14.3.9 Plant Lipids
14.3.10 Yunnan Honglv Capsaicin
14.3.11 Chr. Hansen
14.3.12 Xinjiang Longping High-Tech Hongan Seeds
