Chili is one of the abundantly domestically used as well as commercially used spices. Chili can be commercially exploited for extraction of chili oil and oleoresin afterwards it can be ground in Chili powders as used ground chili spices. For extraction of chili oil and oleoresin, there will be use of solvent extraction process or steam distillation process.
Chili oil is an infusion of chili peppers in a base oil like sesame oil. It is a condiment commonly used in Chinese and Korean cuisine. Chili oil can easily be prepared at home and enjoyed with the dishes. It is generally reddish orange in color and tastes like chili peppers, although slightly less intense. This makes it ideal as a sauce or dip for many recipes. Chili oil can also be used for various healing purposes.
Oleoresins and spice oils have large domestic as well as export markets. They are consumed by a broad spectrum of manufacturers like confectionary, noodles, beverages, sauces, canned meat, soup powders, curries, poultry products and so on. Most of the end use industries are growing steadily and demand is bound to increase. With increasing preference for quality products, use of spices is rapidly replaced with oleoresins and spice oils. Thus due to demand it is a good opportunity for entrepreneurs to invest.
Few Indian Major Players are as under
· Akay Flavours & Aromatics Pvt. Ltd.
· Anmol Bakers Pvt. Ltd.
· Enjayes Spices & Chemical Oils Ltd.
· Him Neel Breweries Ltd.
· Naturite Agro Products Ltd.
· Sijmak Oils Ltd.