Oleoresin is a homogeneous mixture comprising of resin and oils that are volatile in nature. Spice oleoresins represent the complete flavour profile of the spice. It contains the volatile as well as non-volatile constituents of spices. Spice oleoresins guarantee superior quality of flavour and aroma. They have several applications like in the preparation of beverages, soup powders, confecti onary, curries, noodles, sauces, canned meat etc.
The Indian spice oleoresin market is about Rs.600 crores. India accounts for 70% of the world oleoresin production with competition from China, US, Lanka, South Africa and Latin America. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
· Arjuna Natural Extracts Ltd.
· Kancor Ingredients Ltd.
· Naturite Agro Products Ltd.
· Omniactive Health Technologies Ltd.
· Sanat Products Ltd.
· Sijmak Oils Ltd.