Chili oleoresin is a natural extract of chili peppers. It is used as a food flavoring and spice, and has a strong, pungent taste. Chili oleoresin is made by grinding up chili peppers and extracting their oils. The resulting product is a thick, red paste that is very concentrated and potent. When used in cooking, it can add a lot of heat and flavor to dishes.
Oleoresins are resin like viscous materials obtained when a spice is extracted with a hydrocarbon solvent. The solvent is removed by vacuum distillation and reused. Oleoresins are 5–20 times stronger in flavor than their corresponding spices and are weaker than the corresponding essential oils.
Paprika oleoresin is a natural food colorant used to obtain a deep red color in any food that has a liquid/fat phase. The oleoresin is slightly viscous, homogenous red liquid with good flow properties at room temperature. Among the various market types of chili, paprika type is being presently grown in very limited scale in restricted areas in India, although there is a great potential of export of natural coloring agents in the international markets, especially paprika with low pungency and high color value.
The main active ingredient in chili oleoresin is capsaicin, which gives chili peppers their characteristic heat. Capsaicin is also responsible for many of chili oleoresin's health benefits, including its ability to relieve pain, improve circulation, and boost metabolism.
Uses and Application
Chili Oleoresin has many uses in the food industry, where it can be used to create unique flavors, colors, and textures. It can also serve as an additive in non-food applications such as cosmetics, detergents, plastics, and pharmaceuticals.
That can be used in a variety of dishes. It is perfect for adding heat and flavor to soups, stews, sauces, and marinades. Plus, it can also be used as a rub for meats or vegetables. It is also used in some Western dishes, particularly in Texas-style chili.
It is used in a variety of applications, including as a food flavoring, as a natural colorant, and as an ingredient in cosmetics and personal care products. Chili oleoresin can be used to add heat and flavor to sauces, soups, and marinades. It can also be used to create fiery red hues in soaps and lotions. When used in cosmetics, chili oleoresin can give lipsticks and other products a deep red color.
Indian Market
Oleoresins Market is expected to grow at a CAGR of 6.04% and to reach 2.27 billion by 2030. Oleoresins are volatile or non-volatile produced from the extraction of spices with the help of non-aqueous solvents. These are having the same properties and characteristics as the spices they are derived from.
India is one of the largest producer and exporter of spice oleoresins. In spite of this domestic market for this product is virtually nil/very limited. The main spice oleoresins/oils produced and exported from India are pepper, ginger, cardamom, chilly, turmeric, celery, etc. USA, Canada and West Europe are the major markets to where about 80% of the total production of India is exported.
As per the International, survey, the estimated demand of spice oleoresins is about 1800 MT. India has a share of roughly 50% in this. At present there are about 12 manufacturing and exporting units in India. They are not utilizing their full capacity as the utilization mainly depends upon export demand. In this context, it would be advisable to go in for market tie-ups to ensure sales and to get a share in the existing and future demands for various items.
Oleoresins have a great base flavor and little complex flavor profile; oleoresins have become popular in the beverages industry. Apart, these are also used to add natural color to beverages, which increases the demand for oleoresins and thus increases the growth of the oleoresins market. Oleoresins are having wide varieties which brings them an opportunity to produce innovative or improved natural foods and flavorings. Some manufacturers are preparing their marinades and other forms of spices instead of using flavoring marinades. Apart, oleoresins are used as ingredients in the production of sauces, marinades, mayonnaise, and pickles which propels the demand over the oleoresins.
Industry Major Market Players:
1. Chenguang Biotech Group Co. Ltd.
2. Kancor Ingredients Ltd.
3. Kalsec Inc.
4. Universal Oleoresins
5. Givaudan
6. Akay Group Ltd.
7. Synthite Industries Ltd.
8. AVT
9. Indo-World
10. Paprika Oleo's India Limited
11. Paras Perfumers
12. Manohar Botanical Extracts Pvt. Ltd.
13. Naturite Agro Products Ltd
14. MRT GREEN PRODUCTS
15. All-Season Herbs
16. TMV Aroma
17. Plant Lipids
18. Ozone Naturals