Global Oregano Oleoresin Market was valued US$ xx Bn in 2019 and is expected to grow US$ xx Bn by 2027, at a CAGR of xx% during the forecast period.
Global Oregano Oleoresin Market
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Oregano oleoresin is produced by the solvent extraction of the dry herbs of oregano standardized with refined vegetable oils. Oregano oleoresin is a greenish-brown liquid in appearance with a floral odour. It has a strong smell with a slightly bitter taste. Its major ingredients are volatile oil, carvacrol, and thymol. Oregano oleoresin is mostly used as a spice and seasoning mixes for meats, sausages, and other food preparations as well. Oregano flavors are generally found in Turkish, Greek, Portuguese, Spanish, Latin American, and even in Italian food.
The growing market for processed food and consumers’ demand for a quality food product with unique taste experience is driving the growth for flavors, flavor enhancers, food oils, and oleoresins in the food & beverage industry. One such oleoresin used mostly in the food & beverage industry to add exceptional flavor and aroma to the food product is the oregano oleoresin.
The fast-growing urbanization and demand for convenience and processed foods are the key drivers for the growing demand for oregano oleoresin. Oregano oleoresin has application in baked goods, cereals, snacks, beverages, salads & dressings, seasoning & sauces, and others to increase the flavors of these products. Also, irrespective of the altering flavoring landscape, natural flavors like oregano oleoresin remains central to flavor and taste improvement. Natural ingredients like oregano oleoresin are used in most savory food for giving depth to the flavor and their unique properties to dishes. Several HoReCa (Hotels, Restaurants, and Cafes) use oregano oleoresin for the preparation of special foods including Italian cuisines, Mexican cuisines, and others cuisines which is further driving the growth of the oregano oleoresins market.
By region, North America and Europe are expected to have the largest market share for the oregano oleoresin consecutively, because of the increasing use of oregano flavoring in the native foods and food products, increasing consumption of packaged food products together with growing health awareness among consumers is expected to generate the needs for natural food flavorings like oregano oleoresin. The demand for oregano oleoresins is also expected to witness market opportunities in the Asia Pacific region. The huge consumer base, increasing young population, and growing preference to western flavors are making emerging economies like China and India, demand flavored food products like oregano oleoresin in the Asia Pacific region.The regulatory bodies in the region are banning artificial food flavors hence the producers in the Asia Pacific are expected to make use of natural and organic ingredients like oregano oleoresins in the future.
Turkey, Morocco, and Albania are conventionally the largest oregano exporters in the world, exporting oregano to almost every corner of the world for meeting the growing demands for oregano and oregano products.
The report includes the manufacturing process with the complete process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. The report also offers additional analysis a detailed breakdown of all cost components like capital investment details, production cost details, and dynamic cost model.
The objective of the report is to present a comprehensive analysis of the Global Oregano Oleoresin Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Oregano Oleoresin Market dynamics, structure by analyzing the market segments and project the Global Oregano Oleoresin Market size. Clear representation of competitive analysis of key players by type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Oregano Oleoresin Market make the report investor’s guide.
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Global Oregano Oleoresin Market, By Nature
• Organic
• Conventional
Global Oregano Oleoresin Market, By Form
• Powder
• Liquid
Global Oregano Oleoresin Market, By Solubility
• Water soluble
• Oil Soluble
Global Oregano Oleoresin Market, By End-use
• Baked Goods
• Cereals
• Snacks
• Beverages
• Salads & Dressings
• Seasoning & Sauces
• Others
Global Oregano Oleoresin Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Oregano Oleoresin Market
• Kancor Ingredients Ltd.
• Lionel Hitchen Limited
• Penta Manufacturing Company
• Pacific Blends Ltd.
• Flavorchem Corporation
• AOS Products Private Limited
• Healing Solutions Essential Oils
• Rocky Mountain Oil Corp
• Plant Therapy Essential Oils
• Frontier Co-op (Aura Cacia)
• Prime Natural Essential Oils
• Mountain Rose Herbs
• Fabulous Frannie Essential Oils
• Plant Guru Essential Oils
• Kis Oils
• Others
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