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Paprika Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global paprika market grew at a CAGR of around 5% during 2015-2020. Paprika is a mild-flavored ground spice used in foods as a color garnish. It is prepared by air-drying sweet peppers and red, green and orange capsicums and is often used with cayenne spice to add a smoky-sweet flavor to the dish. Paprika is commonly available in powder and oil forms and is a rich source of antioxidants, carotenoids, natural lipids and essential vitamins and minerals that aid in the formation of new red blood cells (RBCs). As a result, it is widely used in the manufacturing of food and beverages, including spice blends, rubs, marinades, sauces, stews, pasta and sausages, cosmetics and pharmaceutical products.

Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Paprika is widely used as a natural coloring agent to enhance the flavor and to improve the stability of the food products. Furthermore, increasing consumer awareness regarding the health benefits of paprika is also driving the market growth. Paprika exhibits various anti-aging, anti-inflammatory, anti-depression and antioxidant properties, which aid in reducing pain, anxiety, inflammation, blood sugar levels and arthritis and assists in improving good cholesterol levels, vision and blood cell count. It is also rich in capsaicinoids that are used for improving cardiovascular and gastrointestinal health. Additionally, the launch of natural paprika powder, which is produced using organic ingredients, is favoring the market growth. Other factors, including rising expenditure capacities of the consumers, along with the increasing demand for specialty foods, are anticipated to drive the market growth. Looking forward, IMARC Group expects the global paprika market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global paprika market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.

Breakup by Product:

  • Vegetable
  • Spice Powder
  • Paprika Oleoresin
  • Others
     

Breakup by Application:

  • Food
  • Pharmaceuticals
  • Cosmetics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Chr. Hansen Holding A/S, Evesa, Frutarom Industries Ltd. (International Flavors & Fragrances Inc.), Kancor Ingredients Limited, Naturex, Plant Lipids, Synthite Industries Ltd., Ungerer & Company (Givaudan SA) and Unilever Food Solutions.

Key Questions Answered in This Report:

  • How has the global paprika market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global paprika market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global paprika market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Paprika Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Vegetable
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Spice Powder
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Paprika Oleoresin
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Food
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Pharmaceuticals
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Cosmetics
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Chr. Hansen Holding A/S
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    Evesa
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Frutarom Industries Ltd (International Flavors & Fragrances Inc.)
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Kancor Ingredients Limited
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Naturex
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Plant Lipids
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Synthite Industries Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Ungerer & Company (Givaudan SA)
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Unilever Food Solutions
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio

List of Figures

Figure 1: Global: Paprika Market: Major Drivers and Challenges
Figure 2: Global: Paprika Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Paprika Market: Breakup by Product (in %), 2020
Figure 5: Global: Paprika Market: Breakup by Application (in %), 2020
Figure 6: Global: Paprika Market: Breakup by Region (in %), 2020
Figure 7: Global: Paprika (Vegetable) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Paprika (Vegetable) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Paprika (Spice Powder) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Paprika (Spice Powder) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Paprika (Paprika Oleoresin) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Paprika (Paprika Oleoresin) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Paprika (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Paprika (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Paprika (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Paprika (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Paprika (Pharmaceuticals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Paprika (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Paprika (Cosmetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Paprika (Cosmetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Paprika (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Paprika (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: North America: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: North America: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: United States: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: United States: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Canada: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Canada: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia-Pacific: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia-Pacific: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: China: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: China: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Japan: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Japan: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: India: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: India: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: South Korea: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: South Korea: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Australia: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Australia: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Indonesia: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Indonesia: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Others: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Others: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Europe: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Europe: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Germany: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Germany: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: France: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: France: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: United Kingdom: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: United Kingdom: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Italy: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Italy: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Spain: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Spain: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Russia: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Russia: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Others: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Others: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Latin America: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Latin America: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Brazil: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Brazil: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Mexico: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Mexico: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Middle East and Africa: Paprika Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Middle East and Africa: Paprika Market: Breakup by Country (in %), 2020
Figure 71: Middle East and Africa: Paprika Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Global: Paprika Industry: SWOT Analysis
Figure 73: Global: Paprika Industry: Value Chain Analysis
Figure 74: Global: Paprika Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Paprika Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Paprika Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Paprika Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Paprika Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Paprika Market: Competitive Structure
Table 6: Global: Paprika Market: Key Players

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