Global Paprika Market to Grow at 6.3% During 2025-2033, Augmented by Increasing Popularity of Organic Cosmetic Products

January 15, 2025 | Food & Beverages

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According to the latest report by IMARC Group, titled “Paprika Market Report by Product (Vegetable, Spice Powder, Paprika Oleoresin, and Others), Application (Food, Pharmaceuticals, Cosmetics, and Others), and Region 2025-2033,” the global paprika market size reached USD 617.3 Million in 2024. Paprika is a mild red condiment made from dried finely ground pods of various sweet peppers. It provides essential nutrients, including calories, proteins, fats, carbs, fiber, iron, and vitamins A, E, and B6. It also comprises several antioxidants, such as carotene, capsanthin, zeaxanthin, and lutein. Consequently, it is widely utilized in the treatment of chronic illnesses, including heart diseases and cancer.

Global Paprika Market Trends:

At present, there is a considerable rise in the employment of paprika in the food and beverage (F&B) industry across the globe. This represents one of the key factors strengthening the growth of the market. As paprika offers high stability, it is widely utilized in fried and cooked food at high temperatures. It also finds application as an alternative to whole-ground spices without compromising the flavor. Apart from this, as paprika has several anti-inflammatory, analgesic, anti-obesity, anti-aging, and anti-depression properties, it is used in the pharmaceutical industry for the production of drugs that assist in reducing pain, anxiety, and stress. Furthermore, due to increasing concerns about artificial ingredients used in the manufacturing of cosmetics, there is an increase in the demand for organic cosmetic products. This has positively influenced the adoption of paprika as a pigment in the cosmetics industry. Other significant factors, including inflating income levels, changing lifestyles and the escalating demand for convenience foods, are propelling the market growth. Looking forward, the market value is projected to reach USD 1,115.9 Million by 2033, expanding at a CAGR of 6.3% during 2025-2033.

Market Summary:

Based on the product, the market has been segmented into vegetable, spice powder, paprika oleoresin, and others.
On the basis of the application, the market has been divided into food, pharmaceuticals, cosmetics, and others.
Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (Australia, China, South Korea, India, Japan, Indonesia and others); Europe (the United Kingdom, Spain, Germany, Italy, France, Russia and others); Latin America (Mexico, Brazil and others); and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Chr. Hansen Holding A/S, Extractos Vegetables, S.A., International Flavors & Fragrances Inc., Mane Kancor Ingredients Private Limited, Naturex S.A., Plant Lipids Private Limited, Synthite Industries Ltd., Givaudan SA, and Unilever PLC.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Chr. Hansen Holding A/S, Extractos Vegetables, S.A., International Flavors & Fragrances Inc., Mane Kancor Ingredients Private Limited, Naturex S.A., Plant Lipids Private Limited, Synthite Industries Ltd., Givaudan SA, and Unilever PLC
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Paprika Market to Grow at 6.3% During 2025-2033, Augmented by Increasing Popularity of Organic Cosmetic Products

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