The global oleoresin market size hit USD 1.35 billion in 2021. The market value is slated to rise from USD 1.42 billion in 2022 to USD 1.99 billion by 2029, exhibiting a CAGR of 5.0% during the forecast period. Oleoresins are rising in popularity across several North American and European markets, owing to the growing consumer attraction toward ethnic cuisines. Heightened consumer demand for ethnic foods with exotic flavors and more herb & spice extracts is creating new opportunities for market players, says Fortune Business InsightsTM in its report titled, “Oleoresin Market, 2022-2029”.

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