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Global Paprika Powder Market by Product (Regular Paprika Powder, Sweet Paprika Powder and Smoked Paprika Powder), By Nature (Traditional & Mild), By Application (Food & Others), By Distribution Channel (Direct & Indirect) By Region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Industry Trends and Forecast to 2030.


Report ID : IR1002347 | Industries : Healthcare | Published On :July 2024 | Page Count : 215

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  • Global Paprika Powder Market by Product (Regular Paprika Powder, Sweet Paprika Powder and Smoked Paprika Powder), By Nature (Traditional & Mild), By Application (Food & Others), By Distribution Channel (Direct & Indirect) By Region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Industry Trends and Forecast to 2030.
    Global Paprika Powder Market
    Global Paprika Powder Market was valued at USD 205.48 billion in 2022 and is expected to reach USD 126.09 billion by 2030. The CAGR is 8.94% during the forecast period 2023-2030.
    Paprika powder is a spice used in its natural form to add flavor and color to food. It is made from dried pieces of a type of pepper plant. Paprika is widely used as a spice in many cuisines, including Hungarian, Spanish and Indian. The product is widely used in meat products to improve their taste. It is also used in baked goods to give flavors such as vanilla and chocolate. In addition, it can be used to add drinks such as tea and coffee. Due to its antibacterial and antioxidant health effects, capsicum is used for various medicinal purposes and is thus used in the pharmaceutical industry.
    Market Drivers 
    Strong market coverage as a spice in various foods worldwide Paprika is widely used as a spice in many cuisines, including Hungarian, Spanish and Indian. The growth of the market is driven by the increase in demand for paprika as a grocery and natural food. In addition, increasing demand for paprika oleoresins as a colour additive in poultry feed is also contributing to the growth of the global paprika powder market. In addition, the product is widely used in meat products to improve their taste. It is also used in baked goods to give flavors such as vanilla and chocolate. In addition, it can be used to add drinks such as tea and coffee. Consequently, increasing demand for paprika powder as a food flavoring agent and natural colorant is expected to boost the growth of the global paprika powder market.  The growing importance of paprika as a functional ingredient in applications other than food.
    Market Restraints 
    Counterbalance risk of other spices. There are many different spices in different foods and dishes that give the same effect as paprika. Some smoky paprika substitutes are chipotle chili (for smoky paprika), cayenne pepper powder (for hot/hot paprika), ancho pepper powder (for paprika), guajillo pepper powder (for paprika) and chilli powder (for hot/hot paprika) among many others among. Smoked paprika adds depth to food, while sweet paprika is a classic staple and can be used alongside garlic and onions in almost any dish. Mild chili and tomato powder were also used instead of paprika powder to get the paprika flavor. Easy availability of different types of paprika substitutes in the global market is expected to be a major restraint for the growth and development of the global paprika powder market.
    Market Opportunities 
    Cultivation of other profitable crop alternatives the paprika powder market generally relies on contract farming for raw material production, where producers contract with farmers to supply paprika for processing and making paprika powder. In this type of cultivation, the farmer produces peppers only for the buyer. The farmer cannot sell or transfer the ordered pepper to a third party. However, there are certain disadvantages that force farmers to switch to other farming methods or grow other crops. The biggest disadvantage of contract farming is that it does not allow side sales of crops to other buyers. This limits the growth of the farmer and the industry.
    Market segmentation 
    Global Paprika Powder Market is segmented on the basis of by Product, By Nature, By Application, By Distribution.
    Based on the by Product market segmented into Regular Paprika Powder, Sweet Paprika Powder and Smoked Paprika Powder. Further market is segmented into By Nature market segmented into Traditional & Mild. By Application market segmented into Food & Others. By Distribution market is segmented into Direct & Indirect.
    Regional Analysis

    Global Paprika Powder Market is segmented into region are United States, Canada and Mexico in North America, Latin, America, Europe, Asia pacific, and middle east and Africa. Asia-Pacific is expected to dominate the global paprika powder market due to rising mindfulness among consumers regarding the medical advantages of paprika powder, which are expected to provide opportunities in the region.
    Key Players
    Various key players are listed in this report such as Naturesmith Foods LLP., EVESA, Le Comptoir Colonial, Botanic Healthcare, Laxcorn, Qingdao Fumanxin Foods Co., Ltd., Sunrise Spices Exporters, British Aqua Feeds, Westmill Foods, Santa Maria UK Ltd, Rubin Paprika Processing Ltd, Foodchem International Corporation, Qingdao Taifoong Foods Co., Ltd, Lizaz Food Processing Industries, Sri Ruthra Exports, SINOPAPRIKA CO., LTD, Natural Spices, López Matencio S.A., Silverline Chemicals, and Qingdao MeiRuYuan Foods Co., Ltd 

    Market Taxonomy
    By Product 
    •        Regular Paprika Powder
    •        Sweet Paprika Powder
    •        Smoked Paprika Powder
    By Nature 
    •        Traditional
    •        Mild
    By Application 
    •        Food 
    •        Others
    By Distribution 
    •        Direct
    •        Indirect
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East & Africa

    Key Questions Addressed by the Report
    •        What are the Key Opportunities in Global Paprika Powder Market?
    •        What will be the growth rate from 2023 to 2030?
    •        Which segment/region will have highest growth?
    •        What are the factors that will impact/drive the Market?
    •        What is the competitive Landscape in the Industry?
    •        What is the role of key players in the value chain?



     

    Global Paprika Powder Market  
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Paprika Powder Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World supply and Demand Condition 
    4.2.7 Cumulative Impact of Russia Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Paprika Powder Market, By Product
    5.1 Y-o-Y Growth Comparison, By Product 
    5.2 Global Paprika Powder Market Share Analysis, By Product 
    5.3 Global Paprika Powder Market Size and Forecast, By Product
    5.3.1 Regular Paprika Powder
    5.3.2 Sweet Paprika Powder
    5.3.3 Smoked Paprika Powder
    6 Global Paprika Powder Market, By Nature 
    6.1 Y-o-Y Growth Comparison, By Nature 
    6.2 Global Paprika Powder Market Share Analysis, By Nature 
    6.3 Global Paprika Powder Market Size and Forecast, By Nature 
    6.3.1 Traditional 
    6.3.2 Mild
    7 Global Paprika Powder Market, By Application 
    7.1 Y-o-Y Growth Comparison, By Application 
    7.2 Global Paprika Powder Market Share Analysis, By Application 
    7.3 Global Paprika Powder Market Size and Forecast, By Application 
    7.3.1 Food 
    7.3.2 Others
    8 Global Paprika Powder Market, By Distribution
    8.1 Y-O-Y Growth Comparison, By Distribution 
    8.2 Global Paprika Powder Market Share Analysis, By Distribution
    8.3 Global Paprika Powder Market Size and Forecast, By Distribution
    8.3.1 Foliar
    8.3.2 Spray
    8.3.3 soil treatment 
    10 Global Paprika Powder Market, By Region
    10.1 Global Paprika Powder Market Share Analysis, By Region
    10.2 Global Paprika Powder Market Share Analysis, By Region
    10.3 Global Paprika Powder Market Size and Forecast, By Region
    11 North America Plant Activators Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 North America Plant Activators Market Share Analysis, By Product
    11.3 North America Plant Activators Market Size and Forecast, By Nature 
    11.4 North America Plant Activators Market Size and Forecast, By Application 
    11.6 North America Plant Activators Market Size and Forecast, By distribution
    11.7 North America Plant Activators Market Size and Forecast, By Country
    11.7.1 U.S.
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Plant Activators Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Europe Plant Activators Market Share Analysis, By Product 
    12.3 Europe Plant Activators Market Size and Forecast, By Nature  
    12.4 Europe Plant Activators Market Size and Forecast, By Application 
    12.6 Europe Plant Activators Market Size and Forecast, By Distribution
    12.7 Europe Plant Activators Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4. Rest of Europe
    13 Asia Pacific Plant Activators Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Asia Pacific Plant Activators Market Share Analysis, By Product 
    13.3 Asia Pacific Plant Activators Market Size and Forecast, By Type 
    13.4 Asia Pacific Plant Activators Market Size and Forecast, By Application 
    13.6 Asia America Plant Activators Market Size and Forecast, By Distribution
    13.7 Asia Pacific Plant Activators Market Size and Forecast, By Country
    13.7.1 China 
    13.7.2 Japan
    13.7.3 India
    13.7.4. Rest of Asia Pacific
    14 Latin America Plant Activators Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Latin America Plant Activators Market Share Analysis, By Product 
    14.3 Latin America Plant Activators Market Size and Forecast, By Type 
    14.4 Latin America Plant Activators Market Size and Forecast, By Application 
    14.6 Latin America Plant Activators Market Size and Forecast, By Distribution 
    14.7 Latin America Plant Activators Market Size and Forecast, By Country
    14.7.1. Brazil
    14.7.2. Rest of Latin America
    15 Middle East Plant Activators Market Analysis and Forecast (2023-2030)
    15.1 Introduction
    15.2 Middle East Plant Activators Market Share Analysis, By Product 
    15.3 Middle East Plant Activators Market Size and Forecast, By Type 
    15.4 Middle East Plant Activators Market Size and Forecast, By Application 
    15.6 Middle East Plant Activators Market Size and Forecast, By Distribution
    15.7 Middle East Plant Activators Market Size and Forecast, By Country
    15.7.1. Saudi Arabia
    15.7.2. UAE
    15.7.3. Egypt
    15.7.4. Kuwait
    15.7.5. South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 Nature smith Foods LLP
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2. EVESA
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    21.2.6 Key Strategies
    21.3. Le Comptoir Colonial
    21.3.1 Overview
    21.3.2 Offerings
    21.3.3 Key Financials
    21.3.4 Business Segment & Geographic Overview
    21.3.5 Key Market Developments
    21.3.6 Key Strategies
    21.4 Botanic Healthcare
    21.4.1 Overview
    21.4.2 Offerings
    21.4.3 Key Financials
    21.4.4 Business Segment & Geographic Overview
    21.4.5 Key Market Developments
    21.4.6 Key Strategies
    21.5 Laxcorn
    21.5.1 Overview
    21.5.2 Offerings
    21.5.3 Key Financials
    21.5.4 Business Segment & Geographic Overview
    21.5.5 Key Market Developments
    21.5.6 Key Strategies
    21.6 Qingdao Fumanxin Foods Co., Ltd
    21.6.1 Overview
    21.6.2 Offerings
    21.6.3 Key Financials
    21.6.4 Business Segment & Geographic Overview
    21.6.5 Key Market Developments
    21.6.6 Key Strategies
    21.7 Sunrise Spices Exporters
    21.7.1 Overview
    21.7.2 Offerings
    21.7.3 Key Financials
    21.7.4 Business Segment & Geographic Overview
    21.7.5 Key Market Developments
    21.7.6 Key Strategies 
    21.8 British Aqua Feeds
    21.8.1 Overview
    21.8.2 Offerings
    21.8.3 Key Financials
    21.8.4 Business Segment & Geographic Overview
    21.8.5 Key Market Developments
    21.8.6 Key Strategies
    21.9 Westmill Foods.
    21.9.1 Overview
    21.9.2 Offerings
    21.9.3 Key Financials
    21.9.4 Business Segment & Geographic Overview
    21.9.5 Key Market Developments
    21.9.6 Key Strategies
    21.10. Santa Maria
    21.10.1 Overview
    21.10.2 Offerings
    21.10.3 Key Financials
    21.10.4 Business Segment & Geographic Overview
    21.10.5 Key Market Developments
    21.10.6 Key Strategies