| Product Code: ETC13069015 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continued to see a high concentration of paprika extract import shipments, with top exporting countries including Greece, Syria, Spain, Germany, and Metropolitan France. The Herfindahl-Hirschman Index (HHI) remained at a high level, indicating a concentrated market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 was strong at 11.87%. This suggests that the demand for paprika extract in Cyprus is still growing steadily, albeit with some fluctuations in recent years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Paprika Extract Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Paprika Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Paprika Extract Market - Industry Life Cycle |
3.4 Cyprus Paprika Extract Market - Porter's Five Forces |
3.5 Cyprus Paprika Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Paprika Extract Market Revenues & Volume Share, By Extraction Method, 2021 & 2031F |
3.7 Cyprus Paprika Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Paprika Extract Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Paprika Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Paprika Extract Market Trends |
6 Cyprus Paprika Extract Market, By Types |
6.1 Cyprus Paprika Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Paprika Extract Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cyprus Paprika Extract Market Revenues & Volume, By Oil-Soluble Paprika Extract, 2021 - 2031F |
6.1.4 Cyprus Paprika Extract Market Revenues & Volume, By Water-Soluble Paprika Extract, 2021 - 2031F |
6.1.5 Cyprus Paprika Extract Market Revenues & Volume, By Powdered Paprika Extract, 2021 - 2031F |
6.1.6 Cyprus Paprika Extract Market Revenues & Volume, By Pharmaceutical-Grade Paprika Extract, 2021 - 2031F |
6.2 Cyprus Paprika Extract Market, By Extraction Method |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Paprika Extract Market Revenues & Volume, By Solvent Extraction, 2021 - 2031F |
6.2.3 Cyprus Paprika Extract Market Revenues & Volume, By Emulsion Process, 2021 - 2031F |
6.2.4 Cyprus Paprika Extract Market Revenues & Volume, By Spray Drying, 2021 - 2031F |
6.2.5 Cyprus Paprika Extract Market Revenues & Volume, By Purified Extraction, 2021 - 2031F |
6.3 Cyprus Paprika Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Paprika Extract Market Revenues & Volume, By Food Coloring, 2021 - 2031F |
6.3.3 Cyprus Paprika Extract Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3.4 Cyprus Paprika Extract Market Revenues & Volume, By Spices & Seasonings, 2021 - 2031F |
6.3.5 Cyprus Paprika Extract Market Revenues & Volume, By Health Supplements, 2021 - 2031F |
6.4 Cyprus Paprika Extract Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Paprika Extract Market Revenues & Volume, By Food & Beverage Industry, 2021 - 2031F |
6.4.3 Cyprus Paprika Extract Market Revenues & Volume, By Soft Drink Manufacturers, 2021 - 2031F |
6.4.4 Cyprus Paprika Extract Market Revenues & Volume, By Culinary Industry, 2021 - 2031F |
6.4.5 Cyprus Paprika Extract Market Revenues & Volume, By Pharmaceutical Industry, 2021 - 2031F |
7 Cyprus Paprika Extract Market Import-Export Trade Statistics |
7.1 Cyprus Paprika Extract Market Export to Major Countries |
7.2 Cyprus Paprika Extract Market Imports from Major Countries |
8 Cyprus Paprika Extract Market Key Performance Indicators |
9 Cyprus Paprika Extract Market - Opportunity Assessment |
9.1 Cyprus Paprika Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Paprika Extract Market Opportunity Assessment, By Extraction Method, 2021 & 2031F |
9.3 Cyprus Paprika Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Paprika Extract Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Paprika Extract Market - Competitive Landscape |
10.1 Cyprus Paprika Extract Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Paprika Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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