Product Code: ETC097064 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Oleoresins Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 4.20% in 2025, the growth rate steadily ascends to 12.10% in 2029.
The Oleoresins market in Thailand is projected to grow at a growing growth rate of 5.05% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The oleoresins market size of Thailand was estimated around USD 32 Million back in 2025 and it is anticipated that it will grow significantly with CAGR 9.7% over forecast period due to increasing consumer preference towards convenience food items such as curries pastes and readymade spices mixtures available on retail shelves or online platforms which include oleoresin extracts produced from natural botanical sources like chili peppers or ginger roots. Furthermore, changing lifestyle patterns coupled with rising disposable income among Thai citizens have also shifted their preferences towards processed food products which require essential ingredients like oleoresins extracted from herbs & spices thus providing impetus for regional expansion during assessed timeframe.
The Thailand oleoresins market is driven by the food and beverage industry`s demand for natural flavors and colors. Oleoresins are concentrated extracts obtained from spices and herbs, and they are valued for their flavoring and coloring properties. As consumers seek clean label products and natural alternatives, the use of oleoresins in food and beverage formulations grows, driving market growth.
In the Thailand oleoresins market, a challenge is maintaining consistent quality and flavor profiles across batches. Oleoresins are concentrated extracts used in food flavoring and fragrances. Ensuring that oleoresins meet flavor and aroma expectations while considering variations in natural ingredients poses challenges for manufacturers striving for product consistency.
The COVID-19 pandemic had a mixed impact on the Thailand oleoresins market. While the demand for food flavorings and natural ingredients used in culinary applications remained relatively stable, reduced consumer spending affected certain segments. The market for oleoresins faced challenges related to disruptions in supply chains and shifts in consumer preferences. However, the market demonstrated resilience, driven by the essential role of flavoring agents in the food industry.
In the Thailand oleoresins market, notable participants include OleoresinTech Industries, ThaiOleoresins Ltd., and FlavorBlend Innovations. These companies focus on producing oleoresins used in food flavoring, culinary applications, and fragrance. Their dedication to botanical extraction and flavor enhancement establishes them as key contributors to the food and fragrance industries.
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 Thailand Oleoresins Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Oleoresins Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Oleoresins Market - Industry Life Cycle |
3.4 Thailand Oleoresins Market - Porter's Five Forces |
3.5 Thailand Oleoresins Market Revenues & Volume Share, By Extraction process, 2021 & 2031F |
3.6 Thailand Oleoresins Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Thailand Oleoresins Market Revenues & Volume Share, By Sources, 2021 & 2031F |
4 Thailand Oleoresins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Oleoresins Market Trends |
6 Thailand Oleoresins Market, By Types |
6.1 Thailand Oleoresins Market, By Extraction process |
6.1.1 Overview and Analysis |
6.1.2 Thailand Oleoresins Market Revenues & Volume, By Extraction process, 2021-2031F |
6.1.3 Thailand Oleoresins Market Revenues & Volume, By Solvent extraction, 2021-2031F |
6.1.4 Thailand Oleoresins Market Revenues & Volume, By Supercritical fluid extraction, 2021-2031F |
6.2 Thailand Oleoresins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Oleoresins Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.2.3 Thailand Oleoresins Market Revenues & Volume, By Pharmaceuticals & nutraceuticals, 2021-2031F |
6.2.4 Thailand Oleoresins Market Revenues & Volume, By Personal care products, 2021-2031F |
6.2.5 Thailand Oleoresins Market Revenues & Volume, By Feed, 2021-2031F |
6.3 Thailand Oleoresins Market, By Sources |
6.3.1 Overview and Analysis |
6.3.2 Thailand Oleoresins Market Revenues & Volume, By Paprika, 2021-2031F |
6.3.3 Thailand Oleoresins Market Revenues & Volume, By Capsicum, 2021-2031F |
6.3.4 Thailand Oleoresins Market Revenues & Volume, By Seed spices, 2021-2031F |
6.3.5 Thailand Oleoresins Market Revenues & Volume, By Turmeric, 2021-2031F |
6.3.6 Thailand Oleoresins Market Revenues & Volume, By Ginger, 2021-2031F |
6.3.7 Thailand Oleoresins Market Revenues & Volume, By Cinnamon & cassia, 2021-2031F |
6.3.8 Thailand Oleoresins Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Thailand Oleoresins Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Oleoresins Market Import-Export Trade Statistics |
7.1 Thailand Oleoresins Market Export to Major Countries |
7.2 Thailand Oleoresins Market Imports from Major Countries |
8 Thailand Oleoresins Market Key Performance Indicators |
9 Thailand Oleoresins Market - Opportunity Assessment |
9.1 Thailand Oleoresins Market Opportunity Assessment, By Extraction process, 2021 & 2031F |
9.2 Thailand Oleoresins Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Thailand Oleoresins Market Opportunity Assessment, By Sources, 2021 & 2031F |
10 Thailand Oleoresins Market - Competitive Landscape |
10.1 Thailand Oleoresins Market Revenue Share, By Companies, 2024 |
10.2 Thailand Oleoresins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |