Technological Innovations Impacting the Capsicum Oleoresin Market The global capsicum oleoresin market, valued at USD 31.1 million in 2022, is set to expand at a compound annual growth rate (CAGR) of 7.9%, reaching USD 66.7 million by 2032. This market growth is driven by increasing demand for natural food flavorings, the popularity of ethnic cuisines, and the versatile applications of capsicum oleoresin across various industries.
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