市場調查報告書
商品編碼
1448010
萬壽菊油樹脂市場 - 2023-2030Marigold oleoresin market - 2023-2030 |
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概述
2022年,全球萬壽菊油樹脂市場達到6,810萬美元,預計2030年將達到1.251億美元,2023-2030年預測期間CAGR為7.9%。
萬壽菊油樹脂的多功能性使其能夠廣泛應用於食品和飲料以外的行業,包括化妝品、藥品和動物飼料。其抗氧化特性和潛在的健康益處使其成為護膚品、膳食補充劑和寵物食品配方中的寶貴成分,進一步擴大了其市場成長機會。
其天然來源和鮮豔的色彩使其成為尋求以天然替代品取代合成添加劑的製造商的熱門選擇。 Synthite Industries Ltd. 是一家加值香料生產商,提供萬壽菊油樹脂。除了廣泛用作天然色素成分外,葉黃素和萬壽菊萃取物還用於寵物食品領域的魚類和動物飼料以及藥品和營養保健品。
食品級萬壽菊油樹脂由於作為天然著色劑在食品和飲料行業的廣泛應用,佔據了一半以上的市場。同樣,亞太地區在萬壽菊油樹脂市場上佔據主導地位,由於萬壽菊產量不斷成長,為油樹脂提取提供了更高的原料可用性,因此佔據了最大的市場佔有率。
動力學
對天然和清潔標籤成分的需求不斷成長
對天然和清潔標籤成分的需求不斷成長是推動萬壽菊油樹脂市場成長的重要推動力。消費者擴大尋求不含人工添加劑、防腐劑和合成色素的產品,轉而選擇天然來源的成分。萬壽菊油樹脂源自萬壽菊植物,由於其天然成分和鮮豔的色彩特徵,非常符合消費者對清潔標籤產品的偏好。
萬壽菊油樹脂與葉黃素和玉米黃質等有效抗氧化劑的結合使其在健康和保健領域越來越受歡迎。眾所周知,這些抗氧化劑可以支持眼睛健康,並可能有助於降低老年黃斑部病變 (AMD) 的風險,吸引了尋求具有切實健康益處的功能性成分的消費者。
食品和飲料行業對天然著色劑的需求不斷成長
食品和飲料行業對天然著色劑的需求不斷成長是推動萬壽菊油樹脂市場成長的關鍵驅動力。隨著消費者對其食品和飲料產品成分的健康意識日益增強,人們越來越偏好合成色素和添加劑的天然替代品。萬壽菊油樹脂源自萬壽菊花的花瓣,是一種有效的天然著色劑,提供從黃色到橙色的鮮豔色調。
Ozone Naturals 根據客戶需求提供世界一流品質的萬壽菊油樹脂。它可作為加工食品、糖果、飲料、膳食補充劑、乳製品、雞蛋、醬汁、冷凍食品和藥品的天然著色劑。隨著消費者優先考慮具有健康益處的功能性成分,對萬壽菊油樹脂作為天然著色劑的需求正在上升。
氣候依賴性和價格波動
萬壽菊花是在氣候條件適宜的特定地區栽培的。萬壽菊油樹脂生產原料的可用性可能受到季節變化、天氣波動和地理限制等因素的限制。這種對季節性收穫和區域種植的依賴可能會導致供應鏈中斷和萬壽菊油樹脂供應不一致,從而阻礙市場成長。
此外,萬壽菊油樹脂的生產會受到作物產量、市場需求和投入成本等因素影響的價格波動。原料價格的波動,尤其是萬壽菊花的價格,可能會影響油樹脂提取和製造的成本。價格波動可能會對製造商的生產計劃、定價策略和獲利能力帶來挑戰,從而抑制市場成長。
Overview
Global Marigold Oleoresin Market reached US$ 68.1 million in 2022 and is expected to reach US$ 125.1 million by 2030, growing with a CAGR of 7.9% during the forecast period 2023-2030.
The versatility of marigold oleoresin allows its application in a wide range of industries beyond food and beverages, including cosmetics, pharmaceuticals, and animal feed. Its antioxidant properties and potential health benefits make it a valuable ingredient in skincare products, dietary supplements, and pet food formulations, further expanding its market growth opportunities.
Its natural origin and vibrant color make it a popular choice for manufacturers looking to replace synthetic additives with natural alternatives. Synthite Industries Ltd., a producer of value-added spices offers marigold oleoresin. Apart from being widely utilized as a natural coloring ingredient, lutein, and marigold extracts have found use in the pet food sector for fish and animal feed as well as in pharmaceuticals and nutraceuticals.
Food-grade marigold oleoresin accounts for over half of the market share due to its extensive applications in the food and beverage industry as a natural coloring agent. Similarly, Asia-Pacific dominates the marigold oleoresin market, capturing the largest market share due to its growing marigold production which creates a higher availability of raw materials for oleoresin extraction.
Dynamics
Rising Demand for Natural and Clean-Label Ingredients
The rising demand for natural and clean-label ingredients is a significant driver propelling the growth of the Marigold Oleoresin market. Consumers are increasingly seeking products that are free from artificial additives, preservatives, and synthetic colors, opting instead for ingredients sourced from natural origins. Marigold oleoresin, derived from the Tagetes erecta plant, aligns well with this consumer preference for clean-label products due to its natural composition and vibrant color profile.
The association of marigold oleoresin with potent antioxidants like lutein and zeaxanthin has contributed to its growing popularity in the health and wellness sector. These antioxidants are known to support eye health and may help reduce the risk of age-related macular degeneration (AMD), appealing to consumers seeking functional ingredients with tangible health benefits.
Rising Demand for Natural Colorants in the Food and Beverage Industry
The rising demand for natural colorants in the food and beverage industry is a key driver fueling the growth of the marigold oleoresin market. As consumers become increasingly health-conscious about the ingredients in their food and beverage products, there is a growing preference for natural alternatives to synthetic colors and additives. Marigold oleoresin, derived from the petals of marigold flowers, serves as a potent natural colorant, offering vibrant hues ranging from yellow to orange.
Ozone Naturals offers world-class quality marigold oleoresin as per customer demand. This serves as a natural coloring agent for processed foods, sweets, drinks, dietary supplements, dairy, eggs, sauces, frozen foods, and pharmaceutical items. As consumers prioritize functional ingredients with perceived health benefits, the demand for marigold oleoresin as a natural colorant is on the rise.
Climate Dependence and Price Volatility
Marigold flowers are cultivated in specific regions with suitable climatic conditions. The availability of raw materials for marigold oleoresin production may be limited by factors such as seasonal variations, weather fluctuations, and geographic constraints. This dependency on seasonal harvests and regional cultivation could result in supply chain disruptions and inconsistent availability of marigold oleoresin, hindering market growth.
Moreover, the production of marigold oleoresin is subject to price fluctuations influenced by factors such as crop yields, market demand, and input costs. Variability in raw material prices, especially for marigold flowers, can impact the cost of oleoresin extraction and manufacturing. Price volatility may pose challenges for manufacturers in terms of production planning, pricing strategies, and profitability, thereby restraining market growth.
The global marigold oleoresin market is segmented based on product, grade, nature, extraction method, application and region.
Marigold Oleoresin's Extensive Applications in the Food and Beverage Industry as a Natural Coloring Agent
Food-grade marigold oleoresin holds the highest share of the market due to its extensive applications in the food and beverage industry. Marigold oleoresin is valued for its natural coloring properties, primarily imparting vibrant yellow to orange hues to a wide range of food products. As consumer preferences shift towards clean labels and natural ingredients, there has been a growing demand for food-grade marigold oleoresin as a natural alternative to synthetic food colors.
This natural coloring agent is widely used in various food applications, including bakery products, confectionery, dairy, beverages, snacks, sauces, dressings, and ready-to-eat meals. Its versatility and stability make it suitable for both liquid and solid formulations, providing manufacturers with flexibility in product development and formulation. With the rising adoption of natural food colors and the expanding use of marigold oleoresin in food applications, the food-grade segment continues to dominate the market, driving its growth and market share.
Asia-Pacific's Agricultural Dominance
The growing population of Asia-Pacific, especially in countries like India and China, creates substantial demand for food and beverages, cosmetics, and pharmaceuticals, all of which utilize marigold oleoresin as a natural colorant. Furthermore, the growing preference for natural and clean-label ingredients in the food and beverage industry has spurred the demand for marigold oleoresin as a safe and natural alternative to synthetic colorants.
Additionally, Asia-Pacific is a major producer of marigold flowers, particularly in India, where favorable climatic conditions to abundant harvests. According to the Agricultural and Processed Food Products Export Development Authority, APEDA, Government of India, Andhra Pradesh became the fifth-largest marigold producer in India in 2021-2022 after producing close to 300 tonnes of marigold flowers. This abundant supply of raw material ensures a steady availability of marigold oleoresin for domestic consumption and export markets.
The market faced disruptions in the supply chain due to lockdowns, travel restrictions, and labor shortages, leading to delays in harvesting and processing activities. This resulted in a temporary reduction in the availability of marigold oleoresin and disrupted production schedules for industries reliant on this ingredient. Additionally, the economic slowdown caused by the pandemic led to decreased consumer spending on non-essential items, affecting the demand for products containing marigold oleoresin.
However, as the pandemic progressed, there was a growing awareness of the health benefits associated with natural ingredients like marigold oleoresin. Consumers became more conscious of their health and sought products with natural and clean-label ingredients, including natural colorants like marigold oleoresin. This shift in consumer preferences towards natural products acted as a driving force for the market, leading to increased demand for marigold oleoresin in various applications
The Russia- Ukraine war caused disruptions in their agricultural activities, such as planting, harvesting, and processing, which impacted the availability and pricing of agricultural commodities worldwide, including marigolds. The limited availability of raw materials, particularly marigold flowers which are the primary source of marigold oleoresin further hinders its market growth.
The major global players in the market include Ozone Naturals, AVT Natural, Synthite Industries Ltd., Chenguang Biotech Group Co., Ltd, Aturex Group, Qingdao Scitech Biotech Co., Ltd, PJ Margo Private Limited, Bolise Co., Ltd., Xi'an Green Spring Technology Co., Ltd , NaturMed
The global marigold oleoresin market report would provide approximately 78 tables, 73 figures, and 186 Pages.
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