During the first half of 2023, the oregano oleoresin market experienced fluctuations with prices mostly on the higher side. Increased awareness of its benefits led to higher demand from pharma, food, and flavour industries. However, reduced oregano supplies due to adverse weather conditions and delayed harvesting impacted availability, leading to price increases. Even with trade normalization, high demand continued to put pressure on oregano oleoresin prices.
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Definition
Oregano oleoresin is a concentrated liquid extract derived from oregano plants. It is obtained through a solvent extraction process, preserving the plant’s essential oils and natural compounds. The oleoresin is known for its potent aroma, flavor, and therapeutic properties. It finds applications in the food industry as a natural flavoring agent, in the pharmaceutical sector for its medicinal benefits, and in various other industries for its versatile uses.
Key Details About the Oregano Oleoresin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Oregano Oleoresin in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Oregano Oleoresin Price chart, including India Oregano Oleoresin price, USA Oregano Oleoresin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Oregano Oleoresin Price Trend:
Oregano oleoresin has several key industrial uses across various sectors. In the food industry, it serves as a natural flavoring agent, imparting a strong and distinct oregano taste to products. The pharmaceutical sector utilizes it for its therapeutic properties, including antimicrobial and antioxidant benefits. Additionally, it finds applications in the cosmetic industry for its fragrance and skincare properties. Oregano oleoresin is also used in the manufacturing of perfumes, essential oils, and herbal remedies, making it a versatile ingredient in different industrial processes.
Key Players:
- Synthite Industries Ltd
- Universal Oleoresins
- BOS Natural Flavours (P) Limited
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