Marigold Oleoresin Market Size, Share, Opportunities, And Trends By Application (Foods And Beverages, Pharmaceuticals, Cosmetics, Others), By Production (Organic, Conventional), By End-User (Individuals, Industry), And By Geography - Forecasts From 2024 To 2029

Marigold oleoresin is a natural extract derived from marigold flowers, scientifically known as Tagetes erecta. This oleoresin is rich in carotenoids, particularly lutein and zeaxanthin, which are valuable antioxidants known for their vision-boosting properties. Marigold oleoresin is widely used in the food, pharmaceutical, and cosmetic industries for its vibrant color and health-promoting attributes. In the food industry, it serves as a natural coloring agent, imparting a golden hue to various products. In pharmaceuticals, the antioxidant properties of lutein and zeaxanthin make marigold oleoresin a sought-after ingredient for eye health supplements. Additionally, it finds application in cosmetics for its potential skincare benefits.

The Marigold Oleoresin Market is categorized by production methods into organic and conventional segments. Additionally, it is segmented by end-users, distinguishing between individuals and industry. This comprehensive classification captures the diverse applications and preferences within the market, reflecting the versatility of marigold oleoresin across various sectors.

Market Drivers

• Growing awareness of the positive health impact

Marigold oleoresin is a concentrated extract derived from marigold flowers, renowned for its potential health benefits. This oleoresin is rich in lutein and zeaxanthin, essential carotenoids that play a crucial role in supporting eye health by preventing age-related macular degeneration and cataracts. Brands like Maximum Strength offer lutein-zeaxanthin capsules. These 120 vegan capsules pack 40mg lutein and 2mg zeaxanthin, naturally defending eyes against age-related macular degeneration and cataracts. Additionally, HealthyHey lutein with zeaxanthin, containing 60 vegetable capsules, supports eye health  with compounds naturally found in healthy eyes.

On September 2023, OmniActive launched a program for Children’s Eye and Brain Health with its “Lutein for Every Age” Initiative. It delivers the importance of lutein and zeaxanthin in eyecare and brain health for kids’ study and provides educational resources from health advisors. All these suggest the importance of marigold oleoresin for the eyecare and awareness growing around it.

• Versatile usage of marigold oleoresin

Marigold oleoresin's remarkable versatility finds utility across diverse sectors, including the food and beverage, cosmetics, and pharmaceutical industries. In the realm of cosmetics, products like Avimee herbal sunehri pure marigold water leverage the benefits derived from marigold flowers. Used for its anti-inflammatory and antibacterial properties, this product proves effective in alleviating various skin conditions, including acne, dermatitis, and minor wounds.

Another noteworthy example is ACTIZEET marigold essential oil for clear skin and healthy hair. The natural marigold extract is harnessed to produce lutein, zeaxanthin, lutein ester powder, oil, microencapsulated powder, and other products with varying specifications. The utilization of marigold extract in these cosmetic formulations underscores its importance as a sought-after ingredient, driven by its diverse applications and positive impact on skin health and overall well-being.

Market Restraints

• Restricted production

Marigold flowers necessitate particular climatic conditions for cultivation, restricting the regions suitable for their growth. This limitation may lead to supply constraints and elevated expenses for stakeholders in the market. The scarcity of raw materials poses a significant challenge for the marigold oleoresin market.

Europe is anticipated to hold a significant share of the marigold oleoresins market-

Europe will hold a notable position in the marigold oleoresins market. The region's focus on the utilization of marigold oleoresins and raw materials is motivated by the increased link to the extraction process. Several factors contribute to Europe's robust position in the market, such as the rising awareness of the health advantages of lutein and zeaxanthin, along with regulatory frameworks in Europe governing food additives.

Market Developments-

• July 2023-  OmniActive Health Technologies unveiled its cutting-edge manufacturing plant in Hosur, India. This substantial investment complements recent upgrades to OmniActive's lutein plant in Hosur and two additional facilities in Pune. The integration of these facilities into a fully vertically integrated supply chain reinforces OmniActive's dedication to excellence in meeting global demands for premium ingredients.

Company Products

• Margo Marigold Oleoresin- Marigold Oleoresin, categorized as feed-grade, is characterized by a minimum Xanthophyll content of 125gm/kg. The inclusion of antioxidants is determined in agreement with the buyer, while the product remains free from diluents or additives. Ensuring microbiological purity, the oleoresin is devoid of micro-organisms and their toxic metabolites. Packaging is done in 200 kg epoxy-coated mild steel drums.
• NaturMed Scientific Marigold Oleoresin-  NaturMed Scientific offers a potent and versatile Marigold Oleoresin. This extract consists of lutein (5% to 25%) and zeaxanthin (5%), renowned carotenoids revered for their health-promoting properties. One can get a quote from the company.
• Ozone Naturals Marigold Oleoresin- Ozone Naturals employs an environmentally friendly extraction method, known as SCFE, and possesses an extensive storage facility to efficiently manage substantial stock and fulfill urgent, large-scale customer requirements.

Market Segmentation

• By Application
  • Foods and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Others
• By Production
  • Organic
  • Conventional
• By End-User
  • Individuals
  • Industry
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others