Paprika Market Size, Share, Trend, Forecast & Industry Analysis 2029

Paprika is a spice made from grounding up different varieties of Capsicum annuum peppers – these can include sweet bell peppers, hot red and/or peppers, and other varieties in between. It’s the fourth most-used spice around the world. Paprika have excellent anti-inflammatory, anti-aging, antioxidant properties, and anti-depression. Paprika can also be useful in the treatment of cancer, while oleoresin can be used in nausea, dysentery, and arthritis treatments. Major applications include food & beverages, flavours, pharmaceuticals, and others.