Procurement Resource Analyses the Production Cost of Capsicum in its New Report
Analyses Overview of The New Production Cost Report of Capsicum Oleoresin
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Capsicum Oleoresin. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labor wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence Capsicum production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Capsicum oleoresins are concentrated extracts obtained from capsicum that is also utilised as food and beverage additives. Capsicum oleoresin derived from natural sources was considered a possible replacement for synthetic additives. Capsicum oleoresin has analgesic properties and is used as an active component in over-the-counter (OTC) medicines to treat moderate muscular and joint aches and pains.
Factors Impacting the Capsicum Production Cost:
The global market for capsicum oleoresin is being driven by trends such as the rising popularity of ethnic foods from regions such as India, Mexico, Thailand, and others, natural food flavouring, the use of capsicum oleoresin in capsaicin creams, and rising consumer expenditure on food products with natural ingredients. The rising usage of oleoresins in many end sectors is due to a number of factors, including the convenience that capsicum oleoresin provides to customers. Operational flexibility, yearly availability, and shelf life are some of the key aspects that enable market expansion for these adaptable substances.
Procurement Resource Assessment of Capsicum Production:
The production cost report by Procurement Resource assesses the production of Capsicum by the solvent extraction method. A suitable organic solvent, such as ethanol, is used to extract powdered capsaicin by solvent extraction. The solvent residues are completely eliminated during the vacuum distillation process, which extracts the capsicum oleoresin.
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