Spices are used for flavour, colour, aroma and preservation of food or beverages. Spices may be derived from many parts of the plant: bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles or the entire plant tops. The term â€˜herbâ€™ is used as a subset of spice and refers to plants with aromatic leaves. Spices are often dried and used in a processed but complete state. Another option is to prepare extracts such as essential oils by distilling the raw spice material (wet or dry), or to use solvents to extract oleoresins and other standardized products. Spice oils are basically extracts from the spice seeds or spice plant parts and they are 100 percent pure extracts that retain the full body and flavor profile of the particular spice. Chili is available in throughout India. It is specially available in the U.P, Himachal Pradesh and other states. Chili is one of the abundantly domestically used as well as commercially used spices. Chili can be commercially exploited for extraction of chili oil and oleoresin afterwards it can be ground in Chili powders as used ground chili spices. For extraction of chili oil and oleoresin, there will be use of solvent extraction process or steam distillation process. It is used in the food industry as a flavouring agent, beverages, candy/sugar confectionery, cookies etc. , It can be used in the medicinal purpose , It can be used in the aroma therapy , It can be used in the preparation of derivatives of essential oils and oleoresin , It can be used in Chinese cuisines, It can be used as dip for various dishes. Few Indian Major Players are as under â€¢ A V T Natural Products Ltd. â€¢ Akay Flavours & Aromatics Pvt. Ltd. â€¢ Enjayes Spices & Chemical Oils Ltd. â€¢ K C P Biotech Ltd. â€¢ Kancor Ingredients Ltd. â€¢ Naturite Agro Products Ltd. â€¢ Sijmak Oils Ltd. â€¢ South East Agro Inds. Ltd. â€¢ Synthite Industries Ltd. â€¢ Techno Chemical Inds. Ltd.