No, paprika and bell pepper are not the same thing. Paprika is a spice made from dried peppers, while bell peppers are a type of fresh pepper that is often eaten raw or cooked.
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In summary, when used in accordance with regulatory guidelines and recommended usage levels, capsicum oleoresin is considered safe for consumption in food products. However, individuals with known allergies or sensitivities should exercise caution, and it's important to ensure the purity and quality of the product. As with any food ingredient, moderation and informed use are key to ensuring its safe consumption.