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.

Yes, it will change the overall texture and appearance of your final dish or sauce. But, when it comes to heat and flavor profile, red pepper flakes are the closest to Hungarian or spicy paprika.

However, they are very different spices, with a very different flavor profile, taste and usage. Let us see how they are different and how they are similar.

Sweet paprika is made from mild peppers and has a sweet and fruity flavor. It is often used in Mediterranean and Eastern European cuisine, where it is used to flavor stews, soups, and meat dishes. Sweet paprika is also used as a garnish on deviled eggs, potato salads, and other dishes.

Hot chili sauce is a staple in many cuisines, particularly in Asian and Mexican cooking. In Asian cuisine, it is often used in stir-fries, noodle dishes, and as a dipping sauce for dumplings. In Mexican cuisine, it is used in salsas, marinades, and as a condiment for tacos and burritos. Its versatility makes it a must-have pantry item for home cooks and chefs alike.

Mesurement-wise, you won't need to make any adjustments because one teaspoon of paprika is equivalent to one teaspoon of pasilla pepper powder.

This paprika is delicious when added to cheeses, chicken, duck, egg dishes, hors d'ouvres, rice, salads, smoked foods, vegetables, and cottage cheese. It’s also terrific in salad dressings, where it not only adds color but also acts as an emulsifier. 

However, unlike sriracha which is very dependent on chilis for its taste, the hot sauce with its many ingredients is very tangy. It’s because its other main ingredient is vinegar. If you taste hot sauce, you get a burst of heat together with the tangy vinegar. Vinegar serves two purposes: makes the hot sauces delicious with its flavorful play with the heat and it also helps preserve the chili, too. This is one reason why most commercially made hot sauces can be stored at room temperature. 

Although sriracha currently has no parallel in the culinary world, it’s spicy cousin sambal oelek is slowly giving it a run for its money. These two chili-based sauces have a lot in common, from chili, salt, vinegar and water, so much is the same. The difference comes down to the garlic and sugar used in sriracha sauce and of course in the cooking methodology.