Aside from making a great replacement for the smoked type, ancho chili powder also makes for a great sweet paprika substitute because of its sweet flavor that is similar to the taste of raisins.
Overall, paprika is a versatile spice that can be used in many dishes to add color and flavor. The different types of paprika offer a range of taste profiles, from sweet and fruity to smoky and spicy.
For example, lower concentrations of oleoresin Capsicum may be used to provide a mild to moderate level of spiciness in food products, such as salsas, hot sauces, and snacks. These formulations can offer a pleasant heat without being overwhelmingly spicy.