Paprika is a good source of vitamin C and bioflavonoids (a type of antioxidant that prevents the activity of free radicals and prevents cancer and heart disease). Paprika has three times the daily requirement of vitamin C. Daily consumption of Paprika in the diet can reduce the severity and duration of the common cold. Paprika contains vitamin K, one of the best medicines for bleeding and coagulation. Paprika also stimulates gastric secretions and eliminates indigestion well. Raw Paprika is also used in salads.