The Turmeric is a spice that is resulting from the plant of turmeric and also known as curcumin. Turmeric’s taste is strong, deep, and harsh. It is one of the important elements utilized in cooking dishes. Call for turmeric is very much high in the international market owing to its usages in diverse determinations like foodstuff, medication, beautifying, coloring, and similarly for staining purpose. It has great nutritious price owing to which it surges the nutritious factor of foodstuff and likewise proves to be helpful for fitness as of its constituent curcumin. Internationally, the call of turmeric in foodstuff business is too better due to its exceptional aroma necessary to improve the color and flavor of plates.
The important driver of the turmeric market that is impelling its call at international level is its use for a variety of purposes, like it is used for constituents, coloring, medicines, and for several additional determinations; whereas on the other side, although the turmeric has greater call in foodstuff manufacturing as per the existing inclination, market for turmeric is similarly gaining its call from the beautifying segment. Today consumers largely choose foodstuffs which contain natural constituents. As far as medical purpose is concerned, it is utilized as an inflammatory means to fight with numerous sicknesses and beautifying businesses are utilizing turmeric as herbal item in their products.
The turmeric market is subdivided on the base of its procedure and use. On the basis of procedure, turmeric market is classified into three diverse methods including dehydrated, dust, and liquefied formula. On the basis of use, it is sub divided as foodstuff and drinks, pharmaceuticals, and makeup’s. The division of Turmeric Market in view to foodstuff and drink type, it is divided as per its procedure in cooking dishes, bakery products, dairy products, and drinks.
Additionally, with reference to the section of the healthcare, turmeric is used to battle with fitness problems linked to ingestion, liver, cancer, cholesterol, osteoarthritis, and many other fitness complaints. Additional use is as a natural ingredient in skin and body care produces. Furthermore, the market for food type can be subdivided in terms of consuming the turmeric for diverse usages like a constituent, flavor enhancer and tinting purpose, and with regards to drinks, it is utilized in tea, juices, and preserved drinks.
Additionally, numerous medicinal businesses are concentrating their attention to turmeric as in what way it can be utilized as one of the operative corrective product in fitness care segment. Furthermore, regarding the nutritious constituents of turmeric, it is rich in protein, carbohydrates, fiber, and in numerous other vitamins and minerals. Due to this, it explains that its call will likewise surge amongst fitness freak customers those who prefer healthy foodstuff and pursue for invention that has naturally rich on the base of ingredients.
As per the area, turmeric market can be divided into seven diverse areas. It includes North America, Latin America, Eastern Europe, Western Europe, and Asia Pacific area, Japan, Middle East and Africa. The region of Asia Pacific is one of the principal turmeric manufacturers in the ecosphere and bulk of the production is from India and China. On the other side, America and Europe are the two chief importers of turmeric. The main companies in the business of the Turmeric are from the area of Asia Pacific. Those companies are Everest Spices, Natural-Spices, ITC Spices, Shah. Ratanshi Khimji and Co., Nani Agro Foods, Earth Expo Company, Curcuminea, MDH Spices, Taj Agro Products, Sino-Nature.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Turmeric in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Turmeric market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Kraft Heinz
• The Hain Celestial Group
• General Mills
• Dr. Schar
• ITC Spices
• Everest Spices
• Dhameja Home Industries
• Gandhi Spices
• Green Earth Products
• Grover Sons
• Nani Agro Foods
• AK Biotech
• Sapthsathi Organic Agriculture Project
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Food Grade
• Pharmaceutical Grade
• Cosmetic Grade
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Food Use
• Medicinal Use
• Cosmetic Use
• Dietary Supplements
Research Support Specialist, USA