Product Code: VMR11213662
Global Turmeric Market size is anticipated to grow from USD 6.03 Billion in 2024 to USD 10.04 Billion by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 5.83% during the forecast period of 2026 to 2033.
The turmeric market is poised for substantial growth, driven by the increasing recognition of turmeric's health benefits and its incorporation into various culinary applications. As consumers become more health-conscious, the demand for natural and functional ingredients is surging, positioning turmeric as a favored choice due to its anti-inflammatory and antioxidant properties. The rise of holistic health trends and the popularity of superfoods are propelling turmeric into the spotlight, leading to its widespread use in dietary supplements, beverages, and food products. This growing awareness of turmeric's potential health benefits is expected to significantly boost its market presence.
Moreover, the expansion of the turmeric market is being fueled by innovations in product formulations and applications. Manufacturers are exploring new ways to incorporate turmeric into everyday products, from health supplements to beauty and personal care items. The versatility of turmeric allows it to be utilized in various forms, including powders, extracts, and capsules, catering to diverse consumer preferences. Additionally, the increasing popularity of turmeric-based beverages, such as golden milk and turmeric-infused teas, is further driving market growth. As consumers seek convenient and accessible ways to incorporate health-boosting ingredients into their diets, the turmeric market is set to flourish.
Looking ahead, the turmeric market is expected to benefit from the growing trend of clean-label products and the demand for transparency in ingredient sourcing. As consumers become more discerning about the origins and quality of their food, the emphasis on sustainably sourced and organic turmeric will likely gain traction. Furthermore, the ongoing research into turmeric's health benefits and potential applications in various industries will continue to drive innovation and expansion. With the increasing focus on health and wellness, the turmeric market is well-positioned for sustained growth, offering opportunities for businesses to capitalize on this burgeoning trend.
Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:
Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.
Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.
Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.
Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.
Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.
Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.
Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.
SEGMENTATION COVERED IN THE REPORT
By Product Type
By Form
By Application
- Cosmetics
- Pharmaceutical
- Food & Beverage
- Others
By Distribution Channel
- Supermarkets
- Hypermarkets
- Ecommerce websites
- COMPANIES PROFILED
- Earth Expo Company
- ITC Spices
- Nani Agro Foods
- MDH Spices
- Shah Ratansi Khimji
- Barrington Chemical Corporation
- SHS Group
- DS Group
- Everest Spices
- MTR Foods Pvt. Ltd
- Olam International
- Mccormick & Company Inc. and Bart Ingredients Co Ltd.
- The above list can be customized.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. TURMERIC INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Form
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Distribution Channel
- 3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL TURMERIC MARKET ANALYSIS BY PRODUCT TYPE
- 5.1. Overview By Product Type
- 5.2. Historical and Forecast Data Analysis By Product Type
- 5.3. Raw Historic and Forecast Sales By Regions
- 5.4. Processed Historic and Forecast Sales By Regions
6. GLOBAL TURMERIC MARKET ANALYSIS BY FORM
- 6.1. Overview By Form
- 6.2. Historical and Forecast Data Analysis By Form
- 6.3. Whole Historic and Forecast Sales By Regions
- 6.4. Powder Historic and Forecast Sales By Regions
7. GLOBAL TURMERIC MARKET ANALYSIS BY APPLICATION
- 7.1. Overview By Application
- 7.2. Historical and Forecast Data Analysis By Application
- 7.3. Cosmetics Historic and Forecast Sales By Regions
- 7.4. Pharmaceutical Historic and Forecast Sales By Regions
- 7.5. Food & Beverage Historic and Forecast Sales By Regions
- 7.6. Others Historic and Forecast Sales By Regions
8. GLOBAL TURMERIC MARKET ANALYSIS BY DISTRIBUTION CHANNEL
- 8.1. Overview By Distribution Channel
- 8.2. Historical and Forecast Data Analysis By Distribution Channel
- 8.3. Supermarkets Historic and Forecast Sales By Regions
- 8.4. Hypermarkets Historic and Forecast Sales By Regions
- 8.5. Ecommerce websites Historic and Forecast Sales By Regions
9. GLOBAL TURMERIC MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis
10. COMPETITIVE LANDSCAPE OF THE TURMERIC COMPANIES
- 10.1. Turmeric Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11. COMPANY PROFILES OF TURMERIC INDUSTRY
- 11.1. Top Companies Market Share Analysis
- 11.2. Market Concentration Rate
- 11.3. Earth Expo Company
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
- 11.4. ITC Spices
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
- 11.5. Nani Agro Foods
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
- 11.6. MDH Spices
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
- 11.7. Shah Ratansi Khimji
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
- 11.8. Barrington Chemical Corporation
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
- 11.9. SHS Group
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
- 11.10. DS Group
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
- 11.11. Everest Spices
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
- 11.12. MTR Foods Pvt. Ltd
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
- 11.13. Olam International
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
- 11.14. Mccormick & Company Inc. And Bart Ingredients Co Ltd
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies