The global Turmeric market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Turmeric or Curcuma longa is a rhizomatous herbaceous perennial plant that belongs to the ginger family, Zingiberaceae. Turmeric as a crop is native to Asia, and it requires temperatures between 68?F and 86?F and a considerable amount of annual rainfall to thrive. The root of the turmeric plant, also known as rhizome, is valued for its medicinal and culinary properties.
Turmeric Market aims to provide a comprehensive presentation of the global market for Turmeric, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turmeric. Turmeric Market contains market size and forecasts of Turmeric in global, including the following market information:
- Global Turmeric Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Turmeric Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Turmeric companies in 2022 (%)
Although the relative market share of organic curcuma longa is small in Europe, demand for certified organic food supplements still continues to grow. Certification for organic spices including curcuma longa powder is essential pre-requisite for marketing the product as organic especially in international markets. Organic certification is preferred by food supplements than for herbal medicine as the later cannot be labelled as organic. Food supplements usually comprises a nominal amount of Curcuma longa extracts and a much higher one of fillers, which do not require any organic certification.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Turmeric manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Turmeric Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Turmeric Market Segment Percentages, by Type, 2022 (%)
- Unpolished Finger
- Polished Finger
- Double Polished Finger
- Slice Turmeric
- Powder
- Others
Global Turmeric Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Turmeric Market Segment Percentages, by Application, 2022 (%)
- Food and Beverages
- Pharmaceuticals
- Others
Global Turmeric Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Turmeric Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Turmeric revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Turmeric revenues share in global market, 2022 (%)
- Key companies Turmeric sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Turmeric sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Earth Expo Company
- ITC Spices
- Nani Agro Foods
- Shah Ratanshi Khimji
Outline of Major Chapters:
Chapter 1: Introduces the definition of Turmeric, market overview.
Chapter 2: Global Turmeric market size in revenue and volume.
Chapter 3: Detailed analysis of Turmeric manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Turmeric in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Turmeric capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Industry Market Size
