Global Turmeric Market Projected To Advance At A CAGR Of Around 7.2% During 2020–2026

31-Aug-2020 | Zion Market Research

As per Zion Market Research, the global turmeric market is expected to grow at a CAGR of about 7.2% during the forecasted period 2020–2026. Turmeric powder is prepared by grinding of dry and mature turmeric rhizomes. It is a type of spice that has zero cholesterol and no calories. It is rich in iron, potassium, dietary fiber, vitamin B6, and magnesium. The powder is also utilized as a coloring agent in the South Asian culinary. The turmeric plant leaves also have a distinct flavor and therefore are used in wrapping and cooking food. There are numerous benefits of turmeric owing to its phytochemistry. The compounds present in turmeric are called curcuminoids, which are demethoxycurcumin, curcumin, and bisdemethoxycurcumin. Turmeric also has volatile oils such as atlantone, turmerone, and zingiberene. Other ingredients of turmeric are resins, sugars, and proteins.

Some of the key players in the market are Naturex S.A., Mountain Rose Herbs, Kauai Organic Farms, Feel Good Organics, NHR Organic Oils, Windcrest Farm, Oregon's Wild Harvest, Spicely Organics, Organic Wise, Aryan International, Jacarandas International, and Turmeric Australia.

Raising Awareness About Health Benefits Of Turmeric To Boost The Global Organic Turmeric Market

A number of health benefits of turmeric are mainly responsible for propelling a splendid growth in the global organic turmeric market. The increasing awareness concerning the benefits of consuming organic foods also is a major aspect that is contributing to the market growth at a decent rate. This awareness exists as a result of the cultivation of turmeric plants without the utilization of insecticides, pesticides, and other harmful chemicals. Furthermore, with increasing consciousness about maintaining health with controlled diets is also impelling the demand for turmeric. Organic turmeric is widely used in cosmetics, healthcare, personal products, and other segments.

The global turmeric market is bifurcated on the basis of type, application, distribution channel, and regional analysis. Based on the type, the market is divided into raw and processed. Based on the application, the market is divided into health & personal care products, industrial, household, and commercial. Based on the distribution channel, the market is divided into direct sales and indirect sales.

The Asia Pacific Region Expected To Dominate The Global Turmeric Market

Based on the geographical analysis, the global turmeric market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The Asia Pacific region dominated the market largely owing to enormous turmeric production in the major economies like India and China. India is a chief producer of turmeric products; therefore the country is boosting the market growth across the region. In 2016, India contributed 78% of the worldwide turmeric production, and this number is likely to increase in the coming years. With an increase in the demand for turmeric from western countries, a surge in turmeric exports from the Asian regions is anticipated to occur, hence boosting the market growth.

Browse the full “Turmeric Market - By Type (Raw and Processed), By Application (Health & Personal Care Products, Industrial, Household, and Commercial), By Distribution Channel (Direct Sales and Indirect Sales), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/turmeric-market

The global turmeric market is segmented as follows:

By type:

  • Raw
  • Processed

By application:

  • Household
  • Industrial
  • Commercial
  • Health & Personal Care Products

By distribution channel:

  • Direct Sales
  • Indirect Sales

By region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed