Scope of the Study
Turmeric is a perennial, rhizomatous, herbaceous plant native to Indian subcontinent and Southeast Asia. The turmeric powder is one of the key ingredients in many Asian dishes. It has been used in Ayurvedic medicine for many conditions including breathing problems, rheumatism, serious pain and fatigue. It is also used as a dietary supplement for inflammation, arthritis and other problems. It has various industrial applications such as dye, indicator and others.
The market study is being classified by Type (Madras Turmeric Powder, Alleppey Turmeric Powder, West Indian Turmeric Powder and Others), by Application (Healthcare (digestion, liver, cancer, cholesterol, osteoarthritis and many other health disorders), Cosmetic (skin and body care products) and Food Industry (taste enhancer, ingredients, and coloring purpose)) and major geographies with country level break-up.
Chr. Hansen A/S (Denmark), Sabinsa Corporation (United States), Synthite Industries Ltd. (India), Ungerer & Company, Inc. (United States), Sensient Technologies Corporation (United States), Naturex S.A. (France), Kancor Ingredients Limited. (India), DDW The Colour House (United States), BOS Natural Flavors (P) Limited (India), Roha Dyechem Pvt. Ltd (India), ITC Limited (India), McCormick & Comp (United States), Virdhara International (India), NMP Udhyog (India), NCC Agro Industries (India) and Sudarshan Agro Foods (India) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Turmeric Powder market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Turmeric Powder market by Type, Application and Region.
On the basis of geography, the market of Turmeric Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Nutritional and Health Benefits Of the Turmeric Powder
- High Demand for Numerous Industrial Applications
- Growing Demand from Online Customers
- Increasing Demand for Ayurvedic Treatments
- Fluctuations in the Raw Material Prices
- Growing Demand from the Healthcare Sector
- Increasing Applications in the Skincare Products
- Increasing Awareness among People about Turmeric Benefits
- Changing Weather Conditions May Hamper the Production of Turmeric
Market Leaders and their expansionary development strategies
In April 2020, Chr. Hansen Holding A/S and HSO Health Care GmbH has entered into an agreement, under which Chr. Hansen will acquire HSO Health Care. The acquisition of the Austria-based B2B company specializing in probiotics for womenís health will strengthen and expand Chr. Hansenís global microbial platform.
In March 2019, Naturex launches organic, water-dispersible, and bioavailable turmeric that has instant water dispersability.
Key Target AudienceTurmeric Powder Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase