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Informative Report On (COVID-19 Updates) Turmeric Market | SHS Group, Everest Spices, DS Group, McCormick & Company, Inc., Barrington Chemical Corporation, Nani Agro Foods

05-13-2020 05:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Turmeric Market

Turmeric Market

AMR team is working exclusively on COVID-19 impact on various Turmeric Market. The COVID-19 update is in progress and our research team is doing primary research activity to find out the revised growth curve of across all the industries at country level. Conducting an exclusive study keeping COVID-19 in mind would help client to interpret the economic impact in near-terms of and long term future. AMR research team is also tracking the changing dynamics of Turmeric industry along with its immediate impact on the market.

Get Detailed Analysis of COVID-19 Impact on Turmeric Market: https://www.alliedmarketresearch.com/purchase-enquiry/5532

Turmeric, also known as Curcuma longa, is a type of spice that is widely cultivated in southern Asia. Turmeric powder is a major ingredient in curry powders and pastes. Turmeric is majorly used in cooking to add color and flavor to seafood, pickles, rice dishes, and others. In addition, it is widely used to make medicines, cosmetic products, and colorants for food products & textiles. Often, turmeric is used as a substitute for saffron, as it is less expensive and provides similar yellow color. Moreover, turmeric is used in home remedies for curing cough, cold, and stomach issues. Furthermore, it aids to prevent cardiac diseases, delay aging, improve brain functioning, fight inflammation, and boost antioxidant ability of the body. Currently, India is the major producer, user, and exporter of turmeric.

Wide applications of turmeric such as in home remedies, cosmetic products, food products have driven the market of the global turmeric market. Moreover, increase in popularity of ethnic food fuels the market growth. However, curcumin, naturally present in turmeric that gives the yellow color, is unstable and degrades with exposure to light. Thus, to maintain the color of turmeric, it is replaced by synthetic dyes such as mentail yellow, sunset yellow, Sudan dye, which are stable.

However, According to the European Food Standards Agency, these synthetic dyes are considered as harmful food additives, and are thus banned for use, which is anticipated to restrain the market for turmeric in the near future. Conversely, shift in preference of consumers toward cosmetic products containing natural ingredients such as turmeric is expected to boost the market growth. In addition, the UV protecting packaging of turmeric to prevent the deterioration of its color fuels the market growth. Moreover, increase in trend of healthy living and use of turmeric in herbal food supplements are projected to offer lucrative opportunities for market expansion during the forecast period.

The global turmeric market is segmented based on type, end user, distribution channel, and region. By type, the market is bifurcated into raw and dried. Depending on end user, it is segregated into households, food & beverages industry, food service industry, cosmetics industry, and others. On the basis of distribution channel, it is classified into direct/B2B and indirect /B2C channel. The indirect/B2C channel is sub segmented into supermarkets/hypermarkets, convenience stores, retail stores, e-commerce, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/5532

Major Players: SHS Group, Everest Spices, DS Group, McCormick & Company, Inc., Barrington Chemical Corporation, Nani Agro Foods, MTR Foods Pvt. Ltd., MDH Spices, Olam International, and Bart Ingredients Co. Ltd.

Key Benefits

o The report provides a qualitative and quantitative analysis of the current Instant Coffee market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market report also provides an understanding of the current position of the market players active in the Instant Coffee industry.

Highlights of the Report

o Competitive landscape of the Instant Coffee Market.
o Revenue generated by each segment of the Instant Coffee market by 2027.
o Factors expected to drive and create new opportunities in the Instant Coffee industry.
o Strategies to gain sustainable growth of the market.
o Region that would create lucrative business opportunities during the forecast period.
o Top impacting factors of the Instant Coffee market.

Obtain Report Details: https://www.alliedmarketresearch.com/turmeric-market

Contact:

David Correa
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About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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