[PDF] Turmeric Market research scope: In-depth Growth Analysis, Development, share and Revenues by 2030

According to a market research report by Mordor Intelligence, the turmeric market was valued at US$ 191.94 million by 2030 and is projected to grow at a compound annual growth rate CAGR of 11.5%. from 2020 to 2030. The growth is attributed to factors such as increasing awareness of the health benefits of turmeric, rising demand for turmeric-based dietary supplements, and growing use of turmeric in cosmetic and personal care products.
The COVID-19 pandemic has also had an impact on the turmeric market, with disruptions in supply chains and logistics affecting production and distribution. However, the demand for turmeric has remained strong, driven by its perceived immune-boosting properties.

The turmeric market is expected to continue growing in the coming years, driven by increasing demand from the food, dietary supplements, and personal care industries.

Get a full report: https://www.prophecymarketinsights.com/market_insight/Global-Turmeric-Market-By-Type-838

List of Top Key Players in Turmeric Market Report:
• Mountain Rose
• Naturex S.A.
• Feel Good Foods Inc.
• Organic Farm Share Ltd.
• Gaia, Inc.
• Windcrest Farm
• Organic Spices Inc.
• Arya, Wild Harvest Ltd

Market Segmentation:
The turmeric market can be segmented based on various factors such as product type, application, distribution channel, and geography.

Based on Product Type:

Turmeric is available in various forms such as raw turmeric, turmeric powder, turmeric oil, and turmeric extracts. Each product type has its specific application in the food, pharmaceutical, and cosmetic industries.

Based on Application:

Turmeric is used in various industries such as food, pharmaceutical, cosmetics, and others. In the food industry, turmeric is used as a spice and a natural food coloring agent. In the pharmaceutical industry, turmeric is used in the production of dietary supplements, herbal medicines, and ayurvedic products. In the cosmetics industry, turmeric is used in skincare products due to its anti-inflammatory and antioxidant properties.

Based on Distribution Channel:

The turmeric market can be segmented based on the distribution channel such as supermarkets/hypermarkets, specialty stores, online stores, and others. Supermarkets/hypermarkets are the most preferred distribution channels for turmeric due to the availability of a wide range of turmeric-based products. Online stores are also gaining popularity due to the convenience and ease of access.

Based on Geography:

The turmeric market can be segmented based on geography, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. India is the largest producer and exporter of turmeric, while the United States, Europe, and Japan are the largest importers of turmeric. The Asia Pacific region is expected to witness significant growth in the turmeric market due to the increasing demand for natural and healthy food products.

Download sample copy of Report: https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/838

• FORMAT: (PDF)
• NO OF PAGES: 178
• BASE YEAR: 2022

Questions answered by Turmeric Market research report:

• What is the Turmeric market size?
• What are the factors driving the growth of the Turmeric market?
• What are the different forms of Turmeric available in the market?
• What are the challenges facing the Turmeric market?

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This release was published on openPR.