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Turmeric Formulas Market Emerging Trend, Top Companies, Industry Demand, Business Review and Regional Analysis by 2031

08-19-2024 03:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Turmeric Formulas Market

Turmeric Formulas Market

The global turmeric formulas market is expected to grow at a significant CAGR during the forecast period (2024-2031). The key factor propelling the growth of the global turmeric formulas market includes growing customer inclination towards herbal-based products and rising awareness about benefits of ayurvedic products among population.

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Turmeric formula consists of coarsely powdered turmeric (with not less than 90% of curcuminoids) and Trikatu. Trikatu is the pipperine that is present in black pepper and long pepper and intended for the improved absorption of curcuminoids in the body. Turmeric formulas are intended to support essential blood and liver functions, healthy inflammation response, have antiviral properties, overall wellbeing radiant skin, and improves digestion. The active component of turmeric is curcumin which is a diferulolylmethane molecule. The molecule is also intended for the supportive care of clinical conditions such as proteinuria, breast cancer, non-small cell lung cancer (NSCLC), and multiple myeloma. Owing to these applications of curcumin, the demand for turmeric formulas is rising.

The key players contributing to the growth of the global turmeric formulas market by adopting various strategies such as product launches and developments, mergers and acquisition, partnerships, and agreements, include 21st Century, Natural Factors, Gaia Herbs, California Gold Nutrition, MegaFood, Organic India, Planetary Herbals, Now Foods, Youtheory, Solaray, among others. For instance, in May 2021, Gaia herbs launched its FDA approved and Non-GMO verified turmeric formulas- Turmeric Supreme Adult Daily and Turmeric Supreme Extra Strength , for entire-body health and healthy-lifestyle.

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Market Coverage

Segment Covered-
o By Type

o By Application

Regions covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- 21st Century, Natural Factors, Gaia Herbs, California Gold Nutrition, MegaFood, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Turmeric Formulas Market- Segmentation

By Type

Solids
Capsules
Veggie Capsules
Tablets

By Application

Digestive issues
Menstrual problems
Arthritis
Infections
Jaundice
Coughs
Rheumatic pains


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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/turmeric-formulas-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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