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Turmeric Milk Mix Market Booms with Rising Demand for Health and Wellness Beverages

12-10-2024 08:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd .

/ PR Agency: Data Bridge Market Research Private Ltd .
Turmeric Milk Mix Market Booms with Rising Demand for Health and Wellness Beverages

Turmeric Milk Mix Market Booms with Rising Demand for Health and Wellness Beverages

"Global Turmeric Milk Mix Market Segmentation, By Nature (Organic, Conventional), Packaging (Single-serve Packets, Jars/Bottles, Cans, Pouches), Distribution Channel (Online, Offline) - Industry Trends and Forecast to 2031.

Global turmeric milk mix market size was valued at USD 201.90 million in 2023 and is projected to reach USD 326.69 million by 2031, with a CAGR of 6.2% during the forecast period of 2024 to 2031.

Explore Further Details about This Research Turmeric Milk Mix Market Share Report https://www.databridgemarketresearch.com/reports/global-turmeric-milk-mix-market

**Segments**

- Based on form, the global turmeric milk mix market can be segmented into powder form, liquid form, and ready-to-drink form. Powder form turmeric milk mix is the most commonly used form due to its convenience and longer shelf life. Liquid form turmeric milk mix is gaining popularity among consumers looking for a quick and easy solution. Ready-to-drink turmeric milk mix is a convenient option for on-the-go consumption.

- On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online retail, and others. Supermarkets/hypermarkets hold a significant share in the distribution of turmeric milk mix products due to their wide reach and availability of various brands. The online retail segment is witnessing substantial growth as more consumers prefer the convenience of purchasing turmeric milk mixes online.

- By packaging type, the market can be categorized into pouches, cartons, bottles, and others. Pouches are the most commonly used packaging type for turmeric milk mixes as they are cost-effective and lightweight. Cartons offer better protection to the product and are preferred for larger pack sizes. Bottles are popular for ready-to-drink turmeric milk mixes due to their convenience.

**Market Players**

- Some of the key players in the global turmeric milk mix market include Gaia Herbs, The Haldi, Patanjali Ayurved, The Republic of Tea, Yogi Tea, Pukka Herbs, Organic India, Rumi Spice, Further Food, and Qyral. These companies are focusing on product innovation, expansion of distribution networks, and strategic partnerships to strengthen their market presence and attract a larger customer base. With the increasing demand for natural and functional beverages, these market players are investing in research and development to introduce new and innovative turmeric milk mix products.

- The global turmeric milk mix market is highly competitive, with players competing on factors such as product quality, pricing, packaging, and promotional activities. CompaniesThe global turmeric milk mix market is experiencing robust growth, driven by increasing consumer awareness about the health benefits of turmeric and growing demand for functional beverages. The segmentation of the market based on form, distribution channel, and packaging type provides valuable insights into consumer preferences and industry trends. Powder form turmeric milk mix remains the most popular choice among consumers due to its convenience and longer shelf life. However, liquid form and ready-to-drink options are gaining traction, catering to different consumer needs for quick and easy consumption.

The distribution channels for turmeric milk mix products are diverse, including supermarkets/hypermarkets, convenience stores, online retail, and others. Supermarkets/hypermarkets play a significant role in the distribution of these products, offering a wide range of brands and products to consumers. The online retail segment is witnessing substantial growth, driven by the rising trend of e-commerce and the convenience it offers to consumers. The accessibility of turmeric milk mixes through various distribution channels contributes to the market's overall growth and reach.

Packaging is another crucial aspect of the turmeric milk mix market, with options like pouches, cartons, bottles, and others. Pouches are the preferred choice for their cost-effectiveness and lightweight properties, making them convenient for consumers. Cartons provide better protection for the product, particularly for larger pack sizes, enhancing the overall product appeal on the shelves. Bottles are popular for ready-to-drink turmeric milk mixes, offering convenience and ease of consumption for on-the-go consumers.

Key market players in the global turmeric milk mix market, including Gaia Herbs, The Haldi, Patanjali Ayurved, and others, are actively engaged in product innovation and expanding their distribution networks. Strategic partnerships and collaborations are being leveraged to strengthen market presence and attract a larger customer base. With the increasing demand for natural and functional beverages, these companies are investing in research and development to introduce new and innovative turmeric milk mix products that cater to evolving consumer preferences.

**Market Players**

- Sweet Karam Coffee (India)
- Biomax Life Sciences Ltd. (India)
- Gaia Herbs (U.S.)
- Organic India (India)
- Turmaquik (U.S.)
- VAHDAM (India)
- Earth Expo Company (India)
- ITC Spices (India)
- Nani Agro Foods (India)
- Empire Spices & Foods Limited (India)
- Nutriorg (India)
- Four Sigmatic (U.S.)
- Garden of Life (U.S.)

The global turmeric milk mix market is a dynamic and competitive landscape driven by the increasing consumer interest in natural and functional beverages. With a focus on health and wellness, consumers are seeking products like turmeric milk mixes that offer both taste and nutritional benefits. The segmentation of the market based on form, distribution channels, and packaging types provides valuable insights into the preferences of consumers and industry trends that influence market growth.

The market players in the global turmeric milk mix industry are constantly striving to innovate and differentiate their products to meet evolving consumer demands. Companies such as Gaia Herbs, Organic India, and Sweet Karam Coffee are at the forefront of developing new turmeric milk mix formulations that cater to various consumer preferences. Strategic partnerships and expansions in distribution networks are key strategies employed by market players to enhance their market presence and reach a wider customer base.

Consumer convenience and product accessibility are significant drivers of the turmeric milk mix market, with different forms like powder,

Table Of Content

1 Introduction

1.1 Objectives Of The Study

1.2 Turmeric Milk Mix Market Definition

1.3 Overview

1.4 Limitations

1.5 Markets Covered

2 Turmeric Milk Mix Market Segmentation

2.1 Turmeric Milk Mix Market Covered

2.2 Geographical Scope

2.3 Years Considered For The Study

2.4 Currency And Pricing

2.5 Dbmr Tripod Data Validation Model

2.6 Multivariate Modeling

2.7 Primary Interviews With Key Opinion Leaders

2.8 Dbmr Turmeric Milk Mix Market Position Grid

2.9 Dbmr Vendor Share Analysis

2.1 Secondary Sources

2.11 Assumptions

3 Executive Summary.............

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Data Bridge Market Research is a market research and consulting company that educates its clients about the market and encourages growth and expansion. We offer customized reports, syndicated research, consulting services, cloud-connected intelligence, and a holistic suite of offerings including competitive intelligence, epidemiology analyses, trade analytics, country analysis, and pharma insights. We deliver objective and actionable insights, crafted to meet the unique needs of our clients. Our database features thousands of statistics and in-depth analyses on 200 plus industries and more than 5000 markets in 75 major countries globally. Additionally, DBMR has served for more than 40% of Fortune 500 firms internationally and has a more than 3000 client's network.

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