openPR Logo
Press release

Turmeric Oleoresin Market - Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

06-23-2017 05:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Turmeric Oleoresin Market

Turmeric Oleoresin Market - Insights, Trends, Outlook,

Turmeric oleoresin is obtained by the extraction of roots of Curcuma longa Linn, processed with volatile solvents such as methanol, ethanol, and isopropanol, etc. It is typically a spice oleoresin that mainly constitutes of 15% to 20% of curcumin, obtained from the ground rhizomes of turmeric. Turmeric oleoresin is available in yellow to dark red-brown paste, lumps, powder or liquid form. It finds significant application in the food industry as a flavoring agent. Owing to its soluble characteristics, turmeric oleoresin finds high usage as a food additive in various cuisines across the globe. Countries such as India, China and Brazil are the major manufacturing hubs for turmeric oleoresin and thus, are the market leaders. CMI predicts the global turmeric oleoresin market to grow at a healthy growth rate owing to shifting consumer preference towards use of natural oleoresins.

Request Sample of Turmeric Oleoresin Market: https://www.coherentmarketinsights.com/insight/request-sample/338

A key driver propelling growth of the global turmeric oleoresin market is the usage of oleoresin in margarine and dry mixes. Turmeric oleoresin available in dry powder form allows for easy mixing as compared to conventional oleoresins and thus, finds increasing application in instant mix food products such as soups, beverages, and ready meal. Owing to the ability of turmeric oleoresin to enhance the stability and facilitate the application in food products is also expected to drive growth of the global market. Furthermore, turmeric oleoresin is expected to witness an escalating demand in the future due to its longer shelf-life and acts as an economical substitute for ground spices. With advancements in easy storage and transportation facilities the market of turmeric oleoresin is set to grow significantly in the future. Furthermore, global market is expected to witness a healthy growth rate during the forecast period owing to improving government taxation schemes and incentives across the world. For instance, countries such as Indonesia, Myanmar and Vietnam are offering Export Processing Zones (EPZ) space to manufacturers and a 5 -10 year tax holiday to attract the companies operating in the global turmeric oleoresin market.

Turmeric Oleoresin Market Taxonomy

By Form

On the basis of form, the global market is classified as:

Powder
Paste
Oil
Lumps
By End-use Industry

On the basis of application, the global market is classified as:

Pharmaceuticals
Personal Care & Cosmetics
Food & Beverages

Turmeric oleoresin finds wide application as a natural colorant in a variety of food and beverage products such as salad dressings, pickles, beverages, cereals, bakery products, and dairy products. Among all the end-use industries, the food & beverages segment is expected to occupy the major share of the global turmeric oleoresin market both in terms of value and volume in the near future. Consumption of turmeric oleoresin in the pharmaceuticals industry is forecast to witness highest growth rate over the forecast period, owing to its increasing use in preparation of drugs that are used in treatment of cancer, back pain, and other health problems. Turmeric oleoresin is also highly preferred in the personal care & cosmetics industry in applications such as lotions, creams, and dyes.

Request To View The Table of content:https://www.coherentmarketinsights.com/ongoing-insight/toc/338

Turmeric Oleoresin Market Outlook - Asia Pacific to continue to be the key growth engine for global market

Region-wise, the global turmeric oleoresin market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected to retain its dominance in the global market throughout the forecast period, owing to the growing markets for turmeric oleoresin in countries such as India, China, and Brazil. India currently accounts for over 65% share of the total oleoresin and spice oils production globally. However, recent trends show a shifting focus towards other major oleoresin and spice producing countries such as China, Indonesia, Vietnam, Cambodia, Sri Lanka and Myanmar. This is mainly due to availability of raw material at lower price tags, low manufacturing costs and favourable taxation scenario in these regions.

Some of the key players identified in the global turmeric oleoresin industry are Ungerer & Company, Vidya Herbs Pvt. Ltd., Nikita Extracts, Kancor Ingredients Ltd., Universal Oleoresins, Ozone Naturals, Naturite Agro Products Ltd., Synthite Industries, Ltd. Asian Oleoresin Company and Indo-World etc. These players are expected to focus on enhancing their product portfolio with a view to expanding their business and gain a competitive advantage in the global turmeric oleoresin market.

Check The Trending Report of Turmeric Oleoresin Market: https://www.coherentmarketinsights.com/ongoing-insight/turmeric-oleoresin-market-338

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Visit Blog : http://globalresearchtrends.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Turmeric Oleoresin Market - Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024 here

News-ID: 594265 • Views: 137

More Releases from Turmeric Oleoresin Market

Turmeric Oleoresin Market - Global Industry Insights, Trends, Outlook, and Oppor …
Turmeric oleoresin is obtained by the extraction of roots of Curcuma longa Linn, processed with volatile solvents such as methanol, ethanol, and isopropanol, etc. It is typically a spice oleoresin that mainly constitutes of 15% to 20% of curcumin, obtained from the ground rhizomes of turmeric. Turmeric oleoresin is available in yellow to dark red-brown paste, lumps, powder or liquid form. It finds significant application in the food industry as
Turmeric Oleoresin Market - Global Industry Insights, Trends, Outlook, and Oppor …
Turmeric oleoresin is obtained by the extraction of roots of Curcuma longa Linn, processed with volatile solvents such as methanol, ethanol, and isopropanol, etc. It is typically a spice oleoresin that mainly constitutes of 15% to 20% of curcumin, obtained from the ground rhizomes of turmeric. Turmeric oleoresin is available in yellow to dark red-brown paste, lumps, powder or liquid form. It finds significant application in the food industry as
TURMERIC OLEORESIN MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPOR …
Turmeric oleoresin is obtained by the extraction of roots of Curcuma longa Linn, processed with volatile solvents such as methanol, ethanol, and isopropanol, etc. It is typically a spice oleoresin that mainly constitutes of 15% to 20% of curcumin, obtained from the ground rhizomes of turmeric. Turmeric oleoresin is available in yellow to dark red-brown paste, lumps, powder or liquid form. It finds significant application in the food industry as
Turmeric Oleoresin Market to Grow Globally
Turmeric oleoresin is obtained by the extraction of roots of Curcuma longa Linn, processed with volatile solvents such as methanol, ethanol, and isopropanol, etc. It is typically a spice oleoresin that mainly constitutes of 15% to 20% of curcumin, obtained from the ground rhizomes of turmeric. Turmeric oleoresin is available in yellow to dark red-brown paste, lumps, powder or liquid form. It finds significant application in the food industry as

All 5 Releases


More Releases for Asia

RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
MES: Expansion in Asia
Berlin, November 24, 2014: Model Engineering Solutions (MES), the Berlin-based specialist for model-based software development, has significantly expanded its business in Asia. In recent years, MES has built up a network of local partners in Japan, Korea, China, and India in order to benefit from the growing market and increasing interest in model-based development and ISO 26262 in Asia. Asia: Driving force in the automotive industry The automotive industry continues
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
UDT Asia 2011
Clarion Events hosts the Undersea Defence Technology (UDT) Asia 2011 conference and exhibition to bring senior naval and industry personnel together to cover underwater developments in the region Singapore, May 30 – Clarion Events is hosting UDT Asia on 30 November – 1 December 2011. The event brings together the undersea defence community in Asia, featuring top regional naval speakers, who will be addressing the latest underwater requirements for Asian navies. According
eltherm goes Asia
Finally all preparations are finished and the new subsidiary of eltherm GmbH, eltherm Asia Pacific Pte Ltd has commenced operations in Singapore on 1st April 2010. To celebrate the starting shot, an opening celebration was held in the afternoon of 28th July in the office premises followed by a get together dinner and drinks in the evening at a pub. A total of 62 guests attended the event with the