Global Turmeric Market 2017-2021

SKU ID : TNV- 10359560

Publishing Date : 16-Mar-2017

No. of pages : 70

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  • ABSTRACT
    About Turmeric

    Turmeric or Curcuma longa is a rhizomatous herbaceous perennial plant that belongs to the ginger family, Zingiberaceae. Turmeric as a crop is native to Asia, and it requires temperatures between 68°F and 86°F and a considerable amount of annual rainfall to thrive. The root of the turmeric plant, also known as rhizome, is valued for its medicinal and culinary properties. According to the University of Maryland Medical Center (UMCC), turmeric has been utilized for the preparation of food as well as medicines for over 4,000 years. Currently, in international cuisine, it is widely used for food coloring and seasoning or as a preservative.

    Technavio’s analysts forecast the global turmeric market to grow at a CAGR of 6.4% during the period 2017-2021.

    Covered in this report
    The report covers the present scenario and the growth prospects of the global turmeric market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of turmeric as an ingredient in the different areas of applications – food and beverages, pharmaceuticals, and other areas.

    The market is divided into the following segments based on geography:
    • Americas
    • APAC
    • Europe
    • ROW

    Technavio's report, Global Turmeric Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    Key vendors
    • Earth Expo Company
    • ITC Spices
    • Nani Agro Foods
    • RK
    Other prominent vendors
    • Everest Spices
    • Gandhi Spices
    • Grover Sons
    • Green Earth Products
    • MDH Spices
    • Shalimar Food Products
    • Sino-Nature
    • Taj Agro International

    Market driver
    • Rise in number of product line extensions with turmeric as functional ingredient.
    • For a full, detailed list, view our report

    Market challenge
    • Threats associated with adverse weather conditions and climatic uncertainties.
    • For a full, detailed list, view our report

    Market trend
    • Continuous product innovation with turmeric as an ingredient in food and beverage sector.
    • For a full, detailed list, view our report

    Key questions answered in this report
    • What will the market size be in 2021 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?

    You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.





    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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