The report provides an extensive analysis of the current and emerging market trends and opportunities, market share, major players, market segments in the global turmerics market.
New York, United States – June 22, 2020 /MarketersMedia/ —
Turmeric is a spice from the turmeric plant. Turmeric plant is a perennial scented herb. It has both medicinal value and food seasoning.
This report also covers the recent COVID-19 and its impact on Turmerics Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Turmeric has super antioxidant and anti-inflammatory properties, so turmeric has various health effects including liver protection, anti-tumor, cardiovascular health, neuroprotection, and anti-aging. With the improvement in people’s health awareness, the demand for various health products and medicines is increasing, and the demand for turmeric is also rising. And due to the superior pharmacological properties of turmeric, various research institutions have also increased the animal and cell tests for turmeric. Strong scientific test data may cause the development of turmeric-related products to increase.
But in recent years, quality problems have frequently occurred in the functional raw materials industry, and inferior turmeric is disrupting the market. And with the prevalence of adulteration of raw materials, the transparency of the product supply chain and the sustainability of raw materials has become the focus of attention.
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The Major Players Profiled in This Report Include:
Earth Expo Company
Nani Agro Foods
Green Earth Products
Shalimar Food Products
Taj Agro International
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Food and Beverages
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The wide application of turmeric in medicine, food, and cosmetics has promoted the development of the global turmeric market. On the one hand, because of its superior efficacy, turmeric is suitable for addition to medicines and health products. On the other hand, as health awareness increases, consumers prefer to use natural foods, and the demand for natural food colorants has been increasing substantially. And the European Food Standards Agency has imposed stricter restrictions on synthetic dyed food additives. These factors have contributed to the growth of turmeric applications.
In recent years, the market for plant extracts has continued to grow, with Asia, Europe, and the United States becoming the world’s three largest plant extract markets. Turmeric is a very promising plant extract, and its output is also increasing. Among them, India is the world’s largest supplier of turmeric. This is due to the local climatic and soil conditions, and turmeric is a traditional crop in India, so the cultivation technology is relatively mature.
Turmerics Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Turmerics Market by Types
Chapter 4 Segmentation of Turmerics Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Turmerics Market in Major Countries
Chapter 7 North America Turmerics Landscape Analysis
Chapter 8 Europe Turmerics Landscape Analysis
Chapter 9 Asia Pacific Turmerics Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Turmerics Landscape Analysis
Chapter 11 Major Players Profile
11.1 Earth Expo Company
11.1.1 Earth Expo Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 ITC Spices
11.2.1 ITC Spices Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Nani Agro Foods
11.3.1 Nani Agro Foods Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Turmerics Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Turmerics Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Turmerics Market?
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