Turmeric Market Overview, Size & Share, Future Evolution & Forecast till 2026

15/ott/2019 11:37:04 Allied Market Research Contatta l'autore

Questo comunicato è stato pubblicato più di 1 anno fa. Le informazioni su questa pagina potrebbero non essere attendibili.

 

Turmeric, also known as Curcuma longa, is a type of spice that is widely cultivated in southern Asia. Turmeric powder is a major ingredient in curry powders and pastes. Turmeric is majorly used in cooking to add color and flavor to seafood, pickles, rice dishes, and others. In addition, it is widely used to make medicines, cosmetic products, and colorants for food products & textiles. Often, turmeric is used as a substitute for saffron, as it is less expensive and provides similar yellow color. Moreover, turmeric is used in home remedies for curing cough, cold, and stomach issues. Furthermore, it aids to prevent cardiac diseases, delay aging, improve brain functioning, fight inflammation, and boost antioxidant ability of the body. Currently, India is the major producer, user, and exporter of turmeric.

Get more information on this report Request Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/5532

Wide applications of turmeric such as in home remedies, cosmetic products, food products have driven the market of the global turmeric market. Moreover, increase in popularity of ethnic food fuels the market growth. However, curcumin, naturally present in turmeric that gives the yellow color, is unstable and degrades with exposure to light. Thus, to maintain the color of turmeric, it is replaced by synthetic dyes such as mentail yellow, sunset yellow, Sudan dye, which are stable.

However, According to the European Food Standards Agency, these synthetic dyes are considered as harmful food additives, and are thus banned for use, which is anticipated to restrain the market for turmeric in the near future. Conversely, shift in preference of consumers toward cosmetic products containing natural ingredients such as turmeric is expected to boost the market growth. In addition, the UV protecting packaging of turmeric to prevent the deterioration of its color fuels the market growth. Moreover, increase in trend of healthy living and use of turmeric in herbal food supplements are projected to offer lucrative opportunities for market expansion during the forecast period.

Top Key Players:

·         SHS Group
·         Everest Spices
·         DS Group
·         McCormick & Company Inc.
·         Barrington Chemical Corporation
·         Nani Agro Foods
·         MTR Foods Pvt. Ltd.
·         MDH Spices
·         Olam International
·         Bart Ingredients Co. Ltd

The global turmeric market is segmented based on type, end user, distribution channel, and region. By type, the market is bifurcated into raw and dried. Depending on end user, it is segregated into households, food & beverages industry, food service industry, cosmetics industry, and others. On the basis of distribution channel, it is classified into direct/B2B and indirect /B2C channel. The indirect/B2C channel is sub segmented into supermarkets/hypermarkets, convenience stores, retail stores, e-commerce, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/5532

KEY BENEFITS FOR STAKEHOLDERS

·         This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global turmeric market from 2018 to 2026 to identify the prevailing market opportunities.
·         Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
·         In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
·         Market player positioning facilitates benchmarking while providing a clear understanding of the present position of the key market players.
·         The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correaz

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141

International: +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1-855-550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

 

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl