Turmeric Market 2017 Trend, Analysis and Forecast to 2021
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.
Publisher’s analysts forecast the global turmeric market to grow at a CAGR of 6.4% during the period 2017-2021.
For more information about this report: http://www.reportsweb.com/global-turmeric-market-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
Publisher’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
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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
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