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Turmeric Market by Type (Raw and Dried), End User (Households, Food & Beverages Industry, Food Service Industry, Cosmetics Industry, and Others), and Distribution Channel (Direct/B2B and Indirect /B2C Channel {Supermarkets/Hypermarkets, Convenience Stores, Retail Stores, E-commerce, and Others}): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Dec 2019 | 167 Views
 
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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.

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.
 
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.
The prominent players operating in the market include SHS Group, Everest Spices, DS Group, McCormick & Company, Inc., Barrington Chemical Corporation, Nani Agro Foods, MTR Foods Pvt. Ltd., MDH Spices, Olam International, and Bart Ingredients Co. Ltd.

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.

KEY MARKET SEGMENTS         

By Type

  • Raw
  • Dried

End User

  • Households
  • Food & Beverages Industry 
  • Food Service Industry
  • Cosmetics Industry
  • others

By Distribution Channel 

  • Direct/B2B
  • Indirect/B2C
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Retail stores
    • E-commerce
    • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:  INTRODUCTION

              1.1.    REPORT DESCRIPTION

              1.2.    KEY MARKET SEGMENTS

              1.3.    KEY BENEFITS

              1.4.    RESEARCH METHODOLOGY

                         1.4.1.   Primary research

                         1.4.2.   Secondary research

                         1.4.3.   Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

              2.1.    CXO PERSPECTIVE

CHAPTER 3:    MARKET LANDSCAPE

              3.1.    MARKET DEFINITION AND SCOPE

              3.2.    KEY FINDINGS

                         3.2.1.   Top investment pockets

                         3.2.2.   Top winning strategies

              3.3.    PORTER'S FIVE FORCES ANALYSIS

                         3.3.1.   Bargaining power of suppliers

                         3.3.2.   Threat of new entrants

                         3.3.3.   Threat of substitutes

                         3.3.4.   Competitive rivalry

                         3.3.5.   Bargaining power of buyers

              3.4.    MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING

              3.5.    MARKET DYNAMICS

                       3.5.1.     Drivers

                       3.5.2.     Restraints

                       3.5.3.     Opportunities

CHAPTER 4:   TURMERIC MARKET BY TYPE

              4.1.    OVERVIEW

              4.2.     RAW

                         4.2.1.   Key market trends, Growth factors and opportunities

                         4.2.2.   Market size and forecast by region

                         4.2.3.   Market analysis by country

              4.3.      DRIED

                         4.3.1.   Key market trends, Growth factors and opportunities

                         4.3.2.   Market size and forecast by region

                         4.3.3.   Market analysis by country

CHAPTER 5:   TURMERIC MARKET BY END USER

              5.1.    OVERVIEW

              5.2.     HOUSEHOLDS

                         5.2.1.   Key market trends, Growth factors and opportunities

                         5.2.2.   Market size and forecast by region

                         5.2.3.   Market analysis by country

              5.3.     FOOD AND BEVERAGES INDUSTRY

                         5.3.1.   Key market trends, Growth factors and opportunities

                         5.3.2.   Market size and forecast by region

                         5.3.3.   Market analysis by country

              5.4.     FOOD SERVICE INDUSTRY

                         5.4.1.   Key market trends, Growth factors and opportunities

                         5.4.2.   Market size and forecast by region

                         5.4.3.   Market analysis by country

              5.5.     COSMETICS INDUSTRY

                         5.5.1.   Key market trends, Growth factors and opportunities

                         5.5.2.   Market size and forecast by region

                         5.5.3.   Market analysis by country

              5.6.      OTHERS

                         5.6.1.   Key market trends, Growth factors and opportunities

                         5.6.2.   Market size and forecast by region

                         5.6.3.   Market analysis by country

CHAPTER 6:   TURMERIC MARKET BY DISTRIBUTION CHANNEL

              6.1.    OVERVIEW

              6.2.     DIRECT/B2B

                         6.2.1.   Key market trends, Growth factors and opportunities

                         6.2.2.   Market size and forecast by region

                         6.2.3.   Market analysis by country

              6.3.     INDIRECT /B2C CHANNEL

                         6.3.1.   Key market trends, Growth factors and opportunities

                         6.3.2.    SUPERMARKETS/HYPERMARKETS

                         6.3.3.    CONVENIENCE STORES

                         6.3.4.    RETAIL STORES

                         6.3.5.    E-COMMERCE

                         6.3.6.    OTHERS

                         6.3.7.   Market size and forecast by region

                         6.3.8.   Market analysis by country

CHAPTER 7:    TURMERIC MARKET BY REGION

              7.1.    OVERVIEW

              7.2.   NORTH AMERICA

                        7.2.1.   Key market trends and opportunities

                        7.2.2.   Market size and forecast by Type

                        7.2.3.   Market size and forecast by End User

                        7.2.4.   Market size and forecast by Distribution Channel

                        7.2.5.   Market size and forecast by Country

                        7.2.6.   U.S.  TURMERIC MARKET

                                      7.2.6.1.   Market size and forecast by Type

                                      7.2.6.2.   Market size and forecast by End User

                                      7.2.6.3.   Market size and forecast by Distribution Channel

                        7.2.7.   CANADA TURMERIC MARKET

                                      7.2.7.1.   Market size and forecast by Type

                                      7.2.7.2.   Market size and forecast by End User

                                      7.2.7.3.   Market size and forecast by Distribution Channel

                        7.2.8.   MEXICO TURMERIC MARKET

                                      7.2.8.1.   Market size and forecast by Type

                                      7.2.8.2.   Market size and forecast by End User

                                      7.2.8.3.   Market size and forecast by Distribution Channel

              7.3.   EUROPE

                        7.3.1.   Key market trends and opportunities

                        7.3.2.   Market size and forecast by Type

                        7.3.3.   Market size and forecast by End User

                        7.3.4.   Market size and forecast by Distribution Channel

                        7.3.5.   Market size and forecast by Country

                        7.3.6.   UK TURMERIC MARKET

                                      7.3.6.1.   Market size and forecast by Type

                                      7.3.6.2.   Market size and forecast by End User

                                      7.3.6.3.   Market size and forecast by Distribution Channel

                        7.3.7.   GERMANY TURMERIC MARKET

                                      7.3.7.1.   Market size and forecast by Type

                                      7.3.7.2.   Market size and forecast by End User

                                      7.3.7.3.   Market size and forecast by Distribution Channel

                        7.3.8.   FRANCE TURMERIC MARKET

                                      7.3.8.1.   Market size and forecast by Type

                                      7.3.8.2.   Market size and forecast by End User

                                      7.3.8.3.   Market size and forecast by Distribution Channel

                        7.3.9.   ITALY TURMERIC MARKET

                                      7.3.9.1.   Market size and forecast by Type

                                      7.3.9.2.   Market size and forecast by End User

                                      7.3.9.3.   Market size and forecast by Distribution Channel

                        7.3.10.   SPAIN TURMERIC MARKET

                                      7.3.10.1.   Market size and forecast by Type

                                      7.3.10.2.   Market size and forecast by End User

                                      7.3.10.3.   Market size and forecast by Distribution Channel

                        7.3.11.   REST OF EUROPE TURMERIC MARKET

                                      7.3.11.1.   Market size and forecast by Type

                                      7.3.11.2.   Market size and forecast by End User

                                      7.3.11.3.   Market size and forecast by Distribution Channel

              7.4.   ASIA-PACIFIC

                        7.4.1.   Key market trends and opportunities

                        7.4.2.   Market size and forecast by Type

                        7.4.3.   Market size and forecast by End User

                        7.4.4.   Market size and forecast by Distribution Channel

                        7.4.5.   Market size and forecast by Country

                        7.4.6.   CHINA TURMERIC MARKET

                                      7.4.6.1.   Market size and forecast by Type

                                      7.4.6.2.   Market size and forecast by End User

                                      7.4.6.3.   Market size and forecast by Distribution Channel

                        7.4.7.   JAPAN TURMERIC MARKET

                                      7.4.7.1.   Market size and forecast by Type

                                      7.4.7.2.   Market size and forecast by End User

                                      7.4.7.3.   Market size and forecast by Distribution Channel

                        7.4.8.   INDIA TURMERIC MARKET

                                      7.4.8.1.   Market size and forecast by Type

                                      7.4.8.2.   Market size and forecast by End User

                                      7.4.8.3.   Market size and forecast by Distribution Channel

                        7.4.9.   SOUTH KOREA TURMERIC MARKET

                                      7.4.9.1.   Market size and forecast by Type

                                      7.4.9.2.   Market size and forecast by End User

                                      7.4.9.3.   Market size and forecast by Distribution Channel

                        7.4.10.   AUSTRALIA TURMERIC MARKET

                                      7.4.10.1.   Market size and forecast by Type

                                      7.4.10.2.   Market size and forecast by End User

                                      7.4.10.3.   Market size and forecast by Distribution Channel

                        7.4.11.   REST OF ASIA-PACIFIC TURMERIC MARKET

                                      7.4.11.1.   Market size and forecast by Type

                                      7.4.11.2.   Market size and forecast by End User

                                      7.4.11.3.   Market size and forecast by Distribution Channel

              7.5.    LAMEA

                        7.5.1.   Key market trends and opportunities

                        7.5.2.   Market size and forecast by Type

                        7.5.3.   Market size and forecast by End User

                        7.5.4.   Market size and forecast by Distribution Channel

                        7.5.5.   Market size and forecast by Country

                        7.5.6.   BRAZIL TURMERIC MARKET

                                      7.5.6.1.   Market size and forecast by Type

                                      7.5.6.2.   Market size and forecast by End User

                                      7.5.6.3.   Market size and forecast by Distribution Channel

                        7.5.7.   SAUDI ARABIA TURMERIC MARKET

                                      7.5.7.1.   Market size and forecast by Type

                                      7.5.7.2.   Market size and forecast by End User

                                      7.5.7.3.   Market size and forecast by Distribution Channel

                        7.5.8.   SOUTH AFRICA TURMERIC MARKET

                                      7.5.8.1.   Market size and forecast by Type

                                      7.5.8.2.   Market size and forecast by End User

                                      7.5.8.3.   Market size and forecast by Distribution Channel

                        7.5.9.   REST OF LAMEA TURMERIC MARKET

                                      7.5.9.1.   Market size and forecast by Type

                                      7.5.9.2.   Market size and forecast by End User

                                      7.5.9.3.   Market size and forecast by Distribution Channel

CHAPTER 8:    COMPANY PROFILES

              8.1.     SHS GROUP

                        8.1.1.    Company overview

                        8.1.2.    Business performance

                        8.1.3.    Key strategic moves and developments

              8.2.     EVEREST SPICES

                        8.2.1.    Company overview

                        8.2.2.    Business performance

                        8.2.3.    Key strategic moves and developments

              8.3.      DS GROUP

                        8.3.1.    Company overview

                        8.3.2.    Business performance

                        8.3.3.    Key strategic moves and developments

              8.4.     MCCORMICK & COMPANY, INC.

                        8.4.1.    Company overview

                        8.4.2.    Business performance

                        8.4.3.    Key strategic moves and developments

              8.5.      BARRINGTON CHEMICAL CORPORATION

                        8.5.1.    Company overview

                        8.5.2.    Business performance

                        8.5.3.    Key strategic moves and developments

              8.6.     NANI AGRO FOODS

                        8.6.1.    Company overview

                        8.6.2.    Business performance

                        8.6.3.    Key strategic moves and developments

              8.7.     MTR FOODS PVT. LTD.

                        8.7.1.    Company overview

                        8.7.2.    Business performance

                        8.7.3.    Key strategic moves and developments

              8.8.      MDH SPICES

                        8.8.1.    Company overview

                        8.8.2.    Business performance

                        8.8.3.    Key strategic moves and developments

              8.9.     OLAM INTERNATIONAL

                        8.9.1.    Company overview

                        8.9.2.    Business performance

                        8.9.3.    Key strategic moves and developments

              8.10.     BART INGREDIENTS CO. LTD.

                        8.10.1.    Company overview

                        8.10.2.    Business performance

                        8.10.3.    Key strategic moves and developments

 
 
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