The global demand for Turmeric Oleoresin Market is presumed to reach the market size of nearly USD 141.59 MN by 2028 from USD 70.83 MN in 2021 with a CAGR of 10.4% under the study period 2022 - 2028.
Turmeric Oleoresin is an organic product extracted from the turmeric plant (Curcuma longa plant) root. It is mainly used for the flavouring and colouring of food products. Turmeric Oleoresin offers various health benefits such as pain reduction, reduction in inflammation, mental and cognitive wellness, and immunity boost. Turmeric Oleoresin is used in medicines for cancer, joint pain, and other medical conditions and as anti-oxidants. It can be obtained in soluble as well as insoluble forms. The soluble form is used in food supplements, while the insoluble form is extensively used in topical applications such as creams, ointments, etc.
The significant factor fuelling the global Turmeric Oleoresin is its unique applications in various sectors, including the pharmaceutical, food, and cosmetic industry. The rising demand for natural and organic food products is further driving the growth of the market. The growing prevalence of cancer and other life-threatening diseases is further supporting the market. Furthermore, after COVID-19 demand for immunity boosters is exponentially high. As turmeric oleoresin is a natural immunity booster, its demand is surging across the globe. However, factors such as high prices of raw materials and availability of stock may cause hindrances to the global market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of turmeric oleoresin. The growth and trends of turmeric oleoresin industry provide a holistic approach to this study.
This section of the turmeric oleoresin market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Extraction Type
By End Use
By Distribution Channel
- Food & Beverage Industry
- Business To Business (B2B)
- Business To Consumer (B2C) (Hypermarket/Supermarket, Specialty Stores, Online Retail)
This section covers the regional outlook, which accentuates current and future demand for the Turmeric Oleoresin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Turmeric Oleoresin Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the turmeric oleoresin market include Nikita Extracts, Ungerer & Company, Kancor Ingredients Limited, Asian Oleoresin Company, Vidya Herbs pvt. Ltd., Naturite Agro Products Ltd., Universal Oleoresins, Synthite Industries Ltd, DDW The Color House, Ozone Naturals, Indo-World, etc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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