[250 Pages Report] The curcuma longa (turmeric) root extract market is likely to register a CAGR of 8.5% during the forecast period, and is anticipated to reach a market share of US$ 178.32 million by 2032, from US$ 78.87 million in 2022.
| Report Attributes | Details |
|---|---|
| Curcuma Longa (Turmeric) Root Extract Market (2021) | US$ 71.57 Million |
| Curcuma Longa (Turmeric) Root Extract Market (2022) | US$ 78.87 Million |
| Curcuma Longa (Turmeric) Root Extract Market (2032) | US$ 178.32 Million |
| Curcuma Longa (Turmeric) Root Extract Market CAGR (2022-2032) | 8.5% |
The demand for Curcuma longa (turmeric) root extract is on the surge as it is widely used to render a treatment for illnesses including gastric ulcers, aches, Inflammation, arthritis, hyperlipidaemia, digestion issue, gastritis and anxiety.
It is a flowering plant that provides turmeric from the root which is utilised in cooking as a spice, therefore the sales of Curcuma longa (turmeric) root extract are rising in the market.
The rising demand for Curcuma longa (turmeric) root extract can also be attributed to its properties which glow your skin and get rid of related diseases such as parasitic diseases, ringworm, eczema, chicken pox, and obstinate itching.
It contains manganese, potassium, fibre, omega-3 fatty acid and iron which helps to reduce the swelling and overcome the types of skin related problems, soaring the sales of Curcuma longa (turmeric) root extract during the forecast period.
The observed shift in consumer attitudes about the benefits of employing organic and natural components in medicinal, cosmetic, and food applications, is likely to expand the demand for Curcuma longa (turmeric) root extract.
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Consumers are influenced by growing natural, health-consciousness, and treatment trends impacting the consumer buying behaviour and overall beauty industry which affects the demand for Curcuma longa (turmeric) root extract along with the sales of Curcuma longa (turmeric) root extract.
The sales of Curcuma longa (turmeric) root extract are also expected to climb up as consumers, nowadays, are rapidly inclining towards naturally derived beauty products.
Consumers, mainly millennials, are emphasizing more towards a healthy lifestyle and are proactive in learning the value proposition of personal care products.
These factors are very likely to positively influence the demand for Curcuma longa (turmeric) root extract in tandem with the sales of Curcuma longa (turmeric) root extract.
The growing sales of Curcuma longa (turmeric) root extract is also contributed by the demand for numerous herbal products, and a rise in consumer awareness regarding the use of chemicals in cosmetics.
Increasing personal grooming among consumers is also considered as one of the prominent factors fuelling the demand for Curcuma longa (turmeric) root extract from 2022 to 2032.
The adoption of Curcuma longa (turmeric) root extract in the personal care and cosmetics industry is likely to rise, thereby spiking the demand for Curcuma longa (turmeric) root extract during the forecast period.
All natural beauty products are expensive, and people with limited disposable income are unable to purchase them and the same is expected to impede the demand for Curcuma longa (turmeric) root extract.
However, side effects associated with products such as discomfort and allergy are one other factor that may hamper the demand for global Curcuma longa (turmeric) root extract in tandem with the sales of Curcuma longa (turmeric) root extract.
Moreover, the sales of Curcuma longa (turmeric) root extract may dwindle due to the presence of the substitute ingredients such as saffron, mustard powder and ground ginger, which are the finest substitute ingredients that use in cooking for colouring it.
Principal Consultant
The Asia-Pacific region is expected to dominate the global Curcuma longa (turmeric) root extract market share during the forecast period (2022-2032).
Southern Asia is followed by East Asia owing to the high demand for Curcuma longa (turmeric) root extract, high consumption of Curcuma longa (turmeric) root extract, and the presence of key players in the region.
Countries such as China, Japan, India and South Korea are the forefront of the market, where the sales of Curcuma longa (turmeric) root extract are on a rising trajectory.
Flavouring food and growing Curcuma longa (turmeric) plants to rise the production during the forecast period worldwide, and in turn the sales of Curcuma longa (turmeric) root extract.
North America region is likely to augment the production for skincare start-up companies to enlarge its Curcuma longa (turmeric) root extract market share during the forecast period.
The region generates a healthy CAGR during the forecast period owing to the rise in demand for Curcuma longa (turmeric) root extract based ayurvedic skincare products.
The US is anticipated to lead with various branded skincare companies that generate huge revenue in the region during the forecast period, enlarging the Curcuma longa (turmeric) root extract market share.
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Increasing production of Curcuma longa (turmeric) root extract by prominent players along with expanding collaborations and strategic partnerships with local players are likely to boost the revenue from 2022 to 2032.
Many manufacturing companies are playing a key role in the Curcuma longa (turmeric) root extract market growth.
Some of the key players holding a sway over the Curcuma longa (turmeric) root extract market share include The Lubrizol Corporation, FLAVEX Naturextrakte GmbH, GfN & Selco, Evonik Nutrition & Care GmbH, Radiant Inc., Chemyunion, Salicylates and Chemicals Pvt Ltd., and others.
| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 8.5% from 2022 to 2030 |
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Product type, end use, material type, region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | The Lubrizol Corporation; FLAVEX Naturextrakte GmbH; GfN & Selco; Evonik Nutrition & Care GmbH; Radiant Inc.; Chemyunion; Salicylates and Chemicals Pvt. Ltd.; and others |
| Customization scope | Free report customization (equivalent to up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The Curcuma longa (Turmeric) root extract market is anticipated to register a CAGR of 8.5% during the forecast period.
The Curcuma longa (turmeric) root extract market share is anticipated to reach US$ 178.32 million by 2032.
The Curcuma longa (turmeric) root extract market is predicted to rise significantly as consumer knowledge of its medicinal potential grows.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Type, 2022-2032
5.3.1. Organic Curcuma Longa (Turmeric) Root Extract
5.3.2. Natural Curcuma Longa (Turmeric) Root Extract
5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
6. Global Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
6.3.1. Pharmaceutical Industry
6.3.2. Personal Care Industry
6.3.3. Food and Beverage Industry
6.3.4. Other Applications
6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
6.5. Absolute $ Opportunity Analysis By Application, 2022-2032
7. Global Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Application
9.4. Key Takeaways
10. Europe Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Russia
10.2.1.7. Rest of Europe
10.2.2. By Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. India
11.2.1.4. South Korea
11.2.1.5. Australia
11.2.1.6. Rest of APAC
11.2.2. By Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Application
11.4. Key Takeaways
12. MEA Curcuma Longa (Turmeric) Root Extract Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. South Africa
12.2.1.2. Saudi Arabia
12.2.1.3. UAE
12.2.1.4. Israel
12.2.1.5. Rest of MEA
12.2.2. By Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Curcuma Longa (Turmeric) Root Extract Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Type
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Type
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Type
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Type
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Type
13.5.2.2. By Application
13.6. U.K.
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Type
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Type
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Type
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Type
13.9.2.2. By Application
13.10. Russia
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Type
13.10.2.2. By Application
13.11. China
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Type
13.11.2.2. By Application
13.12. Japan
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Type
13.12.2.2. By Application
13.13. India
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Type
13.13.2.2. By Application
13.14. South Korea
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Type
13.14.2.2. By Application
13.15. Australia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Type
13.15.2.2. By Application
13.16. South Africa
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Type
13.16.2.2. By Application
13.17. Saudi Arabia
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Type
13.17.2.2. By Application
13.18. UAE
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Type
13.18.2.2. By Application
13.19. Israel
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Type
13.19.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. The Lubrizol Corporation
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. FLAVEX Naturextrakte GmbH
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. GfN & Selco
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Evonik Nutrition & Care GmbH
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Radiant Inc.
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Chemyunion
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Salicylates and Chemicals Pvt. Ltd.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Curcuma Longa (Turmeric) Root Extract Market
