Turmeric - Global Strategic Business Report

The global market for Turmeric was estimated at US$282.7 Million in 2024 and is projected to reach US$399.6 Million by 2030, growing at a CAGR of 5.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Turmeric market.

Global Turmeric Market - Key Trends & Drivers Summarized

Why Is Turmeric Gaining Global Popularity?

Turmeric, a vibrant yellow spice derived from the Curcuma longa plant, has gained global popularity due to its culinary, medicinal, and cosmetic applications. Known for its distinctive flavor and color, turmeric is a staple in many traditional cuisines, particularly in South Asia. Its active compound, curcumin, is renowned for its anti-inflammatory, antioxidant, and antimicrobial properties, making it a valuable ingredient in traditional and modern medicine. The growing awareness of the health benefits associated with turmeric has significantly increased its demand in the global market, spanning food and beverage, pharmaceuticals, and personal care industries.

What Technological Innovations Are Shaping the Turmeric Industry?

Technological advancements have greatly impacted the turmeric industry, enhancing production, processing, and extraction methods. Innovations in agricultural practices, such as the use of precision farming and organic cultivation techniques, have improved the yield and quality of turmeric crops. Advanced processing technologies, including supercritical fluid extraction and nanoencapsulation, have enabled the production of high-purity curcumin extracts with enhanced bioavailability. The integration of modern packaging solutions and quality control measures ensures the preservation of turmeric’s active compounds and extends its shelf life. Additionally, developments in biotechnology are paving the way for genetically optimized turmeric varieties with higher curcumin content and improved resistance to pests and diseases.

Why Is There an Increasing Demand for Turmeric Across Various Sectors?

The demand for turmeric is increasing across various sectors, including food and beverage, pharmaceuticals, and personal care. In the food and beverage industry, turmeric is widely used as a natural colorant and flavor enhancer in a variety of products, from curries and sauces to beverages and snacks. The pharmaceutical industry leverages turmeric’s therapeutic properties to develop supplements and functional foods aimed at promoting health and wellness. In the personal care sector, turmeric is a popular ingredient in skincare and cosmetic products due to its antioxidant and anti-inflammatory benefits. The rising consumer preference for natural and organic products further drives the demand for turmeric in these sectors.

What Are the Key Growth Drivers in the Turmeric Market?

The growth in the turmeric market is driven by several factors. The increasing consumer awareness of the health benefits associated with turmeric and its active compound, curcumin, is a primary driver. The growing trend towards natural and organic products in the food, pharmaceutical, and personal care industries significantly boosts market demand. Technological advancements that enhance the extraction and bioavailability of curcumin also contribute to market growth. Additionally, the expanding use of turmeric in new and innovative applications, such as functional foods, dietary supplements, and natural cosmetics, further propels the market. The rising disposable incomes and changing consumer lifestyles, particularly in developing regions, also play a crucial role in driving the demand for turmeric-based products.

SCOPE OF STUDY:

The report analyzes the Turmeric market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: End-Use (Food & Beverage, Pharmaceuticals, Other End-Uses)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Food & Beverage segment, which is expected to reach US$270.1 Million by 2030 with a CAGR of a 5.7%. The Pharmaceuticals segment is also set to grow at 6.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $74.8 Million in 2024, and China, forecasted to grow at an impressive 9.5% CAGR to reach $90.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Turmeric Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Turmeric Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Turmeric Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as allLocal, Ambika Global Foods & Beverages PrivateLimited, Arjuna Natural Pvt. Ltd., Asian Traders Limited, Australian Brushware Corporation Pty Ltd. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 28 companies featured in this Turmeric market report include:

• allLocal
• Ambika Global Foods & Beverages PrivateLimited
• Arjuna Natural Pvt. Ltd.
• Asian Traders Limited
• Australian Brushware Corporation Pty Ltd.
• Bengong`s Tea Australia Pty Limited
• Bikaji Foods International Limited
• Bisignano
• Blue Moose of Boulder
• Canada Trade Pioneers Inc

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.