Global Turmeric Spices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Industrial, Health & Personal Care Products, Commercial, and Household.

By Type;

Raw and Processed.

By Distribution Channel;

Direct Sales and Indirect Sales.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn494712522 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Turmeric Spices Market (USD Million), 2021 - 2031

In the year 2024, the Global Turmeric Spices Market was valued at USD 542.98 million. The size of this market is expected to increase to USD 871.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The growth of the Turmeric Spice Market is driven by increasing demand across food, pharmaceutical, cosmetic, and other applications globally. The report offers insights into lucrative opportunities at the country level, detailing market segments, trends, regions, and commercial developments for key players worldwide from 2023 to 2030.

It provides a comprehensive analysis using both quantitative and qualitative data, considering factors like product pricing, market penetration, GDP impact, and dynamics of related markets. The report is structured into segments focusing on market perspectives such as end-use industries and product types, aiming to provide a detailed market analysis from various angles.

Key sections include market outlook, competitive landscape, and company profiles, detailing market evolution, growth drivers, constraints, opportunities, and challenges. It incorporates frameworks like Porter’s Five Forces, macroeconomic and value chain analyses, and pricing trends, shaping the current market landscape and future projections. The report highlights internal market factors (drivers and restraints) and external factors (opportunities and challenges) influencing market dynamics, alongside emerging trends driving business growth and investment prospects.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Turmeric Spices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing popularity of ethnic cuisines
        2. Use in medicinal food supplements
      2. Restraints
        1. Quality concerns
        2. Limited scientific evidence
      3. Opportunities
        1. Product innovation
        2. Expansion into new markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Turmeric Spices Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial
      2. Health and Personal Care Products
      3. Commercial
      4. Household
    2. Global Turmeric Spices Market, By Type, 2021 - 2031 (USD Million)
      1. Raw
      2. Processed
    3. Global Turmeric Spices Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Indirect Sales
    4. Global Turmeric Spices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Chr. Hansen Holding A/S
      2. Sabinsa
      3. Synthite Industries Ltd
      4. Everest Spices
      5. ITC Limited,
      6. KANCOR
      7. Roha Dyechem Private Limited
      8. Kalsec Inc
  7. Analyst Views
  8. Future Outlook of the Market