Market Overview:
The global coleus and turmeric market is expected to register a CAGR of 6.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for coleus and turmeric in food and beverage applications, pharmaceutical and health supplements, cosmetics, and other applications. North America is expected to dominate the global coleus and turmeric market in terms of revenue share during the forecast period. Asia Pacific is projected to be the fastest growing region for coleus and turmeric during the forecast period.
Product Definition:
Coleus is a genus of plants in the family Lamiaceae, first described as a genus in 1792. It is native to Africa, Asia, and Australia.
In traditional medicine, extracts from Coleus are used to treat respiratory problems such as asthma and bronchitis. In Ayurveda, it is considered a cooling spice that helps reduce inflammation and pain.
Turmeric (Curcuma longa) is a rhizomatous herbaceous perennial plant of the ginger family Zingiberaceae whose rhizome has been used in India for thousands of years as a dye, flavoring agent, food preservative , or folk medicine remedy for various health conditions . The extract of its dried rootstock is called curcuminoids and constitutes up to 3% by weight of turmeric powder.
Coleus Forskohlii Extract:
Coleus forskohlii extract is a plant used in traditional medicines to treat inflammation, pain, and fever. The active compounds present in the plant are known as forskolin. It has been found effective against cancer cells which have similar cell membranes as human cells but with fewer genes and more mRNA ( messenger RNA).
Turmeric Powder:
Turmeric powder is a spice that contains the ground spices derived from the turmeric plant. Turmeric has been used as an important medicinal herb for thousands of years in South Asia and East Europe regions. The modern use of turmeric powder is to add flavor to food products, such as curries and other sauces or just by itself as a seasoning ingredient.
Application Insights:
Food and beverages was the largest application segment in 2017, accounting for over 50.0% share of the global revenue. The product is widely used as a functional ingredient in various food products such as sauces, salad dressings, soups and stews, chocolates and sweets to improve their taste as well as provide health benefits.
Turmeric has been traditionally used in Indian cuisine for centuries owing to its strong flavor and aroma. It is added to many foods on a daily basis due to its medicinal properties; these include reducing inflammation of joints & muscles (rheumatoid arthritis), improving digestion (gut health issues), boosting metabolism (weight loss), preventing cancer by destroying viruses & bacteria that cause cancer (viral infections & bacterial infection).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to rising consumer awareness regarding health and well-being, coupled with an increasing number of product launches in the U.S., Canada, and Mexico. For instance, in September 2016, IFF signed distribution agreement with Bio Nutrition for Turmeric extract for dietary supplements; whereas In October 2016, Branded Natural Group launched turmeric extracts under brand name ‘Curcumin’in U.S., which is manufactured by Ittles Ltd.
Asia Pacific is anticipated to register significant growth during the forecast period owing to high demand from countries such as China and India where population suffers from chronic diseases such as cancer.
Growth Factors:
- Increasing demand for herbal supplements and nutraceuticals: The global market for herbal supplements is projected to grow at a CAGR of 6.5% from 2016 to 2021. This growth can be attributed to the increasing awareness about the health benefits of herbs and their growing use in traditional medicine.
- Rising consumer demand for natural ingredients: There is a growing trend among consumers worldwide toward using natural ingredients in food products and cosmetics. This trend is driven by concerns about the potential health risks associated with synthetic additives and chemicals present in many processed foods and cosmetics products.
- Growing popularity of plant-based diets: A plant-based diet is one that emphasizes eating whole, unprocessed plants as opposed to meat or other animal products. The popularity of plant-based diets has been rising steadily in recent years, as more people become aware of the health benefits associated with them.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coleus and Turmeric Market Research Report
By Type
Coleus Forskohlii Extract, Turmeric Powder, Turmeric Extract, Branded Turmeric
By Application
Food and Beverages, Pharmaceutical and Health Supplements, Cosmetics, Other
By Companies
Wacker Chemie AG, Ambe Phytoextracts Pvt Ltd., OmniActive Health Technologies Limited, Natural Remedies, Herbochem, Inventia Healthcare Limited, Sabinsa Corporation, Star Hi Herbs Pvt Ltd., Arjuna Natural Pvt Ltd., Plant Lipids Private Limited, Wacker Chemie AG, Indena S.p.A., Olive Lifesciences Pvt Ltd, Alchem International Pvt. Ltd., Sanat Products Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Coleus and Turmeric Market Report Segments:
The global Coleus and Turmeric market is segmented on the basis of:
Types
Coleus Forskohlii Extract, Turmeric Powder, Turmeric Extract, Branded Turmeric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Pharmaceutical and Health Supplements, Cosmetics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wacker Chemie AG
- Ambe Phytoextracts Pvt Ltd.
- OmniActive Health Technologies Limited
- Natural Remedies
- Herbochem
- Inventia Healthcare Limited
- Sabinsa Corporation
- Star Hi Herbs Pvt Ltd.
- Arjuna Natural Pvt Ltd.
- Plant Lipids Private Limited
- Wacker Chemie AG
- Indena S.p.A.
- Olive Lifesciences Pvt Ltd
- Alchem International Pvt. Ltd.
- Sanat Products Ltd.
Highlights of The Coleus and Turmeric Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coleus Forskohlii Extract
- Turmeric Powder
- Turmeric Extract
- Branded Turmeric
- By Application:
- Food and Beverages
- Pharmaceutical and Health Supplements
- Cosmetics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coleus and Turmeric Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coleus is a genus of about 60 species of flowering plants in the family Coleaceae. The most common species is coleus africanus, which is also known as African rosemary. Turmeric (Curcuma longa) is a tropical plant that grows to 1u20132 m tall and has aromatic roots used for cooking and dyeing.
Some of the major companies in the coleus and turmeric market are Wacker Chemie AG, Ambe Phytoextracts Pvt Ltd., OmniActive Health Technologies Limited, Natural Remedies, Herbochem, Inventia Healthcare Limited, Sabinsa Corporation, Star Hi Herbs Pvt Ltd., Arjuna Natural Pvt Ltd., Plant Lipids Private Limited, Wacker Chemie AG, Indena S.p.A., Olive Lifesciences Pvt Ltd, Alchem International Pvt. Ltd., Sanat Products Ltd..
The coleus and turmeric market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coleus and Turmeric Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coleus and Turmeric Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coleus and Turmeric Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coleus and Turmeric Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coleus and Turmeric Market Size & Forecast, 2018-2028
4.5.1 Coleus and Turmeric Market Size and Y-o-Y Growth
4.5.2 Coleus and Turmeric Market Absolute $ Opportunity
Chapter 5 Global Coleus and Turmeric Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coleus and Turmeric Market Size Forecast by Type
5.2.1 Coleus Forskohlii Extract
5.2.2 Turmeric Powder
5.2.3 Turmeric Extract
5.2.4 Branded Turmeric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coleus and Turmeric Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coleus and Turmeric Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceutical and Health Supplements
6.2.3 Cosmetics
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coleus and Turmeric Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coleus and Turmeric Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coleus and Turmeric Analysis and Forecast
9.1 Introduction
9.2 North America Coleus and Turmeric Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coleus and Turmeric Market Size Forecast by Type
9.6.1 Coleus Forskohlii Extract
9.6.2 Turmeric Powder
9.6.3 Turmeric Extract
9.6.4 Branded Turmeric
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coleus and Turmeric Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceutical and Health Supplements
9.10.3 Cosmetics
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coleus and Turmeric Analysis and Forecast
10.1 Introduction
10.2 Europe Coleus and Turmeric Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coleus and Turmeric Market Size Forecast by Type
10.6.1 Coleus Forskohlii Extract
10.6.2 Turmeric Powder
10.6.3 Turmeric Extract
10.6.4 Branded Turmeric
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coleus and Turmeric Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceutical and Health Supplements
10.10.3 Cosmetics
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coleus and Turmeric Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coleus and Turmeric Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coleus and Turmeric Market Size Forecast by Type
11.6.1 Coleus Forskohlii Extract
11.6.2 Turmeric Powder
11.6.3 Turmeric Extract
11.6.4 Branded Turmeric
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coleus and Turmeric Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceutical and Health Supplements
11.10.3 Cosmetics
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coleus and Turmeric Analysis and Forecast
12.1 Introduction
12.2 Latin America Coleus and Turmeric Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coleus and Turmeric Market Size Forecast by Type
12.6.1 Coleus Forskohlii Extract
12.6.2 Turmeric Powder
12.6.3 Turmeric Extract
12.6.4 Branded Turmeric
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coleus and Turmeric Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceutical and Health Supplements
12.10.3 Cosmetics
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coleus and Turmeric Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coleus and Turmeric Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coleus and Turmeric Market Size Forecast by Type
13.6.1 Coleus Forskohlii Extract
13.6.2 Turmeric Powder
13.6.3 Turmeric Extract
13.6.4 Branded Turmeric
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coleus and Turmeric Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceutical and Health Supplements
13.10.3 Cosmetics
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coleus and Turmeric Market: Competitive Dashboard
14.2 Global Coleus and Turmeric Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wacker Chemie AG
14.3.2 Ambe Phytoextracts Pvt Ltd.
14.3.3 OmniActive Health Technologies Limited
14.3.4 Natural Remedies
14.3.5 Herbochem
14.3.6 Inventia Healthcare Limited
14.3.7 Sabinsa Corporation
14.3.8 Star Hi Herbs Pvt Ltd.
14.3.9 Arjuna Natural Pvt Ltd.
14.3.10 Plant Lipids Private Limited
14.3.11 Wacker Chemie AG
14.3.12 Indena S.p.A.
14.3.13 Olive Lifesciences Pvt Ltd
14.3.14 Alchem International Pvt. Ltd.
14.3.15 Sanat Products Ltd.
