Market Overview:
The global turmeric formulas market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of turmeric and its derivatives among consumers, and also the rising demand for natural ingredients in dietary supplements and functional foods. The global turmeric formulas market is segmented on the basis of type, application, and region. On the basis of type, it is divided into solids, capsules, veggie capsules, tablets, and others (powders/granules). Capsules are expected to be one of the fastest-growing segments during the forecast period owing to their ease of use and portability. By application, it is segmented into digestive issues such as constipation & diarrhea; menstrual problems such as PMS & cramps; arthritis; infections such as colds & flu; jaundice; coughs; rheumatic pains etc. Digestive issues are estimated to account for a major share in terms of applications due to high prevalence rates across all regions studied in this research study.
Product Definition:
Turmeric Formulas are a blend of turmeric powder and other herbs and spices. They can be used to make tea, or added to food. Turmeric is a spice that has been used for centuries in traditional medicine. It is thought to have many health benefits, including reducing inflammation and pain, and improving liver function.
Solids:
Solids is the pure form of turmeric powder or oil. It has been used in traditional medicines to treat various skin diseases and inflammation. Turmeric solid is a light yellow colored crystalline powder, which contains curcuminoids that are responsible for its therapeutic effect on human health.
Turmeric solid works as anti-inflammatory agent by suppressing the production of cytokines (interleukin). Cytokines are proteins produced by immune cells to communicate with each other.
Capsules:
Capsules are small containers made from gelatin that is used to deliver active ingredients in pharmaceutical formulations. The most commonly used type of capsule for delivering turmeric oil or powder is the enteric coated capsules. These capsules allow the ingredients to release slowly in the stomach and ensure that it is well absorbed by the body.
The advantages of using capsules include protection of sensitive ingredient and easy swallowing as compared to tablets or other forms, which makes them a preferred choice among manufacturers.
Application Insights:
The application segment includes digestive issues, menopausal problems, arthritis, infections, jaundice and coughs. Turmeric is considered as a ¢â‚¬Å“natural antibiotic¢â‚¬ owing to its high concentration of curcuminoids. It has been used for the treatment of bacterial infections for centuries in Eastern countries due to its antibacterial property. In addition, it is being studied as an alternative treatment option for chronic diseases such as cancer and diabetes due to its anti-inflammatory and antioxidant properties.
Turmeric formulas are widely used in the prevention of various health issues including osteoporosis (weak bones), heart disease (high cholesterol level), macular degeneration (retinal detachment), Alzheimer¢â‚¬â„¢s disease & Parkinson's disease due to their anti-inflammatory & antioxidant properties which help maintain brain health & function properly throughout life.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand, especially in countries such as India and China. Rising disposable income levels coupled with growing consumer awareness regarding nutritional products are some of the factors driving market growth in this region. In addition, increasing foreign direct investments by various companies are contributing towards market growth.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of turmeric
- Growing popularity of turmeric-based supplements and functional foods
- Proliferation of online retail channels that offer a wide range of turmeric formulations
- Increasing research on the therapeutic potentials of turmeric
Scope Of The Report
Report Attributes
Report Details
Report Title
Turmeric Formulas Market Research Report
By Type
Solids, Capsules, Veggie Capsules, Tablets
By Application
Digestive issues, Menstrual problems, Arthritis, Infections, Jaundice, Coughs, Rheumatic pains
By Companies
21st Century, California Gold Nutrition, Organic India, Gaia Herbs, Youtheory, Now Foods, MegaFood, Natural Factors, Solaray, Planetary Herbals
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Turmeric Formulas Market Report Segments:
The global Turmeric Formulas market is segmented on the basis of:
Types
Solids, Capsules, Veggie Capsules, Tablets
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
Digestive issues, Menstrual problems, Arthritis, Infections, Jaundice, Coughs, Rheumatic pains
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:
- 21st Century
- California Gold Nutrition
- Organic India
- Gaia Herbs
- Youtheory
- Now Foods
- MegaFood
- Natural Factors
- Solaray
- Planetary Herbals
Highlights of The Turmeric Formulas 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:
- Solids
- Capsules
- Veggie Capsules
- Tablets
- By Application:
- Digestive issues
- Menstrual problems
- Arthritis
- Infections
- Jaundice
- Coughs
- Rheumatic pains
- 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 Turmeric Formulas 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?
Turmeric formulas are a type of supplement that contain turmeric and other ingredients. These supplements are designed to help improve the health of the body.
Some of the major players in the turmeric formulas market are 21st Century, California Gold Nutrition, Organic India, Gaia Herbs, Youtheory, Now Foods, MegaFood, Natural Factors, Solaray, Planetary Herbals.
The turmeric formulas 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 Turmeric Formulas 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 Turmeric Formulas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Turmeric Formulas 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 Turmeric Formulas 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 Turmeric Formulas Market Size & Forecast, 2018-2028
4.5.1 Turmeric Formulas Market Size and Y-o-Y Growth
4.5.2 Turmeric Formulas Market Absolute $ Opportunity
Chapter 5 Global Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Type
5.2.1 Solids
5.2.2 Capsules
5.2.3 Veggie Capsules
5.2.4 Tablets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Applications
6.2.1 Digestive issues
6.2.2 Menstrual problems
6.2.3 Arthritis
6.2.4 Infections
6.2.5 Jaundice
6.2.6 Coughs
6.2.7 Rheumatic pains
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Turmeric Formulas 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 Turmeric Formulas 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 Turmeric Formulas Analysis and Forecast
9.1 Introduction
9.2 North America Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Type
9.6.1 Solids
9.6.2 Capsules
9.6.3 Veggie Capsules
9.6.4 Tablets
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 Turmeric Formulas Market Size Forecast by Applications
9.10.1 Digestive issues
9.10.2 Menstrual problems
9.10.3 Arthritis
9.10.4 Infections
9.10.5 Jaundice
9.10.6 Coughs
9.10.7 Rheumatic pains
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 Turmeric Formulas Analysis and Forecast
10.1 Introduction
10.2 Europe Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Type
10.6.1 Solids
10.6.2 Capsules
10.6.3 Veggie Capsules
10.6.4 Tablets
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 Turmeric Formulas Market Size Forecast by Applications
10.10.1 Digestive issues
10.10.2 Menstrual problems
10.10.3 Arthritis
10.10.4 Infections
10.10.5 Jaundice
10.10.6 Coughs
10.10.7 Rheumatic pains
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 Turmeric Formulas Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Type
11.6.1 Solids
11.6.2 Capsules
11.6.3 Veggie Capsules
11.6.4 Tablets
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 Turmeric Formulas Market Size Forecast by Applications
11.10.1 Digestive issues
11.10.2 Menstrual problems
11.10.3 Arthritis
11.10.4 Infections
11.10.5 Jaundice
11.10.6 Coughs
11.10.7 Rheumatic pains
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 Turmeric Formulas Analysis and Forecast
12.1 Introduction
12.2 Latin America Turmeric Formulas 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 Turmeric Formulas Market Size Forecast by Type
12.6.1 Solids
12.6.2 Capsules
12.6.3 Veggie Capsules
12.6.4 Tablets
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 Turmeric Formulas Market Size Forecast by Applications
12.10.1 Digestive issues
12.10.2 Menstrual problems
12.10.3 Arthritis
12.10.4 Infections
12.10.5 Jaundice
12.10.6 Coughs
12.10.7 Rheumatic pains
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) Turmeric Formulas Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Turmeric Formulas 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) Turmeric Formulas Market Size Forecast by Type
13.6.1 Solids
13.6.2 Capsules
13.6.3 Veggie Capsules
13.6.4 Tablets
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) Turmeric Formulas Market Size Forecast by Applications
13.10.1 Digestive issues
13.10.2 Menstrual problems
13.10.3 Arthritis
13.10.4 Infections
13.10.5 Jaundice
13.10.6 Coughs
13.10.7 Rheumatic pains
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 Turmeric Formulas Market: Competitive Dashboard
14.2 Global Turmeric Formulas Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 21st Century
14.3.2 California Gold Nutrition
14.3.3 Organic India
14.3.4 Gaia Herbs
14.3.5 Youtheory
14.3.6 Now Foods
14.3.7 MegaFood
14.3.8 Natural Factors
14.3.9 Solaray
14.3.10 Planetary Herbals
