Market Overview:
The global turmeric capsules market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of turmeric, increasing demand for natural ingredients in food and cosmetics products, and growing popularity of ayurveda-based therapies. Based on type, the global turmeric capsules market can be segmented into pharmaceutical grade, food grade, and cosmetic grade. Pharmaceutical grade is expected to account for the largest share of the market in 2018 owing to its high purity and therapeutic properties. Based on application, the global turmeric capsules market can be segmented into food applications, pharmaceutical applications, and cosmetic applications. Food applications are expected to account for the largest share of the market in 2018 owing to rising demand for functional foods that contain natural ingredients such as turmeric.
Product Definition:
Turmeric capsules are a dietary supplement made from the powdered root of the turmeric plant. The capsules are typically taken to help improve joint health, reduce inflammation, and boost immunity.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for the highest quality of drugs and medicines. It's majorly used in compounding pharma-grade turmeric capsules. Pharmaceutical grade turmeric has been widely accepted as an effective treatment for various skin diseases, joint inflammation, and cancer among others due to its anti-inflammatory properties that help in reducing swelling & irritation along with pain relief.
It also helps reduce cholesterol levels, blood sugar levels.
Food Grade:
Food grade is the process of modifying or altering food products to enhance their nutritional value. It includes processes like adding minerals, vitamins, and other ingredients in food items. The main objective of these processes is to improve the quality and increase the value of a product without changing its basic nature. Food grade turmeric capsules are made from 100% natural turmeric extract that has been enhanced with vitamin C & E along with some other essential nutrients for overall health improvement in humans as well as animals.
Application Insights:
Turmeric capsules are majorly used in food applications owing to its bio-distribution property. It is widely used as a spice and coloring agent due to its unique properties, such as being the most prominent natural source of curcumin. Turmeric has been found to have medicinal value, which has led to increased demand from pharmaceutical and cosmetics industries over the past few years.
The growing popularity of turmeric for cosmetic application can be attributed towards its ability to impart skin with radiance and improve skin texture by reducing wrinkles caused due largely by chronic stress. The presence of essential nutrients such as vitamin C helps enhance the absorption rate of other minerals present in turmeric root, which is likely to propel market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing product demand from various end-use industries, such as food and beverage, pharmaceuticals, cosmetics. Factors such as growing population coupled with rising disposable income levels are anticipated to fuel the regional product demand in Asia Pacific.
The Middle East & Africa is projected to be one of the fastest-growing regions over the forecast period owing to high consumer awareness regarding health benefits associated with turmeric and its products along with a large aging population base that requires nutritional supplements for proper functioning of body organs. Turmeric has been traditionally used in African countries for treating various skin diseases due its anti-inflammatory properties; hence it can help treat joint problems like arthritis naturally without any harmful side effects caused by conventional drugs.
Growth Factors:
- Increasing demand for herbal supplements and natural ingredients in dietary supplements
- Rising awareness about the health benefits of turmeric capsules
- Growing popularity of Ayurveda and other traditional medicines that use turmeric as a key ingredient
- Increasing research on the health benefits of turmeric capsules, which is driving more people to include them in their diets
- The increasing number of manufacturers offering turmeric capsules, which is making them more accessible and affordable to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Turmeric Capsules Market Research Report
By Type
Pharmaceutical Grade, Food Grade, Cosmetic Grade
By Application
Food, Pharmaceuticals, Cosmetics
By Companies
Synthite Ind, Sabinsa, Indena, Biomax, K.Patel Phyto, Arjuna, Naturite, Konark, Arpan, Star Hi Herbs, Guangye Natural, Zhongda Bio
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Turmeric Capsules Market Report Segments:
The global Turmeric Capsules market is segmented on the basis of:
Types
Pharmaceutical Grade, Food Grade, Cosmetic Grade
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, Pharmaceuticals, Cosmetics
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:
- Synthite Ind
- Sabinsa
- Indena
- Biomax
- K.Patel Phyto
- Arjuna
- Naturite
- Konark
- Arpan
- Star Hi Herbs
- Guangye Natural
- Zhongda Bio
Highlights of The Turmeric Capsules 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:
- Pharmaceutical Grade
- Food Grade
- Cosmetic Grade
- By Application:
- Food
- Pharmaceuticals
- Cosmetics
- 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 Capsules 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 capsules are a dietary supplement that contain turmeric extract. They are used to treat various conditions, such as arthritis, joint pain, and inflammation.
Some of the major players in the turmeric capsules market are Synthite Ind, Sabinsa, Indena, Biomax, K.Patel Phyto, Arjuna, Naturite, Konark, Arpan, Star Hi Herbs, Guangye Natural, Zhongda Bio.
The turmeric capsules market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turmeric Capsules Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Turmeric Capsules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turmeric Capsules Market - Supply Chain
4.5. Global Turmeric Capsules Market Forecast
4.5.1. Turmeric Capsules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turmeric Capsules Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turmeric Capsules Market Absolute $ Opportunity
5. Global Turmeric Capsules Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Turmeric Capsules Market Size and Volume Forecast by Type
5.3.1. Pharmaceutical Grade
5.3.2. Food Grade
5.3.3. Cosmetic Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turmeric Capsules Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Turmeric Capsules Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Pharmaceuticals
6.3.3. Cosmetics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turmeric Capsules Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Turmeric Capsules Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Turmeric Capsules Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Turmeric Capsules Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Turmeric Capsules Demand Share Forecast, 2019-2026
9. North America Turmeric Capsules Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Turmeric Capsules Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Turmeric Capsules Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Pharmaceuticals
9.4.3. Cosmetics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turmeric Capsules Market Size and Volume Forecast by Type
9.7.1. Pharmaceutical Grade
9.7.2. Food Grade
9.7.3. Cosmetic Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Turmeric Capsules Demand Share Forecast, 2019-2026
10. Latin America Turmeric Capsules Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Turmeric Capsules Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Turmeric Capsules Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Pharmaceuticals
10.4.3. Cosmetics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turmeric Capsules Market Size and Volume Forecast by Type
10.7.1. Pharmaceutical Grade
10.7.2. Food Grade
10.7.3. Cosmetic Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Turmeric Capsules Demand Share Forecast, 2019-2026
11. Europe Turmeric Capsules Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Turmeric Capsules Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Turmeric Capsules Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Pharmaceuticals
11.4.3. Cosmetics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turmeric Capsules Market Size and Volume Forecast by Type
11.7.1. Pharmaceutical Grade
11.7.2. Food Grade
11.7.3. Cosmetic Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Turmeric Capsules Demand Share, 2019-2026
12. Asia Pacific Turmeric Capsules Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Turmeric Capsules Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Turmeric Capsules Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Pharmaceuticals
12.4.3. Cosmetics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turmeric Capsules Market Size and Volume Forecast by Type
12.7.1. Pharmaceutical Grade
12.7.2. Food Grade
12.7.3. Cosmetic Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Turmeric Capsules Demand Share, 2019-2026
13. Middle East & Africa Turmeric Capsules Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Turmeric Capsules Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Turmeric Capsules Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Pharmaceuticals
13.4.3. Cosmetics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turmeric Capsules Market Size and Volume Forecast by Type
13.7.1. Pharmaceutical Grade
13.7.2. Food Grade
13.7.3. Cosmetic Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Turmeric Capsules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turmeric Capsules Market: Market Share Analysis
14.2. Turmeric Capsules Distributors and Customers
14.3. Turmeric Capsules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Synthite Ind
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sabinsa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Indena
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biomax
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. K.Patel Phyto
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arjuna
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Naturite
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Konark
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arpan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Star Hi Herbs
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Guangye Natural
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhongda Bio
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
