Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Turmeric Finger Market by Type (Organic, Conventional), By Application (Condiment, Spices, Dye) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Turmeric Finger Market by Type (Organic, Conventional), By Application (Condiment, Spices, Dye) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139783 3300 Agriculture 377 235 Pages 4.8 (49)
                                          

Market Overview:


The global turmeric finger market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for organic turmeric finger across the globe. Additionally, rising awareness about the health benefits of consuming organic food products is also propelling the growth of this market. On the basis of type, organic turmeric finger is projected to be a faster-growing segment during the forecast period as compared to conventional turmeric finger. This can be attributed to growing consumer preference for organic food products over their conventionally grown counterparts due to various health benefits associated with them such as lower toxicity levels and environmental impact. Based on application, condiments are estimated account for a larger share in terms value in 2018 and it is projected that this trend would continue throughout 2030 owing higher consumption rates globally coupled with rising disposable incomes across emerging economies such as India and China . However, spices are anticipated exhibit highest CAGR over 2018-2030 owing increasing demand from developed countries including U .S.


Global Turmeric Finger Industry Outlook


Product Definition:


A finger-shaped piece of rhizome from the turmeric plant, Curcuma longa, used as a spice in Indian cooking. The importance of turmeric finger is that it is a rich source of curcuminoids, which are polyphenolic compounds with antioxidant and anti-inflammatory properties.


Organic:


Organic products are derived from natural resources, which include agricultural commodities, livestock and crops. Organic products are free from harmful chemicals such as pesticides, synthetic fertilizers and growth regulators. The global organic market size was valued at USD 48.10 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of rising health consciousness among consumers across the world especially in developed economies including Germany, France and U.K.


Conventional:


Conventional Turmeric Finger is a method of processing turmeric rhizome that has been used for thousand of years in the East and South-East Asian countries. The conventional process involves solvent extraction, dry distillation, water distillation or hydrothermal liquefaction methods.


Application Insights:


The market is segmented on the basis of application into condiment, spices, and dye. Turmeric finger has a significant demand as a condiment owing to its extensive use in curries and other food preparations. It is also used as an ingredient in various dressings and sauces that are sold at fast food joints or casual restaurants. The growing popularity of turmeric among consumers seeking natural healing solutions for various health ailments will drive the product demand as a condiment over the forecast period.


Turmeric finger has been gaining popularity among consumers looking for dietary supplements owing to its ability to reduce joint pain, improve digestion, boost metabolism rate along with providing numerous anti-inflammatory benefits without any side effects or adverse reactions associated with it being an herbal medicine. These factors are expected to increase consumer awareness regarding turmeric¢â‚¬â„¢s medicinal benefits which will further fuel market growth during 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 as a result of changing food preferences and rising disposable income levels. Turmeric has been used traditionally in Asian countries for coloring, flavoring, and curing purposes. It is also used as an anti-inflammatory agent due to its high curcumin content. This trend is projected to drive industry expansion over the coming years.


Europe accounted for approximately 25% of total market share in terms of volume consumed in 2017 on account turmeric being one of the most important spices found across cuisines from Spain and Italy down through Central Europe into Eastern Europe including Russian cuisine; it's also very popular throughout Turkey along with other Middle Eastern countries such as Lebanon, Syria, Iran etc., where it's known as allambrina or dallan linoi among various other names).


Growth Factors:


  • Increasing demand for natural and organic products: The global market for natural and organic products is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth is driven by the increasing awareness among consumers about the benefits of using natural and organic products, as well as the growing number of health-conscious consumers. Turmeric finger is a naturally occurring product and hence has an advantage over synthetic ingredients in terms of consumer acceptance.
  • Rising demand from emerging markets: The Asia Pacific region is expected to be the fastest-growing market for turmeric finger during the forecast period. This growth can be attributed to rising income levels, changing lifestyles, and increasing awareness about the health benefits of turmeric finger in this region. Additionally, other emerging markets such as Latin America and Africa are also expected to offer significant growth opportunities for this market during the forecast period.
  • Growing use in food applications: Turmeric finger has various applications in food industry such as colorant, flavoring agent, preservative etc., which are driving its demand globally .The global food additives market was valued at US$ 33 billion in 2015andis projectedto reachUS$ 49 billionby 2021at a CAGRof 6%.This provides immense opportunityforthegrowthofturmerickfingermarketin thenearfuture .
  • . Rising popularity of herbal supplements: Herbal supplements are becoming increasingly popular due to their perceived safety advantages over conventional pharmaceuticals drugs.. According

Scope Of The Report

Report Attributes

Report Details

Report Title

Turmeric Finger Market Research Report

By Type

Organic, Conventional

By Application

Condiment, Spices, Dye

By Companies

Nani Agro, Vee Green Organic Life Care, MoonLite Foods Inc, AN Enterprises, Peacock International, Alobha Exim, Spectrum Food Products, Vinayak International Corporation, Chanakya Yoga And Arogya Samsta, Shree Ambey Shakti, Shubhlaxmi, Shree Sahjanand Industries, LUTA Spices, The General Corporation, Whdth Marketing, Indian Organics Exporters, Shah Ratanshi Khimji

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

235

Number of Tables & Figures

165

Customization Available

Yes, the report can be customized as per your need.


Global Turmeric Finger Market Report Segments:

The global Turmeric Finger market is segmented on the basis of:

Types

Organic, Conventional

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

Condiment, Spices, Dye

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:

  1. Nani Agro
  2. Vee Green Organic Life Care
  3. MoonLite Foods Inc
  4. AN Enterprises
  5. Peacock International
  6. Alobha Exim
  7. Spectrum Food Products
  8. Vinayak International Corporation
  9. Chanakya Yoga And Arogya Samsta
  10. Shree Ambey Shakti
  11. Shubhlaxmi
  12. Shree Sahjanand Industries
  13. LUTA Spices
  14. The General Corporation
  15. Whdth Marketing
  16. Indian Organics Exporters
  17. Shah Ratanshi Khimji

Global Turmeric Finger Market Overview


Highlights of The Turmeric Finger Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Organic
    2. Conventional
  1. By Application:

    1. Condiment
    2. Spices
    3. Dye
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Turmeric Finger 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

Global Turmeric Finger Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Turmeric finger is a condition in which the skin becomes thickened, red, and irritated. It can be caused by various factors, such as exposure to sunlight or wind.

Some of the key players operating in the turmeric finger market are Nani Agro, Vee Green Organic Life Care, MoonLite Foods Inc, AN Enterprises, Peacock International, Alobha Exim, Spectrum Food Products, Vinayak International Corporation, Chanakya Yoga And Arogya Samsta, Shree Ambey Shakti, Shubhlaxmi, Shree Sahjanand Industries, LUTA Spices, The General Corporation, Whdth Marketing, Indian Organics Exporters, Shah Ratanshi Khimji.

The turmeric finger 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 Finger 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 Finger Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Turmeric Finger Market - Supply Chain
   4.5. Global Turmeric Finger Market Forecast
      4.5.1. Turmeric Finger Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Turmeric Finger Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Turmeric Finger Market Absolute $ Opportunity

5. Global Turmeric Finger 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 Finger Market Size and Volume Forecast by Type
      5.3.1. Organic
      5.3.2. Conventional
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Turmeric Finger 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 Finger Market Size and Volume Forecast by Application
      6.3.1. Condiment
      6.3.2. Spices
      6.3.3. Dye
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Turmeric Finger 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 Finger 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 Finger 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 Finger 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 Finger Demand Share Forecast, 2019-2026

9. North America Turmeric Finger 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 Finger 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 Finger Market Size and Volume Forecast by Application
      9.4.1. Condiment
      9.4.2. Spices
      9.4.3. Dye
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Turmeric Finger Market Size and Volume Forecast by Type
      9.7.1. Organic
      9.7.2. Conventional
   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 Finger Demand Share Forecast, 2019-2026

10. Latin America Turmeric Finger 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 Finger 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 Finger Market Size and Volume Forecast by Application
      10.4.1. Condiment
      10.4.2. Spices
      10.4.3. Dye
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Turmeric Finger Market Size and Volume Forecast by Type
      10.7.1. Organic
      10.7.2. Conventional
   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 Finger Demand Share Forecast, 2019-2026

11. Europe Turmeric Finger 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 Finger 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 Finger Market Size and Volume Forecast by Application
      11.4.1. Condiment
      11.4.2. Spices
      11.4.3. Dye
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Turmeric Finger Market Size and Volume Forecast by Type
      11.7.1. Organic
      11.7.2. Conventional
   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 Finger Demand Share, 2019-2026

12. Asia Pacific Turmeric Finger 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 Finger 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 Finger Market Size and Volume Forecast by Application
      12.4.1. Condiment
      12.4.2. Spices
      12.4.3. Dye
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Turmeric Finger Market Size and Volume Forecast by Type
      12.7.1. Organic
      12.7.2. Conventional
   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 Finger Demand Share, 2019-2026

13. Middle East & Africa Turmeric Finger 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 Finger 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 Finger Market Size and Volume Forecast by Application
      13.4.1. Condiment
      13.4.2. Spices
      13.4.3. Dye
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Turmeric Finger Market Size and Volume Forecast by Type
      13.7.1. Organic
      13.7.2. Conventional
   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 Finger Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Turmeric Finger Market: Market Share Analysis
   14.2. Turmeric Finger Distributors and Customers
   14.3. Turmeric Finger Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Nani Agro
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Vee Green Organic Life Care
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. MoonLite Foods Inc
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. AN Enterprises
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Peacock International
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Alobha Exim
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Spectrum Food Products
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Vinayak International Corporation
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Chanakya Yoga And Arogya Samsta
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Shree Ambey Shakti
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Shubhlaxmi
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Shree Sahjanand Industries
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. LUTA Spices
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. The General Corporation
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Whdth Marketing
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Indian Organics Exporters
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Shah Ratanshi Khimji
         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

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