Turmeric market trends, analysis, and forecast through 2030 by type (raw and processed), application (commercial, household, industrial, health and personal care products), distribution channel (direct and indirect sales), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).
Covina, 10 October 2023. (AMERICA NEWSWIRE) — For thousands of years, people have utilised the vivid yellow spice turmeric (Curcuma longa) in religious rites, food, and traditional medicine. It is a member of the ginger family (Zingiberaceae) and endemic to South Asia. Turmeric is widely recognised for its unique taste, comforting scent, and vivid hue. Curcumin is the active ingredient that gives it its colour and several health advantages.
Demand for dietary supplements and functional foods based on turmeric is being driven by growing consumer knowledge of the possible health advantages of turmeric, particularly its anti-inflammatory and antioxidant characteristics.
Cellavent introduced a turmeric ingredient in March 2023 that is made by three lactobacillus strains and is said to provide postbiotics and paraprobiotics in addition to the benefits of the plant. This unique fermentlife turmeric was made with three approved Lactobacillus strains, which produce a variety of metabolites throughout the fermentation process. In addition to the postbiotics and paraprobiotics, the component is also thought to contain a number of other bioactive chemicals, including peptides, essential oils, and saponins.
Consumer desires for clean-label and natural products are aligned with the perception of turmeric as a natural and organic component. Its application in the food and beverage sector is increasing as a result of this trend. To satisfy customers looking for natural cures and wellness goods, turmeric is added to a variety of functional meals and nutraceuticals, such as supplements and health drinks.
Due to its potential health advantages, especially its anti-inflammatory and antioxidant qualities, turmeric has become more and more popular. The market for drinks, food items, and supplements containing turmeric has been growing as people become more health conscious.
Curcumin, the main ingredient in turmeric, has been researched for its potential to treat a range of illnesses. As a result, there is now a greater awareness of and interest in turmeric-based goods among consumers, including natural cures and nutritional supplements.
Turmeric is among the natural and organic items that consumers are becoming more and more interested in. This has increased demand for turmeric that is sourced sustainably and organically, which frequently fetches high prices.
Application in the Food and Beverage Sector: Turmeric is utilised in a variety of food and beverage items as a natural food colouring and flavouring. Manufacturers find it to be an enticing ingredient due to its brilliant colour and health benefits.
Growing Global Interest in Traditional and Alternative Medicine Practises: Ayurvedic medicine heavily relies on turmeric, and traditional and alternative medicine methods are becoming more and more popular. This has raised interest in supplements and treatments including turmeric.
South Asian native Curcuma longa plant roots are used to make the spice turmeric. It is frequently used in cooking, especially in Indian and Southeast Asian cuisines, and is recognised for its vivid yellow colour.
There are several ways to eat turmeric: you can use it as a ground spice in recipes, add it to tea or other drinks, or take supplements or capsules. It is also applied in conventional medical procedures.
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