Global turmeric market projected to reach $ 112 million by 2025

Published 2022년 4월 19일

Tridge summary

The global curcumin market is expected to grow to $112 million by 2025, driven by the natural anti-inflammatory properties of curcumin and its popularity in skincare products, particularly in Asia. India, a major producer of turmeric, contributes 80% to global production. The versatile nutritional profile of curcumin makes it beneficial for the treatment of various health conditions, and it is commonly used in dietary supplements. The state government of Telangana has initiated the Turmeric Spice Park to encourage the production of export-oriented value-added products, aiming to increase the global competitiveness of Indian turmeric.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The global curcumin market is growing rapidly and is expected to become a $ 112 million market by 2025, according to the latest study by Fairfield Market Research. India being one of the major producers of turmeric, contributes 80% to global production. Over 250,000 hectares is used for turmeric cultivation in India, with an average yield of 5646.34 kg per hectare. The important turmeric growing States in India are Telangana, Tamil Nadu, Orissa, Maharastra, Assam, Kerala, Karnataka and West Bengal. Curcumin or turmeric has been garnering exceptional popularity as an antioxidant-enriched key active ingredient in turmeric. Growing consumption of curcumin and curcumin-based products for their natural anti-inflammatory attributes are expected to drive the global curcumin market growth. As per the Fairfield market research the skincare section remains one of the key features for customer attraction as it largely leverages the naturally brightening characteristics of curcumin, ...

Source: Indoasiancommodities