Global Turmeric Supply, Demand and Key Producers, 2023-2029

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Published Date: 16 Jan 2023

Category: Food & Beverages

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

Turmeric or Curcuma longa is a rhizomatous herbaceous perennial plant that belongs to the ginger family, Zingiberaceae. Turmeric as a crop is native to Asia, and it requires temperatures between 68°F and 86°F and a considerable amount of annual rainfall to thrive. The root of the turmeric plant, also known as rhizome, is valued for its medicinal and culinary properties.

This report studies the global Turmeric production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Turmeric, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Turmeric that contribute to its increasing demand across many markets.

The global Turmeric market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Although the relative market share of organic curcuma longa is small in Europe, demand for certified organic food supplements still continues to grow. Certification for organic spices including curcuma longa powder is essential pre-requisite for marketing the product as organic especially in international markets. Organic certification is preferred by food supplements than for herbal medicine as the later cannot be labelled as organic. Food supplements usually comprises a nominal amount of Curcuma longa extracts and a much higher one of fillers, which do not require any organic certification.

Highlights and key features of the study
Global Turmeric total production and demand, 2018-2029, (K MT)
Global Turmeric total production value, 2018-2029, (USD Million)
Global Turmeric production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Turmeric consumption by region & country, CAGR, 2018-2029 & (K MT)
U.S. VS China: Turmeric domestic production, consumption, key domestic manufacturers and share
Global Turmeric production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)
Global Turmeric production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Turmeric production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)
This reports profiles key players in the global Turmeric market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Earth Expo Company, ITC Spices, Nani Agro Foods and Shah Ratanshi Khimji, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Turmeric market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Turmeric Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Turmeric Market, Segmentation by Type
Unpolished Finger
Polished Finger
Double Polished Finger
Slice Turmeric
Powder
Others

Global Turmeric Market, Segmentation by Application
Food and Beverages
Pharmaceuticals
Others

Companies Profiled:
Earth Expo Company
ITC Spices
Nani Agro Foods
Shah Ratanshi Khimji

Key Questions Answered
1. How big is the global Turmeric market?
2. What is the demand of the global Turmeric market?
3. What is the year over year growth of the global Turmeric market?
4. What is the production and production value of the global Turmeric market?
5. Who are the key producers in the global Turmeric market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Turmeric Introduction
    1.2 World Turmeric Supply & Forecast
        1.2.1 World Turmeric Production Value (2018 & 2022 & 2029)
        1.2.2 World Turmeric Production (2018-2029)
        1.2.3 World Turmeric Pricing Trends (2018-2029)
    1.3 World Turmeric Production by Region (Based on Production Site)
        1.3.1 World Turmeric Production Value by Region (2018-2029)
        1.3.2 World Turmeric Production by Region (2018-2029)
        1.3.3 World Turmeric Average Price by Region (2018-2029)
        1.3.4 North America Turmeric Production (2018-2029)
        1.3.5 Europe Turmeric Production (2018-2029)
        1.3.6 China Turmeric Production (2018-2029)
        1.3.7 Japan Turmeric Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Turmeric Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Turmeric Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Turmeric Demand (2018-2029)
    2.2 World Turmeric Consumption by Region
        2.2.1 World Turmeric Consumption by Region (2018-2023)
        2.2.2 World Turmeric Consumption Forecast by Region (2024-2029)
    2.3 United States Turmeric Consumption (2018-2029)
    2.4 China Turmeric Consumption (2018-2029)
    2.5 Europe Turmeric Consumption (2018-2029)
    2.6 Japan Turmeric Consumption (2018-2029)
    2.7 South Korea Turmeric Consumption (2018-2029)
    2.8 ASEAN Turmeric Consumption (2018-2029)
    2.9 India Turmeric Consumption (2018-2029)

3 World Turmeric Manufacturers Competitive Analysis
    3.1 World Turmeric Production Value by Manufacturer (2018-2023)
    3.2 World Turmeric Production by Manufacturer (2018-2023)
    3.3 World Turmeric Average Price by Manufacturer (2018-2023)
    3.4 Turmeric Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Turmeric Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Turmeric in 2022
        3.5.3 Global Concentration Ratios (CR8) for Turmeric in 2022
    3.6 Turmeric Market: Overall Company Footprint Analysis
        3.6.1 Turmeric Market: Region Footprint
        3.6.2 Turmeric Market: Company Product Type Footprint
        3.6.3 Turmeric Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Turmeric Production Value Comparison
        4.1.1 United States VS China: Turmeric Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Turmeric Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Turmeric Production Comparison
        4.2.1 United States VS China: Turmeric Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Turmeric Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Turmeric Consumption Comparison
        4.3.1 United States VS China: Turmeric Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Turmeric Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Turmeric Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Turmeric Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Turmeric Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Turmeric Production (2018-2023)
    4.5 China Based Turmeric Manufacturers and Market Share
        4.5.1 China Based Turmeric Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Turmeric Production Value (2018-2023)
        4.5.3 China Based Manufacturers Turmeric Production (2018-2023)
    4.6 Rest of World Based Turmeric Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Turmeric Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Turmeric Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Turmeric Production (2018-2023)

5 Market Analysis by Type
    5.1 World Turmeric Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Unpolished Finger
        5.2.2 Polished Finger
        5.2.3 Double Polished Finger
        5.2.4 Slice Turmeric
        5.2.5 Powder
        5.2.6 Others
    5.3 Market Segment by Type
        5.3.1 World Turmeric Production by Type (2018-2029)
        5.3.2 World Turmeric Production Value by Type (2018-2029)
        5.3.3 World Turmeric Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Turmeric Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Food and Beverages
        6.2.2 Pharmaceuticals
        6.2.3 Others
    6.3 Market Segment by Application
        6.3.1 World Turmeric Production by Application (2018-2029)
        6.3.2 World Turmeric Production Value by Application (2018-2029)
        6.3.3 World Turmeric Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Earth Expo Company
        7.1.1 Earth Expo Company Details
        7.1.2 Earth Expo Company Major Business
        7.1.3 Earth Expo Company Turmeric Product and Services
        7.1.4 Earth Expo Company Turmeric Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Earth Expo Company Recent Developments/Updates
        7.1.6 Earth Expo Company Competitive Strengths & Weaknesses
    7.2 ITC Spices
        7.2.1 ITC Spices Details
        7.2.2 ITC Spices Major Business
        7.2.3 ITC Spices Turmeric Product and Services
        7.2.4 ITC Spices Turmeric Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 ITC Spices Recent Developments/Updates
        7.2.6 ITC Spices Competitive Strengths & Weaknesses
    7.3 Nani Agro Foods
        7.3.1 Nani Agro Foods Details
        7.3.2 Nani Agro Foods Major Business
        7.3.3 Nani Agro Foods Turmeric Product and Services
        7.3.4 Nani Agro Foods Turmeric Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Nani Agro Foods Recent Developments/Updates
        7.3.6 Nani Agro Foods Competitive Strengths & Weaknesses
    7.4 Shah Ratanshi Khimji
        7.4.1 Shah Ratanshi Khimji Details
        7.4.2 Shah Ratanshi Khimji Major Business
        7.4.3 Shah Ratanshi Khimji Turmeric Product and Services
        7.4.4 Shah Ratanshi Khimji Turmeric Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Shah Ratanshi Khimji Recent Developments/Updates
        7.4.6 Shah Ratanshi Khimji Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Turmeric Industry Chain
    8.2 Turmeric Upstream Analysis
        8.2.1 Turmeric Core Raw Materials
        8.2.2 Main Manufacturers of Turmeric Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Turmeric Production Mode
    8.6 Turmeric Procurement Model
    8.7 Turmeric Industry Sales Model and Sales Channels
        8.7.1 Turmeric Sales Model
        8.7.2 Turmeric Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Turmeric Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Turmeric Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Turmeric Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Turmeric Production Value Market Share by Region (2018-2023)
    Table 5. World Turmeric Production Value Market Share by Region (2024-2029)
    Table 6. World Turmeric Production by Region (2018-2023) & (K MT)
    Table 7. World Turmeric Production by Region (2024-2029) & (K MT)
    Table 8. World Turmeric Production Market Share by Region (2018-2023)
    Table 9. World Turmeric Production Market Share by Region (2024-2029)
    Table 10. World Turmeric Average Price by Region (2018-2023) & (USD/MT)
    Table 11. World Turmeric Average Price by Region (2024-2029) & (USD/MT)
    Table 12. Turmeric Major Market Trends
    Table 13. World Turmeric Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K MT)
    Table 14. World Turmeric Consumption by Region (2018-2023) & (K MT)
    Table 15. World Turmeric Consumption Forecast by Region (2024-2029) & (K MT)
    Table 16. World Turmeric Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Turmeric Producers in 2022
    Table 18. World Turmeric Production by Manufacturer (2018-2023) & (K MT)
    Table 19. Production Market Share of Key Turmeric Producers in 2022
    Table 20. World Turmeric Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 21. Global Turmeric Company Evaluation Quadrant
    Table 22. World Turmeric Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Turmeric Production Site of Key Manufacturer
    Table 24. Turmeric Market: Company Product Type Footprint
    Table 25. Turmeric Market: Company Product Application Footprint
    Table 26. Turmeric Competitive Factors
    Table 27. Turmeric New Entrant and Capacity Expansion Plans
    Table 28. Turmeric Mergers & Acquisitions Activity
    Table 29. United States VS China Turmeric Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Turmeric Production Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 31. United States VS China Turmeric Consumption Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 32. United States Based Turmeric Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Turmeric Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Turmeric Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Turmeric Production (2018-2023) & (K MT)
    Table 36. United States Based Manufacturers Turmeric Production Market Share (2018-2023)
    Table 37. China Based Turmeric Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Turmeric Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Turmeric Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Turmeric Production (2018-2023) & (K MT)
    Table 41. China Based Manufacturers Turmeric Production Market Share (2018-2023)
    Table 42. Rest of World Based Turmeric Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Turmeric Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Turmeric Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Turmeric Production (2018-2023) & (K MT)
    Table 46. Rest of World Based Manufacturers Turmeric Production Market Share (2018-2023)
    Table 47. World Turmeric Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Turmeric Production by Type (2018-2023) & (K MT)
    Table 49. World Turmeric Production by Type (2024-2029) & (K MT)
    Table 50. World Turmeric Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Turmeric Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Turmeric Average Price by Type (2018-2023) & (USD/MT)
    Table 53. World Turmeric Average Price by Type (2024-2029) & (USD/MT)
    Table 54. World Turmeric Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Turmeric Production by Application (2018-2023) & (K MT)
    Table 56. World Turmeric Production by Application (2024-2029) & (K MT)
    Table 57. World Turmeric Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Turmeric Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Turmeric Average Price by Application (2018-2023) & (USD/MT)
    Table 60. World Turmeric Average Price by Application (2024-2029) & (USD/MT)
    Table 61. Earth Expo Company Basic Information, Manufacturing Base and Competitors
    Table 62. Earth Expo Company Major Business
    Table 63. Earth Expo Company Turmeric Product and Services
    Table 64. Earth Expo Company Turmeric Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Earth Expo Company Recent Developments/Updates
    Table 66. Earth Expo Company Competitive Strengths & Weaknesses
    Table 67. ITC Spices Basic Information, Manufacturing Base and Competitors
    Table 68. ITC Spices Major Business
    Table 69. ITC Spices Turmeric Product and Services
    Table 70. ITC Spices Turmeric Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. ITC Spices Recent Developments/Updates
    Table 72. ITC Spices Competitive Strengths & Weaknesses
    Table 73. Nani Agro Foods Basic Information, Manufacturing Base and Competitors
    Table 74. Nani Agro Foods Major Business
    Table 75. Nani Agro Foods Turmeric Product and Services
    Table 76. Nani Agro Foods Turmeric Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Nani Agro Foods Recent Developments/Updates
    Table 78. Shah Ratanshi Khimji Basic Information, Manufacturing Base and Competitors
    Table 79. Shah Ratanshi Khimji Major Business
    Table 80. Shah Ratanshi Khimji Turmeric Product and Services
    Table 81. Shah Ratanshi Khimji Turmeric Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 82. Global Key Players of Turmeric Upstream (Raw Materials)
    Table 83. Turmeric Typical Customers
    Table 84. Turmeric Typical Distributors
List of Figure
    Figure 1. Turmeric Picture
    Figure 2. World Turmeric Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Turmeric Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Turmeric Production (2018-2029) & (K MT)
    Figure 5. World Turmeric Average Price (2018-2029) & (USD/MT)
    Figure 6. World Turmeric Production Value Market Share by Region (2018-2029)
    Figure 7. World Turmeric Production Market Share by Region (2018-2029)
    Figure 8. North America Turmeric Production (2018-2029) & (K MT)
    Figure 9. Europe Turmeric Production (2018-2029) & (K MT)
    Figure 10. China Turmeric Production (2018-2029) & (K MT)
    Figure 11. Japan Turmeric Production (2018-2029) & (K MT)
    Figure 12. Turmeric Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Turmeric Consumption (2018-2029) & (K MT)
    Figure 15. World Turmeric Consumption Market Share by Region (2018-2029)
    Figure 16. United States Turmeric Consumption (2018-2029) & (K MT)
    Figure 17. China Turmeric Consumption (2018-2029) & (K MT)
    Figure 18. Europe Turmeric Consumption (2018-2029) & (K MT)
    Figure 19. Japan Turmeric Consumption (2018-2029) & (K MT)
    Figure 20. South Korea Turmeric Consumption (2018-2029) & (K MT)
    Figure 21. ASEAN Turmeric Consumption (2018-2029) & (K MT)
    Figure 22. India Turmeric Consumption (2018-2029) & (K MT)
    Figure 23. Producer Shipments of Turmeric by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Turmeric Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Turmeric Markets in 2022
    Figure 26. United States VS China: Turmeric Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Turmeric Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Turmeric Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Turmeric Production Market Share 2022
    Figure 30. China Based Manufacturers Turmeric Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Turmeric Production Market Share 2022
    Figure 32. World Turmeric Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Turmeric Production Value Market Share by Type in 2022
    Figure 34. Unpolished Finger
    Figure 35. Polished Finger
    Figure 36. Double Polished Finger
    Figure 37. Slice Turmeric
    Figure 38. Powder
    Figure 39. Others
    Figure 40. World Turmeric Production Market Share by Type (2018-2029)
    Figure 41. World Turmeric Production Value Market Share by Type (2018-2029)
    Figure 42. World Turmeric Average Price by Type (2018-2029) & (USD/MT)
    Figure 43. World Turmeric Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 44. World Turmeric Production Value Market Share by Application in 2022
    Figure 45. Food and Beverages
    Figure 46. Pharmaceuticals
    Figure 47. Others
    Figure 48. World Turmeric Production Market Share by Application (2018-2029)
    Figure 49. World Turmeric Production Value Market Share by Application (2018-2029)
    Figure 50. World Turmeric Average Price by Application (2018-2029) & (USD/MT)
    Figure 51. Turmeric Industry Chain
    Figure 52. Turmeric Procurement Model
    Figure 53. Turmeric Sales Model
    Figure 54. Turmeric Sales Channels, Direct Sales, and Distribution
    Figure 55. Methodology
    Figure 56. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Turmeric Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Turmeric Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Food & Beverages

According to our (Global Info Research) latest study, the global Turmeric market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

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