Global Turmeric Market 2017-2021

NEW YORK, March 28, 2017 /PRNewswire/ -- About Turmeric

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. According to the University of Maryland Medical Center (UMCC), turmeric has been utilized for the preparation of food as well as medicines for over 4,000 years. Currently, in international cuisine, it is widely used for food coloring and seasoning or as a preservative.

Technavio's analysts forecast the global turmeric market to grow at a CAGR of 6.4% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global turmeric market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of turmeric as an ingredient in the different areas of applications – food and beverages, pharmaceuticals, and other areas.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

Technavio's report, Global Turmeric Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Earth Expo Company
- ITC Spices
- Nani Agro Foods
- RK

Other prominent vendors
- Everest Spices
- Gandhi Spices
- Grover Sons
- Green Earth Products
- MDH Spices
- Shalimar Food Products
- Sino-Nature
- Taj Agro International

Market driver
- Rise in number of product line extensions with turmeric as functional ingredient.
- For a full, detailed list, view our report

Market challenge
- Threats associated with adverse weather conditions and climatic uncertainties.
- For a full, detailed list, view our report

Market trend
- Continuous product innovation with turmeric as an ingredient in food and beverage sector.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04796756-summary/view-report.html

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