Coleus And Turmeric Market Regional Analysis

Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the coleus and turmeric market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of coleus and turmeric market across North America, South America, Europe, Asia, the Middle East, and Africa.

Coleus And Turmeric Market Regional Insights

Asia-Pacific was indeed the largest Global Coleus and Turmeric Market in 2021, followed by the Middle East and Africa, Europe, North America, and Latin America. The presence of key players, rising demand for nutritional supplements, an increasing number of health-conscious people, rising government support for coleus and turmeric cultivation, a growing medical tourism sector, and rising demand for herbal medicines all contribute to Asia-large Pacific's share.

Because of rising demand for food and nutritional supplements, rising prevalence of chronic diseases, rising health awareness, increasing number of product launches, and the expanding Ayurveda industry, North America is expected to have the highest CAGR during the forecast period. Furthermore, the presence of a plethora of premium cosmetic brands, as well as a growing consumer preference for organic ingredients like coleus and turmeric, contribute to the market's growth.

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Global Coleus And Turmeric Market size was valued at USD 5.65 billion in 2023 and is poised to grow from USD 6.11 billion in 2024 to USD 11.39 billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).

Due to the rising awareness for health, producers are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost manufacturing capacity. 'Wacker Chemie AG (Germany) ', 'Sabinsa Corporation (United States) ', 'Synthite Industries Ltd. (India) ', 'Arjuna Natural Pvt Ltd. (India) ', 'Biomax Life Sciences Ltd. (India) ', 'Herbochem (India) ', 'Natural Remedies (India) ', 'OmniActive Health Technologies Limited (India) ', 'Ambe Phytoextracts Pvt Ltd. (India) ', 'Indena S.p.A. (Italy) ', 'Plant Lipids Private Limited (India) ', 'Olive Lifesciences Pvt Ltd. (India) ', 'Alchem International Pvt. Ltd. (India) ', 'Sanat Products Ltd. (India) ', 'Pharmavit (Netherlands) ', 'Star Hi Herbs Pvt Ltd. (India) ', 'Mountain Rose Herbs (United States) ', 'Banyan Botanicals (United States) ', 'ArtNaturals (United States) ', 'Wacker Chemie AG (Germany)'

Growth in this market is being driven by rising demand for coleus forskolin in the sports nutrition industry, rising consumption of weight loss supplements, consumer demand for natural products, and the expanding Ayurveda sector. Furthermore, rising government initiatives and a greater emphasis on curcumin research and development are expected to provide market participants with lucrative opportunities.

Environmental awareness and growing emphasis on health and wellness have resulted in a widespread shift in lifestyle in recent years. This has increased demand for natural products like forskolin and turmeric. Because of rising health consciousness, consumers want to know where their food comes from and what ingredients are used to make it. Natural supplements provide a variety of health benefits. Forskolin has been used in the treatment of glaucoma. According to one study, forskolin may help relieve eye pressure, which is common in glaucoma. It has also been shown to be a safe alternative to beta blockers in glaucoma patients with asthma. Customers are willing to pay more for natural products as a result. The companies concentrate their efforts on launching innovative forskolin supplements and turmeric supplements with advanced to expand their product portfolio and increase their customer base. As a result, global consumer demand for naturally extracted turmeric and coleus products is increasing.

Asia-Pacific was indeed the largest Global Coleus and Turmeric Market in 2021, followed by the Middle East and Africa, Europe, North America, and Latin America. The presence of key players, rising demand for nutritional supplements, an increasing number of health-conscious people, rising government support for coleus and turmeric cultivation, a growing medical tourism sector, and rising demand for herbal medicines all contribute to Asia-large Pacific's share.

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Global Coleus and Turmeric Market
Coleus And Turmeric Market

Report ID: SQSG30B2011

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