Turmeric Market Size

SkyQuest Technology's Turmeric market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Turmeric Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Turmeric Market Insights

Global Turmeric Market size was valued at USD 4.29 Billion in 2023 and is poised to grow from USD 4.53 Billion in 2024 to USD 6.95 Billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

Increase in demand for natural health supplements, growing application scope of turmeric in functional foods and beverages, rise in popularity of traditional medicine, adoption of clean label and organic trends, and high use in personal care are influencing turmeric sales.

Turmeric’s widespread recognition for its anti-inflammatory, antioxidant, and immune-boosting properties is fueling its adoption in the nutraceuticals and dietary supplements industry. Turmeric is increasingly incorporated into functional foods and beverages due to its health-promoting qualities and growing consumer preference for natural ingredients. Global interest in traditional medicine systems such as Ayurveda and Traditional Chinese Medicine (TCM) is also supplementing turmeric market growth. Consumers globally are increasingly seeking natural, organic, and minimally processed ingredients, aligning perfectly with turmeric’s image as a traditional, chemical-free superfood.

On the contrary, issues with curcumin bioavailability, quality control and adulteration risks, price volatility due to agricultural dependence, and limited awareness in non-traditional markets are slated to inhibit the global turmeric market penetration across the forecast period and beyond.

REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Turmeric Market size was valued at USD 4.29 Billion in 2023 and is poised to grow from USD 4.53 Billion in 2024 to USD 6.95 Billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

Turmeric providers should focus on incorporating their offerings in nutritional and functional food products to boost their revenue generation potential. Improving the bioavailability of curcumin in turmeric is also expected to be a prime area of interest for companies as per this global turmeric market analysis. 'Biona', 'Naturex S.A.', 'Frutarom Industries Ltd.', 'Symrise AG', 'MDH Spices', 'Sabinsa Corporation', 'Universal Oleoresins', 'Ungerer & Company', 'The Archer Daniels Midland Company', 'Chr. Hansen A/S', 'Everest Spices', 'Biomax Life Sciences Ltd.', 'McCormick & Company', 'Kalsec, Inc.', 'Sensient Technologies Corporation', 'ITC Limited', 'Kancor Ingredients Limited', 'DDW The Colour House Corporation', 'BOS Natural Flavors (P) Limited', 'Roha Dyechem Pvt. Ltd.', 'Vigon International Inc.'

Turmeric’s anti-inflammatory, antimicrobial, and skin-brightening properties make it an increasingly valuable ingredient in cosmetics and personal care products. It is used in face masks, creams, cleansers, and soaps aimed at treating acne, dark spots, and skin irritation. Brands are incorporating turmeric to cater to natural, vegan, and cruelty-free trends as consumer preferences evolve. Turmeric’s appeal as a multi-functional, non-toxic ingredient is boosting the global turmeric market outlook.

Growth in Consumption of Ready-to-Drink (RTD) Turmeric Beverages: The demand for convenient, on-the-go beverages has led to the growth of ready-to-drink (RTD) turmeric. Consumers are increasingly seeking beverages that are healthy, easy to consume, and fit into their busy lifestyles. RTD turmeric comes in various flavors, often with added ingredients like honey, lemon, or matcha, making it an appealing option for health-conscious individuals. This turmeric market trend is particularly prevalent in developed regions such as Europe and North America.

Why Asia Pacific Spearheads the Global Turmeric Industry?

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Feedback From Our Clients

Global Turmeric Market
Turmeric Market

Report ID: SQMIG30H2201

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE