Global Turmeric Market Projected to Touch 1,696,519.8 MT by 2027

May 3rd 2019 at 12:14 AM

MRRSE has come up with a new report titled “Turmeric Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017 – 2027)” that tracks the performance of the global turmeric market for the period of 10-years. Through an extensive research, our analysts have studied how the different market dynamics are likely to impact the current and future scenario of the global turmeric market, thereby providing useful insights to market players to plan their differentiating strategies, capable of evolving with the changing market landscape. We have analysed the key trends, drivers, restraints and opportunities while studying this report. Impact analysis of key growth drivers and restraints based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.

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The report has indicated the segment wise definition of the market along with its overall scenario in the assessment period. The publication focuses on to identify opportunities in the market and present updates and insights, pertaining to the various segments of the global turmeric market. While researching this report, market splits have been deduced from a survey and primary research. This report provides historical data of 2012-2016 along with forecast from 2017 to 2025 in terms of revenue (US$ Dollar). Indian turmeric market is has been covered extensively in this report with state wise overview of the global turmeric market.

We have attempted to assess the market share of various companies pertaining to turmeric market. The market share is estimated on the basis of sales of turmeric across the globe. Various resources referred including company annual reports, investor presentations, analyst presentations, and company press releases. The outcome has been triangulated with distributors, retailers and industry experts across the value chain.

Our approach in studying the global turmeric market

  • We have strong research and development base for this report
  • We have considered an availability of location specific high production technologies - integrated pest management (IPM) and Integrated nutrient management (INM)
  • The weaknesses such as stagnant productivity, high contaminants, price instability, lack of connectivity and lack of effective transfer of technology were taken in to consideration while examining the global market for turmeric
  • We have also identified the threats such as international competition, patenting, food and bio safety issues and climate change
  • Protected cultivation, urban cultivation and off-season cultivation are some of the opportunities which are taken into consideration while inspecting this market

The forecast presented in this report assesses the total revenue of the global turmeric market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of the market, the analysts have triangulated the outcome on the basis of analysis based on supply and demand sides. The report also takes into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the global turmeric market. As previously highlighted, the global market for turmeric is split into various categories. All these segments have been analysed in terms of basis point share to understand segmental contribution to overall market growth. This detailed level of information is important to identify various key trends in the global turmeric market.

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