PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639222
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639222
Turmeric Oleoresin Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Turmeric Oleoresin Market was valued at USD 79.3 million in 2024 and is expected to grow at a CAGR of 5.7% between 2025 and 2034. Turmeric oleoresin, a concentrated extract rich in curcuminoids, essential oils, and resins, is increasingly popular across diverse industries. With rising consumer interest in natural and plant-based products, the demand for turmeric oleoresin is expanding, particularly in health supplements, food and beverage applications, and cosmetics. Clean-label and sustainable product trends are further fueling this market growth.
The liquid turmeric oleoresin segment dominated the market in 2024, generating USD 47.2 million and projected to grow at a CAGR of 5.4% through 2034. Its ease of use and high potency make it a preferred choice in food and beverage applications, especially in liquid formulations. As a natural colorant and flavor enhancer, it meets the growing demand for organic and chemical-free alternatives, appealing to health-conscious consumers.
Solvent extraction remains the most widely adopted method in turmeric oleoresin production, valued at USD 51.2 million in 2024 and anticipated to grow at a CAGR of 5.4% over the forecast period. This technique is recognized for its efficiency in extracting high concentrations of curcuminoids and essential oils, making it a cost-effective solution for large-scale production. Its consistent yield and reliability further solidify its status as the industry standard.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $79.3 Million |
| Forecast Value | $137 Million |
| CAGR | 5.7% |
China turmeric oleoresin market, valued at USD 5.3 million in 2024, is expected to expand at a CAGR of 5.1% by 2034. Growing awareness about turmeric's health benefits, such as its anti-inflammatory and antioxidant properties, is driving market growth in the region. The demand for natural food colorants and flavor enhancers in the food and beverage sector is a significant contributor. Additionally, the pharmaceutical and nutraceutical industries are increasingly incorporating turmeric oleoresin into wellness and dietary products to cater to the rising health-conscious consumer base.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increasing consumer awareness of the health benefits of turmeric
- 3.6.1.2 Shift towards natural and clean-label products in food, beverages, and cosmetics
- 3.6.1.3 Growing consumer preference for sustainably sourced and organic products
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Fluctuations in the prices of raw turmeric
- 3.6.2.2 Competition from synthetic alternatives
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2034 (USD Million) (Kilo Tons)
- 5.1 Key trends
- 5.2 Liquid
- 5.3 Powder
Chapter 6 Market Estimates & Forecast, By Extraction Process, 2021-2034 (USD Million) (Kilo Tons)
- 6.1 Key trends
- 6.2 Solvent extraction
- 6.3 Supercritical fluid extraction
Chapter 7 Market Estimates & Forecast, By Application, 2021-2034 (USD Million) (Kilo Tons)
- 7.1 Key trends
- 7.2 Food & beverages
- 7.3 Pharmaceuticals
- 7.4 Cosmetics & personal care
- 7.5 Nutraceuticals
- 7.6 Dyes
Chapter 8 Market Estimates & Forecast, By Distribution Channel, 2021-2034 (USD Million) (Kilo Tons)
- 8.1 Key trends
- 8.2 Direct sales
- 8.3 Supermarkets/hypermarkets
- 8.4 Specialty stores
- 8.5 Online retail
Chapter 9 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Kilo Tons)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
Chapter 10 Company Profiles
- 10.1 Asian Oleoresin Company
- 10.2 DDW The Color House
- 10.3 Indo-World
- 10.4 Kancor Ingredients Limited
- 10.5 Nikita Extracts
- 10.6 Ozone Naturals
- 10.7 Synthite Industries Ltd
- 10.8 Universal Oleoresins
- 10.9 Vidya Herbs Pvt. Ltd.
