Turmeric Market Size and Share

Turmeric Market (2025 - 2030)
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Turmeric Market Analysis by Mordor Intelligence

The turmeric market size is valued at USD 3.4 billion in 2025 and anticipated to reach USD 4.3 billion by 2030, exhibiting a CAGR of 5.0%. The market growth is supported by Asia-Pacific's extensive cultivation infrastructure, North America's emphasis on premium organic turmeric, and Europe's stringent residue regulations that ensure traceable supply chains. Government initiatives continue to enhance production efficiency, while the increasing adoption of curcumin in nutraceuticals and natural colorants drives market expansion. The integration of blockchain technology for supply chain verification, combined with premium pricing for certified sustainable products, is compelling exporters to enhance their logistics and agricultural practices. Market competition continues to intensify as suppliers strive to comply with pesticide regulations and maintain quality standards for pharmaceutical and textile applications.

Key Report Takeaways

  • By geography, Asia-Pacific dominated the turmeric market with an 82% share in 2024. North America exhibited the highest growth rate, with a CAGR of 5.5% projected through 2030.

Geography Analysis

Asia-Pacific held 82% of the turmeric market share in 2024. India's five-year production expansion plan focuses on high-yield varieties, drip irrigation, and mechanized cleaning units. Bangladesh, Thailand, Vietnam, and Indonesia are increasing cultivation areas due to favorable climate conditions and government support. While China maintains significant production volumes, leaf spot disease outbreaks affect export quality, creating opportunities for other regional suppliers. Processors in the region are adopting steam sterilization methods to meet European residue requirements and maintain access to premium markets.

North America exhibits the highest regional growth rate at 5.5% CAGR through 2030. U.S. turmeric imports increased from USD 14 million in 2013 to USD 51 million in 2023, with India supplying 70%. Florida and Georgia's domestic production is reducing import dependency, supported by USDA grants and farm-gate prices ranging from USD 2-4 per pound. Local producers market their turmeric as fresh and ethically produced for natural food retailers. The Canadian Food Inspection Agency's annual 10,000-sample residue testing program influences import practices, prompting processors to implement pre-market testing and cleaning procedures.

Europe shows increasing demand for organic and traceable turmeric supplies. The Netherlands reported turmeric exports of USD 14.37 million in 2024, functioning as a key distribution hub despite limited domestic production.[4]World Bank DataBank, “Netherlands Turmeric Export Statistics 2024,” worldbank.orgThe region maintains strict pesticide residue limits of 0.01 mg/kg, necessitating third-party laboratory verification in supply chains. Germany and France lead European consumption growth, while the United Kingdom implements stricter import controls following carcinogen-related incidents. The fashion industry's demand for turmeric-based dyes creates additional market opportunities, allowing suppliers to expand beyond food applications and capture specialized market segments.

Market Analysis of Turmeric Market: Forecasted Growth Rate by Region
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Recent Industry Developments

  • January 2025: The Union Ministry inaugurated India’s National Turmeric Board, setting a target of 2 million metric tons of production within five years.
  • August 2024: The Turmeric Co. deployed a science-based product strategy to rival leading sports nutrition brands.
  • April 2024: Ducol Organics and Colours Limited began commercial operations at its new Mahad, Maharashtra plant to expand turmeric-derived pigment capacity.

Table of Contents for Turmeric Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Global Demand for Natural Functional Ingredients
    • 4.2.2 Expanding Curcumin Use in Nutraceuticals and Pharma
    • 4.2.3 Government Pushes to Boost Production and Exports
    • 4.2.4 Premiumization of Organic and Sustainably-Certified Rhizomes
    • 4.2.5 Blockchain-Based Farm-to-Fork Traceability Premiums
    • 4.2.6 Emerging Demand from the Natural Textile-Dyeing Industry
  • 4.3 Market Restraints
    • 4.3.1 Monsoon-Linked Price volatility
    • 4.3.2 Stringent Pesticide-Residue Compliance Barriers
    • 4.3.3 Soil Fatigue and Disease Outbreaks in Intensive Clusters
    • 4.3.4 Competition from Lab-Fermented Synthetic Curcumin
  • 4.4 Value/Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 PESTLE Analysis

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.2 Europe
    • 5.1.2.1 Spain
    • 5.1.2.2 United Kingdom
    • 5.1.2.3 France
    • 5.1.2.4 Germany
    • 5.1.2.5 Netherlands
    • 5.1.2.6 Russia
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 China
    • 5.1.3.2 India
    • 5.1.3.3 Japan
    • 5.1.3.4 Australia
    • 5.1.3.5 Bangladesh
    • 5.1.3.6 Thailand
    • 5.1.3.7 Vietnam
    • 5.1.3.8 Indonesia
    • 5.1.4 South America
    • 5.1.4.1 Brazil
    • 5.1.4.2 Peru
    • 5.1.5 Middle East
    • 5.1.5.1 Turkey
    • 5.1.5.2 United Arab Emirates
    • 5.1.6 Africa
    • 5.1.6.1 South Africa
    • 5.1.6.2 Nigeria

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 ITC Limited
    • 6.1.2 Olam Food Ingredients (ofi)
    • 6.1.3 Jabs International Pvt. Ltd.
    • 6.1.4 Everest Food Products Pvt. Ltd.
    • 6.1.5 AVT Natural Products Ltd.
    • 6.1.6 Akay Natural Ingredients Ltd. (Oterra)
    • 6.1.7 Synthite Industries Pvt. Ltd.
    • 6.1.8 Mane Kancor Ingredients Private Limited
    • 6.1.9 Sabinsa Corporation
    • 6.1.10 Omniactive Health Technologies Ltd.
    • 6.1.11 Givaudan S.A.
    • 6.1.12 Nani Agrofoods Private Limited
    • 6.1.13 PT Javagri Agro Indonesia
    • 6.1.14 Prorich Agro Pvt Ltd

7. Market Opportunities and Future Outlook

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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

According to Mordor Intelligence, our study defines the global turmeric market as the total farm-gate and wholesale value, and the corresponding metric-ton volume, of raw rhizome and processed forms, including powder, oil, and oleoresin, supplied to food, beverage, cosmetic, household, and light industrial channels in a calendar year.

Scope exclusion: The analysis leaves out chemically synthesized curcumin isolates and finished dietary supplement capsules or tablets.

Segmentation Overview

  • By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • North America
      • United States
      • Canada
    • Europe
      • Spain
      • United Kingdom
      • France
      • Germany
      • Netherlands
      • Russia
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • Bangladesh
      • Thailand
      • Vietnam
      • Indonesia
    • South America
      • Brazil
      • Peru
    • Middle East
      • Turkey
      • United Arab Emirates
    • Africa
      • South Africa
      • Nigeria

Detailed Research Methodology and Data Validation

Primary Research

Structured interviews with growers, traders, bulk processors, food formulators, and nutraceutical buyers in India, the United States, Germany, and Nigeria helped clarify yield swings, contract prices, organic premia, and demand pivots that are poorly documented in public records. Follow-up surveys with logistics agents and spice-blend manufacturers allowed Mordor analysts to fine-tune trade flow assumptions and cross-check self-reported volumes.

Desk Research

Our analysts first assembled multi-year output, acreage, yield, and export-price series from tier-1 sources such as FAOSTAT, the Spices Board India crop bulletins, ITC Trade Map customs data, Eurostat Comext, and USDA FAS country notes. These datasets anchor supply, trade, and pricing baselines across regions. Company 10-Ks, investor presentations, respected news reports, Codex residue limits, and paid snapshots from D&B Hoovers then enriched cost spreads, channel mix, and processor margins. The sources named are illustrative and not exhaustive; dozens of additional public and fee-based references supported data collection and validation.

Market-Sizing & Forecasting

We reconstruct global demand through a top-down production and trade build, which is subsequently cross-checked with bottom-up processor roll-ups and sampled average selling price by form. Key inputs include planted acreage trends, average field yield, farm-gate and FOB prices, organic share, functional-food product launch counts, and tariff shifts. Forecasts draw on multivariate regression with scenario overlays for monsoon variability and health and wellness spending indices. Where processor data are missing, gap filling relies on regional channel feedback plus price-volume elasticity benchmarks agreed during primary research.

Data Validation & Update Cycle

Model outputs pass variance checks against independent trade tallies and wholesale price series, followed by multi-analyst review. Reports refresh annually, with interim updates triggered by material events such as major crop failures or new residue limits. A final pre-publication sweep ensures clients receive the most current view.

Why Mordor's Turmeric Baseline Earns Decision-Maker Confidence

Published figures often diverge because firms pick different product boundaries, price anchors, and refresh cadences. Our disciplined scope, dual-approach modeling, and yearly field checks narrow those gaps for executives who need dependable numbers.

Key gap drivers include inconsistent inclusion of industrial uses, varying treatment of supplement sales, and price averaging methods that overlook wholesale to retail spreads. Mordor's model adjusts each lever transparently and revisits it every year, which lifts comparability across regions and over time.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 3.40 B (2025) Mordor Intelligence -
USD 3.43 B (2024) Global Consultancy A Omits industrial non-culinary volumes and extends growth through simple linear interpolation without trade validation
USD 4.77 B (2023) Trade Journal B Combines turmeric supplements and oleoresins under one heading and uses a single averaged price assumption
USD 5.86 B (2024) Tech Insights C Builds estimate from retail shelf scans only and applies a uniform CAGR across all regions

In summary, cross-firm figures vary mainly because of scope creep, single-source pricing, or sparse refresh cycles. Mordor's balanced, variable-rich approach delivers a transparent baseline that can be traced back to clear data points and repeatable steps, giving stakeholders a firm foundation for planning.

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Key Questions Answered in the Report

What is the current value of the turmeric market?

The turmeric market is valued at USD 3.4 billion in 2025 and is projected to rise to USD 4.3 billion by 2030.

Which region leads global turmeric production?

Asia-Pacific, led by India, accounts for 82% of supply and holds the largest turmeric market share.

Why are organic turmeric prices higher?

Certified organic rhizomes command up to 45% premiums because consumers value pesticide-free, traceable produce and because certification costs raise farm expenditure.

What drives turmeric demand in nutraceuticals?

Curcumin’s anti-inflammatory and antioxidant properties, combined with improved bioavailability technologies, have lifted United States supplement sales to USD 151.7 million.

How does blockchain influence the raw turmeric market?

Blockchain systems create transparent farm-to-fork records, boosting buyer confidence, reducing rejection risks, and enabling suppliers to earn traceability premiums.

What are the main restraints to market growth?

Monsoon-linked price swings, stringent pesticide rules in Europe and the United States, soil-borne diseases, and competition from lab-fermented curcumin can temper market expansion.

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