Global Packaged Turmeric-based Beverages Market 2018-2022

  • Published: Jul 2018
  • Pages: 118
  • SKU: IRTNTR22533
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The global packaged turmeric-based beverages market size will grow by USD 384.66 million during 2018-2022. This industry research report provides a detailed analysis of the market based on application (health and wellness and pharmaceutical sector) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several packaged turmeric-based beverages manufacturers including Dunn's River Brands, Gaia Herbs, House Foods Group, Just-C, Numi, and Unilever.

Below are some of the key findings from these packaged turmeric-based beverages market analysis report

Global Packaged Turmeric-based Beverages Market

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Global packaged turmeric-based beverages industry overview

The health benefits of turmeric are driving the global packaged turmeric-based beverages market. The consumption of turmeric-based food and beverages is increasing around the world due to the growing awareness about its benefits. Turmeric-based products and beverages have strong anti-inflammatory properties that help in easing arthritis-induced inflammation and swelling. Moreover, curcumin, one of the active compounds in turmeric drinks, helps in reducing pain in people suffering from osteoarthritis and joint pains. Therefore, there is a significant increase in demand for packaged turmeric-based beverages which is driving market growth.

The growing influence of veganism is a key trend that is positively impacting the global packaged turmeric-based beverages market. Veganism has transformed into a lifestyle and is looked upon as a healthy diet, which is leading to the adoption and purchase of packaged turmeric-based beverages such as golden milk, juices, elixirs, and teas. This rise in the global vegan population is an opportunity for vendors to venture into the packaged turmeric-based beverage industry. Thus, the health benefits of turmeric coupled with the growing influence of veganism will drive the packaged turmeric-based beverages market at a CAGR of close to 21% during the forecast period.

Top packaged turmeric-based beverages companies covered in this report

The global packaged turmeric-based beverages market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this packaged turmeric-based beverages industry analysis report will help clients identify and design new growth strategies.

The report offers a detailed analysis of several leading packaged turmeric-based beverages companies including:

  • Dunn's River Brands
  • Gaia Herbs
  • House Foods Group
  • Just-C
  • Numi
  • Unilever

 Packaged turmeric-based beverages market segmentation based on application

  • Health and wellness
  • Pharmaceutical sector

The largest application segment of the global packaged turmeric-based beverages market in 2017 was the health and wellness segment. The market share of this segment will increase further, and it will continue to dominate the market over the next five years.

Packaged turmeric-based beverages market segmentation based on region

  • The Americas
  • APAC
  • EMEA

APAC accounted for the largest packaged turmeric-based beverages market share in 2017. This region will witness a substantial decrease in its market share over the forecast period to be replaced by the Americas as the market leader by 2022.

Key highlights of the global packaged turmeric-based beverages market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the packaged turmeric-based beverages market during the next five years
  • Precise estimation of the global packaged turmeric-based beverages market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the packaged turmeric-based beverages industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of packaged turmeric-based beverages companies

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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