Turmeric Market in India 2015-2019

Published: Aug 2015 Pages: 58 SKU: IRTNTR6680

About Turmeric 
The idea of the use of turmeric is not new in India. Turmeric has been India's golden spice for the past five centuries. This is one of those very few Indian products that are perceived to have both commercial as well as mythological significance. In almost every Indian household, turmeric is used not only in the culinary item but also as cosmetics. However, being a kharif crop, the productivity of the spice is very uncertain. In the past, the productivity has been severely hampered due to the various environmental hazards and unseasonal rainfall.

Technavio’s analysts forecast the turmeric market in India to grow at a CAGR of 0.97%, in terms of consumption, for the period of 2014-2019

Covered in this Report
This report discusses the present scenario and the future prospects of the turmeric market in India for 2015-2019. The market size is calculated by subtracting the total exports from India to other countries from the total productivity in India. In terms of category, the market is segmented into the following:
• Dry
• Fresh
• Powder
• Others (Oleoresins of Turmeric)

Technavio's report, Turmeric Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market, segmented by geography; it also provides an extensive coverage on various applications and end-uses of the product, considering both the existing market landscape and its growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market and a comment on the vendors’ product portfolios.

Key States
• Andhra Pradesh
• Karnataka
• Maharashtra
• Odisha
• Tamil Nadu

Key Vendors
• Everest Spices
• ITC Spices
• MDH Spices
• Shah Ratanshi Khimji

Other Prominent Vendors
• Allanasons 
• Dalgreen Agro 
• Dhameja Home Industries
• Gandhi Spices 
• Green Earth Products 
• Grover Sons
• Jhaveri Organic Farms
• Konark Herbals and Health Care
• Nathubhai Cooverji & Sons
• Nature & Nurture Healthcare
• P. C. Kannan
• Shalimar Food Products
• Shreenidhi Manufacturers
• Surendraray
• Vinayak International

Market Driver
• Numerous Health Benefits
• For a full, detailed list, view our report

Market Challenge
• Climatic Uncertainties
• For a full, detailed list, view our report

Market Trend
• Increase in Exports
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space and what is their portfolio matrix?
• What are the market opportunities and threats faced by the key vendors?
• What is the competitive landscape as characterized by geography?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Turmeric Production on a Global Scale
06.3 Market Size and Forecast
06.3.1 By Production
06.3.2 By Volume
06.4 Average Turmeric Price per Metric Ton
06.5 Five Forces Analysis
07. Market Segmentation by Application
08. Market Segmentation by Product
08.1 Major Traded Types
09. Distribution Network
10. Geographical Segmentation
11. Key Turmeric Importing Countries
12. Segmentation by Packaging
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
20.1 Competitive Scenario
20.2 Major vendors of the market
20.3 Other Prominent Vendors
21. Key Vendor Analysis
21.1 ITC
21.1.1 Key Facts
21.1.2 Business Overview
21.1.3 Geographical Segmentation by Revenue 2015
21.1.4 Business Strategy
21.1.5 Recent Developments
21.1.6 SWOT Analysis
21.2 Everest Spices
21.2.1 Key Facts
21.2.2 Business Overview
21.2.3 Product Categories
21.2.4 SWOT Analysis
21.3      Shah Ratanshi Khimji
21.3.1              Key Facts
21.3.2              Business Overview
21.3.3              SWOT
21.4           MDH
21.4.1           Key Facts
21.4.2           Business Overview
21.4.3           Product Categories
21.4.4              SWOT
22. Other Reports in this Series

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.

INFORMATION 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

DATA 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

REPORT 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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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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