Global Turmeric in Bakery Application Market By Bakery Products (Bagels, Cakes, Ice-Cream, Cookies, Muffins, Bread, Buns, Others), Product Type (Raw, Processed), Distribution Channel (Direct Sales, Indirect Sales), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Turmeric in Bakery Application Market
Turmeric in bakery application market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 8.00% in the forecast period of 2021 to 2028. The growth in awareness regarding the health benefits of turmeric and antioxidant properties of the product is escalating the growth of turmeric in bakery application market.
Turmeric refers to a spice which is extracted from the roots of Curcuma longa plant which is a member of the ginger family. The product is also known as the Indian saffron and possesses a ginger-orange aroma coupled with peppery, warm, bitter flavor. The ingredient has been used as spice and herb since centuries due its healing characteristics such as anti-oxidant and anti-inflammatory and flavoring and coloring properties.
The increase in utilization of turmeric in the bakery applications as strong coloring agent as it gives radiant color spectrum from yellow to deep orange when added to cakes or breads is one of the major factor driving the turmeric in bakery application market. Turmeric is also a natural preservative as it capable of reducing bacteria count, molds and yeasts which boosts its demand in baked foods. Turmeric consumption benefits in boosting the immune system and could be used herbal therapeutic agent in diseases such as chronic uveitis, liver ailment, small pox, urinary tract infections, chicken pox and wound healing which accelerates its use in consumed food products. The rise in the use of turmeric as flavoring agent as it gives flavor same as any other spice and the growing inclination of consumers towards natural food ingredients accelerate the market growth. Additionally, the increase in use of turmeric as an alternative for saffron in baked products because of its cheaper price positively affects the turmeric in bakery application market. Furthermore, the growth in awareness about the health benefits of the product and the growing popularity of natural or organic food ingredients extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns related with the risk of indigestion, allergies and emergence of cheaper synthetic alternatives are factors expected to obstruct the market growth. Complications with the storage of ground turmeric as they are known to be vulnerable to light and moisture are projected to challenge the turmeric in bakery application market in the forecast period of 2021-2028.
This turmeric in bakery application market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on turmeric in bakery application market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Turmeric in Bakery Application Market Scope and Market Size
Turmeric in bakery application market is segmented on the basis of bakery products, product type and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of bakery products, the turmeric in bakery application market is segmented into bagels, cakes, ice-cream, cookies, muffins, bread, buns and others.
- On the basis of product type, the turmeric in bakery application market is segmented into raw and processed.
- On the basis of distribution channel, the turmeric in bakery application market is segmented into direct sales and indirect sales.
Global Turmeric in Bakery Application Market Country Level Analysis
Turmeric in bakery application market is analyzed and market size, volume information is provided by country, bakery products, product type and distribution channel as referenced above.
The countries covered in the turmeric in bakery application market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia Pacific dominates the turmeric in bakery application market because of the high production of turmeric in the region and the prominence of turmeric grown in India across the world. The country section of the turmeric in bakery application market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Turmeric in Bakery Application Market Share Analysis
Turmeric in bakery application market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to turmeric in bakery application market.
The major players covered in the turmeric in bakery application market report are Windcrest Farm, OREGON'S WILD HARVEST, Organic Wise., Naturex, Mountain Rose Herbs, Kauai Organic Farms., HEALTHY FEELS GOOD., Spicely, Aryan International., TURMERIC AUSTRALIA, KANCOR, VIDYA HERBS., Naturite Agro Products Ltd, Synthite Industries Ltd., Shimlahills., Organic Products India., KrishnaIndia, Ozone Naturals, Suminter India Organics among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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