Turmeric is a strongly flavoured golden-coloured spice that is made from the roots of the plant. Turmeric belongs to the ginger family and is a perennial plant, best grown in tropical or subtropical regions.
Scientific name: Curcuma longa
Health benefits of Turmeric
Turmeric has many uses such as a herbal supplement, food colouring, food flavouring and even a cosmetic supplement. In recent years, turmeric, with its active compound curcumin has also gained its status as a superfood due to its anti-inflammatory and antioxidant properties. Many cultures around the world have used turmeric for centuries with an innate understanding of many of the benefits it provides.
Find out more about the health benefits of Tumeric here
Market potential of Turmeric
The global curcumin market is projected to experience continuous high growth rates due to enhanced health consciousness which has increased the demand for natural & organic curcumin supplements. Rising demand for organic-based foods and innovations in pharmaceutical & skincare products using curcumin have also supplemented the growth of the global curcumin market. It is expected to see further growth as consumer awareness regarding its therapeutic properties increases.
Vendo’s View on Turmeric’s potential
We find turmeric to be a beneficial product with strong commercial value. However, like many crops, it is subjected to price fluctuations due to speculation. With many articles now discussing the benefits of turmeric, there might be a spike in interest for turmeric products. Vendo advises all farmers, importers and exporters to practice caution when investing in turmeric, as the market has yet to fully mature and the continued growth potential of the market is to be determined.
If you are a turmeric farmer, start selling your products on Vendo.
If you are looking for turmeric & its products on Vendo, you can find them on Vendo via these links: