Turmeric Oleoresin Market Size - By Product Type, Extraction Process, Application, Distribution Channel Analysis, Share, Growth Forecast, 2025 - 2034

Turmeric Oleoresin Market Size

The global turmeric oleoresin market size was valued at USD 79.3 million in 2024 and is projected to expand to over 5.7% CAGR from 2025 to 2034
 

Turmeric is a multi-faceted extract which can be used in a variety of sectors, whether it is cosmetic aimed at improving skin health, food, for color and flavor or even pharmaceuticals due to its antioxidant and anti-inflammatory properties. Being FDA approved and classified as GRAS adds to the appeal of including this in food products.
 

Turmeric Oleoresin Market Trends

Clean oleoresin demand is increasing and has a good impact on the world market of turmeric. In the year of 2021, 2.1 million tons of turmeric was produced across the world, India accounting for 80% of the production. In addition, there has been a considerable increase in the dietary supplement containing turmeric by over 400 in 2021 from 119 in 2012 in the United States. This indicates that the population is becoming more aware of the health benefits of turmeric.
 

 The National Center for Complementary and Integrative Health has also pointed out that turmeric was one of the most utilized natural products in the United States from the year 2017 up until today. In addition, turmeric has shown every sign of being one of the healthiest spices as claimed by the European Food Safety Authority.
 

Turmeric Oleoresin Market Analysis

In the years 2021 and 2022, significant growth was observed in the global turmeric oleoresin industry. During the period 2021-2022, there was an Indian Spices Board data that stated that India’s exports of turmeric oleoresin reached 13,500 metric tons valued at over USD 45 million. U.S. imports grew by 32% from 2021 to 2022, according to estimates from the USDA. In Europe, EFSA European Food Safety Authority continued to allow the use of turmeric extract as an E 100 food additive.
 

In 2021 to 2022, the imports of turmeric oleoresin rose by 18%, according to the China Chamber of Commerce of Medicines & Health Products Importers & Exporters. Also, the exports of organic turmeric increased by 15% during January to February of 2021 to 2022 as per the Ministry of Commerce and Industry India. As the demand for flavorants and colorants increases, the market for the above grows.
 

Liquid segment held over USD 47.2 million in 2024. The high-level efficacy of liquid turmeric oleoresin market has increased its usage across the sectors. It is employed within food and beverage along with liquid formulations as coloring agents. In the health supplement sector, it is employed within topical agents and functional foods in order to use its anti-inflammatory and oxidative properties. In order to use its anti-ageing and calming properties, it is added to skincare cosmetics.
 

The turmeric oleoresin market from solvent extraction segment  was valued at USD 51.2 million and garner a 5.4% CAGR from 2025 to 2034. The refinement of turmeric oleoresin through solvent extraction stays the most utilized approach because of its effectiveness in extracting high volumes of curcuminoids and essential oil.
 

Food & beverages segment was valued at USD 31.4 million in 2024 and is anticipated to experience around 5.2% CAGR during 2025-2034. Within the food and beverages sector, turmeric oleoresin has the potential to be a natural color and flavoring agent. Clean label, no or fewer chemicals, and natural ingredients have now resulted in higher use of turmeric oleoresin in processed food, and beverages like soups, snacks, health drinks, and teas.
 

The direct sale segment was valued at USD 23.4 million in 2024 and garner a 5.1% CAGR through 2034. This sales channel is important in the turmeric oleoresin market, particularly for the large users of the product including food companies, nutraceutical companies or pharmaceutical companies, as it allows the producers to get longer-term contracts with such large clients that require steady quality and supply, and also customize their products for these customers.
 

The direct sales serve to strengthen the relations between suppliers and customers, reduce the length of the distribution chain, and reduce costs associated with intermediaries since the world is shifting towards natural products.
 

China turmeric oleoresin market was valued at USD 5.3 million in 2024. China market is growing due to the increasing demand of turmeric as a health product owing to its antioxidant and anti-inflammatory properties.
 

There are also changes in the market such as a government push for herbal medicine, which has caused a shift in preference toward organic and clean-label substances, all of which benefit the market. As more retailers turn to e-commerce platforms to sell directly to consumers, the market will grow.
 

Turmeric Oleoresin Market Share

In the turmeric oleoresin industry, the firms are performing fistful maneuvers so as to be on the competitive edge. They are looking into the natural ingredients consumer market and formulating products focused on health and wellness. In addition, Super Oleoresin and these companies have joined hands with food, beverage and pharmaceutical companies for improved distributions channels. There are investments made into improving quality standards and refining their production processes.
 

Turmeric Oleoresin Market Companies

Major players operating in the turmeric oleoresin industry are:

• Asian Oleoresin Company
• DDW The Color House
• Indo-World
• Kancor Ingredients
• Nikita Extracts
• Ozone Naturals
• Synthite Industries
• Universal Oleoresins
• Vidya Herbs
   

Turmeric Oleoresin Industry News

• In April 2023, Akay signed a collaboration with Oterra which is the world largest operator in natural color market with the largest portfolio in the industry.
   

This turmeric oleoresin market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

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Market, By Product Type

• Liquid
• Powder

Market, By Extraction Process

• Solvent extraction
• Supercritical fluid extraction

Market, By Application

• Food & beverages
• Pharmaceuticals
• Cosmetics & personal care
• Nutraceuticals
• Dyes

Market, By Distribution Channel

• Direct sales
• Supermarkets/hypermarkets
• Specialty stores
• Online retail

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa