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

  • Report ID: GMI12376
  • Published Date: Nov 2024
  • Report Format: PDF

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 oleoresin, a concentrated extract from turmeric containing essential oils, resins, and curcuminoids (primarily curcumin), is gaining traction in various industries. According to the United States Department of Agriculture (USDA), India, the world's largest producer of turmeric, exported 136,000 metric tons of turmeric and turmeric products in 2020-2021, indicating a significant global demand.
 

Turmeric Oleoresin Market

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The extract is widely used in food and beverages as a natural coloring and flavoring agent, in pharmaceuticals for its anti-inflammatory and antioxidant properties, and in cosmetics for skincare benefits. The U.S. Food and Drug Administration (FDA) recognizes turmeric oleoresin as a Generally Recognized as Safe (GRAS) substance, further supporting its use in food applications. Market growth is driven by increasing demand for natural ingredients, the rising popularity of functional foods, and expanding applications in nutraceuticals.
 

The National Center for Complementary and Integrative Health (NCCIH) reports ongoing clinical trials investigating turmeric's potential health benefits, which could further boost market demand. Opportunities in the turmeric oleoresin market include developing innovative formulations for health supplements and catering to clean-label, organic, and sustainable product trends, aligning with the growing consumer preference for natural and plant-based ingredients as reported by the USDA's Economic Research Service.
 

Turmeric Oleoresin Market Trends

The turmeric oleoresin industry is experiencing significant growth, driven by increasing consumer demand for natural and clean-label ingredients across various industries. According to the United Nations Food and Agriculture Organization (FAO), global turmeric production reached 2.1 million tonnes in 2021, with India accounting for about 80% of the total production. The U.S. Food and Drug Administration (FDA) reports a rise in turmeric-based dietary supplement products, from 119 in 2012 to over 400 in 2021, indicating growing consumer interest in turmeric's health benefits.
 

The European Food Safety Authority (EFSA) has recognized turmeric's potential health claims, further boosting its market growth. The National Center for Complementary and Integrative Health (NCCIH) reports that turmeric was among the top 15 natural products used by adults in the United States in 2021. These trends, combined with advancements in extraction technologies and a focus on sustainable sourcing, are expected to drive the market's expansion in the coming years.
 

Turmeric Oleoresin Market Analysis

The turmeric oleoresin industry demonstrated strong growth in 2021 and 2022. India, a key exporter, shipped 13,500 metric tons of turmeric oleoresin in 2021-22, valued at approximately USD 45 million, according to the Indian Spices Board. The United States Department of Agriculture (USDA) reported a 32% increase in U.S. turmeric imports between 2021 and 2022, indicating rising demand across various sectors. In Europe, the European Food Safety Authority (EFSA) maintained turmeric extract's approval as a food additive (E 100).
 

The China Chamber of Commerce of Medicines & Health Products Importers & Exporters recorded an 18% annual increase in turmeric oleoresin imports from 2021 to 2022. Furthermore, the Indian Ministry of Commerce and Industry reported a 15% rise in organic turmeric exports in 2021-22. These figures underscore the market's robust growth, driven by demand for natural colorants and flavorings, interest in turmeric's health properties, and trends in organic and sustainable sourcing practices.
 

Turmeric Oleoresin Market Size, By Product Type, 2021 - 2034 (USD Million)
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The turmeric oleoresin market for liquid segment held over USD 47.2 million in 2024, growing at a CAGR of over 5.4% during the forecast period. Liquid turmeric oleoresin is gaining traction across various industries due to its concentrated potency and ease of application. In the food and beverage sector, it serves as a natural colorant and flavoring agent, particularly suitable for liquid formulations.
 

The pharmaceutical and nutraceutical industries utilize their anti-inflammatory and antioxidant properties in health supplements, topical treatments, and functional foods. The cosmetic industry incorporates it into skincare products for its soothing and anti-aging benefits. As demand for natural and organic ingredients rises, liquid turmeric oleoresin is poised for growth in both mainstream and niche markets globally.
 

Turmeric Oleoresin Market Revenue Share, By Extraction Process, (2024)
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The solvent extraction segment from turmeric oleoresin market was valued at USD 51.2 million in 2024 and garner a 5.4% CAGR from 2025 to 2034. Solvent extraction remains the primary method for producing turmeric oleoresin due to its effectiveness in yielding high concentrations of curcuminoids and essential oils. This technique's cost-efficiency and suitability for large-scale production make it the industry standard.
 

The application of solvent extraction is growing as industries demand high-quality, concentrated extracts for food, pharmaceutical, and cosmetic uses. Although interest in alternative methods like supercritical CO? extraction is increasing, solvent extraction maintains its dominance, especially in regions such as Asia-Pacific where cost-effectiveness and scalability are crucial considerations.
 

The turmeric oleoresin market share from the food & beverages segment is anticipated to experience around 5.2% CAGR during 2025-2034 with a market size of USD 31.4 million in 2024. The food and beverage industry presents substantial opportunities for turmeric oleoresin, primarily as a natural colorant and flavoring agent. Consumer demand for clean-label, chemical-free, and natural ingredients has increased its use in processed foods, sauces, soups, snacks, and beverages such as health drinks and teas.
 

Turmeric oleoresin's antioxidant and anti-inflammatory properties make it popular in functional and fortified foods targeting health-conscious consumers. The trend towards plant-based and organic products further expands its applications. As health and wellness become consumer priorities, the food and beverage industry continue to incorporate turmeric oleoresin in innovative product formulations.
 

Direct sales segment size dominated around USD 23.4 million in 2024 and garner a 5.1% CAGR through 2034. The direct sales channel plays a crucial role in the turmeric oleoresin market, particularly for bulk purchasers such as food manufacturers, nutraceutical companies, and pharmaceutical firms. This channel enables producers to establish long-term contracts and provide customized solutions to large clients who require consistent quality and supply. Direct sales are especially beneficial for businesses aiming to maintain transparency in sourcing, which is increasingly vital for clean-label and organic certifications.
 

As the demand for natural ingredients continues to rise, direct sales facilitate stronger supplier-customer relationships, streamline distribution processes, and reduce intermediary costs. This approach ultimately enhances profitability for both producers and buyers in the market.
 

China Turmeric Oleoresin Market Size, 2021- 2034 (USD Million)
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The China turmeric oleoresin market size held over USD 5.3 million in 2024 and expected to grow at a 5.1% CAGR till 2034, driven by increasing consumer awareness of turmeric's health benefits, including its anti-inflammatory and antioxidant properties. The food and beverage industry's demand for natural food colorants and flavour enhancers is contributing to the market's expansion. Furthermore, the pharmaceutical and nutraceutical sectors are increasingly incorporating turmeric oleoresin into dietary supplements and wellness products.
 

Government support for herbal products and the growing preference for organic and clean-label ingredients are bolstering market prospects. The expansion of e-commerce platforms is creating new opportunities for producers to reach consumers directly and efficiently, further stimulating market growth.
 

Turmeric Oleoresin Market Share

Turmeric Oleoresin Market Company Share, (2024)

Companies in the turmeric oleoresin industry are using several strategies to stay competitive. They are creating new products that appeal to health-conscious consumers who want natural ingredients. These companies are also partnering with food, beverage, and pharmaceutical firms to sell their products more widely. They are investing in research to improve how they make their products and to increase quality.
 

Many are focusing on sustainable and organic sourcing to meet consumer demand for eco-friendly options. Lastly, they are running marketing campaigns to teach consumers about the health benefits and uses of turmeric oleoresin, which helps increase demand for their products.
 

Turmeric Oleoresin Market Companies

Major players operating in the turmeric oleoresin industry are:

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

Turmeric Oleoresin Industry News

  • In April 2023, Akay formed a successful partnership with Oterra, the leading global supplier of natural colors, known for its extensive portfolio in the industry. This collaboration enhances Oterra's backward integration, particularly in turmeric and paprika.
     

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

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of turmeric oleoresin reached USD 79.3 million in 2024 and is set to grow at a 5.7% CAGR from 2025 to 2034, driven by increasing consumer awareness of turmeric's health benefits.
The solvent extraction segment was valued at USD 51.2 million in 2024 and is anticipated to grow at a 5.4% CAGR from 2025 to 2034, owing to its efficiency in yielding high concentrations of curcuminoids and essential oils.
The China market was valued at over USD 5.3 million in 2024 and is expected to expand at a 5.1% CAGR until 2034, driven by increasing consumer awareness of turmeric's health benefits.
The key players in the industry include Asian Oleoresin Company, DDW The Color House, Indo-World, Kancor Ingredients Limited, Nikita Extracts, Ozone Naturals, Synthite Industries Ltd, Universal Oleoresins, and Vidya Herbs Pvt. Ltd.

Turmeric Oleoresin Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 9
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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