Market Overview

Global Packaged Turmeric-based Beverages Market to Post a CAGR of 21%| Technavio


The packaged turmeric-based beverages market is expected to post a CAGR
of nearly 21% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global packaged turmeric-based beverages ...

Technavio has published a new market research report on the global packaged turmeric-based beverages market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the health benefits of
turmeric. Turmeric-based beverages are primarily consumed due to their
impact on inflammatory diseases. Some of the health benefits associated
with turmeric are easing arthritis-induced inflammation and swelling, it
also reduces synaptic marker loss and the accumulation of amyloids
linked to the development of Alzheimer's. Turmeric also helps in cancer
prevention. Thus, with such benefits, the packaged turmeric-based market
is expected to grow steadily during the forecast period.

This market research report on the packaged
turmeric-based beverages market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the growing influence of veganism
as one of the key emerging trends in the global packaged turmeric-based
beverages market:

Global packaged turmeric-based beverages
market: growing influence of veganism

With consumers preferences shifting from the consumption of meat-based
food products to vegan food products, increasing number of consumers are
adopting vegan diets owing to the health benefits associated with the
consumption of vegan and plant-based foods. Veganism has transformed
into a lifestyle choice which is expected to have a positive impact on
the adoption and purchase of turmeric-based beverages such as golden
milk, juices, elixirs, and teas.

"The increasing number of innovative product launches had been
boosting the market since the last decade. The rise in demand for
turmeric-based food and beverages in various countries is leading
vendors to continually launch innovative products and support veganism"
a senior analyst at Technavio for research on non-alcoholic beverages.

Global packaged turmeric-based beverages:
Segmentation analysis

This market research report segments the global packaged turmeric-based
beverages market by application (health and wellness and pharmaceutical)
and geographical regions (APAC, EMEA, and the Americas).

In 2017, the APAC region dominated the market with a market share of
more than 40%, followed by the Americas and EMEA respectively. Although
the APAC region was dominating in the year 2017, the Americas is
expected to see a significant increase in its revenue due to turmeric
milk and turmeric teas experiencing high demand in the US, Mexico,
Argentina, Canada, and Brazil. In fact, the market share of the Americas
is expected to surpass that of APAC by 2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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