Turmeric Oleoresin Market: Unraveling Growth Prospects Amidst Rising Demand for Natural Food Additives
Turmeric oleoresin is a concentrated extract obtained from the turmeric plant, scientifically known as Curcuma longa. This oleoresin is derived from the rhizomes of the turmeric plant through a process of solvent extraction, resulting in a substance rich in curcuminoids, essential oils, and other bioactive compounds. The use of turmeric oleoresin is prevalent in various industries, including food and beverages, pharmaceuticals, cosmetics, and more, owing to its versatile applications and numerous health benefits. In terms of market overview and scope, the turmeric oleoresin market has witnessed substantial growth in recent years. The increasing awareness of the health benefits associated with curcumin, the primary active component in turmeric oleoresin, has driven its demand across different industries. The market scope extends to diverse end-use sectors, where turmeric oleoresin finds applications for its antioxidant, anti-inflammatory, and antimicrobial properties. ...