Leading Players in the Coleus and Turmeric Market: Top 10 Companies
Added: (Tue Sep 26 2023)
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The Coleus and Turmeric Market is on an upward trajectory, projected to reach a staggering $6.9 billion by 2027, with a robust Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. This phenomenal growth is attributed to several key factors driving demand in this sector.
The increasing popularity of coleus forskolin in the sports nutrition industry, coupled with the rising consumption of weight loss supplements, has significantly contributed to this market's expansion. Consumers are increasingly seeking natural products, a trend that aligns with the global demand for holistic wellness solutions. Additionally, the thriving Ayurveda sector is bolstering the market's prospects, with more individuals turning to traditional herbal remedies.
Government initiatives promoting natural products and the growing emphasis on curcumin research and development are poised to create lucrative opportunities for manufacturers in the coleus and turmeric market. However, it's essential to acknowledge that potential hurdles exist, including health complications associated with excessive intake and the adverse effects of climate change.
Top 10 Companies Making Waves in the Coleus and Turmeric Market: https://meticulousblog.org/top-10-companies-in-coleus-and-turmeric-market/
1. Wacker Chemie AG – A global chemical company with a wide range of specialty chemical products, including highly bioavailable curcumin powder.
2. Ambe Phytoextracts Pvt. Ltd. – A leader in manufacturing herbal extracts, nutraceuticals, and oleoresins with a strong commitment to quality and certifications.
3. OmniActive Health Technologies – A pharmaceutical company offering premium natural ingredients, including turmeric and coleus products.
4. Natural Remedies – A botanical healthcare company known for standardized herbal extracts and branded ingredients like Turmacin.
5. Herbochem – An herbal extracts company supplying plant extracts, phytochemicals, and herb powders to various industries.
6. Inventia Healthcare Ltd. – A company specializing in solid oral drug delivery systems and offering turmeric products through its nutraceuticals segment.
7. Sabinsa Corporation – A manufacturer and supplier of herbal extracts, cosmeceuticals, minerals, and specialty chemicals with a strong global presence.
8. Star Hi Herbs Pvt. Ltd. – A manufacturer and exporter of standardized herbal extracts with a wide product range and certifications.
9. Arjuna Natural Pvt. Ltd. – A manufacturer of standardized botanical extracts, including turmeric products, with a robust research and development unit.
10. Plant Lipids Pvt. Ltd. – A producer of natural essential oils, oleoresins, and spices, offering a diverse range of products.
Top 10 Companies Making Waves in the Coleus and Turmeric Market: https://meticulousblog.org/top-10-companies-in-coleus-and-turmeric-market/
This remarkable growth in the Coleus and Turmeric Market aligns with the findings of Meticulous Research, which predicts a 14.2% growth during the forecast year 2020-2027.
For in-depth insights into each of these market leaders, including their recent financial performance, key products, strategies, and partnerships, refer to Meticulous Research's authoritative report, "Global Opportunity Analysis and Industry Forecast for the Coleus and Turmeric Market (2020-2027)."
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