- Report
- Western Europe Turmeric Market
Western Europe Turmeric Market
Western Europe Turmeric Market
Market Insights on Western Europe Turmeric covering sales outlook, demand forecast & up-to-date key
trends
The growing popularity of ethnic food is the new trend in
European countries
Growth of spices industry in European Union will continue to witness a growth
at a significant pace in the coming years owing to increasing popularity of
ethnic taste in the region. Presence of multicultural population in Europe and
growing trend of travelling to more and more exotic places have shifted
European consumers taste to Indian food and flavours resulting in increasing
demand for spices including turmeric.
Small scale food processors, retailers and ethic food have high presence in
developing ethnic food taste in Western Europe. However, large retailers and
multinationals are also increasingly active in this market which is increasing the
revenue share of turmeric in the global turmeric market.
Another trend observed in Western Europe is that it is a hub for herbal
products. Western Europe is considered as a second largest hub for herbal
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products as it represents a significant share in European pharmaceutical
market. France, the U.K. and Germany are considered one of the largest
importers of herbal medicines and essentials oils. Similarly, other European
countries such as Spain, Italy, the Netherlands, Great Britain and Luxembourg
have significant trade in medicinal and aromatic plants.
Growing interest in organic certified curcuma longa is the
primary revenue driving factor in the global turmeric market
Although the relative market share of organic curcuma longa is small in Europe,
demand for certified organic food supplements still continues to grow.
Certification for organic spices including curcuma longa powder