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Turmeric oleoresin is one type of spice oleoresin which is a pureturmeric (Curcuma longa) extract. Turmeric oleoresin contains flavorcomponents same as in the spice and has around 5 to 15% of curcuminin the oleoresin. Rapidly increasing demand for packaged spices infood products has forced to increase the production of turmericoleoresins. Turmeric oleoresin is widely used as a flavoring agent inthe food industry.

However, recent trends show a shifting focus towards other majoroleoresin and spice producing countries such as China, Indonesia,Vietnam, Cambodia, Sri Lanka and Myanmar. This is mainly due toavailability of raw material at lower price tags, low manufacturingcosts and favorable taxation scenario in these regions.Region-wise,the global TurmericOleoresin Market is segmented into North America, Europe,Asia Pacific, Middle East, and Africa. Asia Pacific is expected toretain its dominance in the global market throughout the forecastperiod, owing to the growing markets for turmeric oleoresin incountries such as India, China, and Brazil. India currently accountsfor over 65% share of the total oleoresin and spice oils productionglobally.

 

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