The Curcuma Oleoresin Price Trends: An Overview of the Industry Landscape
Curcuma Oleoresin, derived from the Curcuma Longa plant, directly mirrors the price trends of its source. H1 2023 presented a varied landscape for Curcuma Oleoresin. Initially, heightened demand due to its immune-boosting properties led to increased turmeric cultivation. However, subsequent decreased demand resulted in price declines until mid-Q2. Unexpected rains damaged stored turmeric, affecting supply, and consequently, Curcuma Oleoresin prices surged. These fluctuations characterized market sentiments overall.
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Definition
Curcuma Oleoresin is a natural extract derived from the Curcuma Longa plant, commonly known as turmeric. It is obtained through solvent extraction and contains the essential components of turmeric, including curcuminoids and volatile oils. Curcuma Oleoresin is known for its vibrant yellow color and is used in the food, pharmaceutical, and cosmetic industries for its flavor, color, and potential health benefits.
Key Details About the Curcuma Oleoresin Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Curcuma Oleoresin in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Curcuma Oleoresin Prices, including India Curcuma Oleoresin price, USA Curcuma Oleoresin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Curcuma Oleoresin Price Trends:
Curcuma Oleoresin finds extensive industrial applications due to its diverse properties. It is utilized as a natural food coloring agent, adding a vibrant yellow hue to various food products. In the pharmaceutical and cosmetic industries, it is valued for its potential health benefits and is incorporated into supplements, skincare products, and aromatherapy due to its aromatic and curcuminoid-rich composition.
Key Players:
- Synthite Industries Ltd
- Akay Group Ltd
- Universal Oleoresins
- Kancor Ingredients Limited
- BOS Natural Flavours (P) Limited
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