Turmeric Powder Production, Packing and Sales; The Feasibility Report.

Turmeric is botanically called Curcuma Longa Linn and belongs to the same family (Zingiberaceae) as ginger. Turmeric is a tropical perennial plant, native to India and Indonesia and is cultivated throughout the tropics around the world. It is also known as the “golden spice of life” and is one of the most essential spices used as an important ingredient in culinary all over the world.

The active substance of turmeric (Curcuma longa), curcumin, has multiple therapeutic properties such as anti-inflammatory, antioxidant and cancer prevention. The largest turmeric producers are India, China, Indonesia, Bangladesh, Myanmar and Vietnam. India is the world’s largest producer and exporter.

India accounts for over seventy-eight percent (78%) of the annual production for turmeric. India is followed by China and Myanmar in Asia.

United Arab Emirates (UAE) is the major importer of turmeric from India accounting for eighteen percent (18%) of the total exports followed by United States of America (USA) with eight percent (8%). The other leading importers are Bangaladesh, Japan, Sri Lanka, United Kingdom, Malaysia, South Africa, Netherland and Saudi Arabia.

All these countries together account for seventy-five percent (75%) of the world imports and Asian countries are the main suppliers to the entire world. The remaining twenty-five percent (25%) is met by Europe, North America and Central and Latin American countries.

United States of America imports ninety-seven percent (97%) of its turmeric requirement from India and the remaining portion from the Islands of the Pacific and Thailand.