India’s turmeric exports have touched $236 million (around Rs 1,632 crore) in 2018 and North America has emerged as the most important market for the commodity, consistent with Trade Promotion Council of India (TPCI).

“We are the worldwide leaders in turmeric and North America is the most important regional marketplace for the product, at the same time as Europe is the quickest growing market,” TPCI Chairman Mohit Singla stated in a announcement.

“Turmeric ranks 1/3 inside the overall exports of spices from India,” he said.

Singh delivered that the alternative importing nations of Indian turmeric are the UAE, Iran, the US, Sri Lanka, Japan, the United Kingdom, Malaysia and South Africa.

The different countries which compete India in turmeric exports are Myanmar, Indonesia and the Netherlands, he delivered.

“India is the arena’s largest manufacturer and exporter of turmeric with exports recorded at $236 million in 2018,” he stated.

Further, he stated the growing demand of curcumin, a substance found in turmeric, within the pharmaceutical, food and cosmetic industries is a first-rate component using the boom of the spice in the global market.

He advocated that the location of turmeric as anti-cancer pharma logo can take the exports at extra heights.