Curcumin Market by Application - Global Opportunity Analysis and Industry Forecast, 2021-2027.


Posted September 13, 2021 by javeds

Curcumin Market size is projected to reach USD 105.21 Million units by 2027 from an estimated USD 50.42 Million unit in 2019, growing at a CAGR of 8.7% globally.
 
Curcumin is an active ingredient commonly derived from turmeric and ginger. Turmeric is widely consumed in Southeast Asian countries both in food and in medicinal products describing its therapeutic properties. The health benefits observed when taking the popular Ayurvedic drug curcumin and the growing consumer awareness of these benefits should gain momentum in other parts of the world during the forecast period. Curcumin has proven to have significant health benefits as well as preventing various diseases such as Alzheimer's disease, coronary heart disease and cancer. Changing consumer trends and growing awareness of the benefits of using organic and natural ingredients in medical, cosmetic and food applications should boost demand during the 2020-2027 forecast period.

Increased health awareness, the many health benefits of curcumin, and the growing need for natural and organic supplements have stimulated demand for curcumin over the past few years and thus have driven the growth of the curcumin market. In addition, factors such as healthy living, increasing demand for organic-based foods and Ayurvedic medicines, and innovations in curcumin-based medicines and skin care products are driving the growth of the global curcumin market.However, the availability of cheap food colorings and the difficulty of prescribing curcumin-based products impact the growth of the market. The inclusion of curcumin in Ayurvedic, and skin care products is expected to increase the popularity and demand for curcumin in the coming years.

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The Top Key Players include Curcumin Market:
Hindustan Mint and Agro Products Pvt Ltd., Biomaxis.com, Synthite Industries Ltd., Rosun Natural Products Pvt. Ltd., BioThrive Sciences, Herboveda India Pvt Ltd., Konark Herbals and Health Care, Arjuna Natural Pvt. Ltd., SVagro foods, Star Hi Herbs Pvt Ltd., NOW Foods., Phyto Life Sceinces Pvt. Ltd., Sabinsa, Wacker Chemic AG., The Green Labs LLC., Hebei Food Additive Co. Ltd.
The introspective market research provides an analysis of key trends in each subsection of the Global Curcumin Market Report, along with forecasts of global, regional and national growth from 2021 to 2027. Our report categorizes markets by region and application.

By type Curcumin Market segmented to:
• Powder
• Liquid
• and Others

By application Curcumin Market segmented to:
• Food and Beverages
• Medical
• Cosmetics
• Dietary Supplements
• Others.
Region and country level analysis:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
• Asia-Pacific (China, India, Japan, Southeast Asia etc.)
• South America (Brazil, Argentina etc.)
• Middle East & Africa (Saudi Arabia, South Africa etc.)

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The report is produced using a bottom-up and top-down approach to comprehensive market research and also includes information gathered through interviews with a wide range of stakeholders at the regional, national and global levels. This report provides a detailed market assessment focusing on various aspects such as drivers, constraints, opportunities, threats and progress, competitive landscape analysis, and global markets including key regional expansions.

This report details the market size, market characteristics and market growth of the curcumin industry, categorized by type, use and region of consumption of curcumin. The report also introduces players in the industry and describes key companies from an industry and marketing chain perspective.

Finally, the report provides internal and external reviews of the curcumin market, followed by the above components. This is useful if your organization or individual wants to develop their current business or enter the curcumin industry.

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Tags curcumin , curcumin market , curcumin market share
Last Updated September 13, 2021