Curcumin Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Curcumin Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : September, 2021 | Food and Beverages

Report Digest


Global Curcumin Market: Snapshot

Curcumin is basically a bright yellow colored chemical produced by some of the plants. It is the chief curcuminiod of turmeric which is a member of the ginger clan. It is mainly sold as an herbal supplement, food coloring, food flavoring, and cosmetic supplement. The most common applications are flavoring agent for food such as beverages in turmeric flavor, food coloring, cosmetics, and dietary supplement. Curcumin is becoming extremely popular among skin care products that are sold as dyes or natural ingredients. Curcumin exhibits positive results in several drug discovery assays. Although it has been assessed in numerous clinical studies and laboratories, it has less to no medical used as established by structured clinical researches. In spite of curcumin’s mention in history as an Ayurvedic medicine, its medicinal potential still remains unapproved and is a field of active investigation.

The report examines the growth of the global curcumin market that occurred in the last over the last few years and is likely to occur in the coming years. The research publication additionally explains the causes of the fluctuations in the global market. It does this by assessing of the facets and the different trends that have been prevalent from past few years and also the aspects that are anticipated to maintain a strong impact on the market over the coming years. The Porter’s five forces analysis has been considered by analysts to present a clear picture of the vendor landscape to readers. Agreements, mergers, acquisitions, and other dealings have been further mentioned in the study. It focuses on the strategies, products, and market share along with position of the companies operating in the market.

Global Curcumin Market: Trends and Opportunities

The global market for curcumin is likely to display strong growth potential over the coming years owing to growing awareness among consumers pertaining to the presence of artificial ingredients in food, cosmetics, and medicines. Concerns regarding artificial ingredients and their side-effects has impelled manufacturers to use organic ingredients in their products. The market for curcumin is likely to be driven by the presence of anti-cancer, anti-oxidation, and anti-inflammatory properties in cosmetics and medicines. Implementation of government regulations prohibiting the use of certain chemicals is anticipated to increase the adoption of curcumin across several industries. Growing preference of consumers towards the use of herbal skin care products is further expected to benefit the market. The rising acceptance of the product in the treatment of viral infections, tumors, and arthritis is further expected to accelerate the sales of curcumin. The mounting use of curcumin in pharmaceutical applications for treating gastric ailments and diseases such as Alzheimer is expected to augment its demand over the coming years. Curcumin is expected to have high scope in the food and beverages segment, however, the availability of synthetic substitutes may hamper the market’s growth.

Global Curcumin Market: Regional Outlook

Region-wise, Europe is expected to emerge as a prominent market owing to growing consumer expenses on healthy products and regulatory compliance by food safety and pharmaceutical associations. North America is also likely to present profitable opportunities for the market’s growth owing to the growing demand for herbal treatments and applications. High usage of curcumin in Asia Pacific’s food and beverages industry is another notable factor bolstering the growth of the market.

Global Curcumin Market: Vendor Landscape

Some of the leading companies in the curcumin market are Synthite Industries, Hindustan Mint & Agro Products, SV Agrofood, Arjuna Natural Extracts, Herboveda India, Biomax Life Sciences, and Konark Herbals. Most of the companies are India based as the production of curcumin is concentrated mainly in India.

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TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?