Curcumin Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
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.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report