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 : April, 2020 | Food and Beverages | PPT format

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.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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