Global Curcumin Market Size, By Application (Pharmaceutical, Food, Cosmetics), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa), Trend Analysis, Competitive Market Share & Forecast, 2016-2026

Published:
January 2021
Report Code:
bwc20162
Available Format:
PDF PDF Icon
Pages:
178

global curcumin market size industry trends outlook report bwc20162

Global Curcumin Market Size - Industry Trends & Outlook Report 2026

 

Growing consumer mindfulness concerning the use of natural and organic constituents for medicinal & cosmetic purposes will broadcast the request for curcumin in the predicted period. Curcumin is an active compound having important health welfares and has the potential to stop several illnesses, including Alzheimer's, cancer, and heart disease. It is used in medicines due to its anti-inflammatory and antioxidant properties supporting business growth. Growing demand for additional antioxidants to reduce swelling, aging effect, and provide soothing on the skin will shift the preference towards the product. Also, it helps decrease unhappiness, control cholesterol level, and stomach sores.

 

Global Curcumin Market: Market Outlook and Trends

 

Curcumin is an active ingredient is mined from Curcuma Longa rhizome, comprising bioactive complexes with medicinal possessions such as anti-inflammatory, anti-microbial and comprise antioxidants. The product has various use in numerous businesses due to its valuable properties. Major manufacturers are trying to mix the business by connecting farming, removal, processing, and supply of the product. Further, the incredible development in research & development activities in the pharmaceutical and cosmetic segment will push the product request.

 

Global Curcumin Market

 

Growth Drivers 

 

Increasing Awareness of Natural Food Ingredients

Color is one of the initial thing customers notice about any product. However, with clean-label request dispersal across the market, colors are progressively about more than what meets the eye. Natural colors are now a buying importance for a considerable mass of the customer base, and brands (big and small) are taking notice. Customers are prepared to pay excellent prices to acquire plant products due to their health welfares. Organic turmeric is in high demand among customers looking to reap the full health welfares of turmeric’s functional possessions. There are many functionality issues with natural colors. Nevertheless, exempt (Natural) colors are supposed by customers as being less of a health hazard than the petroleum (coal-tar)-derived synthetics. Hence, manufacturers are joining them into their products to get an advantage. This is motivating the curcumin market.

 

R&D Investments Positively Influencing Curcumin Market

Inventions and technology are prominent the way towards thoughtful the full possible of old-style herbs and its belongings on health. Indian and Chinese markets with traditional Indian Ayurveda and traditional Chinese medicines have been using curcumin for a very long time. However, at present, North America is the foremost market regulatory 53% - 55% of the global curcumin market share, due to frequent continuing R&D activities dazzling the immaculate potential of curcumin in various segments like F&B, personal care, and cosmetics, pharmaceuticals, and nutraceuticals industries. Global Curcumin Association portrayed that research and scientific validation on the health welfares of curcumin has been a significant effect on the admiration of this constituent.

 

Impact of COVID-19 in industry

 

Coronavirus disease 2019 (COVID19) outbreak is a continuing epidemic caused by severe acute respiratory situation coronavirus 2 (SARSCoV2) with a considerable mortality sphere. The primary clinical manifestation of COVID19 is respiratory symptoms, but some patients develop severe circulatory and renal problems. There is an insistence on understanding the mechanism by which this virus causes difficulties in developing treatment options. Curcumin, an organic polyphenolic compound, could be a possible cure choice for patients with coronavirus illness. In this study, we check some of the potential influence of curcumin, such as inhibiting the virus's entry to the cell, inhibiting encapsulation of the virus and viral protease, and modulating various cellular motioning pathways.

 

Global Curcumin Market: Segmentation

 

By Application, pharmaceutical applications govern the global curcumin market share. Positively outlook owing to vigorous research & development is predicted to fuel the product used up to 2024. It is extensively used in ayurvedic medicines in Southeast Asian countries due to its anti-inflammatory properties. Rising consumer health awareness owing to the occurrence of non-communicable & long-lasting diseases supplemented by consumers leaning towards the use of products with natural constituents will increase the request for ayurvedic drugs.

Based on the region, the market is inspected crosswise North America, Europe, Asia Pacific, South America, and the Middle East & Africa. India controls the market in terms of turmeric farming and the country versions for over 75% of the total turmeric mature globally. However, accrediting to the low mindfulness among the country’s people, most of the turmeric is spread to North America. In terms of investing, North America eats a large quantity of curcumin, owing to its uses in the personal care industry with herbal products attaining traction in the market.

 

Global Curcumin Market: Regional Insights 

 

North America was the main market for curcumin, both in terms of price and volume in 2017. Factors such as development in people, the surge in health mindfulness, and the outline of inventive products push the development of curcumin. The European region is predicted to be the fastest-growing market in terms of value and is projected to grow at a CAGR of 9.5% during the forecast period. This growth is mainly resolute by the surge in consumer outlays on pharmaceutical and nourishment products along with an optimistic regulation refining its overall market.

Competitive Landscape

 

The leading players in the Curcumin Market include Biomax Life Sciences Ltd., Synthite Industries Ltd., Hindustan Mint & Agro Products Pvt. Ltd, Arjuna Natural Extracts Ltd., SV Agrofood, Star Hi Herbs Pvt. Ltd., Herboveda India Pvt. Ltd, Helmigs Prima Sejahtera PT, Hebei Food Additive Co. Ltd., Tri Rahardja PT, Konark Herbals & Health Care.

 Recent Development

·         Arjuna Natural Pvt Ltd in 2018 has established a direct supply chain in the U.S. to increase the sales under its new brand and profit margin for the company.

Scope of Report

Attribute

Details

Years Considered

Historical data – 2016-2018

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia .

Product/Service Segmentation

By Application, By Region

Key Players

The leading players considered for market analysis are Biomax Life Sciences Ltd., Synthite Industries Ltd., Hindustan Mint & Agro Products Pvt. Ltd, Arjuna Natural Extracts Ltd., SV Agrofood, Star Hi Herbs Pvt. Ltd., Herboveda India pvt. Ltd, Helmigs Prima Sejahtera PT, Hebei Food Additive Co. Ltd., Tri Rahardja PT, Konark Herbals & Health Care and many others.

 

 

·         By Application

ü  Pharmaceutical

ü  Food

ü  Cosmetics

·         By Region

ü  North America

ü  Europe

ü  Asia Pacific

ü  South America

ü  Middle East & Africa

 

The objective of the Study:

• To analyze and forecast the Global Curcumin Market size of the market in terms of value.

• To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

• The Global Curcumin Market into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America, and their leading countries.

• To outline, categorized, and forecast the Global Curcumin Market based on the By Application, and By Regional.

• To examine competitive developments, like By Application, By Regional within the Global Curcumin Market.

• To highlight the impact analysis of the factors affecting the market dynamics such as growth drivers.

• To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

 

Business Questions Answer by the Report

         How will the market drivers, restraints, and opportunities affect the market dynamics?

         What will be the market size in terms of value and volume and market statistics with a detailed classification?

         Which segment dominates the market or region, and one will be the fastest - growing, and why?

         A comprehensive survey of the competitive landscape and the market participant players

         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

•    With five additional company detail analysis

•    Additional country analysis

•    Detailed segment analysis

COVID-19

We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at

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