This Curcumin report will help to develop market strategies by understanding the market trends shaping and driving Curcumin market. It helps to understand the future market competition in the market. In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufactures and the market as whole. It also analyzes key emerging trends and their impact on present and future development. The Curcumin report identifies significant trends and factors driving or inhibiting the market growth. The Curcumin report analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Global Curcumin Market is growing at a substantial CAGR of 9.1% during the forecast period of 2019 to 2026 due to growing application scope in pharmaceutical and cosmetic industry which is fuelling the market growth.
Turmeric includes curcumin, which is a substance with strong anti-inflammatory and antioxidant characteristics. Most studies have used standardized turmeric extracts to include big quantities of curcumin. Curcumin boosts BDNF brain hormone concentrations, which improves the development of fresh neurons and fights multiple procedures of degeneration in human brain. Curcumin has positive impacts on a number of variables that are known to play a vital role in heart disease. It enhances the endothelium function and is a powerful anti-inflammatory and antioxidant agent.
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- Rise in consumer awareness of curcumin’s health advantages is driving the market growth
- Clinical use of the extract of curcumin will helps to propel the market growth
- Increasing penetration of product in the European market fuels the market growth
- Growing application scope in pharmaceutical and cosmetic industry is likely to spur the market growth
Segmentation: Global Curcumin Market
- Organic Curcumin
- Conventional Curcumin
- Heart Health
- Brain Health
- Stress/Anxiety Relief
- Flavorant & Colorant
- Dietary Supplements
- Food Products
- Herbal & Medicinal Products
- North America
- South America
- Middle East and Africa
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Key Developments in the Market:
- In April 2019, Nuvothera launched its Super-Micronized Turmeric Curcumin supplement for the clients who are seeking to decrease their prescription medicines dependence. As Curcumin is hydrophobic and can be absorbed by mouth in the bloodstream, it is used as an alternative for prescribed medicines. This product launch helps the company to attract the customers who are searching an alternative for allopathy medicines.
- In April 2019, Lipofoods has launched bioavailable microencapsulated anti-aging curcumin product to cater the beauty-from-within market. This product is a vegan and natural product, which has high water solubility, comes in microcapsules. This development helps the company to increase their customer base in the beauty product industry which ultimately helps to increase their revenue.
Global Curcumin market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Curcumin market for Global, Europe, North America, Asia-Pacific and South America.
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Major Market Competitors/Players
Few of the major competitors currently working in the global Curcumin market are Biomaxls.com, Synthite Industries Ltd, BioThrive Sciences, Konark Herbals & Health Care, Arjuna Natural Pvt Ltd, SVagrofood, STAR HI HERBS, NOW Foods, Phyto Life Sciences P. Ltd., Herboveda India Pvt. Ltd., Sabinsa, Shaanxi Jiahe Phytochem Co., Ltd., The Green Labs LLC, Wacker Chemie AG, Konark Herbals & Health Care, HINDUSTAN MINT & AGRO PRODUCTS PVT. LTD among others
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