Global Curcumin market is expected to witness market growth at a rate of 10.8% in the forecast period of 2021 to 2028.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.
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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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.
Segmentation: Global Curcumin Market
- By Nature (Organic Curcumin, Conventional Curcumin)
- By Form (Powder, Liquid)
- By Application (Heart Health, Brain Health, Stress/Anxiety Relief, Anti-inflammation, Antioxidant, Flavorant & Colorant)
- By End Use (Dietary Supplements, Food Products, Herbal & Medicinal Products, Cosmetics),
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Competitive Analysis
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.
Market Drivers:
- 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
Market Restraints:
- Availability of cheaper synthetic food products is restraining the market growth
- Formulation difficulties in products based on curcumin is likely to hinder the market growth
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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