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This “Curcumin Market-Global Industry Analysis (2017-2020)-Growth Trend and Market Forecast (2021-2025)” Report has been added to ResearchAndMarkets.com provide.
In the forecast year from 2021 to 2025, the value of the global curcumin market is expected to reach USD 112.6 million. The amazing growth of this market is attributed to a wealth of information about the benefits of daily intake of curcumin.
With a rich source of antioxidants and the most famous anti-inflammatory properties, the demand for curcumin is growing strongly. The publisher stated that the global curcumin market will remain optimistic throughout the forecast period, as Western medicine realizes its superior quality and can treat various health problems.
Companies mentioned
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Arjuna Natural Extract Co., Ltd.
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Sabinesa
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Synthetic Industrial Co., Ltd.
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Wacker Chemie AG
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BioMax Life Science Co., Ltd.
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Akai Group
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SV Agricultural Food
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The Hindustan Mint and Agricultural Products Pvt.Limited company
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Rongxing Group
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Doka Biotech
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Konak Herbs
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Gencor Herbal Medicine
The main highlights of the global curcumin market:
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By 2025, Europe will get a 30% share, as consumers show higher intake of immunity boosters
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Due to the soaring demand for natural food colorings, the food and beverage sector has a compound annual growth rate of 10.9% during the forecast period
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Companies such as Synthite Industries, Arjuna Natural, Sabinsa Corporation and Wacker Chemie will lead the global curcumin market
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India will remain the largest producer of turmeric, making the country a major producer of curcumin in the world
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Providing curcumin with higher bioavailability has become a major trend for participants
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The promise of young and healthy skin wins a stable position of the curcumin market in the cosmetics industry
The recent rise of the curcumin market has been driven by the changing tone of the cosmetics industry. As a natural substance, curcumin is used in a wide range of cosmetics to prevent acne, inflammation and other diseases, accelerating the demand. Analysts predict that the cosmetics market will grow steadily as products such as ointments, facial masks and essential oils enter the retail sector. As consumers seek chemical-free solutions for young skin, the demand for curcumin in cosmetics will rely heavily on the rising trend of commercialization of home remedies.
The food and beverage sector has a compound annual growth rate of 10% in the curcumin market
There is no doubt that with the development of the food and beverage sector, the demand for curcumin is soaring. Added as a natural coloring agent, curcumin is widely used because of its yellow hue. The author predicts that during the forecast period, the demand for curcumin in the food and beverage sector is expected to reach a compound annual growth rate of 10.9%. Efforts to launch curcumin-based foods are also expected to bode well for this market segment.
For example, turmeric latte is very popular among young people and has won new growth opportunities for the market. Positioned as decaffeinated turmeric latte or golden milk is the latest hot spot in the field of health beverages. As dietary preferences shift to plant-based nutrients, demand is expected to flourish further.
Among traditional and organically grown and purchased curcumin, the organic part is expected to maintain a dominant position. Studies have shown that by the end of the forecast period, the valuation of the organic sector will reach US$9,201.9 million. In the next few years, a significant shift towards non-GMO seeds and products is expected to promote the development of this market segment.
As curcumin is still an indispensable part of the staple food, India’s production and consumption have surged
Geographically, as food is accepted by globalization, the global curcumin market is expected to enter most of the world. However, since India is still the largest producer, consumer and exporter, the Asia-Pacific region will have stronger control over the curcumin market.
However, the report found that Europe is expected to show huge room for growth in the next few years. As consumers switch to immunostimulants, Europe is expected to gain a 30% share by 2025. The pandemic has particularly changed the mood of consumers, prompting many people to seek immune-enhancing supplements that are safe to consume.
Product innovation saves a day for participants in the global curcumin market
Some of the leading companies introduced in the research report are Arjuna Natural Extracts Ltd, Synthite Industries Ltd, Sabinsa Corporation, Wacker Chemie AG, Akay Group, BioMax Lifesciences Ltd, Hindustan Mint & Agro Products Pvt. Ltd, SV Agro Food, Rosen Groups and Konark Herbals. Players focus on launching formulas with high nutritional value.
For example, Arjuna Natural Extracts Ltd is studying BCM-95 curcumin extract, which is expected to be an effective drug for treating osteoarthritis. The high bioavailability curcumin formula is expected to reduce inflammation and relieve the suffering of patients.
Key topics covered:
1.executive Summary
2. Market Overview
3. Global turmeric production and trade statistics
3.1. Overview of global and Indian turmeric production
3.2. Overview of global turmeric exports
3.3. Global Import Overview
3.4. Turmeric import regulations
4. 2017-2025 Global Curcumin Market Outlook
5. North American curcumin market outlook, 2017-2025
6. 2017-2025 European curcumin market outlook
7. 2017-2025 Asia-Pacific Curcumin Market Outlook
8. Market Outlook for Curcumin in Latin America, 2017-2025
9. Middle East and Africa curcumin market outlook, 2017-2025
10. Competitive landscape
11. Appendix
For more information about this report, please visit https://www.researchandmarkets.com/r/d4va2f
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210617005625/en/
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