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Curcumin Market - Global Industry Analysis By 2023

Curcumin Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015
- 2023
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Curcumin is a main bioactive ingredient of the rhizome Curcuma longa, commonly known as ginger. Itis one of the three curcuminoids present in
turmeric, the other two being bis-desmethoxycurcumin and desmethoxycurcumin. The presence of curcumin gives turmeric its unique therapeutic
qualities. Many studies have revealed that curcumin displays numerous pharmacological effects, including anti-infectious, anti-inflammatory, antitumor, and anti-oxidation properties. Curcumin exhibits anti-tumor effects through the regulation of inflammatory cytokines, protein kinases,
transcription factors, growth factors, and other enzymes. Due to its therapeutic potential, turmeric is a highly used ingredient in medical and food
products. Past few years have witnessed an escalating demandforturmeric inherbal formulations in the world.
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Curcumin market can be segmented on the basis of:
Therapeutic Applications
Gastric ailments
Viral Infections
Skin Infections
Global curcumin market is expected to grow significantly in the near future owing to its increasing demand in cosmetics, food, and pharmaceutical
Pharmaceuticals is the largest application market for curcumin on account of rising demand for curcumin-based supplements. These supplements
are available over-the-counter without any regulations that offers a huge potential for the market growth. Curcumin is widely used in the treatment
of various diseases such as, arthritis, Alzheimer’s, viral infections,skin infections, and gastric ailments. Rising awareness regarding health benefits
of turmeric among consumers is another major factor responsible for the growth of curcumin market.Furthermore, increasing attention of
pharmaceutical and biotechnology industries and research laboratories to develop new curcuminproducts that can treat major diseases such as
cancer, rheumatoid arthritis and other chronic diseases are expected to drive the market growth in the near future. However, the poor
bioavailability of curcumin is one of the major factors that might hinder the applications of curcumin and consequently the market.
On the basis of Geography, the global curcumin market is segmented into six major regions: North America, Europe, Asia Pacific, Latin America,
the Middle East and Africa and Rest of the World (RoW). North America dominates the global curcumin market owing to the escalating demand for
curcumin-based dietary supplements and increasing number of research and development activities by pharmaceutical and biotechnology
companies on curcumin. Europe is considered as the second largest curcumin market on account of presence of large number of food and
pharmaceutical industries in the region.In addition, Asia-Pacific countries such as India and China are the emerging regions for the global
curcumin market due to the growing demand from skin care and cosmetics manufacturers whose herbal products are gaining fast penetration in
North American and European markets.Curcumin manufacturers are mostly concentrated in India due to high content of curcumin in Indian
turmeric varieties and close proximity of raw material suppliers. Moreover, curcumin production is largely dependent on turmeric production that is
dominated by India, which produces around 80% of the global curcumin.
The curcumin market is highly fragmented due to the participation of many established as well as new players in this market. Some of the key
players operating in the curcumin market include Arjuna Natural Extracts Ltd., Biomax Life Sciences Ltd, Hindustan Mint & Agro Products Pvt. Ltd.,
Konark Herbals and Health Care, Unico Pharmaceuticals and Orane Life Sciences.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
 North America
 Asia Pacific
 Europe
 Middle East and Africa
 Latin America
This report provides comprehensive analysis of
 Market growth drivers
 Factors limiting market growth
 Current market trends
 Market structure
 Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming
years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players.
The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
 This report provides pin-point analysis for changing competitive dynamics
 It provides a forward looking perspective on different factors driving or restraining market growth
 It provides a six-year forecast assessed on the basis of how the market is predicted to grow
 It helps in understanding the key product segments and their future
 It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
 It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
 It provides distinctive graphics and exemplified SWOT analysis of major market segments
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curcumin, industry, market, global, analysis, 2023
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