Global Curcumin Market was valued at USD 59.57 Million in 2021 and is expected to reach USD 106.82 Million by the year 2028, at a CAGR of 8.7%.
Curcumin is known to be a bioactive compound that is found in the root of Curcuma longa which is also called as a turmeric. Curcumin is a content or substance which are present in turmeric, which is generally used as flavoring agent in food as it tastes like turmeric in food and beverages sector. In addition, Curcumin has scientific properties owing to this gaining popularity in pharmaceutical, and cosmetic sectors.
Introspective Market Research report presents detailed analysis on the Curcumin Market consumption trends by globally, historic and forecast consumption volumes and values at market and category level. It also provides indispensable data on brand share, distribution channels, profiles of companies active in the Curcumin Market along with latest industry news, in addition to mergers and acquisitions. This allows domestic and foreign companies to identify the market dynamics to account sales overall and to know which categories and segments are showing growth in the coming years.
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By Type, Curcumin has been segmented into:
By Application, Curcumin has been segmented into:
- Food and Beverages
- Dietary Supplements
Key Players Covered in Curcumin market are:
Hindustan Mint and Agro Products Pvt Ltd.,Biomaxis.com,Synthite Industries Ltd.,Rosun Natural Products Pvt. Ltd.,BioThrive Sciences,Herboveda India Pvt Ltd.,Konark Herbals and Health Care,Arjuna Natural Pvt. Ltd.,SVagro foods,Star Hi Herbs Pvt Ltd.,NOW Foods.,Phyto Life Sceinces Pvt. Ltd.,Sabinsa,Wacker Chemic AG.,The Green Labs LLC.,Hebei Food Additive Co. Ltd
Global curcumin Segmented By Region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Impact of COVID-19
COVID-19 pandemic has been a major booster to curcumin market players as the disease outbreak elevated demand for natural immunity boosters worldwide. In addition to the desirable flavour and colour, curcumin has recently gained stronger ground based on its therapeutic attributes. Increasing curcumin uptake across F&B industry for innovative products like turmeric coffee or tea, and other turmeric-flavoured beverages is likely to unlock new opportunities in curcumin market, says the report.
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The report examines the growth of the global curcumin market that occurred in the last over the last few years and is likely to occur in the coming years. The research publication additionally explains the causes of the fluctuations in the global market. It does this by assessing of the facets and the different trends that have been prevalent from past few years and also the aspects that are anticipated to maintain a strong impact on the market over the coming years. The Porter’s five forces analysis has been considered by analysts to present a clear picture of the vendor landscape to readers. Agreements, mergers, acquisitions, and other dealings have been further mentioned in the study. It focuses on the strategies, products, and market share along with position of the companies operating in the market.
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