Curcumin Market size is projected to reach USD 105.21 Million units by 2027 from an estimated USD 50.42 Million units in 2019, growing at a CAGR of 8.7% globally.
Curcumin is a
bioactive compound found in the root of Curcuma longa also known as turmeric.
Curcumin exhibits anti-inflammatory and anti-oxidation properties that make it
an ideal ingredient in many medical and food applications. The curcumin market
is expected to witness a huge development due to growth in consumer awareness
regarding its therapeutic properties.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
The Major Players In The Curcumin
Market Include:
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 Sciences Pvt. Ltd.,Sabinsa, Wacker Chemic AG., The Green Labs
LLC.,Hebei Food Additive Co. Ltd
Market has segmented the global
Curcumin market on the basis of type, application, and region:
The Curcumin market is segmented by
type and application. Growth between segments over the period 2022-2028
provides accurate calculations and forecasts of revenue by type and application
in terms of volume and value. This analysis can help you expand your business
by targeting eligible niches.
By Type:
Powder, Liquid, and Others
By Application:
Food and Beverages, Medical, Cosmetics,
Dietary Supplements, Others.
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
- 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)
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19 protocols
range from declaring national emergency states, enforcing stay-at-home orders,
closing nonessential business operations and schools, banning public
gatherings, imposing curfews, distributing digital passes, and allowing police
to restrict citizen movements within a country, as well as closing
international borders. With the growing vaccination rate, governments are
uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Curcumin Market has experienced a slowdown the growth, however,
the market is expected to bounce back as restrictions are being lifted up by
governments across the globe.
The report covered the major key
points:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers,
Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 7years, along with 5
years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of
key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned
regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor
Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of
the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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