Curcumin market Size

Curcumin Market Overview, Industry Top Manufactures, Size, Growth Analysis & Forecast: 2024

Posted on Updated on offers 2017 report on global Curcumin market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2017-2024.

Curcumin Market will exceed USD 100 million by 2024; according to a new research report.

Growing demand for sustainable cosmetic products will drive curcumin market growth. Increased product usage in treatment of several skin diseases owing to its prevention from ultraviolet (UV) radiation properties has enhanced product penetration. Offering antioxidants to skin that provides protection from harmful sunrays will increase demand in creams and lotions. For instance, every year around 5.4 million cases of the nonmelanoma skin cancer disease id treated in the U.S.

Changing income trends and increasing consumer spending on organic cosmetics has stimulated curcumin demand. Global cosmetics industry spending was over USD 290 billion in 2016. Skin conscious & well-informed customers are preferring personal care products that are free from the synthetic & harmful products and are manufactured from the herbal & ayurvedic products and do not harm skin.

Potential application in treatment of uterine, renal, prostate, pancreatic, ovarian, oral, lung, live, breast, brain and bladder cancers is projected to provide lucrative opportunity for the curcumin market growth. The product is used in combination with other agents to treat cancer and numerous other diseases. However, limited therapeutic potential owing to its limited bio availability may hamper the product demand in the forecast time.

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Cosmetics will be valued at over 5 million by 2024. The skin care industry is expected to benefit from consumer preference to avoid chemicals ingredients derived from synthetic sources. Emerging economies including India and China have seen a tremendous growth of such products in the past few years owing to growing awareness about the ill effects of synthetically derived products and rise in living standard.

North America curcumin market will grow over 11.5% up to 2024. The industry growth is mainly driven by rise in aging population and presence of several cosmetic international brands in the region. The product is a well-recognized ingredient for pharmaceuticals for its high quality medical and herbal properties in the region.

Asia Pacific market generated more than USD 5 million in 2016. Increased research & development activities owing to rising applications of curcumin in the treatment of cancer acts as a key driving factor for curcumin market growth in Europe. Additionally, manufacturers are mainly concentrated in India owing to the high content of the product in the Indian turmeric products.

Global industry is fragmented with presence of numerous international and local industry players. Some of major players include Synthite Industries, Biomax Lifesciences, and Hindustan Mint and Agro Products.

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Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1.  Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Definitions & forecast parameters

1.2. Data sources

1.2.1.  Primary

1.2.2.   Secondary

Chapter 2. Executive Summary

2.1. Curcumin industry 360 degree synopsis, 2013 -2024

2.1.1.  Business trends

2.1.2.   Aplication trends

2.1.3.   Regional trends

Chapter 3. Curcumin Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.   Raw materials

3.3.2.   Manufacturers

3.3.3.   Applications

3.3.4.   Profit margin trend

3.3.5.   Distribution channel analysis

3.3.6.   Vendor matrix

3.4. Global turmeric market scenario

3.5. Industry impact forces

3.5.1.  Growth drivers   Increasing application scope in cosmetic and pharmaceutical industry   Rise in consumer consciousness regarding health benefits of curcumin   Clinical utility of curcumin extract   Increasing product penetration in European Market

3.5.2.  Industry pitfall & challenges   Uncertanity in raw material supply

3.6. Growth potential analysis

3.7. Pricing analysis

3.8. Regulatory landscape

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Curcumin Market Soaring at 10.93% CAGR During the Period 2017-2021

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Curcumin Market report contains all study material about overview, growth, demand and forecast research report in all over the world. This report offers some penetrating overview and solution in the complex world Curcumin Market in global market.

About Curcumin market

Curcumin is a natural yellow-orange colored compound. It is mainly obtained from the powdered root of turmeric (Curcuma longa). The molecular formula of the compound is C21H20O6. Curcumin possesses a wide range of therapeutic and pharmacological properties such as anti-inflammatory, anti-arthritic, anticancer, analgesic, anti-diabetic, antioxidant, anti-amyloid, and anti-atherosclerosis. The compound also has a decent anti-microbial property, which increases its use in food, pharmaceuticals, and cosmetics applications.

Research analysts forecast the global Curcumin market to grow at a CAGR of 10.93% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global curcumin market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography: Americas, APAC, EMEA

Research report, Global Curcumin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Other prominent vendors
Herboveda, Konark Herbals and Health Care, Sabinsa Corporation, Star Hi-Herbs.

Market driver

Therapeutic properties propelling the demand of curcumin

For a full, detailed list, view our report

Market challenge

Uncertainty in raw material supply

For a full, detailed list, view our report

Market trend

Demand for products that combat the signs of aging

For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?

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