The Global Curcumin Market has been projected to grow at the CAGR of 11.7% during 2017-2025. In 2016, the market has generated the revenue of $ 44.54 million and is expected to reach $ 120.57 million by 2025.
Curcumin is a bright yellow color is derived from curcuminoids which are fat soluble, polyphenolic pigments. Curcumin is also known as turmeric extract. Curcumin is present in two tautomeric forms such as enol and keto. The enol form of curcumin is energetically stable in liquids and solid phase. Curcumin has anti-inflammatory, antifungal and antiviral actions. It uses anti-inflammatory activity by inhibition of number of different molecules which play an important role in inflammation.
Market Segment Insights
Pharmaceuticals has the higher share of global curcumin market in 2016. Curcumin is primarily used in the manufacture of herbal supplements. The favorable properties of curcumin such as anti-inflammatory and anti-viral have attracted the attention of pharmaceutical industry. Food is the second largest application segment of curcumin. High demand from the food industry for curcumin as food colorant has fueled market demand of curcumin. Curcumin has been proved to be anti-oxidant and is useful for treatment of acne and pigmentation. High amount of curcumin is used in the production of skin care products as it protects skin from UV rays and pollution, which is expected to boost market growth of curcumin. Other applications which include dye for textiles and detecting presence of cyanide in drugs are also projected to fuel market demand for curcumin during the forecast period from 2017 to 2025.
North America has the major share of global curcumin market in 2016. It accounted for more than 50% share of global curcumin market. Among the countries in North America, U.S. accounted for larger share of more than 50% of North American curcumin market. Europe accounted as the fastest growing region for curcumin worldwide. Increasing demand for curcumin based pharmaceutical and cosmetic products is driving the curcumin market in the region. Curcumin is also widely used as spice in Asia Pacific region.
Market Competition Assessment:
The major players currently operating in the global curcumin market include Arjuna Natural Extracts Ltd., Biomax Life Sciences Ltd., Hebei Food Additive Co., Ltd., Herboveda India Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Rosun Natural Products Pvt. Ltd., Sabinsa Corporation, SV Agrofood, Synthite Industries Ltd., and Konark Herbals and Health Care.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Global Curcumin Market Portraiture
2.2 Global Curcumin Market, by Application, 2016 (US$ Mn)
2.3 Global Curcumin Market, by Geography, 2016 (Value %)
Chapter 3 Global Curcumin Market Analysis
3.2 Major Market Trends and Key Takeaways
3.3 Market Dynamics
3.3.1 Market Drivers
220.127.116.11 Rising Consumer Awareness Regarding Health Benefits
18.104.22.168 Availability of Synthetic Colorant Substance
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Curcumin Market, 2016
Chapter 4 Global Curcumin Market, by Application, 2015-2025 (US$ Mn)
4.5 Others (Dye, Cyanide Detector, etc.)
Chapter 5 Global Curcumin Market, by Geography, 2015-2025 (US$ Mn)
5.2 North America (U.S. and Canada)
5.3 Europe (U.K., Germany and Rest of Europe)
5.4 Asia Pacific (China, Japan, India and Rest of APAC)
5.5 Latin America (Mexico, Brazil and Rest of LATAM)
5.6 Middle East and Africa (GCC, and Rest of Middle East and Africa)
Chapter 6 Company Profiles
6.1 Arjuna Natural Extracts Ltd.
6.2 Biomax Life Sciences Ltd.
6.3 Hebei Food Additive Co., Ltd.
6.4 Herboveda India Pvt. Ltd.
6.5 Hindustan Mint & Agro Products Pvt. Ltd.
6.6 Rosun Natural Products Pvt Ltd.
6.7 Sabinsa Corporation
6.8 SV Agrofood
6.9 Synthite Industries Ltd.
6.10 Konark Herbals And Health Care