Curcumin Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Application (Food Colorant, Antioxidant, Anti-inflammation Agent), By End-Use (Pharmaceutical, Food & Beverages, Cosmetic) And Geography - Forecasts From 2019 To 2024
Published:  Jul 2020 Report Code: KSI061612651 Pages: 97

The curcumin market is projected to grow at a CAGR of 4.53% to reach US$1,104.968 million in 2024 from US$846.869 million in 2018. Curcumin refers to a bright yellow phenolic compound that is the main constituent of turmeric powder, used as a food coloring and flavoring, and also as a dietary supplement. The anti-inflammatory and antioxidant properties of curcumin make it an ideal ingredient in several foods and medical applications. Multiple health benefits of curcumin and increased need for natural & organic supplements have lead to an increase in the demand for curcumin in the past few years, thus propelling the growth of the curcumin market.  The inclusion of curcumin in ayurvedic as well as herbal nutritional supplements and skincare products is expected to increase the popularity and demand for curcumin in the coming years.

DRIVERS

Increasing application scope in the cosmetic and pharmaceutical industry.

Clinical utility of curcumin extract.

RESTRAINTS

Presence of less expensive synthetic food colorants.

Formulation challenges in curcumin-based items

Major industry players profiled as part of the report are Wacker Chemie AG, BioMax Life Sciences Ltd., SV Agrofood, Helmigs, Rosun Natural Products, Star Hi Herbs.

Segmentation

The curcumin market has been analyzed through the following segments:

  • By Application
    • Food colorant
    • Antioxidant
    • Anti-inflammation agent
  • By end-use
    • Pharmaceutical
    • Food & Beverages
    • Cosmetic
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Others
    • Middle East and Africa
      • Israel
      • South Africa
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the curcumin market size by 2024?
A1. The curcumin market is projected to reach a total market size of US$1,104.968 million by 2024.
 
Q2. What are the growth prospects for curcumin market?
A2. The global curcumin market is projected to grow at a CAGR of 4.53% during the forecast period.
 
Q3. What is the size of global curcumin market?
A3. Curcumin market was valued at US$846.869 million in 2018.
 
Q4. What factors are anticipated to drive the curcumin market growth?
A4. Multiple health benefits of curcumin and increased need for natural & organic supplements have to lead to an increase in the demand for curcumin in the past few years, thus propelling the growth of the curcumin market. 
 
Q5. Who are the major players in the global curcumin market?
A5. Major industry players profiled as part of the curcumin market report are Wacker Chemie AG, BioMax Life Sciences Ltd., SV Agrofood, Helmigs, Rosun Natural Products, Star Hi Herbs.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. CURCUMIN MARKET BY APPLICATION
5.1 Food Colorant
5.2 Antioxidant 
5.3 Anti-inflammation agent
 
6. CURCUMIN MARKET BY TYPE
6.1. Pharmaceutical
6.2. Food & Beverages
6.3. Cosmetic
 
7. CURCUMIN MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
 
8. COMPETITIVE INTELLIGENCE
8.1. Market Positioning Matrix and Ranking
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
 
9. COMPANY PROFILES 
9.1. Wacker Chemie AG
9.2. Bio Max Life Sciences Ltd.
9.3. SV Agrofoods
9.4. Helmigs
9.5. Rosun Natural Products
9.6. Star Hi Herbs

Wacker Chemie AG

Bio Max Life Sciences Ltd.

SV Agrofoods

Helmigs

Rosun Natural Products

Star Hi Herbs

Pricing

Explore Custom Options available with this study:

  •  Request customization
  •  Buy sections of the study
  •  Buy country specific report
  •  Request excel, Historical data
  •  Subscription inquiry
  •  Request special pricing

Our Value Proposition

Analyst Support

All our studies come with 2 months of analyst support.


Confidentiality

We are in compliance with the global privacy laws.

Connect With Us