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Curcumin Market - Global Industry Analysis (2017 - 2020) - Growth Trends and Market Forecast (2021 - 2025)

  • ID: 5327509
  • Report
  • April 2021
  • Region: Global
  • 108 Pages
  • Fairfield Market Research

FEATURED COMPANIES

  • Akay Group
  • BioMax Lifesciences Ltd
  • DolCas Biotech
  • Gencor Botanicals
  • Konark Herbals
  • Rosun Groups
The global curcumin market is expected to be worth US$1,12.6 Mn between the forecast years of 2021 and 2025. The incredible growth of this market is attributable to a deluge of information regarding the benefits of daily intake of curcumin. Rich source of antioxidant and best known for anti-inflammatory properties, the demand for curcumin has gained momentum. The publisher states that the global curcumin market will remain bullish throughout the forecast period as Western medicine realises its outstanding qualities, capable of remedying various health issues.

Key Highlights for Global Curcumin Market:
  • Europe acquire share of 30% by 2025 as consumer show higher intake of immunity-boosters
  • The food & beverages segment to registering a volume CAGR of 10.9% over the forecast period as demand for natural food colourant soars
  • Companies such as Synthite Industries, Arjuna Natural, Sabinsa Corporation, and Wacker Chemie to lead global curcumin market
  • India to remain largest producer of turmeric, making the country a prominent producer of curcumin worldwide
  • Offering curcumin with increased bioavailability emerges as key trend amongst players
  • Promise of Youthful, Healthy Skin Wins Curcumin Market a Steady Spot in Cosmetics Industry

The recent rise of the curcumin market is being driven by the changing tone of the cosmetics industry. Use of curcumin, as a natural substance, in a wide range of cosmetics to prevent acne, inflammation, and other conditions has accelerated the demand. Analysts anticipate that the cosmetics segment will see a steady rise as products such as ointments, face packs, and essential oils make their way to the retail spaces. Demand for curcumin in cosmetics will heavily rely on the rising trend of commercializing home remedies as consumers seek chemical-free solutions for youthful skin.

Food and Beverages Segment to Register 10% CAGR in Curcumin Market

Needless to say, that the demand for curcumin is soaring as the food and beverages segment evolves. Added as a natural colouring agent, curcumin is extensively used for its yellow tones. The author predicts that the demand for curcumin in the food and beverages segment is expected to register a CAGR of 10.9% during the forecast period. Efforts to launch curcumin-based food products is also expected to bode well for the segment.

For instance, turmeric lattes are a massive hit amongst the younger demographic, winning the market a new growth opportunity. Positioned as caffeine-free, turmeric lattes or golden milk is the latest buzz in the health drinks arena. The demand is further expected to thrive as dietary preferences shift towards plant-based nutrients.

Out of conventionally and organically grown and sourced curcumin, the organic segment is expected to retain dominance. The research indicates that the organic segment will valuation of US$9201.9 Mn by the end of the forecast period. A visible shift towards non-GMO seeds and products is expected to fuel this segment in the coming years.

India Catapults with Production and Consumption as Curcumin Remains Indispensable to Staple Diet

Geographically speaking, the global curcumin market is expected to make its way to most parts of the world as cuisines find acceptance with globalization. However, Asia Pacific will have a stronger grip on the curcumin market as India remains the largest producer, consumer, and exporter.

However, the report finds that Europe is expected to show tremendous scope for growth in the coming years. Europe is estimated to acquire a share of 30% by 2025, as consumer shift towards immunity booster. The pandemic is especially changing consumer sentiment, pushing many to seek immunity-boosting supplements that can be consumed safely.

Product Innovation to Save the Day for Players in Global Curcumin Market

Some of the leading companies profiled in their research report are Arjuna Natural Extracts Ltd, Synthite Industries Ltd, Sabinsa Corporation, Wacker Chemie AG, Akay Group, BioMax Lifesciences Ltd, Hindustan Mint & Agro Products Pvt. Ltd, SV Agro Food, Rosun Groups, and Konark Herbals. Players are focused on launching formulations that have high nutritional value.

For instance, Arjuna Natural Extracts Ltd is working on BCM-95 curcumin extract, which is expected to be an effective remedy for osteoarthritis. High-bioavailable curcumin formulation is expected to bring down inflammation, relieving the patient of the painful episodes.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Akay Group
  • BioMax Lifesciences Ltd
  • DolCas Biotech
  • Gencor Botanicals
  • Konark Herbals
  • Rosun Groups
1. Executive Summary
1.1. Global Curcumin Market Snapshot
1.2. Key Market Trends
1.3. Analyst Recommendations

2. Market Overview
2.1. Market Definitions
2.2. Market Taxonomy
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.4. Value Chain Analysis
2.4.1. Local Market
2.4.2. International Market
2.5. Porter’s Five Forces Analysis
2.6. Covid-19 Impact Analysis
2.7. Macro-Economic Factors
2.8. Key Developments
2.9. Key Regulations
2.10. Key Patents
2.11. Key Technological Advancement

3. Global Turmeric Production & Trade Statistics
3.1. Global & India Turmeric Production Overview
3.2. Global Turmeric Export Overview
3.3. Global Import Overview
3.4. Turmeric Import Regulations

4. Global Curcumin Market Outlook, 2017-2025
4.1. Global Curcumin Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2017-2025
4.1.1. Key Highlights
4.1.1.1. North America
4.1.1.2. Europe
4.1.1.3. Asia Pacific
4.1.1.4. Latin America
4.1.1.5. Middle East & Africa
4.1.2. BPS Analysis -2020-2025
4.2. Global Curcumin Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017-2025
4.2.1. Key Highlights
4.2.1.1. Organic
4.2.1.2. Conventional
4.2.2. BPS Analysis -2020-2025
4.3. Global Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
4.3.1. Key Highlights
4.3.1.1. Pharmaceutical & Dietary Supplements
4.3.1.2. Cosmetics
4.3.1.3. Food & Beverages
4.3.1.4. Animal & Pet Food
4.3.2. BPS Analysis -2020-2025

5. North America Curcumin Market Outlook, 2017-2025
5.1. North America Curcumin Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017-2025
5.1.1. Key Highlights
5.1.1.1. U.S. Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
5.1.1.2. Canada Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
5.1.2. BPS Analysis -2020-2025
5.2. North America Curcumin Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017-2025
5.2.1. Key Highlights
5.2.1.1. Organic
5.2.1.2. Conventional
5.2.2. BPS Analysis -2020-2025
5.3. North America Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
5.3.1. Key Highlights
5.3.1.1. Pharmaceutical & Dietary Supplements
5.3.1.2. Cosmetics
5.3.1.3. Food & Beverages
5.3.1.4. Animal & Pet Food
5.3.2. BPS Analysis -2020-2025

6. Europe Curcumin Market Outlook, 2017-2025
6.1. Europe Curcumin Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1. Key Highlights
6.1.1.1. Germany Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.2. France Curcumin Market by Product, Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.3. U.K. Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.4. Italy Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.5. Spain Curcumin Market by Product, Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.6. Netherland Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.7. Poland Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.1.8. Rest of Europe Curcumin Market Volume (Tons) and Value (US$ Mn), 2017-2025
6.1.2. BPS Analysis -2020-2025
6.2. Europe Curcumin Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017-2025
6.2.1. Key Highlights
6.2.1.1. Organic
6.2.1.2. Conventional
6.2.2. BPS Analysis -2020-2025
6.3. Europe Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
6.3.1. Key Highlights
6.3.1.1. Pharmaceutical & Dietary Supplements
6.3.1.2. Cosmetics
6.3.1.3. Food & Beverages
6.3.1.4. Animal & Pet Food
6.3.2. BPS Analysis -2020-2025

7. Asia Pacific Curcumin Market Outlook, 2017-2025
7.1. Asia Pacific Curcumin Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1. Key Highlights
7.1.1.1. India Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1.2. China Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1.3. Japan Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1.4. ASEAN Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1.5. Australia Curcumin Market Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.1.6. Rest of Asia Pacific Market by Volume (Tons) and Value (US$ Mn), 2017-2025
7.1.2. BPS Analysis -2020-2025
7.2. Asia Pacific Curcumin Market Outlook, by Nature Volume (Tons) and Value (US$ Mn), 2017-2025
7.2.1. Key Highlights
7.2.1.1. Organic
7.2.1.2. Conventional
7.2.2. BPS Analysis
7.3. Asia Pacific Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
7.3.1. Key Highlights
7.3.1.1. Pharmaceutical & Dietary Supplements
7.3.1.2. Cosmetics
7.3.1.3. Food & Beverages
7.3.1.4. Animal & Pet Food
7.3.2. BPS Analysis -2020-2025

8. Latin America Curcumin Market Outlook, 2017-2025
8.1. Latin America Curcumin Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017-2025
8.1.1. Key Highlights
8.1.1.1. Brazil Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
8.1.1.2. Mexico Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
8.1.1.3. Rest of Latin America Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
8.1.2. BPS Analysis -2020-2025
8.2. Latin America Curcumin Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017-2025
8.2.1. Key Highlights
8.2.1.1. Organic
8.2.1.2. Conventional
8.2.2. BPS Analysis -2020-2025
8.3. Latin America Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
8.3.1. Key Highlights
8.3.1.1. Pharmaceutical & Dietary Supplements
8.3.1.2. Cosmetics
8.3.1.3. Food & Beverages
8.3.1.4. Animal & Pet Food
8.3.2. BPS Analysis -2020-2025

9. Middle East & Africa Curcumin Market Outlook, 2017-2025
9.1. Middle East & Africa Curcumin Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2017-2025
9.1.1. Key Highlights
9.1.1.1. GCC Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
9.1.1.2. South Africa Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
9.1.1.3. Rest of Middle East & Africa Curcumin Market by Volume (Tons) and Value (US$ Mn), 2017-2025
9.1.2. BPS Analysis -2020-2025
9.2. Middle East & Africa Curcumin Market Outlook, by Nature, Volume (Tons) and Value (US$ Mn), 2017-2025
9.2.1. Key Highlights
9.2.1.1. Organic
9.2.1.2. Conventional
9.2.2. BPS Analysis -2020-2025
9.3. Middle East & Africa Curcumin Market Outlook, by Application, Volume (Tons) and Value (US$ Mn), 2017-2025
9.3.1. Key Highlights
9.3.1.1. Pharmaceutical & Dietary Supplements
9.3.1.2. Cosmetics
9.3.1.3. Food & Beverages
9.3.1.4. Animal & Pet Food
9.3.2. BPS Analysis -2020-2025

10. Competitive Landscape
10.1. Company Market Share Analysis, 2019
10.2. Company Profiles
10.2.1. Arjuna Natural Extracts Ltd
10.2.1.1. Company Overview
10.2.1.2. Regional Presence & Revenue
10.2.1.3. Product Portfolio
10.2.2. Sabinsa Corporation
10.2.2.1. Company Overview
10.2.2.2. Regional Presence & Revenue
10.2.2.3. Product Portfolio
10.2.3. Synthite Industries Ltd
10.2.3.1. Company Overview
10.2.3.2. Regional Presence & Revenue
10.2.3.3. Product Portfolio
10.2.4. Wacker Chemie AG
10.2.4.1. Company Overview
10.2.4.2. Regional Presence & Revenue
10.2.4.3. Business Segment Revenue
10.2.4.4. Product Portfolio
10.2.5. BioMax Lifesciences Ltd
10.2.5.1. Company Overview
10.2.5.2. Regional Presence & Revenue
10.2.5.3. Product Portfolio
10.2.6. Akay Group
10.2.6.1. Company Overview
10.2.6.2. Product Portfolio
10.2.7. SV Agro Food
10.2.7.1. Company Overview
10.2.7.2. Product Portfolio
10.2.8. Hindustan Mint & Agro Products Pvt. Ltd.
10.2.8.1. Company Overview
10.2.8.2. Product Portfolio
10.2.9. Rosun Groups
10.2.9.1. Company Overview
10.2.9.2. Product Portfolio
10.2.10. DolCas Biotech
10.2.10.1. Company Overview
10.2.10.2. Regional Presence
10.2.10.3. Product Portfolio
10.2.11. Konark Herbals
10.2.11.1. Company Overview
10.2.11.2. Product Portfolio
10.2.12. Gencor Botanicals
10.2.12.1. Company Overview
10.2.12.2. Regional Presence
10.2.12.3. Product Portfolio

11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Arjuna Natural Extracts Ltd
  • Sabinsa Corporation
  • Synthite Industries Ltd
  • Wacker Chemie AG
  • BioMax Lifesciences Ltd
  • Akay Group
  • SV Agro Food
  • Hindustan Mint & Agro Products Pvt. Ltd
  • Rosun Groups
  • DolCas Biotech
  • Konark Herbals
  • Gencor Botanicals
Note: Product cover images may vary from those shown

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