Press release
Curcumin Market 2020 to Growth US$ 95 Million by 2025
New York, February 20, 2020: The scope of the report includes a detailed study of global and regional markets for various applications of curcumin market with the reasons given for variations in the growth of the industry in certain regions.The global curcumin market is segmented based on its applications which include food, cosmetics, pharmaceuticals and others. The market segments in terms of geographical regions include North America, Europe, Asia-Pacific and Rest of the World(ROW).]
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Global Curcumin market is anticipated to reach US$ 95 million by 2024, Pharmaceutical was leading application segment in global curcumin market accounting over 45% of the total market share in terms of volume. North America is leading market and seem to remain at the peak during the forecasted period. Europe is subsequent market and anticipated to have highest CAGR owing to its increasing demand in food and pharmaceuticals industry. Asia Pacific is anticipated to show healthy growth during the forecast period.
Curcumin is an anti-inflammatory compound found in turmeric. It has several proven benefits in field of cosmetics, pharmaceutical and others. It is extracted from turmeric. Curcumin is bright yellow in colour and an excellent anti-oxidant, which is also used in food to add flavour and colour to the food. It is extensively used in India.
Rising demand in industries such as food, cosmetics and pharmaceuticals is driving the curcumin market worldwide. Increasing awareness of potential health benefits of curcumin among consumers is driving the global market. Availability of cheaper food colours is a restraining factor for this market. Increase in demand for naturally based cosmetic products is trailing the cosmetics industries to use curcumin in skin care products which is a growth factor.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Biomax Life Sciences Ltd., Synthite Industries Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Arjuna Natural Extracts Ltd., SV Agrofood, Star Hi Herbs Pvt. Ltd., Herboveda India Pvt. Ltd., Helmigs Prima Sejahtera PT., Hebei Food Additive Co. Ltd., Tri Rahardja PT. and Konark Herbals & Health Care. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
This report provides:
1) An overview of the global market for curcumin and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for curcumin market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Curcumin Market has been segmented as below:
The Curcumin Market is Segmented on the lines of Application and Geography. By Application this market is segmented on the basis of Food, Cosmetics, Pharmaceuticals and Others.
By Geography this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World (ROW).
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Table of Contents
1 INTRODUCTION
2. Executive Summary
3. Curcumin Industry
4. Curcumin Application
5. Curcumin Regional
6. Competitive Landscape
6.1. Biomax Life Sciences Ltd.
6.1.1. Company Overview
6.2. Synthite Industries Ltd.
6.3. Hindustan Mint & Agro Products Pvt. Ltd.
6.4. Arjuna Natural Extracts Ltd.
6.5. SV Agrofood
6.6. Star Hi Herbs Pvt. Ltd.
6.7. Herboveda India Pvt. Ltd.
6.8. Helmigs Prima Sejahtera PT.
6.9. Hebei Food Additive Co. Ltd.
6.10. Tri Rahardja PT
6.11. Konark Herbals & Health Care
6.12. Rosun Natural Products Pvt. Ltd.
6.13. Sabinsa Corporation
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