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Curcumin Market Covid-19 Impact Analysis, Price Trend, Competitive Market Share & Forecast, 2022 - 2028

Curcumin Market Covid-19 Impact Analysis, Price Trend,

Market Overview:

Global Curcumin Market was valued at USD 59.57 Million in 2021 and is expected to reach USD 106.82 Million by the year 2028, at a CAGR of 8.7%.

A phytopolyphenol pigment with several pharmacologic effects that were obtained from the plant Curcuma longa, also known as turmeric. By inhibiting cyclooxygenases (COX) and other inflammatory enzymes, curcumin inhibits the production of reactive oxygen species, has anti-inflammatory effects, and interferes with cell signal transmission via a number of pathways, including protein kinase C suppression. These effects could contribute to the agent's documented antineoplastic capabilities, which include suppressing chemically induced carcinogenesis and tumor growth in animal cancer models and inhibiting tumor cell proliferation.

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Market Dynamics:

Driver:
Demand for the product will rise around the world as customers become more aware of its medical properties and health advantages. During the projected period, product demand will also be boosted by changes in consumer patterns and growing knowledge of the advantages of employing organic and natural components in food, and medical applications, in cosmetics also have more applications for curcumin because of its anti-inflammatory and antibacterial properties this is driving the market. Consumers are switching to vegetarian and culinary products made with herbs like turmeric as their preferred diets change. As a plant-based food, turmeric extracts are ideally suited for creating creative food compositions. This is one of the key elements that is anticipated to further accelerate the growth rate of this industry on a global scale.

Opportunities:
In the forecast period, the rise in demand for curcumin is more because of the various research and development activities carried out by the market players, in the cosmetics industry innovative products are made up from curcumin because it's having antibacterial properties and also opportunities in the food industry this is opportunities into the market.

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Market Segmentation
By Type
• Powder
• Liquid
• Others

By Application
• Food and Beverages
• Medical
• Cosmetics
• Dietary Supplements
• Others

By Nature
• Organic
• Conventional

By Distribution Channels
• Specialty Store
• Supermarket/Hypermarket
• Online
• Others

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Regional Analysis:
Rising focus on R&D activities, in order to boost curcumin digestibility is a major driver for curcumin in the Asia-Pacific region, with a larger number of laboratory studies to demonstrate structure-function relationships, and human based clinical tribunals to establish efficacy and safety by specific applications. India is the largest producer and exporter of curcumin globally. Turmeric holds about 6% of the total area under spices and condiments in India. In addition, the China based curcumin industry is anticipated to witness heavy capturing from the pharmaceutical and cosmetic sectors, subject to the product's natural anti-oxidants helps to growth in curcumin market.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Curcumin Market are :
• Hindustan Mint and Agro Products Pvt Ltd.
• Biomaxis.com
• Synthite Industries Ltd.
• Rosun Natural Products Pvt. Ltd.
• BioThrive Sciences
• Herboveda India Pvt Ltd.
• Konark Herbals and Health Care
• Arjuna Natural Pvt. Ltd.
• SVagro foods
• Star Hi Herbs Pvt Ltd.
• NOW Foods.
• Phyto Life Sceinces Pvt. Ltd.
• Sabinsa
• Wacker Chemic AG.

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Key Industry Developments
In June 2017, Synthite Industries Ltd announced that they are expanding their operations unit in Amsterdam, to grow the business with providing consumer demand.
In April 2019, Nuvothera Inc., launched their new product Super Micronized Turmeric Curcumin supplement for consumers to bring down their dependency on medicinal prescriptions.

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Read other News: -
https://introspectivemarketresearch.com/reports/turmeric-finger-market/
https://prgazette.com/news/health-tips-be-careful-if-you-have-a-habit/

https://prgazette.com/news/ayurvedic-tips-for-a-healthy-lifestyle/

https://prgazette.com/news/health-tips-eat-these-things-daily-to-avoid-cold-in-winter-keep-these-things-in-mind/

https://prgazette.com/news/weight-loss-tips-these-5-things/

https://prgazette.com/news/orange-benefits/

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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