Press release
Curcumin Market to reach USD 179.62 Bn by 2029, emerging at a CAGR of 13.8 percent and forecast (2023-2029)
Curcumin Market
For the purpose of forecasting the market from 2023 to 2029, 2022 is used as the base year. Based on actual data and outputs from global key players and significant players, the market size for 2022 has been calculated. When predicting the market through 2029, the previous five years' tendencies are taken into account. 2020 is a year of exception, and the effects of lockdown on each location have been carefully considered.
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Curcumin Market Dynamics
Due to its hydrophobic and lipophilic properties, curcumin's pharmacological utilisation is mostly focused on its conventional medicinal use. Numerous studies are also being done to see if Curcumin can be delivered via various nanoparticles, such as dendrimers, polymeric nanoparticles, and nanogels, to treat neurological diseases and cancer. It has been demonstrated to provide significant health benefits, including the capacity to stave off conditions like cancer, heart disease, and Alzheimer's. These elements are fueling the global market expansion for curcumin.
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Curcumin Market Regional Insight
North America, which accounted for 39% of the market in 2022, is anticipated to expand at a CAGR of 12.9% during the course of the forecast period. The region's expansion is linked to the rise in product demand in the food, and pharmaceutical industries. The demand for the product is anticipated to increase over the projected period as a result of several high-end cosmetic firms with headquarters in North America choosing curcumin over other components in their products.
During the projection period, the Asia Pacific region is anticipated to have considerable development at a CAGR of 11.83%. The region's market is developing as a result of rising consumer product awareness. During the projection period, the Europe area is anticipated to have strong expansion at a CAGR of 13.2%. The region's growing demand for curcumin is being fueled by the region's well-established personal care and cosmetics industries as well as key consumers and manufacturers in nations like Italy, Germany, and Spain in Western Europe.
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Curcumin Market Segmentation
by Application
Pharmaceutical
Food
Cosmetics
Others
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Curcumin Market Key Players?
1. Arjuna Natural Pvt Ltd.
2. Biomax Life Sciences Limited.
3. Helmigs Prima Sehejtera
4. Herboveda India Pvt. Ltd.
5. Hindustan Mint & Agro Products Pvt. Ltd.
6. Konark Herbals & Healthcare
7. Rosun Natural Products Pvt. Ltd.
8. Sabinsa Corporation
9. Star Hi Herbs Pvt. Ltd.
10. SV Agrofood
11. Synthite Industries Ltd.
12. Wacker Chemie AG.
13. The Synergy Company
14. Vitamaze GmbH
15. BioThrive Sciences
Table of content for the Curcumin Market includes:
Global Curcumin Market : Research Methodology
Global Curcumin Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Curcumin Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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