Curcumin Market to Reach USD 369.2 Million by 2033, Driven by Expanding Applications in Pharmaceuticals, Food & Beverages, and Cosmetics

In 2022, the curcumin market was valued at approximately USD 110.6 million. Projected to grow at a CAGR of 11.3% from 2023 to 2033, the market is expected to rise from USD 127.0 million in 2023 to USD 369.2 million by 2033.

𝐂𝐮𝐫𝐜𝐮𝐦𝐢𝐧 𝐆𝐚𝐢𝐧𝐬 𝐓𝐫𝐚𝐜𝐭𝐢𝐨𝐧 𝐀𝐜𝐫𝐨𝐬𝐬 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬
Curcumin, a bioactive compound derived from turmeric, has garnered significant attention due to its therapeutic benefits. The food & beverage, pharmaceutical, and cosmetic industries are incorporating curcumin into their products, further boosting demand. Its rising application in dietary supplements, functional foods, and nutraceuticals is also contributing to market growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐨𝐝𝐚𝐲! https://www.futuremarketinsights.com/report-sample#5245502d47422d3134313333

𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐑𝐢𝐬𝐢𝐧𝐠 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 𝐨𝐟 𝐇𝐞𝐚𝐥𝐭𝐡 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬
The increased incidence of chronic diseases, coupled with growing awareness of the health benefits of curcumin, including its potential role in reducing inflammation and oxidative stress, is accelerating market demand. The rise of plant-based and natural remedies further augments the consumption of curcumin-based products.

"The global curcumin market is witnessing substantial growth, driven by its powerful therapeutic properties, such as anti-inflammatory and antioxidant effects. Its increasing demand across pharmaceuticals, food and beverages, and personal care industries supports its role in preventing and managing chronic diseases."- says Nandini Roy Choudhury, Client Partner at Future Market Insights

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:
• The global curcumin market is projected to grow from USD 127.0 Million in 2023 to USD 369.2 Million by 2033, registering a CAGR of 11.3%.
• By 2033, the North American curcumin market is expected to exceed USD 130.8 million.
• the United Kingdom curcumin market from pharmaceutical applications was valued at more than USD 15.5 million. During the forecast period, Europe is expected to have the fastest CAGR of 16.7%.
• Based on nature, conventional curcumin is estimated to account for more than 87.3% of the total market share for curcumin in 2021.
• In terms of application, the antioxidant segment is estimated to hold a dominant share of 30.1% of the global curcumin market in 2021.
• Based on form, sales of the powder form of curcumin are anticipated to reach a valuation of USD 59.6 Million in 2021.
• Based on end-use, sales of curcumin in the herbal and medicinal products segment are expected to grow at an impressive 12.0% CAGR over the forecast period.
• Increasing demand for natural anti-inflammatory and antioxidant agents, rising health consciousness, and expanding applications across industries.
• Food & beverages, pharmaceuticals, cosmetics, and nutraceuticals are major sectors driving the market's expansion.

𝐒𝐚𝐮𝐜𝐞𝐬, 𝐃𝐫𝐞𝐬𝐬𝐢𝐧𝐠𝐬 & 𝐂𝐨𝐧𝐝𝐢𝐦𝐞𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐚𝐢𝐥𝐨𝐫-𝐦𝐚𝐝𝐞 𝐅𝐨𝐫 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬. 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚, 𝐀𝐧𝐝 𝐀𝐜𝐭𝐢𝐨𝐧𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝: https://www.futuremarketinsights.com/industry-analysis/sauces-dressings-and-condiments

𝐂𝐮𝐫𝐜𝐮𝐦𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 - 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
The market for curcumin is extremely competitive and fragmented, driven primarily by its application in the nutraceutical and cosmetics industries. Because this product is produced from turmeric and ginger, production units must be located near the raw material source, lowering the final product cost, and eliminating logistical stress.
India is a major producer of turmeric, accounting for more than 78% of global output. Companies are increasingly focusing on establishing manufacturing operations in the country. The market's future is further strengthened by favorable regulatory regimes and supporting government initiatives in the next years.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐜𝐮𝐫𝐜𝐮𝐦𝐢𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞
• BioMax Life Sciences
• Hebei Tianxu Biotech Co.,Ltd
• JIAHERB, INC.
• Synthite Industries Ltd
• BioThrive Sciences
• Herboveda India Pvt. Ltd
• Sabinsa Corporation
• The Green Labs LLC
• WackerChemie AG
• Hindustan Mint & Agro Products Pvt. Ltd.
• Arjuna Natural Extracts Ltd.
• SV Agrofood
• Star Hi Herbs Pvt. Ltd.
• Helmigs Prima Sehejtera P.T
• SMP Nutra

𝐂𝐮𝐫𝐜𝐮𝐦𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐊𝐞𝐲 𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐲
𝐁𝐲 𝐍𝐚𝐭𝐮𝐫𝐞:
• Organic
• Conventional

𝐁𝐲 𝐅𝐨𝐫𝐦:
• Powder
• Liquid

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
• Heart Health
• Brain Health
• Stress/Anxiety Relief
• Anti-inflammation
• Antioxidant
• Flavouring & Colorant

𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞:
• Dietary Supplements
• Food Products
• Herbal & Medicinal Products
• Cosmetics

𝐑𝐞𝐠𝐢𝐨𝐧:
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐍𝐨𝐰! https://www.futuremarketinsights.com/reports/curcumin-market

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This release was published on openPR.