The global Curcumin market study covers the projection size of the market both in terms of value (Mn/Bn US$) and volume (x units). The report estimates the lookup of different local distributors in the overall market and provides the market size of the Curcumin market using both bottom-up and top-down approaches. To investigate the key players and their market contribution, primary and secondary research has been comprehensively performed. In addition, all the figures, subdivisions, and shares have been collected with the help of trustworthy sources.
In the Curcumin market research study, 2018 is considered as the base year, and 2019-2019 is considered as the forecast period to predict the market size. The report identifies each Curcumin market player on the basis of market share, production portfolio, and growth rate. In addition, the research study analyzes the strengths, weaknesses, opportunities and threats of the players.
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Global Curcumin market report on the basis of market players
Trends and Opportunities
The global market for curcumin is likely to display strong growth potential over the coming years owing to growing awareness among consumers pertaining to the presence of artificial ingredients in food, cosmetics, and medicines. Concerns regarding artificial ingredients and their side-effects has impelled manufacturers to use organic ingredients in their products. The market for curcumin is likely to be driven by the presence of anti-cancer, anti-oxidation, and anti-inflammatory properties in cosmetics and medicines. Implementation of government regulations prohibiting the use of certain chemicals is anticipated to increase the adoption of curcumin across several industries. Growing preference of consumers towards the use of herbal skin care products is further expected to benefit the market. The rising acceptance of the product in the treatment of viral infections, tumors, and arthritis is further expected to accelerate the sales of curcumin. The mounting use of curcumin in pharmaceutical applications for treating gastric ailments and diseases such as Alzheimer is expected to augment its demand over the coming years. Curcumin is expected to have high scope in the food and beverages segment, however, the availability of synthetic substitutes may hamper the market’s growth.
Global Curcumin Market: Regional Outlook
Region-wise, Europe is expected to emerge as a prominent market owing to growing consumer expenses on healthy products and regulatory compliance by food safety and pharmaceutical associations. North America is also likely to present profitable opportunities for the market’s growth owing to the growing demand for herbal treatments and applications. High usage of curcumin in Asia Pacific’s food and beverages industry is another notable factor bolstering the growth of the market.
Global Curcumin Market: Vendor Landscape
Some of the leading companies in the curcumin market are Synthite Industries, Hindustan Mint & Agro Products, SV Agrofood, Arjuna Natural Extracts, Herboveda India, Biomax Life Sciences, and Konark Herbals. Most of the companies are India based as the production of curcumin is concentrated mainly in India.
The report provides market share, consumption pattern, and influencing factors of each region. Prominent countries driving the regional growth are also covered in the report.
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Highlights of the report:
- Scrutinized data of the drivers and restraints affecting the growth of the Curcumin market.
- Detailed analysis of distribution channels, and consumption patterns, of the global Curcumin market.
- Comprehensive evaluation of the Curcumin market player, which includes strengths, weaknesses, opportunities and threats.
- In-depth information regarding the recent R&D projects across various regions and end-use industries.
- Up-to-date insights about the trends influencing the Curcumin market growth, including ecological preservation, and regulatory norms.
The Curcumin market report answers the following questions:
- Why are the players focusing on the production of segment?
- Which regions are serving lucrative opportunities to the Curcumin market players?
- What manufacturing techniques are being utilized for the production of Curcumin ?
- Which segment currently holds the majority of share of the global Curcumin market?
- Which trends have the maximum impact on the growth of the global Curcumin market?
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