Global Curcumin Market

Curcumin Market Insights 

The curcumin market is expected to experience an upward trend during the forecast period. Curcumin has properties of anti-inflammation and is present in turmeric as a bioactive substance. The ingredient has the potential to improve anxiety, depression, and also relieve the pain in osteoarthritis. The ongoing research indicates curcumin aiding in preventing cancer, improve the process of chemotherapy, and also protecting healthy cells. They are used and found in Asian medicines and treat varied illnesses. It works as a therapeutic agent and also increases the immunity mechanism. The increasing demand for curcumin from the cosmetic industry is also expected to add to its positive market growth. The Chinese and Indian market has abundant market potential for the curcumin and will contribute to its high demand owing to growing cosmetic and research activities. The nanoencapsulation of curcumin is another area that can improve its chemical stability and has multifold applications in the food and other industry verticals. The immunity-boosting property of the curcumin can also have significant growth potential in fighting early symptoms of the COVID-19 virus which can aid the market towards high growth.

Curcumin Market: By Application

Based on the application, the market considers cosmetics, pharmaceuticals, and food among others into being. The pharmaceutical segment would grow in an upward direction. The nanoencapsulation of curcumin has the potential to treat cancer, and also neurological diseases. The excellent market potential for curcumin in the Asia-pacific region will be the key driver for the substance’s high market growth. The cosmetic industry will experience a rising trend in this market. Due to their excellent anti-inflammatory characteristic, they have the potential to treat acne and rejuvenate skin. It also works as a skin colorant in the cosmetic verticals.

Curcumin Market: By Region

Based on the region, Europe would have abundant market potential and also yield maximum revenue for this market. The well established and rising cosmetic industry, the growth of natural skincare products in the region will be the prime factors driving the market demand in the region. The North America region would also represent abundant growth potential for curcumin owing to the greater supply of organic, cruelty-free products by the manufacturers of organic skincare products in the United States.

Market Share and Competitive Analysis

Key players operating in the market include Glanbia Nutritionals, Pharmavit, Maxnova Healthcare, Herbal creations, Caraline Labs, Alobha Exim, Global Essence, SMP Nutra, Bio ThriveSciences, AKAY, Sabnisa Gmbh, Husarich GmbH, and Dudley Chemical Corp among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In July 2020, the Journal of General Virology published a study that revealed that curcumin has the benefit of treating transmissible gastroenteritis virus.

Check the Press Release on Global Curcumin Market Report