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Curcumin Market Trends

  • Report ID: GMI788
  • Published Date: Nov 2023
  • Report Format: PDF

Curcumin Market Trends

Increasing demand for curcumin-based products in the dietary supplement sector is a prominent trend. Rising awareness and health-consciousness are driving the consumers toward natural and plant-based foods. Curcumin is further used in functional foods and beverages as consumers look for natural supplements to enhance the immune system and control inflammatory conditions. All these factors push the product demand with the prevailing interest in preventive health measures.
 

Curcumin was earlier being used in traditional cuisine and herbal medicine and it is now finding its way into the non-food sectors. It is specifically being used in cosmetic and personal care industry owing to its anti-inflammatory properties. The product is also vividly used in pharmaceuticals, pet supplements and as natural colorants showing its adaptability and versatility in several industries.
 

Additionally, the rising R&D activities act as a significant trend in the curcumin market growth. Both the academia and industry players are investing in the research to improve the bioavailability of it, explore new delivery methods and introduce new formulations. For instance, Indian Association for the Cultivation of Science, have developed a novel method by which curcumin can be combined into drug nano formulations. Similar studies will address some of the limitations linked to the stability of the product thus increasing its possible applications, shaping the curcumin industry dynamics.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of curcumin is set to record over 11.2 % CAGR during 2023 to 2032, due to the rising awareness about the health benefits of the product such as its antioxidative and anti-inflammatory properties.

The cosmetic application segment will witness more than 12% growth rate through 2032, owing to the antiseptic properties, and consumer preference towards using natural and plant-based beauty products.

Europe market will grow at the rate of over 13% CAGR till 2032, attributed to the inclination towards the use of plant-based and natural products in the region.

Biomax Life Sciences, Synthite Industries, Hindustan Mint & Agro Products, Arjuna Natural Extracts, SV Agrofood, Star Hi Herbs.

Curcumin Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 239
  • Countries covered: 18
  • Pages: 160
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