Press Release

Global Curcumin Market to Grow at a CAGR of 9.1% During the Period 2024-2032, Driven by Health Benefits Offered by curcumin

Global Curcumin Market

According to a new report by EMR titled, ‘Global Curcumin Market Report and Forecast 2024-2032’, the global curcumin market is expected to grow at a CAGR of 9.1% during the period 2024-2032, led by growing consumer awareness of benefits of curcumin.

The global curcumin market is expected to be driven by health benefits afforded by curcumin, including anti-inflammatory benefits; usefulness in heart disease, cancer, metabolic syndrome, Alzheimer’s disease, depression, arthritis and various degenerative conditions; improved antioxidant capacity of the body; and enhanced brain-derived neurotrophic factor. Health-conscious consumers looking to perform better and stay active are expected to help market growth. Younger adults that use turmeric for antioxidant and recovery support, and older consumers seeking benefits of turmeric for joint support and memory indications are likely to boost market growth. North America, Europe and Asia are likely to be key markets.

 

Curcumin has received significant interest due to its therapeutic potential as anti-inflammatory, anti-diabetic, anti-cancer, and anti-aging agent. In 2021, it was reported that ingestion of the curcumincyclodextrin complex CAVACURMIN® led to an increased metabolic bioavailability of tetrahydrocurcumin. A significant portion of supplemented curcumin is converted into tetrahydrocurcumin in the body, and the metabolite is accredited with anti-inflammatory and antioxidant properties. CAVACURMIN® demonstrably boosted the bioavailability of both curcumin and tetrahydrocurcumin.

 

Several companies offer curcumin formulations. In 2022, Sabinsa developed a new product sourced from turmeric; CurCousin™, Sabinsa’s latest branded ingredient, contained Calebin A, a curcumin analog naturally present in Curcuma longa and Curcuma caesia. CurCousin™ helped balance cholesterol and assist healthy blood sugar levels and circulation. It also supported a healthy body weight by inhibiting adipogenesis (fat cells).

 

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In 2021, Vieroots launched Curcumin Latte to fight chronic inflammation. Two potent natural anti-inflammatory compounds – Curcumin of 95 per cent purity and MCT Oil – were combined to form a powerful but safe formulation to strike at the root cause of lifestyle diseases like obesity, diabetes, hypertension, cardiovascular diseases, cancers, etc. Such developments are expected to drive the global curcumin market.

 

In 2020, Sabinsa strengthened its market position in Canada with the grant of three new patents. Patent CA2976689 was for an invention for a water-soluble form of Curcumin, which Sabinsa sold under the brand named uC3 Clear®. The patent disclosed a method of solubilizing curcuminoids using polyvinyl pyrrolidone and sodium bis (2-ethylhexyl) sulfosuccinate.

 

In 2020, Synthite Industries ventured into the health and wellness market with the launch of a nutraceutical brand NatXtra, a combination of botanical extracts, vitamins, minerals and bio-actives.

 

The products offered by NatXtra included CurQmeg-3 - a product made with 100 per cent plant-based source of Omega 3; the micro-encapsulated formula also combined curcumin and the uncommon ‘Vitamin K2’ to support ideal cardiac health.

 

Key Findings of the Report:

  • The global curcumin market is expected to be driven by health benefits afforded by curcumin.
  • Growing consumer awareness of benefits offered by curcumin is likely to boost market growth.
  • North America, Europe and Asia are likely to be key markets.

 

Market Analysis by Form, Application and Region:

  • By form, the market is segmented into Powder and Liquid.
  • By application, the market is classified into Pharmaceutical, Food, Cosmetics, and Others.
  • By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

 

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