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The Australia curcumin market size is projected to grow at a CAGR of 7.4% between 2024 and 2032.
Some of the key trends aiding the Australia curcumin market development include the increasing consumer preference for natural ingredients, particularly in food and beverages, pharmaceuticals, and nutraceuticals. This trend is driven by a growing awareness of the health benefits associated with curcumin, such as its anti-inflammatory and antioxidant properties. Moreover, the demand for curcumin is rising due to the shift towards vegetarian and herb-based food items, aligning with the changing nutritional choices of consumers.
Health-conscious consumers are fuelling the market growth as curcumin is recognised for its medicinal properties, especially in pharmaceuticals and nutraceuticals. The market is witnessing a rise in curcumin-based supplements for various health benefits, such as treating anorexia, arthritis, and diabetic sores. Moreover, the skincare industry is embracing curcumin for its anti-inflammatory and antioxidant properties, driving its incorporation into products for skin care applications like preventing skin sores, bruises, and gum diseases. In the food and beverage segment, curcumin is being used in bakery and confectionery products, dairy items, and other food applications, showcasing a diverse range of uses.
Currently, conventional curcumin holds a significant Australia curcumin market share, but organic curcumin is poised for faster growth in the upcoming years, driven by increasing consumer awareness and the preference for high-quality natural products. This is due to the rising popularity of plant-based supplements and superfoods in packaged food products, reflecting a shift towards healthier and more sustainable choices. An example of this trend can be seen in the increasing use of organic curcumin in herbal and medicinal products.
Australia Curcumin Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Nature
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
Market players are emphasising the production of organic curcumin, which appeals to consumers seeking natural and environmentally friendly products with potential health benefits.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Nature |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Curcumin Market Overview
8.1 Key Industry Highlights
8.2 Australia Curcumin Historical Market (2018-2023)
8.3 Australia Curcumin Market Forecast (2024-2032)
9 Australia Curcumin Market by Nature
9.1 Organic
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Conventional
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Others
10 Australia Curcumin Market by Application
10.1 Food and Beverages
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Bakery and Confectionery
10.1.3.2 Dairy Products
10.1.3.3 Others
10.2 Cosmetics
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Pharmaceuticals
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Nutraceuticals
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Curcumin Market by End Use
11.1 Dietary Supplements
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Herbal and Medicinal Products
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Food Products
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Curcumin Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code -091030)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Silverline Chemicals
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Plant Doctor Pty Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Nature’s Care Manufacture Pty Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Australian NaturalCare
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 New Directions Australia Pty Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Curcumin Market: Key Industry Highlights, 2018 and 2032
2. Australia Curcumin Historical Market: Breakup by Nature (USD Million), 2018-2023
3. Australia Curcumin Market Forecast: Breakup by Nature (USD Million), 2024-2032
4. Australia Curcumin Historical Market: Breakup by Application (USD Million), 2018-2023
5. Australia Curcumin Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Australia Curcumin Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Australia Curcumin Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Australia Curcumin Historical Market: Breakup by Region (USD Million), 2018-2023
9. Australia Curcumin Market Forecast: Breakup by Region (USD Million), 2024-2032
10. Major Importing Countries by Volume
11. Major Exporting Countries by Volume
12. Major Importing Countries by Value
13. Major Exporting Countries by Value
14. Australia Curcumin Market Structure
The Australia curcumin market value is expected to grow at a CAGR of 7.4% between 2024 and 2032.
The market is being driven due to increasing consumer preference for natural ingredients, growing awareness of the health benefits associated with curcumin, and shift towards vegetarian and herb-based food items.
Key trends aiding the market expansion include demand for curcumin in pharmaceuticals, surge in research for new curcumin-based formulations, and development of products containing curcumin in the cosmetics industry.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
In terms of applications, the market breakup consists of food and beverages (bakery and confectionery, dairy products, among others), cosmetics, pharmaceuticals, nutraceuticals, among others.
Based on end use, the market segmentations include dietary supplements, herbal and medicinal products, and food products, among others.
Based on nature, the curcumin market is divided into organic and conventional.
Key companies in the market include Silverline Chemicals, Plant Doctor Pty Ltd., Nature’s Care Manufacture Pty Ltd., Australian NaturalCare, and New Directions Australia Pty Ltd., among others.
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