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Global Curcumin Market: By Form: Powder, Liquid; By Application: Pharmaceutical, Food, Cosmetics, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; Industry Events and Developments
Global Curcumin Market Outlook
The global Curcumin market is expected to grow at a CAGR of 9.1% during the period 2022-2027. North America, Europe and Asia are likely to be key markets.
Global Market Likely to be Driven by Health Benefits Afforded by 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.
Turmeric, a curry spice that originated from India, has received much interest as it carries bioactive curcuminoids (curcumin, demethoxycurcumin, and bisdemethoxycurcumin). It is suggested that curcumin may act as an anticancer, antibiotic, anti-inflammatory, and anti-aging agent. Several companies have developed curcumin formulations. Nutraceuticals, dietary supplements, and functional foods have become quite popular due to increased consumer interest in natural products and their potential health benefits. Turmeric is a commonly used spice in the preparation of curries in India and other Asian countries; it is greatly valued for its colour, flavour and medicinal and health benefits. India is a major producer and exporter of turmeric. Popular Indian turmeric brands include Tata Sampann Turmeric Powder, Catch Turmeric Powder, Vedaka Turmeric Powder, Everest Turmeric Powder, 24 Mantra Organic Turmeric Powder, Aashirvad Turmeric Powder, looms & weaves Turmeric Powder, Patanjali Turmeric Powder, Aachi Turmeric Powder, and Carmel Organics Turmeric Powder, among others.
Popular curcumin supplements in India include Himalayan Organics Curcumin with Bioperine (Himalayan Organics), Pure Nutrition Curcumin Plus with Black Pepper (Pure Nutrition), HealthyHey Nutrition Curcumin with Bioperine (HealthyHey Nutrition), Carbamide Forte Curcumin with Piperine Tablets (Carbamide Forte), Setu Turme Rich Curcumin Capsules (Setu), and others. It is expected that the global market for turmeric as well as curcumin would increase significantly during the forecast period.
Growing Use of Curcumin and Turmeric in Health Supplements Expected to Boost Market Growth
Companies are providing health supplements based on turmeric and curcumin. These products are expected to boost the global curcumin market. Popular brands include:
Divinity Nutra - Divinity Nutra Curcumin C3 Complex® is considered a good turmeric supplement on the market overall. Available on Amazon.
Sports Research - Sports Research turmeric offers a good balance between cost and effectiveness. It carries patented ingredients and is considered one of the better turmeric pills on the market. Available on Amazon and other online retailers.
Gaia - Gaia Turmeric Supreme offers high-quality curcumin; strikes a good balance between product features and affordability, making it a good alternative for consumers looking for turmeric capsules.
Qunol - Qunol turmeric offers water dispersion technology, offering the product a unique
Youtheory - Youtheory turmeric is a high-quality supplement utilizing trusted ingredients, Curcumin C3 Complex® and BioPerine®.
Nature’s Bounty - Nature’s Bounty turmeric is a popular name and offers a good curcumin supplement. It uses BioPerine® which helps improve overall absorption and potency.
Increasing Consumer Awareness Towards Benefits of Curcumin and Use of Curcumin in Cosmetics and Ayurvedic Products Likely to Boost Market Growth
The global curcumin market is likely to be driven by increasing consumer awareness of benefits afforded by curcumin. Curcumin is also widely used in cosmetics and the pharmaceutical industry, especially Ayurvedic formulations. Curcumin comes in several forms, such as capsules, tablets, ointments, energy drinks, soaps, and cosmetic products. Curcumin is extensively used in skin care preparations owing to its antioxidant, anti-inflammatory, and anti-aging effects. Cosmetic products containing curcumin include shampoos, oil serums, foundations, masques, conditioning lip balms, elixirs, and muscle gels.
Market Segmentation
By form, the market is segmented into:
- Powder
- Liquid
By application, the market is divided into:
- Pharmaceuticals
- Food
- Cosmetics
- Others
By region, the market is classified into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Key Industry Players in the Market
The report presents a detailed analysis of the following key players in the global curcumin market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Wacker Chemie AG
- Biomax Life Sciences
- Synthite Industries Ltd.
- Shaanxi Jiahe Phytochem Co., Ltd
- SV Agrofood
- Nuvothera, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Form |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Price Analysis |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Curcumin Market Analysis
8.1 Key Industry Highlights
8.2 Global Curcumin Historical Market (2017-2021)
8.3 Global Curcumin Market Forecast (2022-2027)
8.4 Global Curcumin Market by Form
8.4.1 Powder
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Curcumin Market by Application
8.5.1 Pharmaceutical
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Food
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Cosmetics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Curcumin Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Wacker Chemie AG
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Biomax Life Sciences
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Synthite Industries Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Shaanxi Jiahe Phytochem Co., Ltd
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 SV Agrofood
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Nuvothera, Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
List of Key Figures and Tables
1. Global Curcumin Market: Key Industry Highlights, 2017 and 2027
2. Global Curcumin Historical Market: Breakup by Form (USD Million), 2017-2021
3. Global Curcumin Market Forecast: Breakup by Form (USD Million), 2022-2027
4. Global Curcumin Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Curcumin Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Curcumin Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Curcumin Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Curcumin Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Curcumin Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Curcumin Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Curcumin Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Curcumin Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Curcumin Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Curcumin Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Curcumin Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Curcumin Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Curcumin Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Curcumin Market Structure
Key Questions Answered in the Report
The global curcumin market is projected to grow at a CAGR of 9.1% between 2022 and 2027.
The major drivers of the market include the rising demand for curcumin-based ayurvedic and herbal personal care products, consumer inclination for organically produced products, growing research and development activities, and growing cosmetic industry.
The increasing consumer awareness of benefits afforded by curcumin are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various forms of curcumin in the market include powder and liquid.
The product finds major applications in pharmaceuticals, food, and cosmetics, among others.
The major players in the industry are Wacker Chemie AG, Biomax Life Sciences, Synthite Industries Ltd., Shaanxi Jiahe Phytochem Co., Ltd, SV Agrofood, and Nuvothera, Inc., among others.
Analyst Review
The global curcumin market was driven by the health benefits afforded by curcumin in the historical period. Aided by the rising demand for curcumin-based ayurvedic and herbal personal care products and consumer inclination for organically produced products, the market is expected to grow at a CAGR of 9.1% in the forecast period of 2022-2027.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The various forms of curcumin in the market are powder and liquid. The major applications of the market are pharmaceuticals, food, and cosmetics, among others. The major regional markets for curcumin are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the market are Wacker Chemie AG, Biomax Life Sciences, Synthite Industries Ltd., Shaanxi Jiahe Phytochem Co., Ltd, SV Agrofood, and Nuvothera, Inc., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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