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Global Curcumin Market: By Form: Powder, Liquid; By Application: Pharmaceutical, Food, Cosmetics, Others; Regional Analysis; Historical Market and Forecast (2018-2028); 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 2023-2028. 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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Form |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Price Analysis |
|
| 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. |
*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
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Curcumin Market Analysis
8.1 Key Industry Highlights
8.2 Global Curcumin Historical Market (2018-2022)
8.3 Global Curcumin Market Forecast (2023-2028)
8.4 Global Curcumin Market by Form
8.4.1 Powder
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Liquid
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Curcumin Market by Application
8.5.1 Pharmaceutical
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Food
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Cosmetics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Curcumin Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Curcumin Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Curcumin Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Curcumin Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Curcumin Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Curcumin Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Wacker Chemie AG
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 Biomax Life Sciences
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 Synthite Industries 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 Shaanxi Jiahe Phytochem Co., Ltd
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 SV Agrofood
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 Nuvothera, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
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, 2018 and 2028
2. Global Curcumin Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global Curcumin Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global Curcumin Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Curcumin Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Curcumin Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Curcumin Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Curcumin Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Curcumin Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Curcumin Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Curcumin Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Curcumin Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Curcumin Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Curcumin Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Curcumin Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Curcumin Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Curcumin Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.
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 2023-2028.
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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