Curcumin Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate - PowerPoint PPT Presentation

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Curcumin Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate


Curcumin Market Size By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 – PowerPoint PPT presentation

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Title: Curcumin Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate

Curcumin Market size to exceed USD 100mn by 2024
Key Insights from Curcumin Market
  • Curcumin Market size is estimated to surpass USD
    100 million by 2024 according to a new research
    report by Global Market Insights, Inc. Strong
    product scope in pharmaceutical applications
    owing to product usage as anti-inflammatory,
    anti-microbial, anti-diabetic, and anti-tumor is
    surging the curcumin market growth. The product
    plays an important role in the treatment of
    Alzheimers disease and neurological disorders.
    Robust growth in the pharmaceutical sector owing
    to the rising prevalence of chronic and
    non-communicable diseases will propel the
    curcumin industry share. Also, the product is
    used to develop creams and ointments to treat
    various skin problems owing to its
    anti-inflammatory and anti-oxidant properties.
  • The rise in awareness of the health benefits of
    the product supported by increasing production
    capacity will drive the business expansion. In
    addition, increasing the consumption of healthy
    and organic foods will support curcumin market
    expansion. Shifting preference towards natural
    food additives will drive the product demand over
    the forecast timeframe. Moreover, rising in
    demand for cosmetics majorly including products
    such as hair care and skin care products is
    expected to propel the curcumin market expansion
    over the forecasted time frame. The product is
    widely used to prepare anti-aging and cleansing
    products owing to its antioxidant nature.

  • Food applications are expected to hold over 40
    share in total curcumin demand by 2024. It is
    used in the food beverage industry as a spice,
    flavoring, and coloring agent. Curcumin has
    several health benefits such as lowering the
    process of aging due to its antioxidant
    properties. Continuous product development and
    innovations to increase the shelf life of the
    food products will promulgate the product demand.
  • The Asia Pacific is projected to witness over
    12.5 CAGR from 2017 to 2024. Rising demand for
    food and beverage owing to the increase in
    population will drive the curcumin market.
    Growing demand for herbal and ayurvedic medicine
    in other regions to cure and prevent chronic
    diseases will support business expansion.
    Further, Asia Pacific holds around 37 share in
    the global cosmetics industry. Increasing product
    scope in cosmetic applications for reducing scars
    acne and provide glow to the skin is
    anticipated to augment the regional share.
  • The global curcumin industry share is fragmented
    in nature due to the presence of several
    international and regional manufacturers. Key
    industry participants include Hindustan Mint and
    Agro Products, Synthite Industries, Biomax
    Lifesciences, SV Agrofood, Konark Herbals
    Health Care, SV Agrofood and Helmigs Prima
    Sejahtera PT.

North America Curcumin Market, By Application,
2016 2024, (USD Thousand)


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