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

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Curcumin Market size to exceed USD 100mn by 2024
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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.

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Continued...

• 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.

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

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Browse Full Market Research Report On Curcumin
Market _at_ http//bit.ly/2u6FMxd Request for a
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ights.com/request-sample/detail/788
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