[3/11/2019]: The global Curcumin Market is estimated to gain huge traction in the forthcoming years.
Turmeric is derived from Curcuma longa plant and on an account of its
therapeutic properties, it is widely used as an active ingredient in food and
medicinal products. “An increasing demand for natural coloring agents, along
with added anti-inflammatory and antioxidant properties, is gaining a strong
popularity among herbal skin care and ayurvedic cosmetic products.”
The
demand for curcumin is projected to be driven by its increasing use in
pharmaceutical products for treating arthritis and osteoarthritis. Low consumer
awareness of curcumin’s health benefits in North America is hampering the
market growth. The growing spending on improvised cultivation programs is
boosting botanical raw material production, along with the coexisting offerings
of modern-day science and marketing is opening opportunities for entrants who
are striving to capitalize in this market.
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The
market presents a detailed depiction of the application segment which comprises
of pharmaceutical, cosmetics, food & beverage and others. Market has been
categorized based on the key regions as North America, Europe, Asia-Pacific,
Latin America, and Middle East & Africa. Asia Pacific is the largest
curcumin market as it holds the largest share in curcumin production and is
attributed as a top-ranking herbal supplement manufacturer and distributer in
the global market.
An
increase in the penetration of synthetic curcumin versions into the supply
chain has compelled the FDI to scrutinize the proof of safety, for curcumin
products to be legally sold in the global market. The level of radioactivity or
assimilated carbon dioxide is used to distinguish plant-derived extract from
the adulterated equivalents. Increasing investment in lab testing has been
endeavored by the shareholders to enable accurate measurement of relative
ratios of each of the constituents.
Some
of the prominent players dominating the curcumin machine market include Wacker
Chemie AG, Synthite Industries Ltd., BioMax Life Sciences Ltd., Arjuna Natural
Extracts Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Star Hi Herbs Pvt.
Ltd., SV Agrofood, Helmigs Prima Sejahtera P.T., Tri Rahardja PT/Javaplant,
Herboveda India Pvt. Ltd., Konark Herbals & Health Care, Sabinsa
Corporation, and Rosun Natural Products Pvt. Ltd. Among others.
Regional Perspectives of curcumin market
Overview
North America
by
Application
by
Country (U.S., Canada, Mexico, etc.)
Europe
by Application
by
Country (Germany, UK, France, Spain, Italy, etc.)
Asia-Pacific
by Application
by Country (China, Japan, Korea, India, etc.)
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