15 July 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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Report contents include
• Analysis of the curcumin market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on curcumin including products, sales/revenues, and market position
• Market structure, market drivers and restraints.
• North America
• Asia Pacific
• Middle East and Africa
• South America
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The curcumin market offers a multitude of challenges for the industry participants and the gaining decisive understanding of these challenges have impelled the players to pander strategic merger & acquisition activities with their fellow contenders. 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.
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.