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Curcumin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global curcumin market size reached US$ 74.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 119.8 Million by 2027, exhibiting a growth rate (CAGR) of 8.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Curcumin is a yellow-colored, naturally occurring bioactive compound commercially extracted from the dried rhizome of the turmeric plant. It is rich in zinc, magnesium, calcium, iron and potassium and has anti-inflammatory, anti-oxidative, anti-fungal and anti-bacterial properties. It is consumed for relieving pain and in the treatment of various medical ailments, such as jaundice, hemorrhage and hematuria. Curcumin also aids in minimizing fatigue, exhaustion and inflammation in the liver. It is also widely used as a yellow food colorant and additive in numerous food products. As a result, it finds extensive applications in the manufacturing of nutraceutical products and food and beverages.

 

 
 

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The increasing prevalence of chronic medical ailments, such as osteoarthritis, obesity, cardiovascular diseases (CVDs), diabetes and cancer, is one of the key factors driving the growth of the market. Moreover, significant growth in the food and beverage, cosmetic and pharmaceutical industries is creating a positive outlook for the market. With the rising health consciousness among the consumers, there is an increasing demand for natural and organic curcumin for various medical applications. Curcumin is also used in the prevention of ringworms, eye infections, leech bites, sore skin, bruising and swelling on the skin. Additionally, the widespread adoption of curcumin in tissue engineering is also contributing to the market growth. Other factors, including the utilization of curcumin in the manufacturing of ayurvedic and herbal supplements, along with the increasing demand for natural food ingredients, are anticipated to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global curcumin market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application.

Breakup by Application:

 

 
 

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  • Food and Beverages
    • Bakery and Confectionery
    • Beverages
    • Dairy Products
    • Others
  • Pharmaceuticals
  • Cosmetics
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arjuna Natural Pvt Ltd., Biomax Life Sciences Limited., Helmigs Prima Sehejtera, Herboveda India Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Konark Herbals & Healthcare, Rosun Natural Products Pvt. Ltd., Sabinsa Corporation, Star Hi Herbs Pvt. Ltd., SV Agrofood, Synthite Industries Ltd. and Wacker Chemie AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arjuna Natural Pvt Ltd., Biomax Life Sciences Limited., Helmigs Prima Sehejtera, Herboveda India Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Konark Herbals & Healthcare, Rosun Natural Products Pvt. Ltd., Sabinsa Corporation, Star Hi Herbs Pvt. Ltd., SV Agrofood, Synthite Industries Ltd. and Wacker Chemie AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Curcumin Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Application
    6.1    Food and Beverages
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Bakery and Confectionery
           6.1.2.2 Beverages
           6.1.2.3 Dairy Products
           6.1.2.4 Others
        6.1.3 Market Forecast
    6.2    Pharmaceuticals
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Cosmetics
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7   Market Breakup by Region
    7.1    North America
        7.1.1 United States
           7.1.1.1 Market Trends
           7.1.1.2 Market Forecast
        7.1.2 Canada
           7.1.2.1 Market Trends
           7.1.2.2 Market Forecast
    7.2    Asia Pacific
        7.2.1 China
           7.2.1.1 Market Trends
           7.2.1.2 Market Forecast
        7.2.2 Japan
           7.2.2.1 Market Trends
           7.2.2.2 Market Forecast
        7.2.3 India
           7.2.3.1 Market Trends
           7.2.3.2 Market Forecast
        7.2.4 South Korea
           7.2.4.1 Market Trends
           7.2.4.2 Market Forecast
        7.2.5 Australia
           7.2.5.1 Market Trends
           7.2.5.2 Market Forecast
        7.2.6 Indonesia
           7.2.6.1 Market Trends
           7.2.6.2 Market Forecast
        7.2.7 Others
           7.2.7.1 Market Trends
           7.2.7.2 Market Forecast
    7.3    Europe
        7.3.1 Germany
           7.3.1.1 Market Trends
           7.3.1.2 Market Forecast
        7.3.2 France
           7.3.2.1 Market Trends
           7.3.2.2 Market Forecast
        7.3.3 United Kingdom
           7.3.3.1 Market Trends
           7.3.3.2 Market Forecast
        7.3.4 Italy
           7.3.4.1 Market Trends
           7.3.4.2 Market Forecast
        7.3.5 Spain
           7.3.5.1 Market Trends
           7.3.5.2 Market Forecast
        7.3.6 Russia
           7.3.6.1 Market Trends
           7.3.6.2 Market Forecast
        7.3.7 Others
           7.3.7.1 Market Trends
           7.3.7.2 Market Forecast
    7.4    Latin America
        7.4.1 Brazil
           7.4.1.1 Market Trends
           7.4.1.2 Market Forecast
        7.4.2 Mexico
           7.4.2.1 Market Trends
           7.4.2.2 Market Forecast
        7.4.3 Others
           7.4.3.1 Market Trends
           7.4.3.2 Market Forecast
    7.5    Middle East and Africa
        7.5.1 Market Trends
        7.5.2 Market Breakup by Country
        7.5.3 Market Forecast
8   SWOT Analysis
    8.1    Overview
    8.2    Strengths
    8.3    Weaknesses
    8.4    Opportunities
    8.5    Threats
9   Value Chain Analysis
10  Porters Five Forces Analysis
    10.1    Overview
    10.2    Bargaining Power of Buyers
    10.3    Bargaining Power of Suppliers
    10.4    Degree of Competition
    10.5    Threat of New Entrants
    10.6    Threat of Substitutes
11  Price Analysis
12  Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    Arjuna Natural Pvt Ltd.
           12.3.1.1 Company Overview
           12.3.1.2 Product Portfolio
        12.3.2    BioMax Lifesciences Ltd.
           12.3.2.1 Company Overview
           12.3.2.2 Product Portfolio
        12.3.3    Helmigs Prima Sehejtera
           12.3.3.1 Company Overview
           12.3.3.2 Product Portfolio
        12.3.4    Herboveda India Pvt. Ltd.
           12.3.4.1 Company Overview
           12.3.4.2 Product Portfolio
        12.3.5    Hindustan Mint & Agro Products Pvt. Ltd.
           12.3.5.1 Company Overview
           12.3.5.2 Product Portfolio
        12.3.6    Konark Herbals & Healthcare
           12.3.6.1 Company Overview
           12.3.6.2 Product Portfolio
        12.3.7    Rosun Natural Products Pvt. Ltd.
           12.3.7.1 Company Overview
           12.3.7.2 Product Portfolio
        12.3.8    Sabinsa Corporation
           12.3.8.1 Company Overview
           12.3.8.2 Product Portfolio
        12.3.9    Star Hi Herbs Pvt. Ltd.
           12.3.9.1 Company Overview
           12.3.9.2 Product Portfolio
        12.3.10    SV Agrofood
           12.3.10.1 Company Overview
           12.3.10.2 Product Portfolio
        12.3.11    Synthite Industries Ltd.
           12.3.11.1 Company Overview
           12.3.11.2 Product Portfolio
        12.3.12    Wacker Chemie AG
           12.3.12.1 Company Overview
           12.3.12.2 Product Portfolio
           12.3.12.3 Financials
           12.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Curcumin Market: Major Drivers and Challenges
Figure 2: Global: Curcumin Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Curcumin Market: Breakup by Application (in %), 2021
Figure 5: Global: Curcumin Market: Breakup by Region (in %), 2021
Figure 6: Global: Curcumin (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 7: Global: Curcumin (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 8: Global: Curcumin (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Curcumin (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Curcumin (Cosmetics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Curcumin (Cosmetics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Curcumin (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Curcumin (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: North America: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: North America: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: United States: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: United States: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Canada: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Canada: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Asia Pacific: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Asia Pacific: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: China: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: China: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Japan: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Japan: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: South Korea: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: South Korea: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Australia: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Australia: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Indonesia: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Indonesia: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Others: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Others: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Europe: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Europe: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Germany: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Germany: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: France: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: France: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: United Kingdom: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: United Kingdom: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Italy: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Italy: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Spain: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Spain: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Russia: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Russia: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Latin America: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Latin America: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Brazil: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Brazil: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Mexico: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Mexico: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Middle East and Africa: Curcumin Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Middle East and Africa: Curcumin Market: Breakup by Country (in %), 2021
Figure 62: Middle East and Africa: Curcumin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Global: Curcumin Industry: SWOT Analysis
Figure 64: Global: Curcumin Industry: Value Chain Analysis
Figure 65: Global: Curcumin Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Curcumin Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Curcumin Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 3: Global: Curcumin Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 4: Global: Curcumin Market: Competitive Structure
Table 5: Global: Curcumin Market: Key Players


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Key Questions Answered in This Report

The global curcumin market was valued at US$ 74.7 Million in 2021.

We expect the global curcumin market to exhibit a CAGR of 8.1% during 2022-2027.

The rising usage of curcumin in various nutraceutical products as its consumption aids in relieving pain, reducing inflammation, minimizing fatigue, etc., is primarily driving the global curcumin market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of curcumin.

Based on the application, the global curcumin market can be segmented into food and beverages, pharmaceuticals, cosmetics, and others. Currently, the pharmaceutical sector accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global curcumin market include Arjuna Natural Pvt Ltd., Biomax Life Sciences Limited., Helmigs Prima Sehejtera, Herboveda India Pvt. Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Konark Herbals & Healthcare, Rosun Natural Products Pvt. Ltd., Sabinsa Corporation, Star Hi Herbs Pvt. Ltd., SV Agrofood, Synthite Industries Ltd., and Wacker Chemie AG.

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