Curcumin is an ingredient of turmeric which is found in limited amounts in ginger. It is not water-soluble, but it is soluble in ethanol. It has excellent properties such as anti-inflammatory and anti-oxidation. It is extracted from turmeric and is widely used in pharmaceuticals, food and cosmetics industry for its anti-oxidation and anti-inflammatory properties.
Generally, curcumin can be divided into three applications: pharmaceutical, food and beverage and cosmetics. Among those applications, the purity of pharmaceutical grade is much higher than other two types, so is the price. Consumption of pharmaceutical grade accounts for the largest market share globally with 54.08% market share in 2015.
The production of curcumin mainly concentrates in India for the time being, which held 77.68% production share in 2015. Actually, India keeps extending the industry chain of turmeric. From turmeric plants to turmeric powder and curcumin, India has formed an integrated system. The country exports large amounts of turmeric related products to other countries per year. While, in China, limited by the supply of turmeric and technology, the country mainly produce curcumin for its own use with limited export. India is the industry pioneer of curcumin at the time.
Price fluctuations of curcumin have a very close relationship with turmeric. However, the harvest of turmeric is influenced by the weather obviously. Thus, price change of curcumin faces uncertainties each year. According to research, the price of curcumin is in the downward trend on the whole in the recent few years. With relatively sufficient supply of turmeric, it is estimated that price of curcumin will keep going down in the coming years, taking no account of extreme weather change in the turmeric growth regions.
The report offers detailed coverage of Curcumin industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Curcumin by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Curcumin market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Curcumin market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Synthite Ind
Sabinsa
Indena
Biomax
K.Patel Phyto
Arjuna
Naturite
Konark
Arpan
Star Hi Herbs
Guangye Natural
Zhongda Bio
Chenguang Biotech
Tianxu Biotech
Tairui Biotech
At the same time, we classify Curcumin according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pharmaceutical Grade
Food Grade
Cosmetic Grade
Market by Application
Pharmaceutical
Food and Beverage
Cosmetics
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Curcumin market for the forecast period 2021 - 2025?
• What are the driving forces in the Curcumin market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Curcumin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?