Press Releases
 
Curcumin Market: Increasing Demand for Natural Ingredients in Personal Care Products Propels Market

, 11 January 2019 -- Curcumin Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

According to the latest market report published by Transparency Market Research, titled 'Curcumin Market: Global Industry Analysis 2018-2026', the revenue generated from curcumin has been estimated to be valued over US$ 282.2 Mn in 2018, which is projected to increase to US$ 465.8 Mn, at a CAGR of 6.5% during the forecast period (2018-2026).

Tough competition and fragmentation prevail in the global curcumin market. The food processing industry has incorporated curcumin, predominantly due to its various functional properties. The increasing consumption of food supplements is one of the key factors that has a positive impact on the curcumin market, as people with heart problems, brain health problems, stress & anxiety issues, and inflammatory conditions typically tend to consume curcumin, as it helps treat various types of health issues.

Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6481

The growing demand for natural ingredients in skincare products from consumers, which includes curcumin, helps in the growth of the curcumin market. There are a few other factors that help in the growth of the curcumin market, such as curcumin and curcumin-derived products are gaining traction in dietary supplements, due to the increasing awareness among consumers regarding curcumin and its functions across the globe. Recently marketed as superfood, curcumin has been traditionally used in Indian Ayurveda, due to its excellent antioxidant and anti-inflammatory benefits. High demand for curcumin usually comes from countries such as India and China, where a large number of manufacturers are using curcumin as a popular ingredient in cosmetic and skincare products. Currently, curcumin is being used as an important ingredient in a wide variety of skincare products that are marketed as herbal cosmetics in India, which is the largest producer of turmeric, worldwide. Apart from this, curcumin has also been used as an age defying agent, inhibiting the early aging and sagging of skin. Curcumin provides a natural alternative to many synthetic antioxidants used in beauty products and supplements

By application, the antioxidant segment is estimated to account for 29.7% value share of the curcumin market in 2018, and is forecast to reach 30.6% by the end of the forecast year 2026. The antioxidant segment is expected to register a growth rate of 6.8% over the forecast period 2018 to 2026. On the basis of nature, the conventional curcumin segment is estimated to account for a more significant growth rate in the global curcumin market over the forecast period. On the basis of region, the North American curcumin market is estimated to account for a significant revenue share of 45.1% in 2018, followed by Europe, in the global curcumin market.

The world population is increasing and becoming wealthier. There will be more mouths to feed and more plates to fill. With a changing variety of food and beverages, they tend to be consumed in different ways as populations transition to the middle class, which is likely to impact the demand for curcumin in the preparation of packaged and processed food products.

Arable land is decreasing as urbanization increases, and global water supply will be an ongoing constraint, not to mention the impacts of climate change on agricultural output. These supply constraints are also impacting the feedstock from which curcumin is produced, and thus, accelerating the need to find alternative ways to meet food demand.

Some of the major companies operating in the curcumin market space are Sabinsa Corporation, Synthite Industries Ltd., Biomax Life Sciences Limited, Hebei Tianxu Biotech Co., Ltd, Jiaherb Inc., Herboveda India Pvt. Ltd, The Green Labs LLC, and Wacker Chemie AG, among other curcumin producers.

# # #


Submitted by amyjames on Friday, 11 January 2019 at 2:35 PM
Category: Food & Fashion
 
Related News

Cranberry Juice Concentrate Market Expands Worldwide With Impressive Sales Trends By 2026
Friday, 18 Jan 2019

Functional Oligosaccharides Market – Overview of Vital Industry Drivers
Friday, 18 Jan 2019

Green Glycol Market Driven by Increasing Demand for Natural Products
Friday, 18 Jan 2019

Milk Fat Replacers Market - Healthy Food Trends Surging the Demand Globally
Friday, 18 Jan 2019

Flavored Sea Salt Market - A ‘Healthful Cooking’ Trend Fueling the Demand
Friday, 18 Jan 2019

Related Events

11th Annual American Food Innovate Summit, Chicago (February 4-5, 2019)
Monday, 4 Feb 2019

Hospitality Tech and Innovation Fourm
Monday, 25 Mar 2019

European Food Sure Summit, 13th - 14th May 2019, Amsterdam
Monday, 13 May 2019

Latest News

Actionable Tips to Choose a Garage Door Service
Sunday, 20 Jan 2019

Know The Advantages Of Using Interactive Displays In Retail Industry
Sunday, 20 Jan 2019

Alexander the Great Greek Restaurant Offers Tasty Greek Foods with Authentic Greek Environment
Sunday, 20 Jan 2019

HCX to host Crypto Assets & Institutional Investors Summit during World Economic Forum 19-20 January
Sunday, 20 Jan 2019

Demos Continental Greek Grocery Store Offers Rich Outstanding Quality Greek Groceries
Sunday, 20 Jan 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Monday, 21 January 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Montreal Graduate Fair - Meet Top US And International Master's Programs
  • Mayo Clinic Urology Review 2019
  • Social Media in the Pharmaceutical Industry
  • SMi's 8th Annual Pharmaceutical Microbiology UK Conference
  • Social Media in the Pharmaceutical Industry, 21-22 January 2019, London, UK

  • Latest Jobs
    Sorry, there are currently no entries posted here.