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According to a recent study report published by Market Research Future, the global organic curcumin market is forecasted to demonstrate an enormous growth by 2023, registering an impressive CAGR throughout the forecast period (2017-2023). The spreading awareness towards curcumin’s health benefitting properties is the key driving force behind the growth of the market.These researches continue to grow and expand into a variety of areas of health benefits due to the immense potential curcumin shows as a natural healing remedy. Curcumin’s rise to supplement stardom was rapid. The popularity of this powerful compound continues to climb as research expands the breadth of its health benefits and innovation driving its market forward.
Curcumin is a compound found in special herbs such as turmeric, Reishi mushroom, Licorice, and clover among others. Curcumin is the substance that gives these herbs & spices numerous health benefits. Organic curcumin refers to the extraction of curcumin from completely natural and organically sourced produces.
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Loaded with antioxidant and anti-inflammatory properties, curcumin offers a number of health benefits. Consumption of curcumin can assure a naturally reduced inflammation throughout the body, may help prevent types of cancer and heart diseases. Curcumin supports skin health by protecting it from oxidative stress and inflammation. Also, curcumin is widely used to impart color and flavor to food.
As a result, curcumin finds its huge application in various health befitting products such as medicines, health nutrition, dietary supplements, and functional foods as well as in personal care and cosmetic products and as a food additive. Curcumin is one of the most extensively studied ingredients for dietary supplements, and functional foods.
Led by the changing lifestyle and increasing interest in the healthy lifestyle, the demand for organic curcumin has increased recently especially from the industries such as natural and dietary food & beverages and pharmaceutical among others which, in turn, is propelling the growth of the market. The massive market penetration is leading to the development and subsequent introduction of new curcumin products.
Development of distribution channel such as retail sales of curcumin products across various regions is impacting the growth of the market positively, increasing the accessibility to genuine curcumin products. The market players are responding to these new opportunities by expanding their service offerings and product lines which is improving the economy of the market.
Additionally, a massive demand from the cosmetic and herbal skin care products industry and the enhancement of the product development alongside the technological advancements are some of the significant factors reasoning the increasing growth of the organic curcumin market during the forecast period 2017-2023.
Major Players:
Key players leading the global curcumin market include-
• Arjuna Natural Extracts Ltd (India)
• Biomax Life Sciences Limited (India)
• Helmigs Prima Sejahtera (Indonesia)
• Yangling Cuijian Bioengineering Technology Co., Ltd. (China)
• Curcumex BV (Netherlands)
• Herboveda (India)
• Synthite Industries Ltd. (India)
Global Organic Curcumin Market – Regional Analysis
The Asia Pacific region heading with its high-tech production and formulation process dominates the global organic curcumin global market. The region is a hub for the cultivation/production of herbs like turmeric, Reishi mushroom, Licorice, and clover which are four of the major basil curcumin is extracted from, largely.
The massive growth of the pharmaceutical and cosmetic industry in some of rapidly developing APAC countries is driving the regional market, creating a huge demand for organic curcumin products. Moreover, the presence of key manufacturers such as Arjuna Natural Extracts and Biomax Life Sciences is fostering the growth in the regional market.
Additionally, factors such as the growing food and beverages industry, changing consumer preferences for natural, dietary, and healthy products are boosting the growth of the curcumin market in the APAC. Also, the growing demand for dietary supplements, cosmetics, food coloring, as well as a flavoring agent in foods and beverages will support the sale of organic curcumin products in various APAC countries over the forecast period.
The Organic Curcumin Markets in well-developed regions of North America and Europe are also growing significantly. The spike in growth can be attributed to the rising acceptance of herbal products as well as the increasing use of curcumin products in various other industries that are led by the spreading awareness towards the health benefits of curcumin products.
Global Organic Curcumin Market – Segments
The Organic Curcumin Market Analysis has been segmented into four key dynamics:
By Form
• Powder
• Oil
• Capsules
• Tablets
• Creams
By Product Type
• Red Clover Extract
• Licorice Extract
• Reishi Extract
By Distribution Channel
• Store-based (supermarkets & hypermarkets, specialty stores, and food processing industries, others)
• Non-store based
By Region
• North America
• Europe
• Asia Pacific
• Rest-of-the-World
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Info:
Name: Abhishek
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/organic-curcumin-market-3988
Release ID: 521906
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