This report provides forecast and analysis of the global curcumin market. The report provides the estimated data for 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report also includes macroeconomic indicators, along with an outlook on curcumin for the global market. It includes the drivers and restraints of the global curcumin market, and their impact on each region during the forecast period. The report also comprises the study of current industry trends and opportunities for curcumin. It also includes value chain analysis. In order to provide the users of this report with a comprehensive view of the market, we have included detailed competitiveness analysis, market key players, and strategic overview. The dashboard provides a detailed comparison of curcumin manufacturers on parameters such as government certifications, product offerings, and key strategies & focus areas of the company. The study encompasses market attractiveness analysis by nature, form application, end use, and region.
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Through a detailed study of the market, our analysts have observed that, there is a tendency amongst the end users of curcumin to shift from conventional curcumin to organic curcumin, which is likely to result in an increase in market demand over the forecast period. The report further states that, the use of curcumin in the food industry as a supplement is likely to result in a lucrative market opportunity for the producers of curcumin targeting this segment. On the basis of end use, the herbal & medicinal products segment is expected to hold the highest market share when compared to the other end uses in the curcumin market. On the basis of region, the North American curcumin market is expected to hold the highest market share throughout the forecast period, owing to more consumption of curcumin as a food supplement in the region. Following North America, the European curcumin market is expected to hold the second-largest market share throughout the forecast period.
The report includes the company profiles of key producers of curcumin, and the revenue generated from companies across North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). For the estimation of revenue, regional average prices were obtained through quotes from numerous curcumin producers, exporters, and distributors. The report covers area under turmeric production, per hectare yield, production of turmeric for demand side analysis import-export scenario turmeric is tracked for key countries. All the key application segments of curcumin have been considered, and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Some of the key data points collected for the modeling approach include the food and beverage sector overview, regional food and beverage outlook, average usage of supplements, including curcumin in food products, and others. The market has been forecasted based on constant currency rates.
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoovers, and company annual reports and publications. This report covers market dynamics related to curcumin that include the drivers, restraints, and trends driving each segment and opportunities in the curcumin market. The report also includes analysis and insights into the potential of the curcumin market in specific regions. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, product portfolio of curcumin producers, and recent developments in the curcumin market space. 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.