Skip to main content

Curcumin Market Share, Trends, Global Price, Company Profiles, Demand, Insights 2022 – Credence Research

According to a new market report published by Credence Research “Curcumin Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021,” the curcumin market was valued at US$ 35.7 Mn in 2014, and is expected to reach US$ 84.3 Mn by 2022, expanding at a CAGR of 11.6% from 2015 to 2022.
Market Insights:
Turmeric is a spice which is derived from the rhizomes of curcuma longa that belongs to the ginger family. The horizontal roots and shoots that are said to be underground stems are known as rhizomes. The bright yellow color of turmeric is derived from the fat soluble, polyphenolic pigments which are known as curcuminoids. The primary curcumanoid is curcumin which is found in turmeric and is known to be the most active constituent. Curcumin is known for its use as a spice and pigment, but it is also used for medicinal purposes since centuries. Growing research studies on curcumin possessing anti-inflammatory and anti-cancer properties has led to scientific interest in the prevention and treatment of diseases.
Rising awareness among the people regarding benefits of curcumin has led to high growth of global curcumin market. Curcumin is known for its beneficial properties in the medical field. It inhibits the growth of helicobacter pylori which causes gastric ulcers and is also linked with gastric cancer. Curcumin based supplements are used to treat patients suffering from gastric ulcers. Such advantages of curcumin have led to curcumin based supplements in the market. Hence, high demand for curcumin is reported from the pharmaceutical industry worldwide. Growing demand from the cosmetics industry is one among the major factors driving the growth of global curcumin market. Hence, curcumin is anticipated to experience high demand in the market.
Competitive Insights:
Pharmaceuticals accounted for major share of global curcumin in the market. The beneficial properties of curcumin have led to high demand from the pharmaceutical industry to manufacture medicines and herbal supplements. Evidences in scientific research have proved that curcumin possesses anti-inflammatory and anti-cancer properties which makes it useful for the treatment of cancer and other diseases. Food accounted as the second largest application of curcumin in the market. It is widely used as spice in Asia Pacific and is used as a food colorant in the West. Growing demand for curcumin in the food industry has boosted market growth of curcumin market and is expected to rise during the forecast period. Cosmetics industry is also anticipated to generate high demand for curcumin due to its anti-oxidant property. Other applications such as cyanide detection and dye are also projected to fuel market growth of curcumin in the near future.
Key Trends:
  • Manufacture of various herbal supplements
  • Food colorant in Asian cuisine
  • Manufacture of skin care products
  • Opportunities from increasing research activities for use of curcumin in dye sensitized solar PV technology
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Post a Comment

Popular posts from this blog

Algae Products Market Key Growth Factors and Industry Analysis 2023: Credence Research

According to a new market report published by Credence Research “ Algae Products Market  - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the algae products market is expected to reach US$ 44.7 Bn by 2023, expanding at a CAGR of more than 5.0% from 2016 to 2023. Browse the full report at  http://www.credenceresearch.com/report/algae-products-market Market Insights: Algae are a diverse group of photosynthetic organisms which are not closely related and hence are known to be polyphyletic. They are plats which range from microalgae to macro algae. Algae are grown using water resources such as sea and waste water which are not suitable for growing agricultural crops. Microalgae grow using sunlight i.e. photosynthesis, by converting sunlight, CO2 and nutrients such as phosphorus and nitrogen into biomass. This growth is also known as autotrophic growth. Some algae can grow in the dark using sugar starch or by combining both the growth modes. Based on applica
Post a Comment
Read more

Articulated Arm Machine Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023

According to a new market report published by Credence Research, Inc., “ Articulated Arm Machine Market  (By End-use Application (Industrial Manufacturing, Automotive, Electronics and Electrical, Aerospace, Energy and Power, and Other End-use Applications), By Price (Low-end Articulated Arms, Mid-range Articulated Arms, and High-end Articulated Arms)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023”, the global articulated arm machine market is expected to witness steady growth in demand, expanding at a CAGR of 8.2% during the forecast period 2016 to 2023. Browse the full Articulated Arm Machine (By End-use Application (Industrial Manufacturing, Automotive, Electronics and Electrical, Aerospace, Energy and Power, and Other End-use Applications), By Price (Low-end Articulated Arms, Mid-range Articulated Arms, and High-end Articulated Arms)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at  http://www.crede
Post a Comment
Read more

Base Oil Market Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 – 2023: Credence Research

Credence Research has recently issued a new market assessment report titled “Base Oil – Growth, Future Prospects and Competitive Analysis, 2016 – 2023”. The global Base Oil Market study provides a comprehensive view of the ongoing and future phases of the Base Oil industry based on parameters such as major commercial events, research initiatives, government guidelines, market drivers, restraints and opportunities and detailed industry segmentation and regional distribution. Browse the report at  http://www.credenceresearch.com/report/base-oil-market Based on geographic/regional distribution the global Base Oil Market is studied for key regional markets focusing on the respective geographic trends and statistics, and thereby delivering market size and forecast values. The Base Oil Market based on geographic classification is studied for North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa markets. Among these, the North America, Europe and Asia-Pacific Ba
Post a Comment
Read more