The Global Curcumin Market Report by Global Insight Services is the single and trusted source of information for the Curcumin Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
Curcumin is a natural substance found in the spice turmeric. It has powerful anti-inflammatory and antioxidant effects and is being studied for its potential to prevent or treat several diseases, including cancer.
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Key Trends
In recent years, the use of curcuminoids, natural compounds found in the spice turmeric, has become increasingly popular. Curcuminoids are believed to offer a wide range of health benefits, including anti-inflammatory, antioxidant, and anticancer properties.
As the demand for curcumin-based products grows, so does the need for more efficient and effective methods of extracting and delivering these compounds. In response, scientists have developed a number of new curcumin extraction and delivery technologies.
One popular method of extracting curcuminoids is supercritical fluid extraction (SFE). This method uses carbon dioxide or other supercritical fluids as a solvent to extract curcuminoids from turmeric powder. SFE is a relatively gentle process that preserves the integrity of the curcuminoids and results in a purer product.
Once extracted, the curcuminoids can be delivered in a variety of ways. One common delivery method is encapsulation, in which the curcuminoids are enclosed in a liposome (a tiny sphere made of fats) or another type of nanoparticle. This protects the curcuminoids from degradation and makes them easier to absorb.
Other delivery methods include mixing the curcuminoids with oils or other substances to form a cream or ointment, or incorporating them into food or beverage products.
Key Drivers
Some of the key drivers of the curcumin market are its potential health benefits, the growing popularity of natural and herbal products, and the increasing demand from the food and beverage industry. Curcumin is a polyphenolic compound found in the spice turmeric. It has been used for centuries in traditional Indian and Chinese medicine for its medicinal properties. More recently, curcumin has gained popularity as a dietary supplement due to its purported health benefits, which include reducing inflammation, boosting cognitive function, and protecting against cancer.
The food and beverage industry is a major driver of the curcumin market. Curcumin is used as a food additive and colorant in a variety of food and beverage products, such as curry powders, cheeses, and yogurts. The growing popularity of natural and herbal products is also driving the market for curcumin. Consumers are increasingly seeking out natural and herbal alternatives to conventional medicine, and curcumin is seen as a safe and effective option.
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Market Segments
The Curcumin Market is segmented based on type, end user, distribution channel, and region. By type, the market is bifurcated into raw and dried. Depending on end user, it is segregated into households, food and beverages industry, food service industry, cosmetics industry, and others. On the basis of distribution channel, it is classified into direct/B2B and indirect /B2C channel. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Curcumin Market report includes players such as Biomax Life Sciences Ltd., Synthite Industries Ltd, BioThrive Sciences, Konark Herbals & Health Care, Arjuna Natural Extracts Ltd, SV Agrofood, Star Hi Herbs Pvt. Ltd, NOW Foods, Phyo life Sciences and Herboveda India Pvt. Ltd.
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