Curcumin Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

2022-04-21 08:13:32 UTC | Food & Beverages
Curcumin Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

Curcumin Market size is projected to reach USD 105.21 Million units by 2027 from an estimated USD 50.42 Million units in 2019, growing at a CAGR of 8.7% globally.

Curcumin is a bioactive compound found in the root of Curcuma longa also known as turmeric. Curcumin exhibits anti-inflammatory and anti-oxidation properties that make it an ideal ingredient in many medical and food applications. The curcumin market is expected to witness a huge development due to growth in consumer awareness regarding its therapeutic properties.

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

The Major Players In The Curcumin Market Include:

Hindustan Mint and Agro Products Pvt Ltd.,,Synthite Industries Ltd.,Rosun Natural Products Pvt. Ltd.,BioThrive Sciences, Herboveda India Pvt Ltd.,Konark Herbals and Health Care, Arjuna Natural Pvt. Ltd.,SVagro foods, Star Hi Herbs Pvt Ltd., NOW Foods.,Phyto Life Sciences Pvt. Ltd.,Sabinsa, Wacker Chemic AG., The Green Labs LLC.,Hebei Food Additive Co. Ltd

Market has segmented the global Curcumin market on the basis of type, application, and region:

The Curcumin market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type:

 Powder, Liquid, and Others

 By Application:

 Food and Beverages, Medical, Cosmetics, Dietary Supplements, Others.

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Curcumin Market has experienced a slowdown the growth, however, the market is expected to bounce back as restrictions are being lifted up by governments across the globe. 

The report covered the major key points:

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