15 July 2019 –
The Global Curcumin Market is estimated to
gain huge traction in the forthcoming years. Turmeric is derived from Curcuma
longa plant and on an account of its therapeutic properties, it is widely used
as an active ingredient in food and medicinal products. “An increasing demand
for natural coloring agents, along with added anti-inflammatory and antioxidant
properties, is gaining a strong popularity among herbal skin care and ayurvedic
cosmetic products.”
The demand for curcumin is projected to be driven by its
increasing use in pharmaceutical products for treating arthritis and
osteoarthritis. Low consumer awareness of curcumin’s health benefits in North
America is hampering the market growth. The growing spending on improvised
cultivation programs is boosting botanical raw material production, along with
the coexisting offerings of modern-day science and marketing is opening opportunities
for entrants who are striving to capitalize in this market.
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Market Segment:
Report contents
include
• Analysis of the curcumin market including revenues, future
growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Profiles on curcumin including products, sales/revenues,
and market position
• Market structure, market drivers and restraints.
Key regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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The curcumin market offers a multitude of challenges for the
industry participants and the gaining decisive understanding of these
challenges have impelled the players to pander strategic merger &
acquisition activities with their fellow contenders. Some of the prominent
players dominating the curcumin machine market include Wacker Chemie AG,
Synthite Industries Ltd., BioMax Life Sciences Ltd., Arjuna Natural Extracts
Ltd., Hindustan Mint & Agro Products Pvt. Ltd., Star Hi Herbs Pvt. Ltd., SV
Agrofood, Helmigs Prima Sejahtera P.T., Tri Rahardja PT/Javaplant, Herboveda
India Pvt. Ltd., Konark Herbals & Health Care, Sabinsa Corporation, and
Rosun Natural Products Pvt. Ltd. Among others.
An increase in the penetration of synthetic curcumin
versions into the supply chain has compelled the FDI to scrutinize the proof of
safety, for curcumin products to be legally sold in the global market. The
level of radioactivity or assimilated carbon dioxide is used to distinguish
plant-derived extract from the adulterated equivalents. Increasing investment
in lab testing has been endeavored by the shareholders to enable accurate
measurement of relative ratios of each of the constituents.
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