Pune, India, August 3, 2017 MRFR Press Release- Market Research Future published a half cooked research report on the global organic curcumin market, which is estimated to grow at a CAGR 9.8 % during the forecast period 2017-2023.
Market OverviewCurcumin is the active ingredient of turmeric which is also found in limited amounts in ginger. Curcumin is a yellow colored fat soluble polyphenolic pigment which is derived from curcuminoids and is also referred to as turmeric extract. It has anti-inflammatory and anti-cancer properties. It is widely used in food, pharmaceuticals, and cosmetics industry for its anti-inflammatory and anti-oxidation properties. Curcumin is used for the treatment of diseases such as tumors, arthritis, gastric ailments and viral infections. Organic curcumin is naturally made from extracts and contains no chemicals, which is one of the reasons people prefer this product. Rising consumer awareness towards health benefits of curcumin and growing demand for nutritional supplements based out of curcumin due to increasing consumer awareness regarding its anti-cancer properties are the main drivers responsible for the growth of global organic curcumin market. Organic curcumin is also gaining popularity as an ingredient in cosmetic and herbal skin care products. Therefore, growing demand for Ayurveda and herbal skin care products is expected to drive the market during the forecast period.
Market ForecastWith the growing consumer awareness and their increasing interest in healthy lifestyle, the demand for organic curcumin has increased recently. In addition to the changing lifestyle, the growing demand for natural and dietary food, beverages, pharmaceutical, and others is expected to drive the organic curcumin market. The global organic curcumin market is projected to propel by the increasing awareness regarding available health benefits from diseases such as cancer, tumors, arthritis, gastric ailments, and others. Increased awareness about the organic curcumin has raised the bar for quality, which, in turn, increase the market share of organic curcumin on the global level. Mass market penetration is leading to the introduction of new products based out of curcumin and their retail across various regions. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has fueled up the share of organic curcumin in the global market. High health benefits obtained from curcumin are also supporting the sale of organic curcumin globally. Additionally, the enhancement of the product development coupled with technological advancements is considered to be one of the significant reasons for the increasing growth of the organic curcumin market during the forecast period 2017-2023.
Downstream market analysisGlobalization and urbanization are major driving factors of this market. Furthermore, the popularity of curcumin and usage of natural ingredients in the production are also encouraging the growth of the organic curcumin market. Rising demand for organic products is expected to play a significant role in the growth of the global organic curcumin market during the forecast period. Additionally, the enhancement of the product development coupled with the technological advancements is considered to be one of the significant reasons that will increase the growth of the organic curcumin market over the review period of 2017-2023.
Competitive analysisSome of the key players in the global organic curcumin market are
- Arjuna Natural Extracts Ltd (India)
- Helmigs Prima Sejahtera (Indonesia)
- Biomax Life Sciences Limited (India)
- Curcumex BV (Netherlands)
- Yangling Cuijian Bioengineering Technology Co., Ltd. (China)
- Synthite Industries Ltd. (India)
- Herboveda (India)
The demand for organic curcumin has pushed manufacturers to innovate and develop the new product lines, which are better in taste and offers various health benefits.
Regional Analysis
The global organic curcumin market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, Asia Pacific region accounts for the major market since it’s the source region and exports to other regions. Growing food and beverages industry together with the increasing demand for pharmaceuticals and medicines as well as personal care products drives the growth of the market. Changing consumer preferences for natural, dietary, and healthy products will support the sale of organic curcumin products in various regions over the forecast period. Organic curcumin market is growing rapidly in the Asia Pacific due to growing demand for dietary supplements, cosmetics, food coloring, as well as flavoring of foods in this region. However, Asia Pacific region is estimated to witness a maximum growth in the global organic curcumin market over the forecast period 2017-2023.
Market SegmentationThe global organic curcumin market is segmented by application, form, product type, distribution channel, and region.
ACCESS REPORT DETAILS @ https://www.marketresearchfuture.com/reports/organic-curcumin-market-3988
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Companies Covered | 15 |
| Pages | 110 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
