Curcumin Market to Expand With a CAGR of 6.5% due to Growing Demand from Cosmetics and Skincare Products: TMR

ALBANY, New York, Feb. 1, 2019 /PRNewswire/ -- Transparency Market Research (TMR) witnesses the global curcumin market has a highly competitive and fragmented vendor landscape. Some of the companies operating in the global curcumin market are Sabinsa Corporation, Biomax Life Sciences Limited, Synthite Industries Ltd., Hebei Tianxu Biotech Co., Ltd, and Herboveda India Pvt. Ltd. A growing number of the new entrants in the global curcumin market is leading to increasing fragmentation of the market and increasing level of competition in the global market for curcumin. In addition, the key players are increasingly introducing new bio-based products, which are helping them to propel the growth of the curcumin market. 

According to TMR, the global curcumin market is estimated for the revenue of US$282.2 mn in the year 2018 to swell with a CAGR of 6.5% to attain revenue of US$ 465.8 mn over the forecast period from 2018 and 2026.

Request a Sample of Global Curcumin Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6481

Based on the application, the antioxidant segment is assessed to account for 29.7% share in the overall curcumin market in the year 2018 and is expected to grab the share of 30.6% by the 2026-end expanding with a CAGR of 6.8% over the forecast period 2018 to 2026. Based on nature, the conventional curcumin segment is projected to expand with a significant rate in the global curcumin market. Based on the region, the North American curcumin market is predictable to hold a significant revenue share of about 45.1% in the year 2018.

Booming Cosmetics and Skincare Industry to Propel Growth of Market

Growing world population is boosting demand for the food, which is leading to improve agriculture by adopting new agricultural methods. In addition, growing disposable income is empowering middle class globally and especially in India and China and leading to change their food habits, which is likely to propel demand for the packaged and processed foodstuff.

Request For Multiple Chapters: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=6481

Growing demand for natural food products mainly from cosmetics and skincare products from the consumer is boosting the new launch of bio-based products. This is propelling adoption of curcumin and likely to boost the growth of the global curcumin market. Additionally, curcumin based-products are gaining attention from dietary supplements and medical industry due to growing awareness about its benefits is propelling the growth of the curcumin market.   

Growing Preference for Personal Aesthetics to Propel Growth of Market

Usage of curcumin in medication and cosmetic products inspired by Indian Ayurveda for its excellent antioxidant and anti-inflammatory is boosting the growth of the curcumin market. Furthermore, easy availability and high production of curcumin mainly from India being the largest manufacturer are propelling its export and usage in the country. This, in turn, is influencing positively on the growth of the curcumin market. Besides, curcumin has anti-aging properties; growing attention toward personal aesthetic is propelling demand for effective cosmetic products and likely to propel the growth of the curcumin market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=6481

This information is encompassed in the report by TMR, titled "Curcumin Market (Nature – Organic Curcumin, Conventional Curcumin; Form – Powder, Liquid; Application – Heart Health, Brain Health, Stress/Anxiety Relief, Anti-inflammation, Antioxidant, Flavorant & Colorant; End Use – Dietary Supplements, Food Products, Herbal & Medicinal Products, Cosmetics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026." 

For the study, the curcumin market has been segmented as follows:

By Nature

• Organic Curcumin
• Conventional Curcumin

By Form

• Powder
• Liquid

By Application

• Health
• Brain Health
• Stress/Anxiety Relief
• Anti-inflammation
• Antioxidant
• Flavorant & Colorant

By End Use

• Dietary Supplements
• Food Products
• Herbal & Medicinal Products
• Cosmetics

By Geography:

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• Australia
• India
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa

Browse Food & Beverages Market Research Reports

Popular Research Reports by TMR:

• Seasonings and Spices Market: https://www.transparencymarketresearch.com/seasoning-spices-market.html 
• Antioxidants Market: https://www.transparencymarketresearch.com/antioxidants-market.html 
• Organic Pea Protein Market: https://www.transparencymarketresearch.com/organic-pea-protein-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Research Blog: https://cmfenews.com