The global curcumin market is projected to grow at a CAGR of 12%-13% during 2020-2025. The growth of curcumin market is driven by enhanced health consciousness, multiple health benefits, and increased need of natural and organic supplements.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the curcumin market by
application (pharmaceutical, food and beverage, cosmetic, and others) and
region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the curcumin market?
Q.4 What are some
changing demands of customers in the curcumin market?
Q.5 What are the new
developments in the curcumin market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this curcumin area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this curcumin market?
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Market Segmentation:
Based on application,
the curcumin market is segmented into pharmaceutical, food and beverage, cosmetic,
and others. The pharmaceutical segment is accounted for the largest share of
the market in 2020 due to its anti-inflammatory, antioxidant, and cartilage
building properties in various medicines.
North America is expected
to be the largest region over the forecast period due to growth in population,
increase in health awareness and introduction of innovative products in the
region.
Key Players in the curcumin
market are 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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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/curcumin-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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