Product Code: 978-1-68038-431-4
Curcumin Market Growth & Trends:
The global curcumin market is anticipated to reach USD 199.7 million by 2030 and is anticipated to expand at a CAGR of 11.9% during the forecast period, according to a new report by Grand View Research, Inc. Product demand is expected to grow significantly due to its expanding applications across the food, cosmetics, and pharmaceutical industries. Curcumin, known for its potent anti-oxidation and anti-inflammatory properties, has emerged as a popular natural remedy for pain relief, particularly among arthritis and osteoarthritis patients.
Growing consumer awareness, especially in developed markets like the U.S., Germany, and Denmark, is anticipated to further drive curcumin demand over the coming years. As the active compound in turmeric (Curcuma longa), curcumin benefits from the rising global preference for Ayurvedic and natural medicinal formulations.
In the cosmetics industry, curcumin (or turmeric) is widely used for its skin-enhancing properties. In India, it is a key component of Ayurvedic treatments, helping to treat acne, eczema, and dry skin while slowing aging. When combined with natural ingredients like milk, turmeric serves as an effective cleanser and brightening agent, promoting glowing skin and reducing wrinkles. Given these trends, the curcumin market is poised for strong growth in the coming years.
Curcumin Market Report Highlights:
- In 2024, the pharmaceutical sector dominated the curcumin market's application segment, with a commanding share of 52.3%, fueled by its widespread use in nutraceuticals, anti-inflammatory drugs, and cancer therapeutics.
- Pharmaceutical sector is also projected to grow at the fastest CAGR of 12.1% during the forecast period, driven by increasing adoption in nutraceuticals, anti-inflammatory drugs, and oncology therapies.
- In 2024, North America dominated the market, accounting for the largest share at 50.2%, driven by robust demand for dietary supplements, natural therapeutics, and functional foods.
- Europe is expected to grow at a CAGR of 12.5% over the forecast period, driven by strong demand for natural health products and pharmaceutical applications.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Curcumin Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends & Preferences
- 4.3. Factors Influencing Buying Decisions
- 4.4. Consumer Product Adoption Trends
- 4.5. Observations & Recommendations
Chapter 5. Curcumin Market: Application Estimates & Trend Analysis
- 5.1. Curcumin Market Application: Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2030
- 5.3. Curcumin Market Estimates & Forecast, By Application, 2018 to 2030 (USD Million)
- 5.3.1. Pharmaceutical
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Food
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Cosmetics
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Others
- 5.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Curcumin Market: Regional Estimates & Trend Analysis
- 6.1. Curcumin Market: Regional Outlook
- 6.2. Regional Marketplaces: Key Takeaways
- 6.3. Curcumin Market Estimates & Forecast, By Region, 2018 to 2030 (USD Million)
- 6.4. North America
- 6.4.1. North America curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.2. U.S.
- 6.4.2.1. Key country dynamics
- 6.4.2.2. U.S. curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.3. Canada
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Canada curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.4.4. Mexico
- 6.4.4.1. Key country dynamics
- 6.4.4.2. Mexico curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.2. Germany
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Germany curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.3. UK
- 6.5.3.1. Key country dynamics
- 6.5.3.2. UK curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.4. France
- 6.5.4.1. Key country dynamics
- 6.5.4.2. France curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.5. Italy
- 6.5.5.1. Key country dynamics
- 6.5.5.2. Italy curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.6. Spain
- 6.5.6.1. Key country dynamics
- 6.5.6.2. Spain curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.7. Poland
- 6.5.7.1. Key country dynamics
- 6.5.7.2. Poland curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.8. Russia
- 6.5.8.1. Key country dynamics
- 6.5.8.2. Russia curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.9. Denmark
- 6.5.9.1. Key country dynamics
- 6.5.9.2. Denmark curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.5.10. Rest of Europe
- 6.5.10.1. Key country dynamics
- 6.5.10.2. Rest of Europe curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.2. China
- 6.6.2.1. Key country dynamics
- 6.6.2.2. China curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.3. India
- 6.6.3.1. Key country dynamics
- 6.6.3.2. India curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.4. Japan
- 6.6.4.1. Key country dynamics
- 6.6.4.2. Japan curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.5. Australia
- 6.6.5.1. Key country dynamics
- 6.6.5.2. India curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.6. Malaysia
- 6.6.6.1. Key country dynamics
- 6.6.6.2. Malaysia curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.7. Indonesia
- 6.6.7.1. Key country dynamics
- 6.6.7.2. Indonesia curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.8. Thailand
- 6.6.8.1. Key country dynamics
- 6.6.8.2. Thailand curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.9. South Korea
- 6.6.9.1. Key country dynamics
- 6.6.9.2. South Korea curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.10. Vietnam
- 6.6.10.1. Key country dynamics
- 6.6.10.2. Vietnam curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.6.11. Rest of APAC
- 6.6.11.1. Key country dynamics
- 6.6.11.2. Rest of APAC curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.7. Latin America
- 6.7.1. Latin America curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.7.2. Brazil
- 6.7.2.1. Key country dynamics
- 6.7.2.2. Brazil curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.7.3. Argentina
- 6.7.3.1. Key country dynamics
- 6.7.3.2. Argentina curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.7.4. Rest of CSA
- 6.7.4.1. Key country dynamics
- 6.7.4.2. Rest of CSA curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.8.2. UAE
- 6.8.2.1. Key country dynamics
- 6.8.2.2. UAE curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.8.3. South Africa
- 6.8.3.1. Key country dynamics
- 6.8.3.2. South Africa curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.8.4. Saudi Arabia
- 6.8.4.1. Key country dynamics
- 6.8.4.2. Saudi Arabia curcumin market estimates & forecast, 2018 - 2030 (USD Million)
- 6.8.5. Rest of MEA
- 6.8.5.1. Key country dynamics
- 6.8.5.2. Rest of MEA curcumin market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 7. Curcumin Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map/ Positioning Analysis
- 7.4. Strategy Mapping
- 7.5. Company Profiles
- 7.5.1. WackerChemie AG
- 7.5.1.1. Company Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Strategic Initiatives
- 7.5.2. BioMaxLifesciences Ltd.
- 7.5.2.1. Company Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Strategic Initiatives
- 7.5.3. Synthite Industries Ltd.
- 7.5.3.1. Company Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Strategic Initiatives
- 7.5.4. Hindustan Mint & Agro Products Pvt. Ltd.
- 7.5.4.1. Company Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Strategic Initiatives
- 7.5.5. Arjuna Natural Extracts Ltd.
- 7.5.5.1. Company Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Strategic Initiatives
- 7.5.6. SV Agrofood
- 7.5.6.1. Company Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Strategic Initiatives
- 7.5.7. Star Hi Herbs Pvt. Ltd.
- 7.5.7.1. Company Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Strategic Initiatives
- 7.5.8. Herboveda India Pvt. Ltd.
- 7.5.8.1. Company Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Strategic Initiatives
- 7.5.9. Helmigs Prima Sehejtera P.T.
- 7.5.9.1. Company Overview
- 7.5.9.2. Financial Performance
- 7.5.9.3. Product Benchmarking
- 7.5.9.4. Strategic Initiatives
- 7.5.10. Javaplant
- 7.5.10.1. Company Overview
- 7.5.10.2. Financial Performance
- 7.5.10.3. Product Benchmarking
- 7.5.10.4. Strategic Initiatives
- 7.5.11. Konark Herbals & Healthcare
- 7.5.11.1. Company Overview
- 7.5.11.2. Financial Performance
- 7.5.11.3. Product Benchmarking
- 7.5.11.4. Strategic Initiatives
- 7.5.12. Rosun Natural Products Pvt. Ltd.
- 7.5.12.1. Company Overview
- 7.5.12.2. Financial Performance
- 7.5.12.3. Product Benchmarking
- 7.5.12.4. Strategic Initiatives
- 7.5.13. Sabinsa Corporation
- 7.5.13.1. Company Overview
- 7.5.13.2. Financial Performance
- 7.5.13.3. Product Benchmarking
- 7.5.13.4. Strategic Initiatives