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Curcumin Market By Application (Pharmaceuticals, Food, Cosmetics, Others) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Published: Jun 2016 | Report Code: 57911-06-16

Curcumin is a bright yellow color is derived from curcuminoids which are fat soluble, polyphenolic pigments. Curcumin is also known as turmeric extract. Curcumin is present in two tautomeric forms such as enol and keto. The enol form of curcumin is energetically stable in liquids and solid phase. The beneficial properties of curcumin have led to high demand in various ne d-user industries in the market. Curcumin possesses anti-inflammatory, antifungal and antiviral actions. It exerts anti-inflammatory activity by inhibition of number of different molecules which play an important role in inflammation.

Based on application, global curcumin market is segmented into pharmaceutical, food, cosmetics and others which include cyanide detection and dye. Among these, pharmaceuticals accounted for larger share of the global curcumin market is expected to rise during the forecast period. Growing demand for curcumin in the pharmaceutical industry has boosted market growth of global curcumin market. The beneficial properties of curcumin such as anti cancer and anti-viral has made its useful in manufacturing wide range of medicines and herbal supplements. Therefore, pharmaceutical industry is anticipated to generate high demand for curcumin in the near future. Food accounted as the second largest application segment of curcumin. Curcumin is widely used as spice in Asia Pacific and as a food colorant in the West. Therefore, high demand if reported for curcumin from Asia Pacific as curcumin is used in the Asian cuisine. Curcumin is insoluble in water and this is expected to hinder the growth of global curcumin market. However, water soluble salts of curcumin are expected to take over the market as they can be used in wide range of applications in end-user industries.

Curcumin market was valued at US$ US$ 35.7 Mn in 2014 and is expected to reach US$ 84.3 Mn by 2022, growing at a CAGR of 11.6% during the forecast period 2015-2022.

Curcumin Market


Purpose of the Report

The purpose of this strategic research study titled “Global Curcumin Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global curcumin market.

Target Audience

  • Industry Investors
  • Curcumin Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Curcumin Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global curcumin market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on end-user applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading curcumin vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within curcumin industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global curcumin market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Empirical Phase
1.4.2 Phase II – Analytical Phase
1.4.3 Phase III – Dissemination Phase
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Curcumin Market
2.2 Global Curcumin Market, By Application
2.3 Global Curcumin Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Curcumin Market Volume and Revenue, 2015 – 2022, (Tons) (US$ Mn)
3.2 Key Market Strategies
3.2.1 Product Pricing Analysis
3.2.2 Regulatory Impact on Market
3.3 Market Drivers
3.4 Market Challenges
3.4 Future Outlook of the Market
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors

Chapter 4 Global Curcumin Market Analysis, By Application
4.1 Overview
4.1.1 Pharmaceuticals
4.1.1.1 Global Curcumin Market for Pharmaceuticals, 2015 – 2022, (Tons)(US$ Mn)
4.1.2 Food
4.1.2.1 Global Curcumin Market for Food, 2015 – 2022, (Tons)(US$ Mn)
4.1.3 Cosmetics
4.1.3.1 Global Curcumin Market for Cosmetics, 2015 – 2022, (Tons)(US$ Mn)
4.1.4 Others
4.1.4.1 Global Curcumin Market for Others, 2015 – 2022, (Tons)(US$ Mn)


Chapter 5 SRC View
5.1 Segmentation View (Product/ Application)
5.1.1 Global Curcumin Market, by Application, 2015 – 2022, (Tons) (US$ Bn)

Chapter 6 RC View

6.1 North America Curcumin Market Analysis
6.1.1 Overview
6.1.2 North America Curcumin Market Volume, by Application, 2015 – 2022, (Tons)
6.1.3 North America Curcumin Market Revenue, by Application, 2015 – 2022, (US$ Mn)
6.1.3.1 U.S. Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.1.3.2 U.S. Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.1.3.3 Canada Curcumin Market Volume, By Application 2015 – 2022, (Tons)
6.1.3.4 Canada Curcumin Market Revenue, By Application 2015 – 2022, (US$ Mn)
6.1.3.5 Rest of North America Curcumin Market Revenue, By Application, 2015 – 2022, (Tons)
6.1.3.6 Rest of North America Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)

6.2 Europe Curcumin Market Analysis
6.2.1 Overview
6.2.2 Europe Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.2.3 Europe Curcumin Market Revenue, By Application 2015 – 2022, (US$ Mn)
6.2.3.1 France Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.2.3.2 France Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.2.3.3 Germany Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.2.3.4 Germany Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.2.3.5 UK Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.2.3.6 UK Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.2.3.7 Rest of Europe Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.2.3.8 Rest of Europe Curcumin Market Revenue, By Application 2015 – 2022, (US$ Mn)

6.3 Asia Pacific Curcumin Market Analysis
6.3.1 Overview
6.3.2 Asia Pacific Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.3.3 Asia Pacific Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.3.3.1 China Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.3.3.2 China Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.3.3.3 India Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.3.3.4 India Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.3.3.5 Japan Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.3.3.6 Japan Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)
6.3.3.7 Rest of Asia Pacific Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.3.3.8 Rest of Asia Pacific Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)

6.4 Middle East and Africa (MEA) Curcumin Market Analysis
6.4.1 Overview
6.4.2 Middle East and Africa Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.4.3 Middle East and Africa Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)

6.5 Latin America Curcumin Market Analysis
6.5.1 Overview
6.5.2 Latin America Curcumin Market Volume, By Application, 2015 – 2022, (Tons)
6.5.3 Latin America Curcumin Market Revenue, By Application, 2015 – 2022, (US$ Mn)

Chapter 7 Company Profiles
7.1 Arjuna Natural Extracts Ltd
7.2 Biomax Life Sciences Ltd
7.3 Hebei Food Additive Co., Ltd
7.4 Herboveda India Pvt. Ltd.
7.5 Hindustan Mint & Agro Products Pvt. Ltd
7.6 Rosun Natural Products Pvt Ltd
7.7 Sabinsa Corporation
7.8 SV Agrofood
7.9 Synthite Industries Ltd
7.10 Konark Herbals And Health Care

List of Figures

FIG. 1 Global Curcumin: Market Segmentation 19
FIG. 2 Global Curcumin Market: Research Methodology 20
FIG. 3 Global Curcumin Market, By Application, 2014 (US$ Mn) 24
FIG. 4 Global Curcumin Market, By Geography, 2014 (US$ Mn) 25
FIG. 5 Global Curcumin Market Revenue and Growth, 2013 – 2022, (Tons) (US$ Mn) 26
FIG. 6 See-Saw Analysis : Global Curcumin Market 34
FIG. 7 Attractive Investment Proposition 36
FIG. 8 Adoption/Penetration Rate of Curcumin Across Different Application Verticals, 2014 37
FIG. 9 Market Positioning of Key Curcumin Vendors , 2014 38
FIG. 10 Global Curcumin Market Revenue, By Application, 2014 & 2022 (Tons) (US$ Mn) 45
FIG. 11 Global Curcumin Market for Pharmaceuticals, 2013 – 2022, (Tons) (US$ Mn) 46
FIG. 12 Global Curcumin Market for Food, 2013 – 2022, (Tons) (US$ Mn) 47
FIG. 13 Global Curcumin Market for Cosmetics, 2013 – 2022, (Tons) (US$ Mn) 48
FIG. 14 Global Curcumin Market for Other Applications, 2013 – 2022, (Tons) (US$ Mn) 51
FIG. 15 North America Curcumin Market, 2013 – 2022, (Tons) (US$ Mn) 54
FIG. 16 Comparative Analysis of North America Curcumin Market Revenue, By Country, 2013 – 2022, (US$ Mn) 58
FIG. 17 Europe Curcumin Market, 2013 – 2022, (Tons) (US$ Mn) 59
FIG. 18 Comparative Analysis of Europe Curcumin Market Revenue, By Region, 2013 – 2022, (US$ Mn) 63
FIG. 19 Asia Pacific Curcumin Market, 2013 – 2022, (Tons) (US$ Mn) 64
FIG. 20 Asia Pacific Curcumin Market Revenue, 2013 – 2022, (US$ Mn) 65
FIG. 21 Comparative Analysis of Asia Pacific Curcumin Market Revenue, By Region, 2013 – 2022, (US$ Mn) 69
FIG. 22 Latin America Curcumin Market, 2013 – 2022, (Tons) (US$ Mn) 71
FIG. 23 Comparative Analysis of RoW Curcumin Market Revenue, By Country, 2013 – 2022, (US$ Mn) 75

List of Tables

TABLE 1 Market Snapshot: Global Curcumin Market 22
TABLE 2 Impact Indicators 35
TABLE 3 Impact Analysis of Drivers and Restraints 35
TABLE 6 North America Curcumin Market, By Application, 2013 – 2022 (Tons) (US$ Mn) 57
TABLE 7 Europe Curcumin Market, By Application, 2013 – 2022 (Tons) (US$ Mn) 62
TABLE 8 Asia Pacific Curcumin Market By Application, 2013 – 2022 (Tons) (US$ Mn) 68
TABLE 9 Latin America Curcumin Market, By Application, 2013 – 2022 (Tons) (US$ Mn) 74
TABLE 10 Arjuna Natural Extracts Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 76
TABLE 11 Biomax Life Sciences Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 78
TABLE 12 Hebei Food Additive Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 80
TABLE 13 Herboveda India Pvt. Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 82
TABLE 14 Hindustan Mint & Agro Products Pvt. Ltd. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 84
TABLE 15 Rosun Natural Products Pvt Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 86
TABLE 16 Sabinsa Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 88
TABLE 17 SV Agrofood: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 90
TABLE 18 Synthite Industries Ltd : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 92
TABLE 19 Konark Herbals And Health Care : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments) 94

On the basis of its application, the curcumin market is categorized into following segments:

  • Pharmaceuticals
  • Food
  • Cosmetics
  • Others (Dye, Cyanide Detector, etc.)

Curcumin Market


Pharmaceuticals accounted for higher share of global curcumin market in 2015. Curcumin is primarily used in the manufacture of herbal supplements. Growing interest from researchers, consumers and producers in procuring patent rights has led to rising demand for curcumin in the pharmaceuticals market. The beneficial properties of curcumin such as anti-inflammatory and anti-viral have attracted the attention of pharmaceutical industry. Studies for analyzing the curcumin nanoformulations in in-vivo and cancer cell lines are also a significant development in curcumin pharmaceuticals market. Food accounted to be the second largest application of curcumin worldwide. Curcumin is widely used as spice in the East and as a food colorant in the West. High demand from the food industry for curcumin as food colorant has fueled market demand of curcumin. Curcumin is been tested and proved to be anti-oxidant and is useful for treatment of acne and pigmentation. Therefore, high amount of curcumin is used in the production of skin care products as it protects skin from UV rays and pollution. Hence, cosmetic industry is also expected to boost market growth of curcumin. Other applications which include dye for textiles and detecting presence of cyanide in drugs are also projected to fuel market demand for curcumin during the forecast period from 2015 to 2022.

On the basis of geography, the global curcumin market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacifi
  • Middle East & Africa
  • Latin America

 Curcumin Market

North America accounted for major share of global curcumin market in 2014. It accounted for more than 50% share of global curcumin market. Among the countries in North America, U.S. accounted for larger share of more than 50% of global curcumin market. According to the American Botanical Council, over 50% of total adults consume botanicals which are increasing the consumption of curcumin in the region. Moreover, curcumin herbal supplements are gaining high demand in the market. Therefore, growing demand for curcumin products in the region is major factor driving the growth of curcumin market. Europe accounted as the fastest growing region for curcumin worldwide. Increasing demand for curcumin based pharmaceutical and cosmetic products is driving the curcumin market in the region. In addition, high demand for curcumin as a food colorant from the food industry is another factor contributing to the demand of curcumin in the region. Curcumin is widely used as spice in Asia Pacific. Hence, high demand is generated for curcumin in the region. Other regions such as Middle East & Africa and Latin America are also projected to boost high demand of curcumin during the forecast period from 2015 to 2022.

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