MARKET INTRODUCTION
Curcumin is a bioactive compound found in the root of Curcuma longa also known as turmeric. Curcumin (1,7-bis-(4-hydroxy-3-methoxyphenyl)-hepta-1,6-diene-3,5-dione), a lipophilic polyphenol may work as an anticancer, antibiotic, anti-inflammatory, and anti-aging agent as suggested by several in vitro, in vivo studies and clinical trials. Curcumin is synthesized by Pabon?s reaction using vanillin and acetyl acetone in the presence of boric oxide
MARKET DYNAMICS
Curcuminoid Market is anticipated to grow during the forecast period owing to the shift of end users from synthetic products to natural products due to rising awareness. Moreover, growing demand for OTC curcumin supplements will further supplement the market growth. Furthermore, innovations in pharmaceutical & skincare products using curcumin will offer lucrative opportunities in the market. However, presence of cheaper synthetic food products will impede the market growth in the study period.
MARKET SCOPE
The "Global Curcuminoid Market analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of Curcuminoid Market with detailed market segmentation by curcuminoid content and application. The global Curcuminoid Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Curcuminoid Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Curcuminoid Market is segmented on the basis of curcuminoid content, and application. Based on curcuminoid content, the market is segmented as ? 94% curcuminoid content, ? 80% curcuminoid content and others. The application segment is divided into pharmaceutical, food and beverages, cosmetic and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Curcuminoid Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Curcuminoid Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Curcuminoid Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Curcuminoid Market in these regions.
MARKET PLAYERS
The report covers key developments in the Curcuminoid Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Curcuminoid Market are anticipated to lucrative growth opportunities in the future with the rising demand for Curcuminoid Market in the global market. Below mentioned is the list of few companies engaged in the Curcuminoid Market.
The report also includes the profiles of key Curcuminoid Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Biomax Life Sciences Ltd.
- Merck KGaA
- 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
- Herboveda India Pvt. Ltd.
- Sabinsa Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.