Curcumin Market Key Players, Trends, Growth Opportunities and Industry Forecast till 2023
“The growing spending on improvised cultivation programs is boosting botanical raw material production, along with the coexisting offerings of modern-day science and marketing is opening opportunities for entrants who are striving to capitalize in this market.”
The global curcumin market is estimated to gain huge traction in the forthcoming years. Turmeric is derived from Curcuma longa plant and on an account of its therapeutic properties, it is widely used as an active ingredient in food and medicinal products. “An increasing demand for natural coloring agents, along with added anti-inflammatory and antioxidant properties, is gaining a strong popularity among herbal skin care and ayurvedic cosmetic products.” The demand for curcumin is projected to be driven by its increasing use in pharmaceutical products for treating arthritis and osteoarthritis. Low consumer awareness of curcumin’s health benefits in North America is hampering the market growth. The growing spending on improvised cultivation programs is boosting botanical raw material production, along with the coexisting offerings of modern-day science and marketing is opening opportunities for entrants who are striving to capitalize in this market. The market presents a detailed depiction of the application segment which comprises of pharmaceutical, cosmetics, food & beverage and others. Market has been categorized based on the key regions as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia Pacific is the largest curcumin market as it holds the largest share in curcumin production and is attributed as a top-ranking herbal supplement manufacturer and distributer in the global market. A major part of raw turmeric production is undertaken in India and is primarily traded across Europe and North America. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/curcumin-market/request-sample