iCrowdNewswire Jan 12, 2021 5:06 PM ET
Curcumin, also referred to as diferuloylmethane, is the primary pure polyphenol discovered within the rhizome Curcuma longa. Curcumin is obtained by the solvent extraction of turmeric, the foundation of Curcuma longa after which purified by crystallization. Curcuma longa has been historically utilized in Asian nations as a medical herb for varied pathologies because of its antimutagenic, anti-inflammatory, antioxidant, and antimicrobial properties.
The worldwide curcumin market has been segmented by type, class, software, and area.
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Primarily based on type, the worldwide curcumin market has been segmented into liquid and powder. The powder section is anticipated to realize the bigger income share and register the upper development price through the forecast interval. Curcumin powder is utilized in varied purposes akin to prescription drugs and nutraceuticals as it’s handy to make use of.
The worldwide curcumin market has been categorised, by class, as natural and standard. The traditional section is anticipated to be bigger owing to the simple availability and decrease costs of typical curcumin as in comparison with organically grown curcumin. Nonetheless, the natural section is projected to register the upper CAGR through the forecast interval as a result of rising inclination of shoppers for natural merchandise.
The worldwide curcumin products market has been categorized, by software, as meals & beverage, prescription drugs and nutraceuticals, and others. The prescription drugs and nutraceuticals section is projected to realize the most important share of the market as a result of widespread use of curcumin in nutraceuticals. The excessive antioxidant exercise of curcumin makes it an important ingredient in lots of medicines. Curcumin is taken into account an antioxidant as a result of presence of the β-diketone group; this has led to its use in ayurvedic medicines for treating allergy symptoms and bronchial asthma. Nonetheless, the meals & beverage section is projected to exhibit the very best CAGR through the forecast interval owing to the numerous development of the meals & beverage trade the place curcumin is broadly used as a pure coloring agent.
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The worldwide curcumin market has been segmented, on the premise of area, into North America, Europe, Asia-Pacific, the remainder of the world.
Asia-Pacific is projected to realize market dominance through the forecast interval owing to the rising consciousness concerning the well being advantages of curcumin. The rising demand for wholesome and pure components within the area can be boosting the sale of curcumin. Nonetheless, the North American market is anticipated to register the very best development price through the forecast interval with the US and Canada being the most important country-level markets.
Among the key gamers within the international curcumin market are Sabinsa Company (Germany), Rosun Pure Merchandise Pvt. Ltd (India), Konark Herbals & Well being Care (India), PT. Helmigs Prima Sejahtera (Indonesia), Star Hello Herbs Pvt. Ltd. (India), SV Agrofood (India), Arjuna Pure Extracts Ltd. (India), Hindustan Mint & Agro Merchandise Pvt. Ltd. (India), Synthite Industries Pvt. Ltd. (India), and Herboveda India Pvt. Ltd. (India).
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Key phrases: Curcumin Market, Developments, Measurement, Enterprise Methods, Key Gamers Evaluation, Forecast, 2024