Global Food Grade Curcumin Market, By Type (Equal to 98.0 Percent, Less than 98.0 Percent), Application (Baked Goods, Snack Foods, Dairy Products, Other), Channel (Direct Sales, Distributor), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Food Grade Curcumin Market
Food grade curcumin market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 11.40% in the above-mentioned forecast period. Rise in consumer awareness of curcumin's health advantages drives the food grade curcumin market.
Curcumin is a type of substance which is found in turmeric. Curcumin is a substance with strong anti-inflammatory and antioxidant characteristics. Most studies have used standardized turmeric extracts to include big quantities of curcumin. Curcumin boosts BDNF brain hormone concentrations, which aids in improving the development of fresh neurons and fights multiple procedures of degeneration in the human brain. Curcumin also creates a positive impact on several variables that are known to play a vital role in heart disease. It also helps in the enhancement of the endothelium function and is a powerful anti-inflammatory and antioxidant agent.
Rising clinical use of the extract of curcumin is a vital factor escalating the market growth, also rising penetration of the product in the European market, rising application scope in the pharmaceutical and cosmetic industry, rising awareness among consumers towards health benefits observed upon the consumption of curcumin, rising medicinal values being popular along with ayurvedic medicinal formulation, rising awareness regarding maintaining a healthy lifestyle, rising change in consumer trends and rising awareness towards the benefits of using organic and natural ingredients in medical, cosmetic, and food applications and rising demand for herbal and ayurvedic skincare products, on account of consumer inclination towards using natural ingredients infused product range are the major factors among others driving the food grade curcumin market briskly. Moreover, rising research and development activities in the market and increasing demand for the product from numerous end-user industries will further create new opportunities for the food grade curcumin market in the forecast period of 2021- 2028.
However, the rising availability of cheaper synthetic food products and rising formulation difficulties in products based on curcumin are the major factors among others acting as restraints, and will further challenge the food grade curcumin market in the forecast period.
This food grade curcumin market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food grade curcumin market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Food Grade Curcumin Market Scope and Market Size
Food grade curcumin market is segmented on the basis of type, application and channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, the food grade curcumin market is segmented into equal to 98.0 percent and less than 98.0 percent.
- Based on application, the food grade curcumin market is segmented into baked goods, snack foods, dairy products and other.
- The food grade curcumin market is also segmented on the basis of channel into direct sales and distributor.
Food Grade Curcumin Market Country Level Analysis
Food grade curcumin market is analysed and market size insights and trends are provided by country, type, application and channel as referenced above.
The countries covered in food grade curcumin market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the food grade curcumin market due to increasing product demand in food and a nutritional supplement and this region is also the home for various premium cosmetic brands and these companies are increasingly inclined towards incorporation organic components in their formula in this region. Asia-Pacific is the expected region in terms of growth in food grade curcumin market due to increasing awareness regarding maintaining a healthy lifestyle, rising change in consumer trends and rising awareness towards the benefits of using organic and natural ingredients in medical, cosmetic, and food applications in this region.
The country section of the food grade curcumin market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Food Grade Curcumin Market Share Analysis
Food grade curcumin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food grade curcumin market.
The major players covered in the food grade curcumin market report are Bioprex Labs, Synthite Industries Ltd., BioThrive Sciences, Konark Herbals, Arjuna Natural Pvt Ltd, SV AGROFOOD, Star Hi Herbs Pvt Ltd., NOW Foods, Phyto Life Sciences P. Ltd., Herboveda, Sabinsa, Shaanxi Jiahe Phytochem Co., Ltd., The Green Labs LLC, Wacker Chemie AG, Hindustan Mint & Agro Products Pvt. Ltd., Naturite Agro Products Ltd., ARJUNA NATURAL LTD, and BioMax Security other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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