ID: MRFR/F-B & N/2671-HCR | 110 Pages | Published By Pradeep Nandi on April 2023
The global organic curcumin market is expected to register a CAGR of 7.47% from 2020 to 2027 and reach USD 190.34 Million by the end of 2027
$190.34 Million
7.47 %
Asia-Pacific
2020-2027
Market ScenarioThe global organic curcumin market is expected to register a CAGR of 7.47% from 2020 to 2027 and reach USD 190.34 Million by the end of 2027. Curcumin is a chemical obtained from Curcuma longa plants. It is bright yellowish in color. Curcumin is known to be an anti-inflammatory agent, which helps in relieving pain and inflammation. It is proven that curcumin has antioxidant properties and can help in detoxifying the body. According to a study, conducted by Cancer Research UK, curcumin helps in killing cancer cells in certain types of cancer. Several studies have proven that curcumin helps in stimulating production of neurotrophic factor, which is linked to improving the brain function. This also helps in lowering risk of brain diseases. Curcumin is helpful in preventing heart disease as it acts as anti-clotting agent in blood. It also helps in stimulating digestion process and promotes circulation, enhancing the immune system. The increasing awareness about health benefits offered by curcumin is driving the growth of global organic curcumin market. Moreover, the rising demand for organic plant-based food supplements is driving the global organic curcumin market. Segmentation The global organic curcumin market has been segmented based on type, packaging type, distribution channels, and region. The global organic curcumin market has been classified, based on type, as powder, capsules, and others. The global organic curcumin market has been bifurcated, based on packaging type into pouches, bottles, and others. The global organic curcumin market has been segmented, on the basis of distribution channel, into store based and non-store-based. The store-based segment has been further classified into supermarket and hyper market, convenience stores, and others. The global organic curcumin market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American organic curcumin market has further been segmented into the US, Canada, and Mexico. The European organic curcumin market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The organic curcumin market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The organic curcumin market, in the rest of the world, has been segmented into South America, the Middle East, and Africa. Key Players Biomax Life Sciences Ltd. (India), Synthite Industries Ltd. (India), BioThrive Sciences (US), Konark Herbals & Health Care (India), Organic India Pvt. Ltd. (India), Arjuna Natural Extracts Ltd. (India), SV Agrofood (India), Star Hi Herbs Pvt. Ltd (India), NOW Foods (US), Phyto Life Sciences (India), Herboveda India Pvt. Ltd. (India), Curcumex BV (Netherlands), Helmigs Prima Sejahtera (Indonesia), Yangling Cuijian Bioengineering Technology Co., Ltd. (China), and The Green Labs LLC (US) are some of the key players in the global organic curcumin market. Regional Market Summary Global Organic Curcumin Market Share (%), by Region, 2018 Type: Secondary Types and MRFR Analysis The market in Asia-Pacific is expected to dominate the global organic curcumin market due to increased awareness about health benefits offered by curcumin. The market in North America is projected to occupy a significant market share in the global organic curcumin market, due to increasing demand for organic and plant-based supplements. Moreover, the rising awareness among consumers regarding the benefits offered by curcumin is forecasted to boost the growth of global organic curcumin market. The global organic curcumin market in the rest of the world is expected to grow at a steady rate due to rising demand for organic plant-based food supplements in many parts of the world, such as Argentina and Brazil. Global Organic Curcumin Market, by Type
organic curcumin market is expected to reach USD 153.34 million by 2024.
Organic curcumin market is expected to exhibit a strong 7.47% CAGR over the forecast period from 2019 to 2024.
Growing awareness about the health benefits of curcumin is the major driver for the organic curcumin market.
Asia Pacific is likely to dominate the global organic curcumin market over the forecast period.
Leading players in the organic curcumin market include Curcumex BV, Synthite Industries, and Biomax Life Sciences, among others.