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Curcumin Market Size, Share, Industry Outlook - 2021-2027

An extensive study of the product application and services conducted by subject matter experts assessing the market will help product owners to make a wise decision.

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Curcumin Market Size, Share, Industry Outlook - 2021-2027

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  1. Curcumin Market To Reach USD 135.4 Million By 2027 www.reportsanddata.com sales@reportsanddata.com

  2. Market Summary The growing awareness regarding the health benefits that curcumin provides is driving the demand for the market. Market Size – USD 57.4 Million in 2019, Market Growth - CAGR of 11.5%, Market Trends – High demand from developed nations.

  3. Our Approach Market Summary The global Curcumin market is forecasted to reach USD 135.4 Million by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand owing to the rising customer consciousness about the health benefits and therapeutic properties of curcumin. Moreover, the rising trend of using natural ingredients in cosmetic products is fostering the market demand. However, the availability of cheaper synthetic products is hampering the growth of the market. Growing awareness amongst consumers about their healthy well-being is augmenting the demand for the market product. New and existing cosmetic companies focusing on natural ingredients and using curcumin as one of the primary ingredients is leading to increasing demand for the market. A rise in the acceptance of Ayurvedic medicines is helping the market size of curcumin due to its high value in Ayurvedic formulations. North America is the largest market for curcumin with a 48.5% market share in 2019 due to a growing inclination for a healthy lifestyle and increasing demand for natural ingredients. The Asia Pacific region is forecasted to grow with the highest CAGR of 12.5%, owing to the presence of a large consumer base and a high acceptance rate of ayurvedic and organic products. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/3011

  4. Our Approach Market Summary Further key findings from the report suggest The largest application of curcumin is in the pharmaceutical sector, and it occupied 55.7% of the market in 2019. This is primarily because of the increasing awareness regarding the health benefits of curcumin. Pharmaceutical Grade Curcumin witnessed has garnered substantial importance and occupied 56.6% of the market share in 2019 because of the huge demand for the product in the clinical applications, such as the treatment of Arthritis, migraine, diabetes, liver diseases and skin wounds. The food-grade sub-segment occupied 36.2% of the market in 2019, mainly due to the increasing use of curcumin in food in the developed countries and developing countries like China and India. Food-grade is forecasted to grow at a CAGR of 11.7% in the forecast period. Offline stores dominated the distribution channel and occupied 77.18% of the market share in 2019. The major reason behind this is that internet penetration is low in many areas, and the majority of the population still prefers to buy groceries offline in developing countries. To identify the key trends in the industry, click on the link below @ https://www.reportsanddata.com/report-detail/curcumin-market

  5. Our Approach Market Summary Key participants : SV Agrofood, Biomax Life Sciences Ltd., Konark Herbals and Health Care, Star High Herbs Pvt. Ltd., Hebei Food Additive Co. Ltd., Arjuna Natural Extracts Ltd., BioThrive Sciences, Synthite Industries Ltd., Herboveda India Pvt. Ltd., and Hindustan Mint & Agro Products Pvt. Ltd., among others. For the purpose of this report, Reports and Data have segmented into the global Curcumin market on the basis of Application, Type, Distribution Channel, and Region: Type Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027) Food Grade Cosmetics Grade Pharmaceutical Grade

  6. Our Approach Market Summary Application Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027) Food Cosmetics Pharmaceuticals Other Uses Distribution Channel Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027) Offline Stores Online Stores (E commerce) Order Now @ https://www.reportsanddata.com/checkout-form/3011

  7. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us

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