PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1404046
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1404046
Global Curcumin Market will grow at an 11.2% CAGR from 2023 to 2032, propelled by the increased integration of curcumin in pharmaceuticals, food, and healthcare products. As consumers prioritize natural and functional ingredients, curcumin's diverse applications align with the rising trend toward holistic well-being. Its proven anti-inflammatory and antioxidant properties make it a preferred component, driving product demand across industries. This dual impact of broadening applications and heightened consumer preference will position curcumin as a key contributor to the market's growth and overall market size.
For instance, in 2022, Sabinsa unveiled CurCousin, a novel turmeric extract abundant in the curcumin analog Calebin A. This curcumin analog is naturally found in both Curcuma longa and Curcuma caesia, distinguishing CurCousin as a unique and naturally derived ingredient. This innovative addition meets the increasing demand for diverse and potent curcumin formulations, contributing to the market's robustness and establishing Sabinsa as a key player in the evolving landscape of curcumin-based products.
The overall curcumin industry is bifurcated based on type of application and region.
The pharmaceutical application segment will achieve a significant share by 2032 due to the compound's recognized medicinal properties. Curcumin's proven anti-inflammatory and antioxidant attributes position it as a valuable ingredient in pharmaceutical formulations. With a rising emphasis on natural and holistic health solutions, the pharmaceutical industry's demand for curcumin is on the rise. This segment's prominence underscores the therapeutic potential of curcumin, making it a key component in pharmaceutical applications and a significant contributor to market growth.
North America curcumin market will register a notable CAGR from 2023 to 2032, attributed to a growing awareness of its health benefits and its incorporation into dietary supplements. The region's wellness-focused consumers are embracing curcumin for its anti-inflammatory properties and potential health advantages. Factors such as the rising popularity of natural health remedies and the diverse applications of curcumin in various industries contribute to North America's significance in the market, positioning it as a major contributor to the curcumin industry.
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