PUBLISHER: Grand View Research | PRODUCT CODE: 1726392
PUBLISHER: Grand View Research | PRODUCT CODE: 1726392
The global curcumin market is anticipated to reach USD 199.7 million by 2030 and is anticipated to expand at a CAGR of 11.9% during the forecast period, according to a new report by Grand View Research, Inc. Product demand is expected to grow significantly due to its expanding applications across the food, cosmetics, and pharmaceutical industries. Curcumin, known for its potent anti-oxidation and anti-inflammatory properties, has emerged as a popular natural remedy for pain relief, particularly among arthritis and osteoarthritis patients.
Growing consumer awareness, especially in developed markets like the U.S., Germany, and Denmark, is anticipated to further drive curcumin demand over the coming years. As the active compound in turmeric (Curcuma longa), curcumin benefits from the rising global preference for Ayurvedic and natural medicinal formulations.
In the cosmetics industry, curcumin (or turmeric) is widely used for its skin-enhancing properties. In India, it is a key component of Ayurvedic treatments, helping to treat acne, eczema, and dry skin while slowing aging. When combined with natural ingredients like milk, turmeric serves as an effective cleanser and brightening agent, promoting glowing skin and reducing wrinkles. Given these trends, the curcumin market is poised for strong growth in the coming years.