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(CityRegions.Com, June 29, 2018 ) 2018-2023 Global Curcumin Consumption Market Report provides information on Products, Services, Trends, Top Companies, Verticals, Countries, Technology, Application, and Consumer Needs globally. This report Focus on all major factors like Key Players, Demand for Products, End User & Applications, Future Growth & Forecast.
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Curcumin market for 2018-2023.
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Curcumin is an ingredient of turmeric which is found in limited amounts in ginger. It is not water-soluble, but it is soluble in ethanol. It has excellent properties such as anti-inflammatory and anti-oxidation. It is extracted from turmeric and is widely used in pharmaceuticals, food and cosmetics industry for its anti-oxidation and anti-inflammatory properties.
Generally, curcumin can be divided into three applications: pharmaceutical, food and beverage and cosmetics. Among those applications, the purity of pharmaceutical grade is much higher than other two types, so is the price. Consumption of pharmaceutical grade accounts for the largest market share globally with 54.08% market share in 2015.
The production of curcumin mainly concentrates in India for the time being, which held 77.68% production share in 2015. Actually, India keeps extending the industry chain of turmeric. From turmeric plants to turmeric powder and curcumin, India has formed an integrated system. The country exports large amounts of turmeric related products to other countries per year. While, in China, limited by the supply of turmeric and technology, the country mainly produce curcumin for its own use with limited export. India is the industry pioneer of curcumin at the time.
Price fluctuations of curcumin have a very close relationship with turmeric. However, the harvest of turmeric is influenced by the weather obviously. Thus, price change of curcumin faces uncertainties each year. According to research, the price of curcumin is in the downward trend on the whole in the recent few years. With relatively sufficient supply of turmeric, it is estimated that price of curcumin will keep going down in the coming years, taking no account of extreme weather change in the turmeric growth regions.
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Over the next five years, LPI(LP Information) projects that Curcumin will register a 3.2% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 130 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Curcumin market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Food and Beverage
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This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Some of Major Point From TOC of 2018-2023 Global Curcumin Consumption Market Report Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Curcumin Consumption 2013-2023
2.1.2 Curcumin Consumption CAGR by Region
2.2 Curcumin Segment by Type
2.2.1 Pharmaceutical Grade
2.2.2 Food Grade
2.2.3 Cosmetic Grade
2.3 Curcumin Consumption by Type
2.3.1 Global Curcumin Consumption Market Share by Type (2013-2018)
2.3.2 Global Curcumin Revenue and Market Share by Type (2013-2018)
2.3.3 Global Curcumin Sale Price by Type (2013-2018)
2.4 Curcumin Segment by Application
2.4.2 Food and Beverage
2.5 Curcumin Consumption by Application
2.5.1 Global Curcumin Consumption Market Share by Application (2013-2018)
2.5.2 Global Curcumin Value and Market Share by Application (2013-2018)
2.5.3 Global Curcumin Sale Price by Application (2013-2018)
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