Turmeric Oleoresin, Spice Oils and Oleoresins, Curcumin from Curcuma Longa, Extraction of Curcumin

Description:

Curcumin is an ingredient of turmeric which is found in limited amounts in ginger. It is a cancer preventive molecule and is anti-inflammatory. It is extracted from turmeric and is widely used in pharmaceuticals, food and cosmetics industry for its anti-oxidation and anti-inflammatory properties. Curcumin is used in the treatment of tumors, arthritis, gastric ailments and viral infections. Rising consumer awareness towards health benefits of curcumin and growing demand for curcumin-based nutritional supplements due to increasing consumer awareness regarding its anti-cancer properties are the main drivers responsible for the growth of global curcumin market.

Curcumin based supplements have a huge market as they are easily available over the counter without the existence of government regulations.  In addition, curcumin is also gaining popularity as an ingredient in cosmetic and herbal skin care products. Therefore, growing demand for ayurvedic and herbal skin care products is expected to drive the market during the forecast period. Moreover, rigorous research and development activities regarding the application of curcumin in dye sensitized PV technologies serve as an opportunity for the market as this application would drive new market avenues for curcumin during the forecast period. In terms of application, global curcumin market is categorized into pharmaceuticals, food, cosmetics and others. Pharmaceutical held the largest market share due to rising demand for curcumin based supplements. Increasing demand for herbal cosmetic products is expected to drive the global market of curcumin in cosmetic applications as it serves as a remedy for various skin diseases. Shifting consumer preference towards natural food coloring food substances is expected to increase the demand of curcumin in food applications. However, existence of cheap synthetic food colors serves as a restraining factor in the growth of curcumin market in Rest of the World (RoW) and Asia Pacific region.

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