Global Curcumin market will reach 170 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/5

In recent years, there has been a substantial rise in the demand for curcumin, a bioactive compound that is derived from the root of Curcuma long. Also known as a turmeric, the demand for curcumin shot up as the world realized its plethora of benefits for treating bacterial, fungal, viral, and painful ailments. Historically, curcumin has also been used for treating anti-inflammatory conditions such as osteoarthritis and arthritis. The growing awareness about this bioactive compound in the Western medicine has generated interest around it.

The growing usage of curcumin in food, beverages, wide range of cosmetic products, and pharmaceutical has led to a consistent demand. Awareness about ayurvedic medicines is also expected to give the global curcumin market a definite impetus. Emphasis on skincare with rising disposable income and improving lifestyles has also generated a massive interest in curcumin as it has several beneficial properties.

According to the research report, the global curcumin market was worth US$130 mn in 2018 and is expected to be worth US$170 mn by the end of 2025. Between the forecast years of 2019 and 2025, the global market for curcumin is expected to surge at a CAGR of 3.0%.

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https://www.qyresearch.com/index/detail/1185569/global-curcumin-market
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