MARKET INTRODUCTION Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Curcumin is a bioactive compound found in the root of Curcuma longa also known as turmeric. Curcumin (1,7-bis-(4-hydroxy-3-methoxyphenyl)-hepta-1,6-diene-3,5-dione), a lipophilic polyphenol may work as an anticancer, antibiotic, anti-inflammatory, and anti-aging agent as suggested by several in vitro, in vivo studies and clinical trials. Curcumin is synthesized by Pabon?s reaction using vanillin and acetyl acetone in the presence of boric oxide
MARKET DYNAMICS
Curcuminoid Market is anticipated to grow during the forecast period owing to the shift of end users from synthetic products to natural products due to rising awareness. Moreover, growing demand for OTC curcumin supplements will further supplement the market growth. Furthermore, innovations in pharmaceutical & skincare products using curcumin will offer lucrative opportunities in the market. However, presence of cheaper synthetic food products will impede the market growth in the study period.
MARKET SCOPE
The "Global Curcuminoid Market analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of Curcuminoid Market with detailed market segmentation by curcuminoid content and application. The global Curcuminoid Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Curcuminoid Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Curcuminoid Market is segmented on the basis of curcuminoid content, and application. Based on curcuminoid content, the market is segmented as ? 94% curcuminoid content, ? 80% curcuminoid content and others. The application segment is divided into pharmaceutical, food and beverages, cosmetic and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Curcuminoid Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Curcuminoid Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Curcuminoid Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Curcuminoid Market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Curcuminoid Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Curcuminoid Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Curcuminoid Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Curcuminoid Market in these regions.
MARKET PLAYERS
The report covers key developments in the Curcuminoid Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Curcuminoid Market are anticipated to lucrative growth opportunities in the future with the rising demand for Curcuminoid Market in the global market. Below mentioned is the list of few companies engaged in the Curcuminoid Market.
The report also includes the profiles of key Curcuminoid Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Biomax Life Sciences Ltd.
- Merck KGaA
- Synthite Industries Ltd.
- BioThrive Sciences
- Konark Herbals & Health Care
- Arjuna Natural Extracts Ltd.
- SV Agrofood
- Star Hi Herbs Pvt. Ltd
- NOW Foods
- Phyo life Sciences
- Herboveda India Pvt. Ltd.
- Sabinsa Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Curcuminoid Market - By Curcuminoid Content
1.3.2 Curcuminoid Market - By Application
1.3.3 Curcuminoid Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CURCUMINOID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CURCUMINOID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CURCUMINOID MARKET - GLOBAL MARKET ANALYSIS
6.1. CURCUMINOID - GLOBAL MARKET OVERVIEW
6.2. CURCUMINOID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CURCUMINOID MARKET - REVENUE AND FORECASTS TO 2028 - CURCUMINOID CONTENT
7.1. OVERVIEW
7.2. CURCUMINOID CONTENT MARKET FORECASTS AND ANALYSIS
7.3. MORE THAN 94% CURCUMINOID CONTENT
7.3.1. Overview
7.3.2. More than 94% Curcuminoid Content Market Forecast and Analysis
7.4. MORE THAN 80% CURCUMINOID CONTENT
7.4.1. Overview
7.4.2. More than 80% Curcuminoid Content Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. CURCUMINOID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICAL
8.3.1. Overview
8.3.2. Pharmaceutical Market Forecast and Analysis
8.4. FOOD AND BEVERAGES
8.4.1. Overview
8.4.2. Food and Beverages Market Forecast and Analysis
8.5. COSMETIC
8.5.1. Overview
8.5.2. Cosmetic Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. CURCUMINOID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Curcuminoid Market Overview
9.1.2 North America Curcuminoid Market Forecasts and Analysis
9.1.3 North America Curcuminoid Market Forecasts and Analysis - By Curcuminoid Content
9.1.4 North America Curcuminoid Market Forecasts and Analysis - By Application
9.1.5 North America Curcuminoid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Curcuminoid Market
9.1.5.1.1 United States Curcuminoid Market by Curcuminoid Content
9.1.5.1.2 United States Curcuminoid Market by Application
9.1.5.2 Canada Curcuminoid Market
9.1.5.2.1 Canada Curcuminoid Market by Curcuminoid Content
9.1.5.2.2 Canada Curcuminoid Market by Application
9.1.5.3 Mexico Curcuminoid Market
9.1.5.3.1 Mexico Curcuminoid Market by Curcuminoid Content
9.1.5.3.2 Mexico Curcuminoid Market by Application
9.2. EUROPE
9.2.1 Europe Curcuminoid Market Overview
9.2.2 Europe Curcuminoid Market Forecasts and Analysis
9.2.3 Europe Curcuminoid Market Forecasts and Analysis - By Curcuminoid Content
9.2.4 Europe Curcuminoid Market Forecasts and Analysis - By Application
9.2.5 Europe Curcuminoid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Curcuminoid Market
9.2.5.1.1 Germany Curcuminoid Market by Curcuminoid Content
9.2.5.1.2 Germany Curcuminoid Market by Application
9.2.5.2 France Curcuminoid Market
9.2.5.2.1 France Curcuminoid Market by Curcuminoid Content
9.2.5.2.2 France Curcuminoid Market by Application
9.2.5.3 Italy Curcuminoid Market
9.2.5.3.1 Italy Curcuminoid Market by Curcuminoid Content
9.2.5.3.2 Italy Curcuminoid Market by Application
9.2.5.4 Spain Curcuminoid Market
9.2.5.4.1 Spain Curcuminoid Market by Curcuminoid Content
9.2.5.4.2 Spain Curcuminoid Market by Application
9.2.5.5 United Kingdom Curcuminoid Market
9.2.5.5.1 United Kingdom Curcuminoid Market by Curcuminoid Content
9.2.5.5.2 United Kingdom Curcuminoid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Curcuminoid Market Overview
9.3.2 Asia-Pacific Curcuminoid Market Forecasts and Analysis
9.3.3 Asia-Pacific Curcuminoid Market Forecasts and Analysis - By Curcuminoid Content
9.3.4 Asia-Pacific Curcuminoid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Curcuminoid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Curcuminoid Market
9.3.5.1.1 Australia Curcuminoid Market by Curcuminoid Content
9.3.5.1.2 Australia Curcuminoid Market by Application
9.3.5.2 China Curcuminoid Market
9.3.5.2.1 China Curcuminoid Market by Curcuminoid Content
9.3.5.2.2 China Curcuminoid Market by Application
9.3.5.3 India Curcuminoid Market
9.3.5.3.1 India Curcuminoid Market by Curcuminoid Content
9.3.5.3.2 India Curcuminoid Market by Application
9.3.5.4 Japan Curcuminoid Market
9.3.5.4.1 Japan Curcuminoid Market by Curcuminoid Content
9.3.5.4.2 Japan Curcuminoid Market by Application
9.3.5.5 South Korea Curcuminoid Market
9.3.5.5.1 South Korea Curcuminoid Market by Curcuminoid Content
9.3.5.5.2 South Korea Curcuminoid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Curcuminoid Market Overview
9.4.2 Middle East and Africa Curcuminoid Market Forecasts and Analysis
9.4.3 Middle East and Africa Curcuminoid Market Forecasts and Analysis - By Curcuminoid Content
9.4.4 Middle East and Africa Curcuminoid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Curcuminoid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Curcuminoid Market
9.4.5.1.1 South Africa Curcuminoid Market by Curcuminoid Content
9.4.5.1.2 South Africa Curcuminoid Market by Application
9.4.5.2 Saudi Arabia Curcuminoid Market
9.4.5.2.1 Saudi Arabia Curcuminoid Market by Curcuminoid Content
9.4.5.2.2 Saudi Arabia Curcuminoid Market by Application
9.4.5.3 U.A.E Curcuminoid Market
9.4.5.3.1 U.A.E Curcuminoid Market by Curcuminoid Content
9.4.5.3.2 U.A.E Curcuminoid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Curcuminoid Market Overview
9.5.2 South and Central America Curcuminoid Market Forecasts and Analysis
9.5.3 South and Central America Curcuminoid Market Forecasts and Analysis - By Curcuminoid Content
9.5.4 South and Central America Curcuminoid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Curcuminoid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Curcuminoid Market
9.5.5.1.1 Brazil Curcuminoid Market by Curcuminoid Content
9.5.5.1.2 Brazil Curcuminoid Market by Application
9.5.5.2 Argentina Curcuminoid Market
9.5.5.2.1 Argentina Curcuminoid Market by Curcuminoid Content
9.5.5.2.2 Argentina Curcuminoid Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CURCUMINOID MARKET, KEY COMPANY PROFILES
11.1. BIOMAX LIFE SCIENCES LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. MERCK KGAA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SYNTHITE INDUSTRIES LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BIOTHRIVE SCIENCES
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KONARK HERBALS & HEALTH CARE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ARJUNA NATURAL EXTRACTS LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SV AGROFOOD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STAR HI HERBS PVT. LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NOW FOODS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PHYO LIFE SCIENCES
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. HERBOVEDA INDIA PVT. LTD.
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. SABINSA CORPORATION
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Biomax Life Sciences Ltd.
2. Merck KGaA
3. Synthite Industries Ltd.
4. BioThrive Sciences
5. Konark Herbals & Health Care
6. Arjuna Natural Extracts Ltd.
7. SV Agrofood
8. Star Hi Herbs Pvt. Ltd
9. NOW Foods
10. Phyo life Sciences
11. Herboveda India Pvt. Ltd.
12. Sabinsa Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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