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Turmeric Extract Curcumin Market Growth Statistics & Future Prospects by 2032

Submitted by ashinde on Tue, 12/05/2023 - 02:21

The global turmeric extract Curcumin market size was USD 16.54 Million in 2022 and is expected to reach USD 64.41 Million in 2032, and register a revenue CAGR of 13% during the forecast period. Rising demand for natural and organic products, greater knowledge of the health advantages of curcumin, and increasing prevalence of chronic diseases are major factors driving the market revenue growth.

The primary component of turmeric extract, curcumin, provides several health advantages, such as anti-inflammatory and Antioxidant capabilities. From ancient times, it has played a crucial role in many traditional remedies, especially in countries such as China and India. Demand for turmeric extract curcumin products is rising as customers turn more to natural medicines and supplements as part of growing trend toward healthy and natural lives.

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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.

Key Players covered in this report are

Sabinsa Corporation
Biomax Life Sciences
Arjuna Natural Pvt Ltd.
SV Agrofood
Synthite Industries Ltd.
Herboveda India Pvt Ltd.
Star Hi Herbs Pvt Ltd.
Helmigs Prima Sejahtera PT
Konark Herbals and Health Care
Hebei Food Additive Co., Ltd.

Market Segmentation

By Application Outlook  
Pharmaceuticals
Food & Beverages
Cosmetics
Others

By Form Outlook  
Powder
liquid
Others

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Based on Region market is segmented into:

North America
Europe
Asia-Pacific
South America
Middle East & Africa

Major Points covered in this report are as below:

An analysis of Turmeric Extract Curcumin industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
This report provides information on the market status of Turmeric Extract Curcumin manufacturers and provides valuable insight into the market for companies and individuals.

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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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