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Curcumin market drivers of growth analysed in a new research report

Curcumin Market size was over USD 39 million in 2015, increasing with estimated gains at over 9.5%.<br><br>Get more details @ https://goo.gl/v6cGtg

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Curcumin market drivers of growth analysed in a new research report

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  1. Curcumin Market to reach $99.3 mn by 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Curcumin Market : • Rising demand for herbal dietary supplements and organic treatment methods for infections and tumors will fuel Curcumin Market growth. Curcumin is basically a fat-soluble, yellow-colored polyphenolic pigment derived from curcuminoids that is available in two forms, namely, enol and keto. This product is also recognized as a turmeric extract, and possesses anti-inflammatory, antifungal, and antiviral properties owing to which it is used to treat tumors, arthritis, and viral infections. It is also used to manage lipid levels, reduce depression, and improve metabolism, subject to which curcumin industry will experience a growth rate of 9.5% over 2016-2024, having held a valuation of USD 39 million in 2015. • Growing consumer consciousness toward the consumption of natural ingredients in food products, cosmetics, and medicines is expected to help market players exploit lucrative opportunities in curcumin market. Most companies have been striving to achieve product bioavailability.

  3. Continued... • For instance, Tokyo based firm, Theravalues Corporation, had launched Theracurmin Super, superior bioavailable form of curcumin in 2014, in compliance with the legislations passed by the European Union for sale in the Europe market. With the rising incidences of cancer, drug manufacturers have been trying to find alternative, bio-based, natural medication to treat the terminal disease. Growing consumer awareness regarding OTC medication will also fuel curcumin industry demand. • Curcumin production is excessively rampant across India, subject to the abundant supply of the product. India holds more than 78% of the global curcumin production. The nation accounted for more than 81% of the Asia Pacific curcumin market in 2015 and is anticipated to depict excellent growth prospects over the next seven years, pertaining to the usage of the product as a spice and food colorant.

  4. U.S. Curcumin Market size, by application, 2013-2024 (USD Million)

  5. Browse Full Market Research Report On Curcumin Market @ https://goo.gl/v6cGtg Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/788

  6. 360° Analysis • Application Trends • Pharmaceutical applications accounted for over 52% of the global curcumin market share. Effective and positive results from various diseases such as alzheimer and gastric ailments are major reasons driving curcumin based supplements demand. Over the counter availability and approval from government should positively influence product demand in pharmaceutical market. • Regional Trends • U.S. generated revenue over USD 19 billion in 2015 and will witness notable growth. Growing consumer demand for curcumin based anti-cancer drugs and herbal dietary supplements should drive regional industry growth. U.S. herbal dietary supplements market surpassed USD 6 billion valuation in 2015, with estimated gains at over 7.5%. • Competitive Market Share • Product innovation and development on curcumin bioavailability are key strategies. For instance, Theravalues Corporation, Tokyo based company, has launched Theracurmin Super for the European market in 2014. The company has found the highest ever product bioavailability, with an amorphous (non-crystal) technology combination. The product is commercialized and meet the European regulations.

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