Selbyville, DE -- (SBWIRE) -- 12/10/2018 -- Curcumin Market will exceed USD 100 million by 2024; according to a new research report. Growing demand for sustainable cosmetic products will drive curcumin market growth. Increased product usage in treatment of several skin diseases owing to its prevention from ultraviolet (UV) radiation properties has enhanced product penetration. Offering antioxidants to skin that provides protection from harmful sunrays will increase demand in creams and lotions. For instance, every year around 5.4 million cases of the nonmelanoma skin cancer disease id treated in the U.S.

Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/467823/

Changing income trends and increasing consumer spending on organic cosmetics has stimulated curcumin demand. Global cosmetics industry spending was over USD 290 billion in 2016. Skin conscious & well-informed customers are preferring personal care products that are free from the synthetic & harmful products and are manufactured from the herbal & ayurvedic products and do not harm skin.

Pharmaceutical accounted for more than 50% of the total industry demand in 2016. Increasing geriatric population along with growing preference for healthier lifestyle is resulting in more health supplements demand. Shifting trend towards more reliable and long-term impacting health solutions is offering opportunities for herbal extracts supplements industry.

Food sector will foresee gains over 12% up to 2024. Increasing application scope in the food & beverages sector due to rising demand for the natural colorants is a lucrative factor to favor the product demand. The product is widely used to flavor and color the foodstuffs including butter, margarine, cheese, mustard, and pickles.

Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/467823/

Cosmetics will be valued at over 5 million by 2024. The skin care industry is expected to benefit from consumer preference to avoid chemicals ingredients derived from synthetic sources. Emerging economies including India and China have seen a tremendous growth of such products in the past few years owing to growing awareness about the ill effects of synthetically derived products and rise in living standard.

North America curcumin market will grow over 11.5% up to 2024. The industry growth is mainly driven by rise in aging population and presence of several cosmetic international brands in the region. The product is a well-recognized ingredient for pharmaceuticals for its high quality medical and herbal properties in the region.

Asia Pacific market generated more than USD 5 million in 2016. Increased research & development activities owing to rising applications of curcumin in the treatment of cancer acts as a key driving factor for curcumin market growth in Europe. Additionally, manufacturers are mainly concentrated in India owing to the high content of the product in the Indian turmeric products.

Global industry is fragmented with presence of numerous international and local industry players. Some of major players include Synthite Industries, Biomax Lifesciences, and Hindustan Mint and Agro Products.

Table of Contents

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. Curcumin Industry Insights

Chapter 4. Curcumin Market, By Application

Chapter 5. Curcumin Market, By Region

Chapter 6. Curcumin Market, Company Profiles

For more information on this report at: https://www.marketstudyreport.com/reports/curcumin-market/?utm_source=REW-SP

About Market Study Report
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/