Curcumin Market Size To Reach $199.7 Million By 2030

Curcumin Market Growth & Trends

The global curcumin market is anticipated to reach USD 199.7 million by 2030 and is anticipated to expand at a CAGR of 11.9% during the forecast period, according to a new report by Grand View Research, Inc. Product demand is expected to grow significantly due to its expanding applications across the food, cosmetics, and pharmaceutical industries. Curcumin, known for its potent anti-oxidation and anti-inflammatory properties, has emerged as a popular natural remedy for pain relief, particularly among arthritis and osteoarthritis patients.

Growing consumer awareness, especially in developed markets like the U.S., Germany, and Denmark, is anticipated to further drive curcumin demand over the coming years. As the active compound in turmeric (Curcuma longa), curcumin benefits from the rising global preference for Ayurvedic and natural medicinal formulations.

In the cosmetics industry, curcumin (or turmeric) is widely used for its skin-enhancing properties. In India, it is a key component of Ayurvedic treatments, helping to treat acne, eczema, and dry skin while slowing aging. When combined with natural ingredients like milk, turmeric serves as an effective cleanser and brightening agent, promoting glowing skin and reducing wrinkles. Given these trends, the curcumin market is poised for strong growth in the coming years.

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Curcumin Market Report Highlights

• In 2024, the pharmaceutical sector dominated the curcumin market's application segment, with a commanding share of 52.3%, fueled by its widespread use in nutraceuticals, anti-inflammatory drugs, and cancer therapeutics.

• Pharmaceutical sector is also projected to grow at the fastest CAGR of 12.1% during the forecast period, driven by increasing adoption in nutraceuticals, anti-inflammatory drugs, and oncology therapies.

• In 2024, North America dominated the market, accounting for the largest share at 50.2%, driven by robust demand for dietary supplements, natural therapeutics, and functional foods.

• Europe is expected to grow at a CAGR of 12.5% over the forecast period, driven by strong demand for natural health products and pharmaceutical applications.

Curcumin Market Segmentation

Grand View Research has segmented the global curcumin market on the basis of application and region:

Curcumin Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceutical

• Food

• Cosmetics

• Others

Curcumin Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Poland

  • Russia

  • Denmark

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • Malaysia

  • Indonesia

  • Thailand

  • South Korea

  • Vietnam

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • UAE

  • South Africa

  • South Arabia

List of Key Players in the Curcumin Market

• WackerChemie AG

• BioMaxLifesciences Ltd.

• Synthite Industries Ltd.

• Hindustan Mint & Agro Products Pvt. Ltd.

• Arjuna Natural Extracts Ltd.

• SV Agrofood

• Star Hi Herbs Pvt. Ltd.

• Herboveda India Pvt. Ltd.

• Helmigs Prima Sehejtera P.T.

• Javaplant

• Konark Herbals & Healthcare

• Rosun Natural Products Pvt. Ltd.

• Sabinsa Corporation