Curcumin Market Is Expected to Reach Us$ 84.3 Mn by 2022

Curcumin Market is Expected to Reach US$ 84.3 Mn by 2022

According to a new market report published by Credence Research “Curcumin Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021,” the curcumin market was valued at US$ 35.7 Mn in 2014, and is expected to reach US$ 84.3 Mn by 2022, expanding at a CAGR of 11.6% from 2015 to 2022.

Browse the full Curcumin Market for Pharmaceuticals, Food, Cosmetics and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/curcumin-market

Market Insights:

Turmeric is a spice which is derived from the rhizomes of curcuma longa that belongs to the ginger family. The horizontal roots and shoots that are said to be underground stems are known as rhizomes. The bright yellow color of turmeric is derived from the fat soluble, polyphenolic pigments which are known as curcuminoids. The primary curcumanoid is curcumin which is found in turmeric and is known to be the most active constituent. Curcumin is known for its use as a spice and pigment, but it is also used for medicinal purposes since centuries. Growing research studies on curcumin possessing anti-inflammatory and anti-cancer properties has led to scientific interest in the prevention and treatment of diseases.

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Rising awareness among the people regarding benefits of curcumin has led to high growth of global curcumin market. Curcumin is known for its beneficial properties in the medical field. It inhibits the growth of helicobacter pylori which causes gastric ulcers and is also linked with gastric cancer. Curcumin based supplements are used to treat patients suffering from gastric ulcers. Such advantages of curcumin have led to curcumin based supplements in the market. Hence, high demand for curcumin is reported from the pharmaceutical industry worldwide. Growing demand from...