Market Size of Curcumin Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 155.00 Million |
| Market Size (2029) | USD 240.68 Million |
| CAGR (2024 - 2029) | 9.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Curcumin Market Analysis
The Curcumin Market size is estimated at USD 155 million in 2024, and is expected to reach USD 240.68 million by 2029, growing at a CAGR of 9.20% during the forecast period (2024-2029).
Curcumin has been used extensively as a medical herb in traditional Ayurvedic and Chinese medicine as a key element of natural remedies for treating various pathologies, including diabetes, rheumatism, atherosclerosis, liver disease, and oncological and infectious illnesses.
Following the COVID-19 outbreak, studies have explored curcumin's significance in treating the infection, positively impacting the industry outlook. For instance, a May 2021 study published in Frontiers of Pharmacology found that curcumin with piperine could be an effective adjuvant therapy for COVID-19 treatment.
Anti-cancer, anti-inflammatory, and anti-oxidation properties of curcumin are also expected to drive market growth. Increased textile and cosmetic market applications will likely enhance industry growth during the forecast period. The demand for products in skin care applications, including prevention from ringworm, leech bites, eye infections, skin sores, skin pain, sprains, swellings, bruising, and gum diseases, are expected to propel the industry to grow further.
