According to the study “Asia Curcumin Industry Situation and Prospects
Research report”, it was observed that curcumin possesses intense therapeutic,
anti-oxidation and anti-inflammatory properties. Curcumin is highly-preferred
in many products because it helps in regulating various transcription factors
such as protein kinases, cytokines, redox status, adhesion molecules, and
enzymes. Curcumin is a potential chemotherapeutic agent with anti-cancer
activity and helps protect infections against activities against skin, prostate,
pancreas, liver, head, neck, ovary, and lungs. All such therapeutic properties of
curcumin are coupled with pharmacological security as well as cost that makes curcumin
a preferred dietary health supplement. Curcumin is used for Alzheimer's
disease, cancer, and gastric ailments which indirectly drives the pharmaceuticals
industry. It is frequently used in pharmaceuticals and food applications which
is driving the consumption rate of curcumin as a herbal dietary supplement due
to its anti-oxidative and anti-inflammatory properties.
Curcumin is yellow coloured fat soluble
polyphenolic pigment that is derived from curcuminoids. It is also recognized
as turmeric extract. Asian
consumers are demanding for personal and ayurvedic personal care products free
from synthetic and harmful chemical products. Therefore, there are many vendors who are
launching herbal and ayurvedic products to cater to the increasing demand for natural
and organic products. The major ingredients used in the manufacture of organic
products are barry grass, urucum (annatto) oil, aloevera, curcumin and green
tea. Curcumin is a popular ingredient used in Asia’s organic products market.
All the leading vendors in Asia’s curcumin market
are increasingly focusing on creating strong brand names, offering
well-established products, and exhibit long-term reliability. The vendors are
increasingly competing against each other based on factors such as price,
features, and product quality. The leading vendors in Asia’s curcumin market
are Synthite Ind, Sabinsa, Indena, Biomax, K.Patel Phyto, Arjuna, Naturite,
Konark, Arpan, Star Hi Herbs, Guangye Natural, Zhongda Bio, Chenguang Biotech,
Tianxu Biotech and Tairui Biotech. Curcumin is used in various industries such
as pharmaceuticals, food, beverages, cosmetics and others. Geographically,
Asia’s curcumin market is spread across China, Japan, India, Korea, Saudi
Arabia and other regions. Various product types in Asia’s curcumin market are
food grade, pharmaceutical grade, industrial grade and feed grade.
Asia accounts for a largest share in curcumin
market with India being the major consumer. Additionally, an advanced
technological development in the medical and pharmaceutical industry has increased
the demand for curcumin. Rapid urbanization, consumers’ awareness on personal
care and increase consumers’ spending are a few factors driving the curcumin in
Asia. With the increasing consumption and its wide applications in various
categories, the market for curcumin will witness a drastic growth over the next
few years.
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