Fairfield Market Research, a leading market research firm, projects that the global curcumin market is set to reach an estimated value of US$112.6 million between 2021 and 2025. The South African region, in particular, is experiencing a significant surge in curcumin demand due to consumers' growing preference for natural and plant-based ingredients
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The rise in health consciousness and the increasing popularity of clean labels have propelled consumers to seek out plant-based food products. As a result, curcumin, with its unique natural color and taste attributes, is rapidly gaining traction as a preferred ingredient over synthetic alternatives. Analysts predict that curcumin will gradually replace artificial ingredients in various food applications.
According to a recent DuPont Nutrition & Health study, 52% of consumers in the United States have been consuming more plant-based foods and beverages. On a global scale, this number rises to an impressive 65%. Curcumin has been identified as a potential active ingredient against lifestyle diseases, gastrointestinal disorders, cardiovascular conditions, and more. The growing awareness of the remarkable health benefits of consuming curcumin, particularly by including turmeric in food preparations, is expected to further drive the demand for curcumin in the South African market.
South Africa, known for its rich biodiversity and traditional use of herbal remedies, is witnessing a surge in demand for natural ingredients. As consumers become more aware of curcumin's advantages, manufacturers and suppliers in the region are gearing up to meet the growing market needs. This presents a significant opportunity for local businesses to capitalize on the rising trend of plant-based and natural products.
The projected growth of the curcumin market in South Africa aligns with the global trend, indicating a promising future for the industry. As Fairfield Market Research continues to monitor market dynamics, the evolving landscape of the curcumin market in South Africa will be closely observed.
Consumers' preference for clean labels has been a significant factor in consuming plant-based food products. The great color and taste-enhancing properties of curcumin, derived from turmeric, have positioned it as a favorable alternative to synthetic ingredients. Analysts anticipate that curcumin will gradually replace synthetic additives in various food products due to its natural and unique attributes.
A recent study conducted by DuPont Nutrition & Health found that 52% of consumers in the United States are increasingly consuming plant-based foods and beverages. Globally, this number stands at an impressive 65%. Curcumin has gained recognition as an active ingredient that can potentially combat lifestyle diseases, gastrointestinal disorders, cardiovascular conditions, and more. The growing awareness of the remarkable health benefits associated with curcumin consumption is expected to fuel the demand for curcumin in the South African market.
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The Global Curcumin Market research report offers accurate insights for the growth prospects of the Curcumin market in the forecast years 2020-2027.
The report is an all-inclusive study of the Curcumin market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals.
Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include: SV Agrofood, Biomax Life Sciences Ltd., Konark Herbals and Health Care, Star High Herbs Pvt.
