Australia Curcumin Market Report and Forecast 2024-2032

Australia Curcumin Market Outlook

The Australia curcumin market size is projected to grow at a CAGR of 7.4% between 2024 and 2032.

Key Takeaways

• Studies have shown that curcumin supplementation can impact liver enzymes, such as reducing AST levels.

• Additionally, research in Australia has been part of meta-analyses investigating the effects of curcumin on inflammatory biomarkers, highlighting its potential to reduce inflammation.

• Researchers have explored ways to enhance cumin’s bioavailability, such as combining it with piperine (from black pepper) or encapsulating it in lipids.

Some of the key trends aiding the Australia curcumin market development include the increasing consumer preference for natural ingredients, particularly in food and beverages, pharmaceuticals, and nutraceuticals. This trend is driven by a growing awareness of the health benefits associated with curcumin, such as its anti-inflammatory and antioxidant properties. Moreover, the demand for curcumin is rising due to the shift towards vegetarian and herb-based food items, aligning with the changing nutritional choices of consumers.

Health-conscious consumers are fuelling the market growth as curcumin is recognised for its medicinal properties, especially in pharmaceuticals and nutraceuticals. The market is witnessing a rise in curcumin-based supplements for various health benefits, such as treating anorexia, arthritis, and diabetic sores. Moreover, the skincare industry is embracing curcumin for its anti-inflammatory and antioxidant properties, driving its incorporation into products for skin care applications like preventing skin sores, bruises, and gum diseases. In the food and beverage segment, curcumin is being used in bakery and confectionery products, dairy items, and other food applications, showcasing a diverse range of uses.

Currently, conventional curcumin holds a significant Australia curcumin market share, but organic curcumin is poised for faster growth in the upcoming years, driven by increasing consumer awareness and the preference for high-quality natural products. This is due to the rising popularity of plant-based supplements and superfoods in packaged food products, reflecting a shift towards healthier and more sustainable choices. An example of this trend can be seen in the increasing use of organic curcumin in herbal and medicinal products.

Market Segmentation

Australia Curcumin Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments

Market Breakup by Nature

• Organic

• Conventional

• Others

Market Breakup by Application

• Food and Beverages
  • Bakery and Confectionery
  • Dairy Products
  • Others

• Cosmetics

• Pharmaceuticals

• Nutraceuticals

• Others

Market Breakup by End Use

• Dietary Supplements

• Herbal and Medicinal Products

• Food Products

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

Competitive Landscape

Market players are emphasising the production of organic curcumin, which appeals to consumers seeking natural and environmentally friendly products with potential health benefits.

• Silverline Chemicals

• Plant Doctor Pty Ltd.

• Nature’s Care Manufacture Pty Ltd.

• Australian NaturalCare

• New Directions Australia Pty Ltd.

• Others

Key Highlights of the Report