The present invention is directed to compositions comprising nanoparticulate curcumin or curcumin analogue or curcumin metabolite and at least one surface stabilizer that is preferably adsorbed to or associated with the surface of the curcumin particles. Finely divided curcumin compositions, in which curcumin is present in amorphous or semi amorphous phase and essentially has a particle size of less than 1000 nm. The novel curcumin compositions improve the dispersability of curcumin in aqueous medium or physiological medium or any other suitable vehicle thus providing the advantage to make curcumin in administerable or applicable form through parenteral, oral, topical, transdermal route for its cosmetic/therapeutic/medical/other applications.