Fairfield Market Research Carmine Market Size Poised to Reach US$0.09 Bn by 2030
Carmine Market

Carmine Market

Global Carmine Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Form Coverage, By Application Coverage, By Geographic Coverage and Leading Companies)

Published Date: Oct 2023 | Format: | No. of Pages: 170

Industry: Chemicals & Materials | Author Name: Harshad

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FAQ : Carmine Market

The global carmine market achieved a valuation of US$0.05 Bn in 2022 and is likely to reach approximately US$0.09 Bn by the end of 2030. Over the years of forecast, the market size will display a strong CAGR of 6.9%.

North America presently holds a leading share in the global carmine market.

The primary factors that are projected to drive the revenue growth of the global carmine market include the growing popularity of Carmine as a natural food ingredient and colorant.

The liquid form of carmine has been and will remain the most preferred over others throughout the period of projection. By application, the dairy and frozen products category of the food segment constitutes a major revenue share of the global carmine market.

Some of the biggest names in the carmine industry include Chr. Hansen Holding A/S, Sensient Technologies Corporation, Döhler Group, Biocon Colours, Roha Dyechem Pvt. Ltd., San-Ei Gen F.F.I., Inc., and Allied Biotech Corporation.
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