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.