Product ID: SQMIG30C2135
Report ID:
SQMIG30C2135 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
36 |
Figures:
74
Carmine Market size was valued at USD 5.9 billion in 2021 and is poised to grow from USD 6.36 billion in 2022 to USD 11.60 billion by 2030, growing at a CAGR of 7.8% in the forecast period (2023-2030).
The global Carmine market is experiencing steady growth, driven by its extensive application in various industries such as food and beverages, cosmetics, and pharmaceuticals.
Carmine, a natural red colorant derived from the cochineal insect, offers vibrant and stable coloring properties, making it highly sought after in these industries. The growing consumer preference for natural and clean label products has further fueled the demand for carmine as a safe and sustainable alternative to synthetic colorants.
Additionally, the increasing awareness about the health benefits of carmine, such as its antioxidant properties, has boosted its adoption in functional food and nutraceutical products.
With the expanding scope of applications and the rising demand for natural ingredients, the global Carmine market is poised for continued growth in the coming years.
US Carmine Market is poised to grow at a sustainable CAGR for the next forecast year.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: SQMIG30C2135