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The global carmine market size is expected to reach USD 78.5 Billion at a steady revenue CAGR of 6.7% in 2030. Increase in demand for natural food ingredients and colorants can be attributed to the steady market revenue growth of carmine. Natural food ingredients and colorants have a number of advantages. Consumers who are concerned about their health are highly serious about the more-than-skin-deep aspect.
Although they want it "natural," they want the right color as well. Customers are worried about the impact of the foods and drinks they eat on their health and the health of their children. Beta-carotene, lutein, lycopene, anthocyanins, and flavanoid compounds from grape skin, blueberry, and bilberry, along with turmeric, are all potent antioxidant or anti-inflammatory compounds. For the majority of top ingredient suppliers, their inventories of naturally derived colorants are healthy. That is because the majority of plant and animal pigments serve as defense against UV light and oxygen's negative effects.
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Emergen Research’s latest document, titled ‘Global Carmine Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Carmine Market. The report’s authors have offered necessary details on the latest Carmine Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Carmine Market industry entails useful insights into the estimated Carmine Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.
Key participants include com, Biocon, Chr. Hansen Holding A/S, Colormaker, Inc., DDW The Color House, Naturex, Proquimac, Roha, Sensient Technologies Corporation, and The Hershey Company.
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Emergen Research has segmented the global carmine market on the basis of form, application, end-use, and region:
Form Outlook (Revenue, USD Million; 2019–2030)
Powder
Liquid
Application Outlook (Revenue, USD Million; 2019–2030)
Dairy & Frozen Products
Food & Beverages
Cosmetics
Bakery & Confectionary
Meat Products
End-Use Outlook (Revenue, USD Million; 2019–2030)
Food Processing Companies
Beverage Industry
Catering Industry
Cosmetics & Pharmaceutical Industry
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Objectives of the Report:
Study of the global Carmine market size by key regions, types, and applications with reference to historical data (2019-2020) and forecast (2022-2030)
Industrial structure analysis of the Carmine market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Carmine market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Carmine market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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