Title: Carmine Market
1Global Carmine Market Industry Trends and
Forecast to 2027
Global Carmine Market By Source (Insects and
Bugs), Form (Powder, Crystal, and Liquid),
Application (Bakery Confectionery, Beverages,
Dairy Frozen Products, Meat Products, Oil
Fat, Fruits Vegetables, Cosmetics, Textile
Dyes), End User (Food Processing Companies,
Beverage Industry, Catering Industry, and
Cosmetics Pharmaceutical Industry)
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2Report Description
Carmine market is expected to reach USD 46.61
million by 2027 growing at a growth rate of 6.30
in the forecast period of 2020 to 2027. Carmine
are the color pigments derived from insects and
bugs, sun dried then mixed with natural minerals
to produce in the form of powder, liquid or
crystal. To make this sound more apt, these are
the cochineal extract obtained from the cochineal
insects scales found on the coccus cacti. The
final extraction is of vibrant deep red color,
implemented in the pigment addition of various
daily life products.
3Major Key Players
- Some of the major players operating in this
market are - Chr. Hansen Holding A/S
- Naturex
- Sensient Technologies Corporation
- Roha Dyechem Pvt. Ltd.
- Diana Naturals
- DDW The Color House
- The Hershey Company
- GNT Group B.V.
- BioconColors
- ColorMaker, Inc,
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4Market Segmentation
- By Source (Insects and Bugs)
- By Form (Powder, Crystal, and Liquid)
- By Application (Bakery Confectionery,
Beverages, Dairy Frozen Products, Meat
Products, Oil Fat, Fruits Vegetables,
Cosmetics, Textile Dyes) - By End User (Food Processing Companies, Beverage
Industry, Catering Industry, and Cosmetics
Pharmaceutical Industry)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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