Global Carmoisine Market: Overview
Carmoisine is a form of synthetic food dye. It may be in the liquid or powder form and is red or maroon in color. Carmoisine has high stability and long shelf life property which makes it easy to store. They are mainly used for the coloring of food and beverages and are also used in cosmetics and pharmaceuticals. Coloring the products makes them more attractive to the consumers which help to acquire more buyers to the product.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Carmoisine Market: Segmentation
The global carmoisine market is segmented into its form, application, and geography. On the basis of form type, the carmoisine market is divided into suspension, syrup, and powder. Based on application, the market is segregated into food and beverages which include cheese, soda, jellies, dry fruits, jams, and others; chemicals which further includes coloring agent, dyes and lakes and staining agent; personal care and toiletries further classified into bath soaps, shampoos and conditioners, toothpastes, hair gels and hair oils, and pharmaceutical applications. Diversification of the market on the basis of geography is seen into Europe, North America, Asia-Pacific, Latin America, and the Middle East and Africa.
Global Carmoisine Market: Growth Factors
The carmoisine market is a growing market owing to factors such as a rise in demand for the food colorants in many countries, the inclination of the manufacturers to developing more long lasting, appealing, and longer shelf life food colorants. Carmoisine is mainly used to color foods especially commodities such as energy drinks, candies, sugar gummies, and juices to make them more appealing and attractive to the consumers. They are also used in the coloring of cosmetic products such as colored lip balms, lipsticks, nail paints, and others. However, owing to the harmful effects of excessive use of carmoisine the manufacturers are slowing reducing its application in their products. This may cause a hindrance to the market growth of carmoisine.
Global Carmoisine Market: Regional Analysis
Geographically, the carmoisine market is divided into North America, Latin America, Asia-Pacific, Europe and the Middle East and Africa of which the largest market share is held by Asia Pacific. This can be attributed to the increased application of carmoisine as food colorant among the beverage and food manufacturers and large scale production of carmoisine products such as carmoisine dyes. Growth can be specifically seen in countries such as China, Japan, and India. Following Asia Pacific in its footsteps is Latin America. Growing demand for longer shelf life, food colorants, and high stability in Latin America has boosted the market growth in this region. Other regions contributing a moderate share to the market growth include North America, Europe, and the Middle East and Africa.
Global Carmoisine Market: Competitive Players
Some of the major companies in the global carmoisine market include Dynemic Products Ltd., Matrix Pharma-Chem (I) Pvt. Ltd., Neelikon Food Colours & Chemicals Ltd., Ajanta Chemical Industries, Vinayak Ingredients (India) Pvt. Ltd. and, National Foods (Pvt.) Ltd.
Global Carmoisine Market: Regional Segment Analysis
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