Global Carmine Market, Size, Forecast 2024-2032, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Carmine Market Outlook
Global Carmine Market is anticipated to be priced at around US$ 80.11 Million by 2032, according to Renub Research. In the modern world, carmine holds tremendous importance in the food and beverage industry as it satisfies developing customer options for natural elements. With the increasing demand for clean-label products, carmine is a natural option for synthetic colors, ensuring vibrant colorings without artificial components. Its versatility makes it vital in various products, from confectioneries to beverages. It meets contemporary purchasers' preference for transparency and authenticity in food choices while preserving high-quality standards and regulatory compliance.
Global Carmine Market Size, 2024-2032 (Billion US$)
Note: The chart above shows dummy data and is only for illustration purposes. Please get in touch with us for the actual market size and trends.
Global Carmine Market
Clariant AG
In 2024, Clariant acquired Lucas Meyer Cosmetics from IFF for an USD 810 million.
Chr. Hansen Holding A/S
In February 2019, Chr. Hansen has commercialized a brand new vegetable variety—the Hansen sweet potato, Ipomoea batatas—using conventional breeding strategies to create the lengthy-sought-after vibrant, natural purple alternative to carmine.
Global Carmines Market is foreseen to grow at a CAGR of 6.44% between 2024 and 2032
The surge in demand for organic food colors over artificial additives propels the carmine market forward. Consumers increasingly opt for natural substances, reflecting a shift towards healthier and cleaner eating behavior. Derived from natural resources, carmine corresponds with this trend by imparting colorful shade options without synthetic chemical substances. As recognition of health and sustainability grows, the choice for carmine as an organic food coloring agent rises pivoting its market demand to the evolving desires of clients searching for organic and healthy food choices.
Further, the burgeoning consciousness of carmine's health advantages has spurred its adoption in functional food and nutraceutical products. Health-aware purchasers increasingly search for carmine because of its recognized natural sourcing and rich antioxidant properties. Its inclusion in purposeful foods and nutraceuticals enhances its appeal, offering coloration and potential health benefits. With clients prioritizing health and looking for practical elements, the rise of carmine in those products signifies a shift towards incorporating natural, functional additives to aid standard fitness and nutrition.
Carmine is a natural food colorant. It is obtained from the shell of the female cochineal insect (Dactylopius coccus Costa). This insect, Dactylopus coccus costa, binds itself to distinct types of cactus seen in the semi-arid regions of Peru, Chile, Bolivia, Mexico, and The Canary Islands. Carmine is entirely natural and is one of the only dyes approved by the FDA for use near the eye. Due to government regulations on synthetic dyes, it is the only red authorized for use in foods in the U.S. and the European Union.
Over the projected period, this is expected to cut the overall price of carmine. Carmine is used in two Dannon’s Light and Fit Greek flavors and six Activia yogurts. On a global note, it is commonly used in meats for sausages, cold meats, and hams. However, in the U.S. market, the bakery and confectionery industries demand a higher usage of this colorant. It is also the most popular in the meat industry. It enhances the natural red color of meat, sausages, and lunch meats. Hence, the global carmine market was US$ 45.68 Million in 2023.
Dairy and frozen products may emerge as primary applications in the global carmine market
By application, the global carmine market is fragmented into Bakery & Confectionery, Beverages, Dairy & Frozen Products, Meat Products, Fruits & Vegetables, Oil & Fat, Cosmetics, and Other Food Products. Dairy and frozen products could emerge as leading applications in the global carmine market. This is because of their flexible color enhancement needs. Carmine, derived from natural sources, offers solid and colorful colors, meeting the visible expectancies of purchasers in dairy and frozen items. Its effectiveness in imparting attractive shades to ice creams, yogurts, and different frozen treats, along with its suitability for numerous dairy products. This positions carmine as a desired natural colorant promoting its prominence in those key market segments.
Powdered form likely sees significant growth within the global carmine market
By form, the global carmine market is segmented into Liquid, Powder, and Crystal. The powder form is probably experiencing rapid growth in the global carmine market. This is due to its versatility and ease of incorporation into diverse applications. Powdered carmine gives comfort in handling and storage, making it attractive to manufacturers searching for green manufacturing procedures. Its pleasant texture allows uniform dispersion, ensuring regular coloring in diverse merchandise, from food and beverages to cosmetics. Also, powdered carmine regularly boasts an extended shelf life compared to other forms, further improving its attraction and accelerating its adoption and boom in the global carmine market.
Cosmetics and pharmaceutical sectors could demonstrate a strong growth trajectory within the global carmine market
By end-users, the global carmine market is categorized into food processing, beverage, catering, cosmetics, and pharmaceutical industries. The cosmetics and pharmaceutical industries might exhibit a robust growth rate in the global carmine market. This is due to expanded consumer demand for natural and sustainable ingredients. Carmine, derived from cochineal bugs, is a vibrant red pigment used appreciably in cosmetics and prescribed drugs. As the cosmetics and pharmaceutical sectors prioritize green and plant-based components, carmine's organic origin aligns with these trends. Its versatility in growing colorful shades for lipsticks, blushes, and pharmaceutical coatings positions carmine as a sought-after aspect, contributing to the industry's upward trajectory.
United States might hold a prominent position in the global carmine market
By country, the global carmine market is divided into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, the Netherlands, and Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, and New Zealand), Latin America (Brazil, Mexico, and Argentina), Middle East & Africa (South Africa, Saudi Arabia, and the UAE). The United States is one of the leaders in the global carmine market. Its flourishing cosmetics and pharmaceutical sectors generate a considerable demand for carmine-based items. Rigorous guidelines uphold high-quality standards, bolstering purchaser confidence in carmine-derived products. Moreover, the U.S. emphasizes innovation and studies, propelling progress in carmine extraction and application strategies. The nation continues its dominance with a considerable purchaser base and massive purchasing power. A combination of enterprise demand, regulatory rigor, innovation, and market size cemented the United States' distinguished function in the global carmine market.
Global Carmine Market Share, By Application (Percentage)
Note: The chart above shows dummy data and is only for illustration purposes. Please get in touch with us for the actual market size and trends.
Key Players
The global carmine market consists of companies like Clariant AG, Chr. Hansen Holding A/S, Naturex (Givaudan), Sensient Technologies Corporation, The Hershey Company, Biocon, Amerilure, and DDW Color House.
- In January 2023, Crimson Color Co. introduced novel carmine-based natural food colorings featuring enhanced stability and improved application characteristics. These innovative formulations provide food manufacturers with increased flexibility in achieving vibrant red hues while adhering to stringent regulatory standards.
Application – Global Carmine Market breakup in 8 viewpoints:
1. Bakery & Confectionery
2. Beverages
3. Dairy & Frozen Products
4. Meat Products
5. Fruits & Vegetables
6. Oil & Fat
7. Cosmetics
8. Other Food Products
Form – Global Carmine Market breakup in 3 viewpoints:
1. Liquid
2. Powder
3. Crystal
End-Users – Global Carmine Market breakup in 4 viewpoints:
1. Food Processing
2. Beverage
3. Catering
4. Cosmetics & Pharmaceutical Industries
Country – Global Carmine Market breakup in 25 viewpoints:
1. North America
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Development
• Revenue Analysis
Company Analysis:
1. Clariant AG
2. Chr. Hansen Holding A/S
3. Naturex (Givaudan)
4. Sensient Technologies Corporation
5. The Hershey Company
6. Biocon
7. Amerilure
8. DDW Color House
Report Details:
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2019 - 2023 |
| Forecast Period | 2024 - 2032 |
| Market | US$ Billion |
| Segment Covered | Application, Form, End Users, and Countries |
| Countries Covered | United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, the Netherlands, Turkey, China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, and New Zealand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, and South Africa |
| Companies Covered | Clariant AG, Chr. Hansen Holding A/S, Naturex (Givaudan), Sensient Technologies Corporation, The Hershey Company, Biocon, Amerilure, and DDW Color House |
| Customization Scope | 20% Free Customization |
| Post-Sale Analyst Support | 1 Year (52 Weeks) |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Carmine Market
6. Market Share – Global Carmine Analysis
6.1 By Application
6.2 By Form
6.3 By End Users
6.4 By Country
7. Application – Global Carmine Market
7.1 Bakery & Confectionery
7.2 Beverages
7.3 Dairy & Frozen Products
7.4 Meat Products
7.5 Fruits & Vegetables
7.6 Oil & Fat
7.7 Cosmetics
7.8 Other Food Products
8. Form – Global Carmine Market
8.1 Liquid
8.2 Powder
8.3 Crystal
9. End Users – Global Carmine Market
9.1 Food Processing Companies
9.2 Beverage Industry
9.3 Catering Industry
9.4 Cosmetics and Pharmaceutical Industry
10. Country – Global Carmine Market
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
11. Porter’s Five Analysis – Global Carmine Market
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis – Global Carmine Market
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players
13.1 CLARIANT AG
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue
13.2 CHR. HANSEN HOLDING A/S
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue
13.3 NATUREX (GIVAUDAN)
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue
13.4 SENSIENT TECHNOLOGIES CORPORATION
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue
13.5 THE HERSHEY COMPANY
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue
13.6 BIOCON
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Revenue
13.7 Amerilure
13.7.1 Overview
13.7.2 Recent Development
13.8 DDW Color House
13.8.1 Overview
13.8.2 Recent Development
List of Figures:
Figure-01: Global – Carmine Market (Billion US$), 2019 – 2023
Figure-02: Global – Forecast for Carmine Market (Billion US$), 2024 – 2032
Figure-03: Application – Bakery & Confectionery Market (Million US$), 2019 – 2023
Figure-04: Application – Forecast for Bakery & Confectionery Market (Million US$), 2024 – 2032
Figure-05: Application – Beverages Market (Million US$), 2019 – 2023
Figure-06: Application – Forecast for Beverages Market (Million US$), 2024 – 2032
Figure-07: Application – Dairy & Frozen Products Market (Million US$), 2019 – 2023
Figure-08: Application – Forecast for Dairy & Frozen Products Market (Million US$), 2024 – 2032
Figure-09: Application – Meat Products Market (Million US$), 2019 – 2023
Figure-10: Application – Forecast for Meat Products Market (Million US$), 2024 – 2032
Figure-11: Application – Fruits & Vegetables Market (Million US$), 2019 – 2023
Figure-12: Application – Forecast for Fruits & Vegetables Market (Million US$), 2024 – 2032
Figure-13: Application – Oil & Fat Market (Million US$), 2019 – 2023
Figure-14: Application – Forecast for Oil & Fat Market (Million US$), 2024 – 2032
Figure-15: Application – Cosmetics Market (Million US$), 2019 – 2023
Figure-16: Application – Forecast for Cosmetics Market (Million US$), 2024 – 2032
Figure-17: Application – Other Food Products Market (Million US$), 2019 – 2023
Figure-18: Application – Forecast for Other Food Products Market (Million US$), 2024 – 2032
Figure-19: Form – Liquid Market (Million US$), 2019 – 2023
Figure-20: Form – Forecast for Liquid Market (Million US$), 2024 – 2032
Figure-21: Form – Powder Market (Million US$), 2019 – 2023
Figure-22: Form – Forecast for Powder Market (Million US$), 2024 – 2032
Figure-23: Form – Crystal Market (Million US$), 2019 – 2023
Figure-24: Form – Forecast for Crystal Market (Million US$), 2024 – 2032
Figure-25: End User – Food Processing Companies Market (Million US$), 2019 – 2023
Figure-26: End User – Forecast for Food Processing Companies Market (Million US$), 2024 – 2032
Figure-27: End User – Beverage Industry Market (Million US$), 2019 – 2023
Figure-28: End User – Forecast for Beverage Industry Market (Million US$), 2024 – 2032
Figure-29: End User – Catering Industry Market (Million US$), 2019 – 2023
Figure-30: End User – Forecast for Catering Industry Market (Million US$), 2024 – 2032
Figure-31: End User – Cosmetics and Pharmaceutical Industry Market (Million US$), 2019 – 2023
Figure-32: End User – Forecast for Cosmetics and Pharmaceutical Industry Market (Million US$), 2024 – 2032
Figure-33: United States – Carmine Market (Million US$), 2019 – 2023
Figure-34: United States – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-35: Canada – Carmine Market (Million US$), 2019 – 2023
Figure-36: Canada – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-37: France – Carmine Market (Million US$), 2019 – 2023
Figure-38: France – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-39: Germany – Carmine Market (Million US$), 2019 – 2023
Figure-40: Germany – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-41: Italy – Carmine Market (Million US$), 2019 – 2023
Figure-42: Italy – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-43: Spain – Carmine Market (Million US$), 2019 – 2023
Figure-44: Spain – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-45: United Kingdom – Carmine Market (Million US$), 2019 – 2023
Figure-46: United Kingdom – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-47: Belgium – Carmine Market (Million US$), 2019 – 2023
Figure-48: Belgium – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-49: Netherlands – Carmine Market (Million US$), 2019 – 2023
Figure-50: Netherlands – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-51: Turkey – Carmine Market (Million US$), 2019 – 2023
Figure-52: Turkey – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-53: China – Carmine Market (Million US$), 2019 – 2023
Figure-54: China – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-55: Japan – Carmine Market (Million US$), 2019 – 2023
Figure-56: Japan – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-57: India – Carmine Market (Million US$), 2019 – 2023
Figure-58: India – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-59: South Korea – Carmine Market (Million US$), 2019 – 2023
Figure-60: South Korea – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-61: Thailand – Carmine Market (Million US$), 2019 – 2023
Figure-62: Thailand – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-63: Malaysia – Carmine Market (Million US$), 2019 – 2023
Figure-64: Malaysia – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-65: Indonesia – Carmine Market (Million US$), 2019 – 2023
Figure-66: Indonesia – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-67: Australia – Carmine Market (Million US$), 2019 – 2023
Figure-68: Australia – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-69: New Zealand – Carmine Market (Million US$), 2019 – 2023
Figure-70: New Zealand – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-71: Brazil – Carmine Market (Million US$), 2019 – 2023
Figure-72: Brazil – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-73: Mexico – Carmine Market (Million US$), 2019 – 2023
Figure-74: Mexico – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-75: Argentina – Carmine Market (Million US$), 2019 – 2023
Figure-76: Argentina – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-77: Saudi Arabia – Carmine Market (Million US$), 2019 – 2023
Figure-78: Saudi Arabia – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-79: UAE – Carmine Market (Million US$), 2019 – 2023
Figure-80: UAE – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-81: South Africa – Carmine Market (Million US$), 2019 – 2023
Figure-82: South Africa – Forecast for Carmine Market (Million US$), 2024 – 2032
Figure-83: Clariant Ag – Global Revenue (Million US$), 2019 – 2023
Figure-84: Clariant Ag – Forecast for Global Revenue (Million US$), 2024 – 2032
Figure-85: Chr. Hansen Holding A/S – Global Revenue (Million US$), 2019 – 2023
Figure-86: Chr. Hansen Holding A/S – Forecast for Global Revenue (Million US$), 2024 – 2032
Figure-87: Naturex (Givaudan) – Global Revenue (Million US$), 2019 – 2023
Figure-88: Naturex (Givaudan) – Forecast for Global Revenue (Million US$), 2024 – 2032
Figure-89: Sensient Technologies Corporation – Global Revenue (Million US$), 2019 – 2023
Figure-90: Sensient Technologies Corporation – Forecast for Global Revenue (Million US$), 2024 – 2032
Figure-91: The Hershey Company – Global Revenue (Million US$), 2019 – 2023
Figure-92: The Hershey Company – Forecast for Global Revenue (Million US$), 2024 – 2032
Figure-93: Biocon – Global Revenue (Million US$), 2019 – 2023
Figure-94: Biocon – Forecast for Global Revenue (Million US$), 2024 – 2032
List of Tables:
Table-01: Global – Carmine Market Share by Application (Percent), 2019 – 2023
Table-02: Global – Forecast for Carmine Market Share by Application (Percent), 2024 – 2032
Table-03: Global – Carmine Market Share by Form (Percent), 2019 – 2023
Table-04: Global – Forecast for Carmine Market Share by Form (Percent), 2024 – 2032
Table-05: Global – Carmine Market Share by End User (Percent), 2019 – 2023
Table-06: Global – Forecast for Carmine Market Share by End User (Percent), 2024 – 2032
Table-07: Global – Carmine Market Share by Countries (Percent), 2019 – 2023
Table-08: Global – Forecast for Carmine Market Share by Countries (Percent), 2024 – 2032
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