The global demand for Carmoisine Market is presumed to reach the market size of nearly USD 923.73 BN by 2028 from USD 656.48 BN in 2021 with a CAGR of 5% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
Carmoisine is an artificial food colouring with the E number E122. It is also known as Azorubine. It has a longer shelf life. Carmoisine is used in a variety of food and beverages, especially candy and ice cream. It is considered safe for human consumption by regulatory agencies such as the European Food Safety Authority and the Food and Drug Administration (FDA) in the US.
The rise in demand for food colouring in the food and beverage industry and medical purposes is expected to fuel the carmoisine market growth. Carmoisine is in high demand in the cosmetic industry to give colour to the products like lipsticks, shampoos, face powder, soaps, conditioners, etc., which are anticipated to propel its market growth. Rising consumer awareness, increasing industrialization, and numerous manufacturers investing in technological advancement are together pushing the growth of the carmoisine market. On the other hand, the side effects associated with carmoisine are expected to hamper its market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of carmoisine. The growth and trends of Carmoisine Industry provide a holistic approach to this study.
This section of the carmoisine market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Form Type
- Food And Beverages (Confectionery, Jams, Bakery, Jellies, Soda, Cheese, Other)
- Chemicals (Colour Agents, Staining Agents, Other)
- Cosmetic & Personal Care (Shower Gel, Bath Soaps, Shampoo & Conditioners, Toothpastes, Other)
This section covers the regional outlook, which accentuates current and future demand for the Carmoisine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Carmoisine Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carmoisine market include Matrix Pharma-Chem, Ajanta Chemical Industries, Dynemic Products Ltd., Neelikon Food Colours & Chemicals, Vinayak Ingredients (India)Pvt. LTD., National Foods (Pvt) Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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