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Global Carmine Market Growth 2025-2031

Published Aug 05, 2025
Length 101 Pages
SKU # LPI20275645

Description

The global Carmine market size is predicted to grow from US$ 336 million in 2025 to US$ 408 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Carmine (E120) is a natural deep-red pigment extracted from female cochineal insects (Dactylopius coccus), with carminic acid (C22H20O13) as its core component, produced through acid-alcohol extraction and aluminum salt precipitation. It exhibits exceptional heat resistance (stable up to 200°C), lightfastness (outperforming synthetic dyes), and tinting strength (E10%1cm≥150 at 0.1% concentration), making it indispensable in food processing (meats, yogurts, confectionery), cosmetics (long-wear lipsticks/blushes), and textiles (traditional wool/silk dyeing). Despite veganism concerns and rare allergenicity (0.01%-0.1% incidence), its unmatched performance sustains demand in premium applications requiring thermal/light stability.

Currently, the global carmine market is showing a pattern of "stable demand but accelerated substitution." As a traditional pigment, carmine is widely used in the food and cosmetics industries, with its unique color value stability, especially in high-temperature processing products, which is something that other pigments find hard to replace. Therefore, despite the emergence of many substitutes, carmine still holds a firm position in the traditional food and cosmetics industries.

LP Information, Inc. (LPI) ' newest research report, the “Carmine Industry Forecast” looks at past sales and reviews total world Carmine sales in 2024, providing a comprehensive analysis by region and market sector of projected Carmine sales for 2025 through 2031. With Carmine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carmine industry.

This Insight Report provides a comprehensive analysis of the global Carmine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carmine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Carmine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carmine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carmine.

This report presents a comprehensive overview, market shares, and growth opportunities of Carmine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Pharmaceutical Grade
Food Grade
Industrial Grade

Segmentation by Application:
Animal Feed
Cosmetics
Pharmaceuticals
Food and Beverages
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Biocon Colors
Vinayak Ingredients (INDIA) Pvt. Ltd.
Imbarex
DyStar
Chr. Hansen Holding
Union Colours
Sensient
RohaDyechem Pvt Ltd
Proquimac
Holland Ingredients

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carmine market?

What factors are driving Carmine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carmine market opportunities vary by end market size?

How does Carmine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

101 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Carmine by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Carmine by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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