Carmine Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022-2027)

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Carmine Market - Industry Analysis, Market Size,
Share, Trends, Application Analysis, Growth And
Forecast (2022-2027)
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• The Carmine Market size is forecast to reach
  61.26 million by 2025, growing at a CAGR of
  7.44 during 2020-2025. The boom in the demand
  packaged dairy products is fueling the demand for
  carmine in the market. In particular, the markets
  for dairy products and confectionery are boosting
  the consumption of carmine.
• Carmine, also called cochineal, cochineal
  extract, crimson lake or carmine lake, natural
  red 4, C.I. 75470, or E120, is a pigment of a
  bright-red color obtained from the aluminium salt
  of carminic acid it is also a general term for a
  particularly deep-red color. 

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• Key Takeaways
• North America dominates the carmine market owing
  to increasing demand from applications such as
  dairy products and confectionery industries.
• The dairy products industry held the major share
  in the end-use industry segment.

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By Distribution Channel- Segment Analysis The
dairy products segment held the highest share in
the market and is expected to grow with the CAGR
of 5.88 over the forecast period from 2020 to
2025. Global milk output in 2018 is estimated at
843 million tonnes, an increase of 2.2 percent
from 2017, driven by production expansions in
India, Turkey, the European Union, Pakistan, the
United States of America and Argentina, but
partially offset by declines in China and
Ukraine, among few others. This increase has come
about as a result of higher dairy herd numbers
along with improvements to milk collection
processes (India and Pakistan), efficiency
improvements in integrated dairy production
systems (Turkey).
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• Carmine Market Industry Outlook
• Bioconcolors,
• Chr. Hansen Holding A/S,
• Colormaker, Inc,
• Ddw The Color House,
• Diana Natural,
• Gnt Group B V,
• Naturex,
• Roha Dyechem Pvt Ltd,
• Sensient Technology Corporation,
• The Hershey Company, 

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Carmine Market  - Forecast (2022-2027) Learn
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• Analyst Briefing
• Data Tables
• Key Contacts
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