Carmoisine Market was estimated at USD x.xx million in 2022 and is expected to reach over USD x.xx million, recording a CAGR of x.xx% throughout the forecast period 2023 - 2028.
Arbor Investments announced that it has completed the acquisition of the private label business of Mars Petcare US, Inc. The company manufactures private label pet food and processing products for several national retail clients. The acquisition includes five manufacturing plants in the USA. With the closing of the transaction, Exclusive Brands was relaunched under the name Red Collar Pet Foods.
GNT Group, a renowned food colors provider, has started its new affiliate office in the Gulf Cooperation Council (GCC) region of the Middle East, located in Dubai. Food and beverage manufacturers located in the GCC region (which includes Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain) need to prepare for the major regulatory changes that lie ahead. The Gulf Cooperation Council recently announced abouts its latest legislation GSO 2500/2015 related to the usage of food additives, which should be in compliance with international norms.
Emirates, Qatar, Kuwait, Oman, and Bahrain) need to prepare for the major regulatory changes that lie ahead. The Gulf Cooperation Council recently announced abouts its latest legislation GSO 2500/2015 related to the usage of food additives, which should be in compliance with international norms.
REPORT METRIC |
DETAILS |
Market Size Available |
2022 – 2028 |
Base Year |
2022 |
Forecast Period |
2023 - 2028 |
CAGR |
x.x% |
Segments Covered |
By Type, By Application, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Neelikon Food Colours & Chemicals Ltd., Dynemic Products Ltd., Matrix Pharma-Chem (I) Pvt. Ltd., Ajanta Chemical Industries, Vinayak Ingredients (India) Pvt. Ltd. and, National Foods (Pvt.) Ltd |
Carmoisine Market Drivers and Restraints:
The growth of the Global Carmoisine Market is driven by the food and beverage industry, such as nuts, cheese, and some alcoholic beverages, as they are cheap to produce and more stable than most food natural colors.
The main factors limiting the global market for carmoisine are due to studies that have shown that the consumption of this can cause allergies, rhinitis and hives, respiratory problems, hives, swelling of the skin, especially for people sensitive to benzoic and salicylic acid. They also cause asthma and the formation of neurodermatitis. It also causes intolerance reactions in people who are intolerant to aspirin. Carmoisine can also cause other skin rashes such as hives and fluid retention. Due to its setbacks, carmoisine was only used externally in medicines and cosmetics in 1939. In 2010, the European Parliament made a decision that affected all member states of the European Union with the addition of E122 and other colors in food products must carry warnings on food labels stating "may interfere with activities and attention of children" to avoid this. It is used in the pharmaceutical industries only as an excipient in medicines and is not authorized for any other use. Food and beverage manufacturers are moving toward adding natural and non-synthetic color substitutes to food and beverage and pharmaceutical products.
This market is segmented by application and by type. By application, the market is segmented into
Food and Beverages
Chemicals
Pharmaceuticals
Personal care & toiletries
Food and beverages is further sub-segmented into
Confectionery
Cheese
Dried Fruit
Soda
Jams
Jellies
Bakery Products
Chemicals are further sub-segmented into Colouring agent, Dyes and lakes, staining agent. Personal care & toiletries are further sub-segmented into Shampoos & Conditioners, Bath Soaps, Hair gels & Hair oils, Toothpaste, aftershave, Shower gel, others. By type, the market is segmented into Powdered, Syrup, and suspension.
Carmoisine Market has been segmented on the basis of geography to offer a clear understanding of the business, the worldwide market has been studied in four regions of
North America
Asia Pacific
Europe
Latin America
the Middle East and Africa
the Asia Pacific accounted for the prominent share among other regions in this world. This can be attributed to the increased application of carmoisine as a food coloring among food and beverage manufacturers and to the large-scale production of carmoisine products such as colorants. The growth is particularly visible in countries like China, Japan, and India. Latin America is in the footsteps of the Asia Pacific. The growing demand for longer shelf life, food colors, and high stability in Latin America has driven market growth in this area. Other regions that contribute moderately to the market growth are North America, Europe, and the Middle East, and Africa.
Neelikon Food Colours & Chemicals Ltd.
Dynamic Products Ltd.
Matrix Pharma-Chem (I) Pvt. Ltd.
Ajanta Chemical Industries
Vinayak Ingredients (India) Pvt. Ltd.
National Foods (Pvt.) Ltd.
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