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Carmoisine Market By Type (Powdered, Syrup, Suspension), By Application (Food And Beverages, Chemicals, Pharmaceuticals, Personal Care & Toiletries), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa)- Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2023 to 2028

Published: March, 2023
ID: 5098
Pages: 175
Formats: report pdf report excel report power bi report ppt

Carmoisine Market Research Analysis 2023 - 2028:

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.

Carmoisine Market

Recent Developments in Carmoisine Industry:

  1. 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.

  2. 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.

  3. 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.

Carmoisine Market Detailed Segmentation Analysis:

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

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 Regional Insights:

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.

Carmoisine Market Key Players:

  1. Neelikon Food Colours & Chemicals Ltd.

  2. Dynamic Products Ltd.

  3. Matrix Pharma-Chem (I) Pvt. Ltd.

  4. Ajanta Chemical Industries

  5. Vinayak Ingredients (India) Pvt. Ltd.

  6.  National Foods (Pvt.) Ltd.

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