North America Carmoisine Market

North America Carmoisine Market Analysis 2023 - 2028:

North America Carmoisine market size was around USD XX billion in 2022. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2028.

Carmoisine is a form of synthetic food dye. It may be in the liquid or powder form and is red or maroon in colour. It has high stability and relatively large shelf life which makes it easy for storage. They are primarily used for the colouring of food and beverages and are also utilized in cosmetics and pharmaceuticals. Colouring the products makes them more attractive to the consumers which help to acquire more buyers to the product.

The Carmoisine market is a growing market owing to factors such as a rise in demand for the food colorants in many countries, the inclination of the manufacturers to developing more long lasting, appealing, and longer shelf life food colorants. Carmoisine is mainly used to colour foods especially commodities such as energy drinks, candies, sugar gummies, and juices to make them more appealing and attractive to the consumers. They are also used in the colouring of cosmetic products such as coloured lip balms, lipsticks, nail paints, and others.

However, owing to the harmful effects of excessive use of Carmoisine the manufacturers are slowing reducing its application in their products. This may cause a hindrance to the market growth of Carmoisine.

North America Carmoisine Market Segmentation:

This market is segmented by application and by type. By application the market is segmented into Food and Beverages, Chemicals, Pharmaceuticals, and Personal care & toiletries. Food and beverages is further sub-segmented into Confectionery, Cheese, Dried Fruit, Soda, Jams, Jellies, Alcoholic Beverages, Bakery products, and others. 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, Toothpastes, after shave, Shower gel, others. By type the market is segmented into Powdered, Syrup, and suspension.

By geography the market is segmented into US and Canada.

North America Carmoisine Market Major Players

Major companies in the market include 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.