Carmine Color Market Due to several variables, the demand for the carmine color is anticipated to expand significantly in future years with a CAGR of 8.0% between 2023 and 2033. The market is projected to have a market share of US$ 78.7 million by 2033 while it is likely to be valued at US$ 37 million in …
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Carmine Color Market Set for US$ 78.7 million Milestone by 2033 | Report by FMI
The Carmine Color Market refers to the industry dedicated to the production and distribution of carmine, a natural red pigment derived from the cochineal insect. This market encompasses various sectors such as food and beverage, cosmetics, pharmaceuticals, and textiles, where carmine is utilized as a coloring agent. With increasing consumer demand for natural and plant-based …
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