Expanding Applications of Cochineal Extract Boost Market Growth in Multiple Sectors

The global cochineal extracts market is valued at USD 39,779.0 million as of 2023. The cochineal extracts market is expected to grow at a healthy CAGR of 9.3% during the forecast period and is anticipated to reach a valuation of USD 90,905.5 million by 2033. In 2022, the global cochineal extracts market had a valuation …

Cochineal Extract Market to Hit US$ 107.0 Million by 2033 | Future Market Insights

Registering a year-on-year (YoY) growth of 9.3%, the global cochineal extract market size reached around US$ 39,779.0 million in 2023. The market is further expected to expand at a robust CAGR of 9.3% between 2023 and 2033, totaling a valuation of US$ 90,905.8 million by 2033. The cochineal bug, a member of the Dactylopius coccus family, provides …