Carminic acid is a natural colorant extracted from cochineal, the desiccated bodies of dactylopius coccus costa female insects, used widely in making food, cosmetic and medicine.
Carminic acid is the extract from cochineal. The major cultivation countries of cochineal are Peru, Chile, and Mexico, among which Peru produces the most with 75% share worldwide. The main extracts of cohineal are carminic acid and carminic lake, and the former is mainly used in alcoholic beverages, soft drinks, fruit juices, yoghurts, milk drinks, ice creams, confectionery, pastry and pharmaceuticals.
Global production of Carminic Acid increase from 31513 kg in 2011 to 37697 kg in 2015, with average growth rate around 4%. The growth rate is limited by the cultivation capability, although downstream demand is strong. The cultivation area mainly concentrates in South America, and Peru is estimated to occupy 61.39% of the global production in 2016, while Chile is estimated to occupy 8.68%, Mexico 4.65%. For carminic acid produced in other areas, the raw cochineal is also exported from South America.
According to this study, over the next five years the Carminic Acid market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Carminic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Carminic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Carminic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Type I
Carminic acid content:≤6%
Carminic acid content: ≤7.5%
Carminic Acid Content: <90%
Carminic Acid Content: ≥90%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food
Pharmaceuticals
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DDW COLOR
Holland Ingredients
COLORMAKER
Frutarom
Biocon Del Peru
Proagrosur Perú
Natcolor Peru
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Carminic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Carminic Acid market by identifying its various subsegments.
Focuses on the key global Carminic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Carminic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Carminic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Carminic Acid . Industry analysis & Market Report on Carminic Acid is a syndicated market report, published as Global Carminic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Carminic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.