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.
Scope of the Report:This report focuses on the Carminic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
The worldwide market for Carminic Acid is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers DDW COLOR
Holland Ingredients
COLORMAKER
Frutarom
Biocon Del Peru
Proagrosur Perœ
Natcolor Peru
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Type I
Carminic acid content:²6%
Carminic acid content: ²7.5%
Carminic Acid Content: _90%
Carminic Acid Content: ³90%
Market Segment by Applications, can be divided into Food
Pharmaceuticals
Others
There are 15 Chapters to deeply display the global Carminic Acid market.
Chapter 1, to describe Carminic Acid Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Carminic Acid, with sales, revenue, and price of Carminic Acid, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Carminic Acid, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Carminic Acid market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Carminic Acid sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
